The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1907-03-07

Rutte papers was instigated by the
IAmalgamated Copper company. Ids
CORPORATION has been preparing Tor
this occasion and most strenuousIy
| working to bring 1t about. Inc
Amaleamated Copper Company has
corner on the copper market, and are
working to bring up the price on cop
per. OF which they no doubt have
large quantity on hand. The strike
which would throw their mines ldie
would accomplish this purpose. IDS
Is not the only reason why they de-
sire the miners to strike, ana en-
bance the value Of copper. Amaiga-
mated stock has been climbing the
adder in values, and no doubt the
company have disposed OF large
share Of their holdings. 1t is no" IN
the hands OF the innocent purchaser
the people Of the East In moderate
circumstances, who have purchased
the stock for the large dividends. A
strike would depreciate the values.
After the Amalgamated Company
had pounded the stock down TO lts
possible lowest figures the officers OF
the corporation would buy up ibis
stock at half tie price at which the
investor paid for 1t.
~
BY forcing the strike the Amalga-
mated Copper Company would mol
only gain millions Of dollars In the
enhanced increase In the value OF
COPPER. but would double their mil
lions by being able to buy the stock
on greatly declining market, and
thus kill two birds with one stone.
As soon as these two purposes have
been accomplished the mines Will
|. then be opened up at the old scale OF
, wages. We have never been a great
, admirer of Lawson, for the reason
| that he went into the exposition OF
D the corporation thieves, not to bene-
3 fit humanity, but in spirit OF re-
' yenge. Less than two years ago
3 Lawson prophesied this very contin-
! gency, which has happened in the
miners strike at Butte. Lawson Is
g more responsible for the wave OF re-
= form, which has reached every ham
' let and city in the nation than botlI
< Bryan and Roosevelt, but his warn
{ ings in many cases, have fallen upon
: deaf ears. The Butte strike will
I mean that every branch of industry
). in Montana, and will effect this coun
d try to some extent, will be paralyzed
J. and the effect will be felt for years
II A portion of Idaho and large por
n tion of Montana will be temporarily
n ruined that the corporation thieves
at the head Of the Amalgamated Cop
per company may increase their al
ready piled up millions. This j
= purely case of what Tom Lawson
= calls "made dollars. ~
II ~
= The lumber trust is like man
Is other trusts in the conntry-it is al
II ''infant industry, must be coddle
= and protected by the high protecte
). tariff, yet iG is entering the market
Is of the world and selling lumber !
.. foreign countries much cheaper tina
l. 1t Is at home. 1t enters the market
a. of Australia, pays the duties in tina
'e country on lumber and yet undersel
D. all competitors. Lumber in til
IS country is so high that it is gettin
N to be a luxury, and the tendency {
IN prices is decidedly upward. TIL
Dr. trust tells US that the high prices al
RS due to shortage and an increase
10 demand Of home consumption. TIT
rs high protectionist will tell us thu
4. the protection is to keep over Cal
le adian competition, yet this countl
G. or the lumber trust imported
~ Australia lumber to the value Of tW
IN million dollars, last year, while Can
n ada imported to the same country bl
Of 25s thousand dollars. In the face {
1e this fact the lumber trust must /
d. protected by high tariff to keep OIL
Do cheap lumber from Canada. The pc,
t, pie are beginning to De educated u
n to the correct ideas of protectio
is and are beginning to find out tn;
ir protection for revenue only Is pr
4. ferable, and protection beyond thu
figure is simply highway robbery.
-.
er The lumber trust is not the on
of trust in the United States, whic
ne has demonstrated by its foreie