Mower County transcript., 1903-06-10


minds like Clapp's catch on to the gi-
gantic issues involved and settled in
the war. That's what I call a real
statesman. Wiz. et g. il ~ = &,,... = ~
One Of the boys says Farmer Ben
ought to be a promoter and speculat-
in schemer because he is USED to water
in stock. I don't know just how to
connect up this idee but / tell you I'm
alarmed to see so much, Of this Waterin'
stocks and inhatin' of fictitious values
and overcapitalizin' Of property and
stocks and business combines. / can't
see why what a plant actually cost
amt what it's real worth is in a general
way and why it amt something Of a
foundation on which to build its
capital stock on. But this takin' a
million dollar plant and capitalizin' it
for fifty millions and then tryin' to
make it earn fair dividends on this
awful big capital is what will bring
trouble just as soon as quiet markets
come. I can see how the already big
slumps in some Of the stocks is because
folks who hoareinyestina azafe scared and
afraid that the projicks won't hold out.
Of course, the properties amt worth a
cent more but the capital sums sound
big and if the promoters and schemers
can turn off lot of the stuff on in
nocents, they are away ahead. But the
victims that pay fifty millions Of good
money for stocks worth one million
are takin' big chances and the promo
ters just pocket the forty nine millions
profit and move on to new pasturs and
fresh victims. .: e-,.S 4. S Il & s
o o .
These college professors some of 'em
just: irritate my good natur and make
= me mad at their asinine attempts to
say smarty things and kick up sen,
sation. If the college managers amt
little careful and clean out some of the
eccentric and crazy looms holdin' down
some Of the professors chairs the folks
that hav children to eddicate will in.
! struct 'em at home rather than send
'em to college. Ore of the smarties down
at Michigan university gives it out
that men are not created equal. He
says that the laborer is an inferior
animal and sin't=got warm, rich blood
like the capitalist which denotes
superiority. just think Of your young
ones gettin' such truck as that chuckeG
into their craniums. He says that jus1
like one horse is worth five dollars ani
another is worth ten thousand SO meI
differ and amt equal and want createt
So. Well, if that is anything like thu
truth that same perfessor would ge
into the fifty cent plug class in on
jump. That doctrine was the one tina
I the Shareholders in the south used Il
4 hav and 80 they sold and bought thumal
beings like cattle but the moral sens
Of the people rebelled against this in
fernal doctrine. II claim that all mel
are created equal in that they hav
equal right to life, liberty and the pu1
suit Of happiness, equal before the Law
equal in all that. goes to make up
genuine man, equal in the right to ear
honest liyin'. a little eddication an
money don't prove that men were no
created equal.
There's lot of old grannys that Ii
in lthe past and whine and sigh owe
the fact that things are not as the
IS used to be. Well, SO far as I'm cor
cerned, 4 amt sorry. Things are dill
ferin' and what is the use Of mourni1
over it? was thinkin' of this lectu
business and how it's apparently o
the wane. What Of il? d amt calkel
latin that folks are all idiits becaus
M they don't tend lecturs now as the
used to. When 4 was q boy il ol
Jefferson county they didn't haY !
much readin' and other ways of II
formin' theirselves. The preacher, u
teacher and the lecture gD0ak ker la