Arizona republican., 1910-09-26

lands, water and water rights and other property and to products and by-products thereof; to purchase lease, or otherwise acquire. erect own operate and sell smelting and other ore reduction works. oil refineries. saw mills. power plants. railroads and tramways to serve as public car riers, outside the territory of Arizona; to do a general manufacturing and mercantile business; to own, handle and control letters of patent and in ventions; to issue bonds, notes and other evidences of indebtedness and to secure the payment of same in any manner deemed best and advis able by the board of directors; to act as agent, trustee, broker or in any other fiduciary capacity. and to bor- row and loan money and in general to do and perform such acts and things and transact such business. not inconsistent with law, in any part of the world. as the board of directors may deem to the advantage of the corporation"
 The stock of the company will have no possible fluctuating value as all shares will be issued at one dollar par and will be redeemed by the com pany at the pleasure of the stock holders at that figure or can be per emptorily called in by the board of directors and redeemed at the same price They are expected to be divi- dend paying
 A portion of article 4 of the char ter reads:
 The corporations affairs will be managed by a board of directors at present but the members of such board from each nation shall elect one out of every ten of their number to a delegate body which shall be known as the World Corporation Congress and shall be absolutely su- preme and will, as soon as practica- ble after World Corporation has re duced to it's possession and control all agencies for production and dis tribution throughout the world, re deem all the corporations stock-aft- CT which time the assets of the cor poration shall be the joint property. the earth"
 MT. Gillette has written and will soon issue a book called World Cor poratiOn" which embodies all his ideas in detail. together with a copy of the charter and bylaws of the company and q carefully prepared treatise on the various features of his economic ideas bearing upon and leading up to the formation of the new company and the actual inauguration of the movement.
 The ultimate ownership and full administrative control of all the worlds industrial machinery and the return to the peoples of the earth of that industrial machinery, in equal shares. is said to be the object of Mir. Gillette. He believes that his conclusions mark the birth of social and industrial science and offer the only rational solution of the com petitive war for existence between individuals and corporations He also is convinced that his plan will end all labor troubles. establish a real worlds peace and effectively unite the worlds peoples for practical CO., operation.
 The plan includes the abolition of any recognized division of the earth into nations, divisions of it's peoples into nationalities or division of own ership of the worlds industrial mach inery. It is intended to displace all governments and to absorb control and eventually direct industrial life all over the world and thus. to quote the author. tear down the barriers of caste and nationality and combine all peoples in equal shares in one brotherhood for one common pur- pose"