St. Johns review. (Saint Johns, Or.) 1904-current, 1912-11-01

ey? Is not the working capital
the $40, 600 the people paid fol
shares, and have not the people
centered $40, 900 of their individ.
ual power into the control of one
man? Is that not concentration
of the wealth of the masses into
the hands of one man? And is
that not control by one man of
the masses? If, when dividends
might be declared, the one man
casts his 60, 600 votes against the
peoples 40, 600 to not declare div
idends, but rather to buy more
earning power, of which he gets
| 60 per cent of all its profits and
all control, is not that the promo
ter exercising his control over
| the heads Of the people? And if,
| by buying more earning power,
extending his business he is
crowding some smaller concerns
out Of business, is he not exer-
cising control over some person
or persons who sought to avoid
his control? Is not that unlimit-
ed monopoly?
Time and space only permit of
a short sketch illustration.
There are hundreds of ways
more unjust, more criminal, of
robbing the people of their right
ful industry and power and CEN
tering all in the hands of the
few; but the above will suffice
as a flashlight glimpse Of the
heinous nature of concentrating
monopolistic principles.
Statistics show that all indus
try has concentrated in the hands
of monopolists, and monopolists
have concentrated into the hands
of seven magnates, and, sad to
say, we are not going to be, but
are now, the slaves of seven mo-
nopolistic magnates.
The American people, for they
are the parent of this unredeem-
BILE monopolistic principle, are
dropping their heads, slow and
weary of step, pallid of cheek
and dim of eye, because of the
crimes perpetrated against them
by the principles of this monop-
olistic child of their creation.
In the hearts of the workers
hope has subsided and despair is
fast taking its place. But we
are here, and, though we know
not why, we believe we were not |
born to die. Despair is coward
ice. Compromise is procrastina-
tion. Profit is an imposition,
and the so-called over-production
of the necessities of life is a lie.
If man renders an equivalent to
man, where are the profits? If
IL requires a certain amount of
energy TO produce a certain pro-
duct, and a certain amount of
energy TO place that product into
the hands of the consumer, the
consumer ought TO pay for that
energy developed. nothing more,
for the money of the consumer
was developed by the consumer
to produce some necessity for
which he received the money.
II each man receives the exact
value of his energy and chooses
TO live within the means of a
portion of that energy, and by
investing the unconsumed por-
lion. convert it into a producer
)f more energy. that man ought
o get what that energy pro-
iuces. In other words. man
'ught 10 get wages TO the amount
If energy he eXerts and all his
money earns when he invests il.
such a system is an equivalent
system. Cooperation
5 unquestionably a step in civil
zation in advance in economic
of any business meth
d that ever preceded il. But,
Ike every other development of Z
mans genuity, il has been seized
y the opportune rich. Yanked
rom the hands of the stringent G
oor. robbed of all its universally
enefcial qualities and perverted
lto a menial pirate for the cap
aims of national plunder. .
To restore il TO its universally
eneticial qualities and transform
10 its equaliZing functions is
he one subject of Importance 10
he American people; compared
ith which all other subjects
NIX into insignificance.
For this worthy cause Mr.. I
onville has persisted in exclu-
We devotion TO the construction
coat of mail in which to pro-
ctthe impartial virtues of right .
constructed cooperation prin- 4
piles against any possible inju-
from its enemies. As right
er faithfully honors the eXecu- NJ
>n of right motives the crown 10,
Mr.. Bonville's success may be all
und i'm the Constitution and -
Laws of the "B0NVILLE
YEAR SYSTEM, " of which a 4
reful study will convince any /
ep thinking man of its power u
tilt the channels of concentra- d
m to incline the other way,
nverting their concentrating
rrents into currents of distri- eac