Bisbee daily review., 1906-11-08
MENACE OF THE MUlTl-MIlliONAlRE.

has been calling public attention to the menace of the multi-millionaire. It has been pointing out the immoral methods employed by him in the ac- emulation of his money and the cor. rupting influence he has exerted on politics. During the last few years an increasing number of well-todo republicans have been listening with interest to democratic speeches, but HOW even a; few republicans of prom inence are becoming alarmed. Secre- tary Shaw isn't scared. and Vice Pres idant Fairbanks shsss so far failed to raise any danger. signal, But Presi- dent Roosevelt has already suggested an inheritance tax as a means of mak- ing gthe multi-millionaire disgorge.
 Now comes Senator Beveridge of Indiana with 8 speech that sounds strangely democratic. says the Com moner. The senator made speech at Dunkirk, Ind. on the 20th of Oc- tober. and the Cincinnati Enquirer quotes him as saying: Every reform measure and every proposed law for the nations good has been fought by mighty financial interests whose prac- tices and immunities the proposed law threatened. There seems to be q strange insanity created in the piling up of unhealthy Fortunes with un- healthy haste. by unhealthy methods an Insanity that makes men who are worth scores of millions of dollars fight any law which will reduce even a small percentage of their enormous profit" t
 MT. Beveridge then cites the case of an Arizona mining company which opposed statehood for fear its taxes might be increased. He adds: This fact brings up another and, perhaps, the most serious problem immediately before us for solution. It is the prob lem of the more equal distribution of wealth, and especially of the limit -tion of what President Roosevelt calls swollen fortunes"
 Mir Bcveridge calls attention to Rockefeller, and says that he is re- puted to be worth s800,000, 900. and that in the hands of Rockefeller's son this will probably be increased in a life time to s2,0O0,OoO. 900. This" he declares, lis wrong. It is dangerous to the public"
 T am not the enemy of wealth" says Senator Beveridge. T believe in fostering and encouraging that indus trial enterprise which makes men ac- cumulate money. But when a fortune reaches a point where it is no longer the result of individual effort and thought and thrift, but accumulates of its own course, it ceases to be a blessing and becomes curse. No man should own s1.00o. 100000 No man should own s100,0o0,0 900. No man in a republic of free and equal men should have the immeasurable power P1SotcolOu riches gives him. It is bad enough from every point of view. but the deadly thing about it Is that the man agers of this great wealth constantly interfere with the peoples govern ment This is manifest in our legis- latures, it is apparent in our elections, it is present in our primaries. And il has got to be stopped. We can not permit this government of, by and for merely wealthy men and great financial institutions. The multiplica ton of rich men in public life is noi good sign in free institutions"
 This might be attributed to demo cratic speaker and no one would evel incsicc the mistake. Probably cor poration republican would be led t
 Gercrnce the language as demagogis and incendiary, if it were attributed ito a democrat. But what is to b.