The Calhoun chronicle. [volume] (Grantsville, W. Va.) 1883-1984, 1912-08-20

in the blast furnaces of his steel
mills to work twelve hours day,
seven days a week, 365 days a
year.
AS postscript to the above in
formation, the following history
of Mr.. Perkins may be of inter-
est to many at this time:
Mr.. Perkins was the chief aide
and co-schemer of ]. Pierpont
Morgan while the latter was in
the years between 1900 and 1911
throtling business in every direc-
ton. 1t was Perkins who as
Morgan's business partner
showed Morgan how to dominate
the boards of directors of all the
great railroads, banks and trust
companies, express, telephone
and telegraph companies, steam
ship lines, insurance companies
and all the great industrial
trusts to the end that Morgan
now has q strangle held on a cor
porate wealth of over 35, 900, OOO-
600, an amount equal to one-third
of the wealth of the nation.
STANLEY DESERVES CREDIT.
Congressman A. o. Stanley of
kentuckey, chairman of the
Committee of the House of Rep
resentatives which investigated
the Steel trust, deserves great
credit for the systematic and
highly capable manner in which
he conducted the inquiry.
The cost of the entire investi-
cation was but $4,000. This
amount is in striking contrast to
the cost of some of the investiga-
tons under the Republicans, no.
tably that of the immigration
question at an expense to the
people Of more than 100000.
Mr.. Stanley saw to it there
were no personal excursions or
junkets with the money appro-
priated for the probe of the steel
corporation. He was willing to
spend money for all necessary
expenses, but was careful that
not a dollar was squandered.
1t will be recalled that the in
vestigators Of the immigration
question spent their appropria-
tons like water, touring Europe
in the most luxurious style, visit
ing, at government expense, all
the prominent places of interest.
even journeying to the pyramids
in Egypt.
Mr.. SANKEY'S name will 90
down in history along with the
masterful report of his commit
tee, and he and the members of
the committee who co-operated
with him, deserve we'll in the es-
timation Of the American people
for work well done.
PER CAPITA WEALTH.
Sixty years ago the per capita
wealth in the United States was
1907; today it is about 81, 300, an
increase of about 800 per cent
While the per capita wealth has
greatly increased, the distrfbu-
ton of it has been most unequal.
Sixty years ago we had few mil
lionaires and few paupers; today
we have too many of both, and
both are still on the increase.
CAMPAIGN BOOK SOON OUT.
The Democratic National Cam
paign Book for 1912 will be rea-
dy for distribution about August
20 Advance proofs already out
show it to be probably the best
publication of its kind ever is
sued. 1t will be a complete
handbook on the tariff and every
issue that will figure prominently
in the approaching campaign.
Every democratic worker i'm the
United States ought to have this
book. The price is to remain at
% cents, the amount asked for
the campaign books Of previous
years. Orders should be sent to
James T. Lloyd, chairman, Ma
tional Democratic Congressional
Committee, Washington. ID. G.
This being a presidential cam
paign year, it is anticipated there
will be an unusually heavy de-
mand for the books. and it will
therefore be well for those de-
string copies to write 10 Mr..
Lloyd Immediately.