The Washington times., 1912-10-13
ASSA|LS
MERGER AS PLOT
FOFLEECE PUBLIC
Declares People Must Pay
for Stock Juggling Of
Corporations.
CONTINUED from First pase.)

ment. They are beginning to feel a loss
which oven stock gamblers recognize,
and that Ia public confidence.
The people Of the community are
waking up. They are scanning critic
formerly, the action OF directors who
took advantage Of their position and
special knowledge to deceive other
,stockholders, whom they were supposed
70 r rep They are asking e there
able In a director buying out other
small holdings. which represent all their
ssayinss' and paying them q. when ne
way-that the stock viii sell for nearly
three times that amount within a year.
They are asking II stock gamblers arc
NJ to be directors at all. They are ask.
i n,.h IN The, the second place. what effect
service corporation has on them
whether forcing up. forcing down, wat
erins., wrecking, means anything to
them beyond a mere exhibition Of imam
that II Is related to the price Of gas
which they burn. of the electricity they
use, OF the car tickets they are COM
PEELED TO buy. II has n very intimate
connection with the overcrowded, badly
ventilated, dangerous cars which they
are forced to use.
Public Now Has Rights.
Tn others words. every man who
pays cent car fare has to pay
interest on millions and millions of
dollars that never went into the con-
struction Of the road.
This jobbing and watering Of stock
or three-cent ear fares NTH snov~S
seats for everybody.
People are asking In the third place
II a public utilities commission. with
adeouate power. Ia NOT an imneratiyc
demand,n~ ana in thai $500 a" nna s Az,
manding IL one NJ the most siuniscant
nhannm.na - o,u A., ''o''
at is not so long ago that the state
al aan," hn.;na Isl ~ ,..,s
h ha na h,,s, mas NE omn
o'.s """ ''e o'''"ess u ho oh'
e' sws An, now a,uos, vsn.ra, accent.
ance OF the proposition that In the
management OF every great public serv-
. .I f'' his we're 81. simply e an economic
problem. I should have nothing to say
upon II today. But II IS more than
.nSs s, socia pro u,,, ~ q
the mons, hut tho health the safety.
the happiness OF the people.
p,,h. Ga rhrr.h "a At
-.
IF II 10 right for a church to advocate
public health movements. II is right for
Il N sbow wbv we as a community ca m
s,.n -,
ohiy anord crowueo. o'Sease
mating cars on some lines. III II Ia right
for It to labor for parks. II Is right to
labor for means to take the masses to
the parks at rates they can AFFORD. The
difference between the outlay OF 80 cents
and 2S cents to take o family to the
Zoo on Sunday afternoon Ia often
,ha a,nerenca hetv,.,n going and not
Going
e"Ifs n. fs right for a church TO urge
tho old nrecebt do Justly IL il in rigfi
Tor r. 70 thunder again The Command
.Tbou shalt not steal IL IL is still prop.
ar IN refer 10 human brotherhood and
mean n the church has n right 10 az.
rose gambling in the stocks OF public
service corporations. and a solemn duty
to piIlory The gamblers at the bar OF
public opinion.
1--WE have today 10 teach not only IN.
d,yidral morality but social morality.
demands OF SOCIAL moranty.
"IndiyiduaI morality saws. Take tn,
,.,a ,,,, ,h, .,o, ,oaLo 80, hia.a. .,
ANU w ''e s'o.' '"ano wv o'aeee "
fross grow where one grew pefore'
Sociau morality says: II you do TAX,
th. land IN, hayo oot 80 r.o a. 80,