The Bridgeport evening farmer., 1910-10-12

making them pay all the bills As it is with the State tax if Of creating trust and combines, and also means of making the ordinary citizen pay practically all the cost of running the nation.''
 The speaker then took up the high cost of living, saying that prices were increasing because of the growth of trusts and combines. fostered by the tariff and by special laws made in their interest. He also said that oVer-capitalization and the desperate struggle to pay dividends on water IS large factor in putting up the price of everything. the result being that the share of capital is ever grow ing more and the share of labor less.
 He discussed the Payne-A1drich tar III Dill, saying that it was not a re- vision of the tariff downward, but a viola tion of the promise made by the republican party in it's platform
 lie said that the bill was favored by the entire Connecticut delegation. including all the Congressmen. and the senators. He also said that MT. Hill himself admitted that this bill is a dishonest bill, although he Congress- man Hill, had voted for it just the same.
 So long, continued MT Wilson, pines and protected industries con tlnue to push prices ahead faster than wages are increased so long will employment be uncertain and
 
 Every period of inflated prices, '' he said, Must be followed by a per iod of panic, the reason being that the amount of employment depends upon the QUANTITY of goods made.
 Let us assume he said. per 1od when employment is fairly gen which we will assume to be the only articles manufactured. or used are sold at moderate price, Wheat, we will assume, is sold so that ten bush IcrI7f fo1. n1-t tcT1 ifc of clothes for S1O0
 ''Now let us assume that the trusts, seeinor everybody at work. take the attitude that they can get a little more for their goods. And they do get a little more, but do not raise wages at all, or not as much as they have increased the price of the product.
 Then time comes wheat sells for g bushel and clothing, ten suits for $200a but the workers are getting the. same wages they got before, and bought before. Consequently employ ment is lessened and the market is lessened by the inability of the work CTS to buy so much of their product. as they did and when the circle of unem&oyment has gone to it's outer circumference comes panic.
 This inability of the combinations to find market at home, without raising wages; is the cause of the new. and strenuous search for for eign market.
 II the product WE1Cn the workers cannot buy back for themselves can be shipped to the foreigners, then the problem will be solved. So far as the trusts are concerned.
 1t will be a pretty good thing for us if the home market is kept as large possible and the foreign mar ket restricted as much as is consist ent with an interchange of commodi- ties not needed for commodities which We cannot produce here.''
 - In concluding his remarks MT. Will son said that he favored a merchant marine, but not a merchant marine owned by private persons and paid for by the Nation
 "If we are to trade. via the Panama Canal, with South America he said by all means let us have ships to trade insy but if the Nation is to foot the bills for those ships, let the Ma tion own them.
 $500, 900 on the Panama Canal to make a short cut for the ships of oth- CT Nations, surely it will be proper to spend very few millions on ships of it's own. to use that canal.
 ttThe subsidized privately own steamboat line will never be of much value to the manufacturers of New EngIand,'' he said. ".New England is the seat of the small industry Driven out of many standard lines of manu- factures. New England coins the gen unique products which have not yet been cOrnered by the trustsa
 t'The New England manufa cturers want an inland waterway, that they may rid themselves of the extortion of the railroad trust. Then why should they thrust themselves into the clutches of privately owned marine, especially if the people are to pay the bill. Only if the Nation owns the merchant marine will the ships be open to all shippers, great and small. on even terms. If the Nation does not own the mer- chant marine it will simply become another means of converting wealth to the pocket of monopoly"
 MT Wilson also referred briefly to the fact that Congressman Hill lis one of 14 men in Congress who voted against the amendment permitting the to lay an income tax.
 This! MT. Wilson said. most consist ent upon MT. Hills part inasn1uch as the income tax is the hardest of all taxes to throw back upon the ordinary citizen, and the most serious effort of the Congress, for many years. has been to see that the smallest amount of tax should be directed against the wealth of the few. while the little of the many is made to bear most of the burden.''