The morning journal-courier., 1908-09-16
STILL HAMMERING
 SUBMARINE FIRM
Continued from First Page.)

Continued from First Page.) 000,00 preferred and s5,000, 900 com mon. l am told that It's actual assets are about s100.000 The Electric Boat company does not build these Holland submarines but obtains government contracts and sublets to shipyards. Now with sl00.0Oo of visible capital in plant and equipment, when this company pays a dividend of per cent, on It's 0,000,O00 capital 1t real ly pays dividend of 100 per cent, on its visible assets of sloo.0oo, which Is but l-100th of its 10000, 900 of stock.
 Think of this and take 1t home with you. This corporation on its preferred stock pays per cent. or s400,000 annually on visible invest ment of s100.ooo, and this has been taken out of the people of the coun- try because of monopolistic legislation.
 "Battleships with ten or twelve inches of steel armour plate and all their intricate mechanism, the 12-inch guns alone costing S1,000.000. cost ready for action but s350 per ton. while for these wooden boats which have gasoline engine and torpedo tube our people are paying s1.l5s per ton. and had this investigation not knocked out the monopoly clause. we might he compelled 10 pay s1,2ss per ton for the next eight of these wooden craft. stand ready to-day to take a contract to build these eight boats for one-half that sum, or .644 per ton. the department to furnish me with plans and specifications AS called for in the naval bill as 1t passed the com mittee.
 Following the nominee for governor MT. Judd called uron his running mate, Frank E. Weeks of Mddletown who said that he always felt at home when In company with a member oi the Republican club. Congressman N D. sperry was then called upon and hs earnestly exhorted all members to vote the straight republican ticket at the polls in November.
 John Q. Tilson, candidate for con. gressman-at-large. then responded te the toastmasters call and said in part that the opposition to the ticket was growing less every day and that the Grand Old Party ought 10 roll LID q large sized majority when the electIor day came around.
 Freeman r. Patten of Stafford. state treasurer, who spoke next, registered a strong protest against the manner ir which the papers out of the state were regarding the political situation ir Connecticut. Tn his speech he made special mention of the representative, Of the state both at Washington and fl Connecticut and showed that thel, work WIS nothing but of the highest order.
 Colonel | M. Ullman of this cit, next rose and said that he was pleas ed to be able to be present at the gath ering He was followed by Frank c Bushnell of this city who was caugh just as he was making nasty exit ou of a nearby window.
 In speaking Mir. Bushnell became quite personal and assured the nom inees on the ticket that there was nt need for worrying about the result O the election In November As fur ther conviction of the result of the cleo. | ton MT. Bushnell said In part "Did you ever see a George and Frank that ran together and dldn' win? never did. Elected The ticke will be elected by over 30000."
 The days events wound up witt three long lusty cheers for the success of the state and national tickets afte which the party embarked on the trol lies on their return trip to the cit, reaching here about o'clock
 Among those noticed present were Congressman Lilley, sperry, Hill an Higgins Major Tilson. Frank F Weeks, Freeman F Patten, Robert ( Eaton, Colonel I. M. UlIman, Robert r Lee Colonel T. H. McDonald samue F. Hoyt, Andrew Gates, Thomas I
 Bradstreet, Seymour l., Judd, Phelp.
 Senator Brandegee, Postmaster How
 arth, F. C. Bushnell Frederick Leh and many other republicans throughou
 the state
 The following men were in charge (
 the days sport: T. H. Macdonald
 chairman, O. A. Pallman, J. H. Allart r. F. Shay, J. Q. Tilson and w. ( : Merrels.