Mexico weekly ledger., 1910-08-04

Friars 725, 900 acres of land at $500
per acre. | make no question but that
the purchase was proper and the price
Just. Congress sought, by statute, to
protect all public lands of the islands,
by providing that no corporation could
ever acquire more than $500, and no
individual more than 40 acres. Thus,
Congress and the nation believed that
these lands would be Aeld as homes
for men. And so the country praised
the patriotism and the wisdom Of the
act. For once it did appear that Con
gress had turned attention to the peo-
pie and sought to make and keep a
place for human things. But in the
framing of the law, the sugar trusts
invisible hand gave direction to the
writer's pen. In the Presidents cabi'
was found a brain to cunningly
copstrue the law to suit the purpose
of Havemeyer. In an opinion of which
the country never heard until the title
deeds had passed, the Attorney'Gen'
eral decided the term public lands"
did not embrace the Friar land, al
though owned by the public. Hot on
the heels of this remarkable decision
came knowledge of the fact that 3d.
600 acres, the cream and fairness Of
the Friar lands, for which the people
paid $500 per acre and which were
doubtless of fabulous %value.) had peel
transferred through a straw man to
the sugar trust at the fraudulent hg'
ure of $500 per acre. On top OF this
comes knowledge that the Presidents
own brother and the Acknowledgement
have been counsel for the crafty ras-
Gals, who, at the anne moment were
~defrauding the government OF revenue
duties in New York and stealing pub
lie lands in the Philippines! Truly
the sugar trust has a long arm!
Republican Senator's Testimony.
A final chapter in the loathsome ale
has lust peer told, and finds Its au
thority in a republican senator.
The Tariff Act, passed by the House.
anowed the already ~exorbitant DING
ley rate on manufactured rupDer u
remain. When this bill came before
the Senate, Aldrich demanded n 3D.
tained an advance of duties on manu-
featured rubber from 80 to 80 per cent.
Now. IL transpires that at the very
time Aldrich and Guggenheim, IN the
eanata of the United States, were en-
oayad in raising the tariff on rubber
70 a point which would prohibit all
foreign competition, they were organ-
i1ing a forty million dollar corpora
tion IN destroy domestic competition.
This corporation is composed OF the
Aldrich and Guggenheim families n
three or four great republican imam
ciars who have hitherto been cele-
hrated for operations in high finance.
heading the list is Senator Nelson W.
Aldricn, with $4,000 shares; and sena,
tor simon ~Guggenheim, with l0,0oO
shares. then follows Edward B. AID
rich, with $500 shares; IN dug'
genheim, 10000 shares; ). H.
helm. 10, 900 shares; Murray Guggen-
helm 10000 shares; allied with these
gentlemen, and permitted to divide the
loot are Paul Morton, formerly hoose-
yelt's Secretary of the Navy, inc
Thomas f. Ryan, a member OF the
washington cult of financiers. why
these two latter were permitted 10
share the spoil, ] know not! Inc
, fact. however, remains that the greater
nortIon of the vast benefits to pc de-
rived from the organization oil TINS
monster concern and from the votes
: Gnggenheim and Aldrich cast In the
senate hall will flow directly INTO the
noekets of these senators or Ill the
golfers of their respective families.
During the first three months OF lts
existence, this tariff protected monop'
+ DIV has declared dividends exceeding
' 1S per cent. These fabulous pronts
were realized on contracts made De
!, fore the trust had reached Derfeetinn
E~inancial Journals assert that the PROF
r its will go up by leaps and BOUNDS"
1 This niue. we know: that about Sixty
DAYS ago every dealer in rubber IN the
United states was served with notice
that the price would advance. All mel
today know that the threat was mace
good, and the price has been raised tc
q every c nsumer of the country ~ PEI
cent.
Rubber Tax Robbery.