Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, 1908-01-27
100000 600 PROFITS
YEAR ON $500 INVESTMENT
New York Woman Has Scheme to End
Trust Rule and Bring About the
m-Watterson
Her President

NEW YORK, Jan EFF Mrs. Mary
Q. Firestone of 4S West Seventeenth
street can borrow $500 to pay for the
rent of Faneuil hall, Boston. she pro-
poses to found an enterprise which is to
start with S16O,OOO,0OO and which she
hopes is destined to absorb all the trusts
in the country, pay pension OF 500
month to every man in the United States
over so years of age and s25 month TO
every child under Is.
Mrs. Firestone is apparently not aware
that Faneuil hall is never rented, Its use
always being given free of charge.
Profits of s., 1000, 100000 a year are counted
upon when all the trusts are turning in
their earnings to the new owners. Mrs.
Firestone, who has advertised for some-
body to advance the $500, will get salary
of at least $4,000 year, and perhaps 81
100000 as her compensation for setting
the enterprise on foot. Out of this Mrs
Firestone will repay $4,000, to the lender
of the $500, or a matter of 10000 per cent
on his investment
The $500 will be used to hire Faneuil
hall, in Boston, on Lincoln's birthday
next, when the american association, to
adjust, maintain and perpetuate Ameri-
can institutions" will be launched. Every
one of the SC, 900, 900 residents of the United
States will be anxious to join and gladly
pay the initiation fee of 50. This will pro-
vide the initial $160OO0,0Oo and make the
association a going concern.
Check on Dishonesty
OF every 81 received 81 will be used to
form a national campaign fund and the
other dollar will go for organization ex-
penses. From each subscription Is cents
will be devoted to advertising and push
ing the movement. Fifty cents will go
%
ganizers. A check system will prevent
anybody in the movement doing any
thing dishonest or selfish.
Mrs Firestone has worked out every
detail of the mammoth project. The
president of the American association,
who should naturally be Mrs. Firestone.
shall receive a salary of $4,000 a year.
serve three years and then be retired
upon a life pension. There is to be a
board of directors, and Mrs. Firestone
has already chosen them. They repre-
sent varied interests and are as follows:
President Angel of Michigan, educa-
tional interests.
Henry watterson of Kentucky, the
south.
President Cleveland of Princeton, the
north.
Moorfield Storey, the east.
w. ]. Bryan, the west
Rabbi Hirsch of Chicago, the Jews.
Archbishop Ireland. the Roman catho-
lies.
Bishop Potter, the Protestants.
Tom Watson of Georgia. the farmers
Samuel Gompers, the workingmen.
President Roosevelt, the Republicans.
Governor Folk, the Democrats.
Miss Jane Adams of Chicago, the
women.
Directors Haven't Agreed
The directors haven't agreed as yet to
serve, but that is mere detail which
will be attended to when the movement
is launched, Mrs. Firestone says.
Another urgent reason why the much
needed $500 should be contributed at once
is that 1908 is a presidential year. Mrs.
Firestone's plan calls for the election of
a president and vice president Of the
United States by the members Of the
American association. Her ticket is as
follows:
For president-Henry Watterson.
For vice president-William ]. Bryan.
When all these details have been dis
posed of the American association will
buy up the trusts one after another-the
whisky trust first, the tobacco trust
second, with the drug trust a close third.
Mrs. Firestone expects when in control
of these trusts to put an end to liquor
drinking and the injurious habit of smok-
ing cigarettes.
Mrs. Firestone says in a pamphlet she
has written:
I'VE must control the railroads. the
street car systems, the telephone, the
telegraph lines, the banking systems and
the express companies, because they
shold be run for the profit and conven-
lence of the general public"