Wheeling majority. [volume] (Wheeling, W. Va.) 1907-192?, 1911-03-02

as the actual cost per man to be de-
Quoted from the value of his product,
$2,451.O0, which leaves S1,576.00 as pro
fit on the work of each man for each
year. This $1,576.0O is the amount
each worker is presenting to the capt.
talist each year he works. for he
privilege of getting starvation wages
of $4S7.5O year.
The investment of $1,000 which will
employ one man, give, the capitals.
a clear profit of $1,576.O0 a year.
This amount added to his average
wages of $437.50 mskes $2.O13.5O
which would be the income of eacn
and every worker each and every year 1
if we, the workers, owned our own in
dustries, and yet the workers, most OF
them, vote to give nearly all to the
capitalist, and growl and flme, and
cuss their hard luck, when they alone
are to blame. =
Second.
The workers save a few dollars,
sometimes, and put them in banks in
order to get 40 interest. Now they
cannot get even this small interest
unless the banks can loan it. They
loan the money to the business men,
often the owner of the plants whele
the men work, and besides making a
clear profit Of $1,576.00 year. make
the interest also off the workers. Thus
the workers are robbed out OF at leost
so in order that the bank may pay
them 40.
Third.
The capitalists all do as did the.
tobacco trust. They had about $780,
10000 in properties which they capl-
ltalized nearly twenty years ago al
SIS, 000, O00-more than sixty times the
4 wealth they possessed. In other words
they called one dollar of wealth sixty
/ dollars of capital, and have since IL
creased the parent company to two
hundred sixty eight millions capital,
besides subsidiary companies bring
the original wealth up to five hundred
million dollars ($500,0OO,O0000) in
/, twenty years.
/ $4OO,0OO.O0 in twenty years has
lgrown to $268,00O, 100000. In other
words, one dollar in twenty years has
lgron to $4,000.
This only illustrates what the cap
ltains of industries have done and are
ldoing with all the industries.
| When few men have it in their
ipower to create one dollar of wealth
Unto hundreds of dollars of capitaliza-
H ton, and with this capitalization buy
up the industries of a nation and mark
the product up to pay interest on the
Watered stock.
Fourth.
With stocks thus accumulated the
plutes can now take them asA they
would government bonds, deposit
them with the government and receive
cash to IS per cent of their value, and
draw interest on the stocks deposited
with the government.
This money can be used to buy
more stocks which can also be deposit
ed with the government and get more
cash. The capitalists are now working
this graft in connection with the
others.
The mill is now grinding and it will
absorb all the wealth of the country
| in a short time. Both old parties
stand for all these things.
How can legitimate business or the
workers hope to make ends meet?
They simply cannot and will not long
Eendure. Our trusts are pyramids
standing on their apexes. Their fall
Ills inevitable and great will be the
crash unless the people know how
to protect themselves from the ruins
and panics that will follow.
The general demands of the "pro-
gram of the National Socialist party
platform" will tell you.
It is plain, read it.