Martinsburg herald. [volume] (Martinsburg, W. Va.) 1881-1920, 1907-11-02
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Herman BIDDER Exposes Methods
Of aMonstrosity'
SOUNDS WARNING TO LABOR
president af American Publishers As.
socistion Says Newspapers Can
Make No More Concessions.

Make Mo More Concessions.
Chicago, Oct. 25.Ais attack on the
paper rust and an Illuminating ex'
posure Of the combination monstros-
ity we're made here by Herman Rid
der president az the American News
paper Publishers Association. before
the Nationa' Civic Fedaration's con
ference on trusts.
Mr.. Ridder first sounded warning
10 organized labor not TO 20 too far
in its demands upon the newspapers
Of the United States
1--WE find" said Mr. Ridder. that
the adoption of arbitration for the adj
Iustment Of labor disputes has tended
to increase the stability Of Investment
in newspaper property, and III has af-
forded means for the settlement OF
minor contentious which formerly
caused indefinite trouble often leading
TO destruction of property, enormous
loses OF wages, and the cngendering OF
passion The payments they made for
the maintenance Of this arbitration ar
Tangement and for the carrying ont OF
the policies OF Cancellation were re-
garded by publishers as payments for
Industrial insurance, inst as they paid
for fire and accident insurance. II
has been On lculated that in New York
city alone the newspapers pay $1,000
900 per annum as their tribute to the
closed shop and TO organized labor
Union Has Reached the Limit.
With each new concession to The
unions or each new award of arbitra,
tors. the publishers ask how far this
payment may be carried. There are
limits beyond yteh hHy cannot go
even though they are we wishers Of
organized labor They are approach
ing that limit where their necessities
may force them TO stop concessions
and allowances. They wish to empha
size the fac that they have no objec
lions to unions. They believe that the
unions Notwithstanding many faults
have accomplished excellent results
Tor men who are not ambitious to rise
above their employment However
they have a right to complain 81 those
unions which set up a selfish guild
for individual profit and without re-
gard for the rights Of other labor"
Serious as this labor trust may an
pear Ia some Of it's aspects 1t does
not compare in Objectionable features
with a paper combination, which is
probably he most remarkable finan
s,al freak that we can find in q long
list on combination monstrosities. The
printing and publishing business as a
whole turns over It's capital in about
ion months. Large department stores
that advertise energetically, will turn
oyer their stocks about seven times a
wear. but the largest paper manutac-
turer in the wor'd-the International
paper Co-with a capital exceeding
$50 000. 00c does gross annual busl-
ness Of only $2tooo,ooO thus requir'
ing three years 10 turn over its capi-
tal. 1t has watered itself unit IT has
no more money 70 invest. It has Dor
rowed upon everything It has. 1t can
not earn ana more money unless II
can do more business, and 1t cannon
do more business because il has not
the money with which to do it. In
stead OF accepting its responsibilities
and extending its business to keel
pace with the growth of its customers
the Iuterna .ional Paper company is
producing leses newsprint today than
it turned out Immediately after lis or
sanzation.
Scheme Of Extortion.
10 maintain tina concern and its