The Washington times., 1913-04-07

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Investors may well squarey the situation today
as attempt to postpone further its settlement
Labor must have its inerea,e I increase cannot come
from other than dividends interset paid
upon the nations securities.
be reimbursed
with the right settlement
of the labor problem.
e. The purchasing ability of the vast majority of the
American people-labor-win be increased by billion
dollars, received IN increased wages
This will bring unprecedented business prosperity which
in turn will increase the earnings the industries upon which
legitimate securities based increase the price and
dividends Of these securities.
Investors may well ponder the following
certain great railroad a short time ago charged the public
rates which enabled dividends per cent or SIS per
share its millions of stock Its stockholders
were satisfied Its stock sold sloO per share Then by
money lrusStock Exchanges trick controllers manipulated
the stocks price to $500 share and using abnormay high
price raised earnings sufficiently to en-
able to pay upon its market price, $40 per share
hs while making for the executed the
trick fortune of 200 million dollars added to the cost Of
the peoples living for the S. per them
In the form of markup in the price of necessities.
thus capitals doubled labors deposited
savings in savings banks the foundation the Money Trust
Stock Exchange" trick, have remained per
would be libel on the intelligence of mish6lv organ
1ed labor to suppose that viii peaceab listen to this rail-
roads plea that vidends back to DER cent on
It's real capital to enable give labor necessary IN
crease in wage.
certain great industry few years ago paid dividends
upon its hundreds of millions common stock all of which wa,
wafer AS its stockholders had right dividends they
satisfied in receiving To-day this industry to the
price OF its product foundation necessity the people S25
100000 each for the payment per on its hundreds
OF millions of water capital At selling price today this stock
gives an annual return of per purchasers
paying at the time, for the abors deposedsav-
ngsbans capital indirectly borrowed savings banks for
use in its business, but per cent.
1t would be than libel the intelligence of the
American people to suppose that they win peacefully Stand
BY and allow this, while labor refused necessary increase
IN starves riots and dynsmtes the from ii
present generalization to something
inevitable that this industry stop dividends
and must leave with the people, either IN the
creased wage labor form of reduction in the mice
OF ITS product the rs million dollars takes from them
Neither this railroad industry exception to the
general of their class There similarly inflated
in capital and in dividend returns.
Investors should ponder this,
The Congressional Money TrustSock Exchange nvespat
ing Committee demanded that the Controller Currency furnish
Congress- and through Congress the American people, list
of all stocks held by banks and companies collateral for
loans the officers and directors of such institutions The de-
mand refused it had been granted would have
been exposed the people unbelievable condition. billions of
deposits supposed be intact cash good notes.
Withdrawn by officers directors replaced by bill
lions of inflated stocks and bonds unmaetabe cents on
the dollar of what had been loaned upon them.
The investigating Committee introduced bill Congress
compel the giving of the askedfor information and although
it passed the House, killed in the Senate.
Investors should weigh the probability of the present re-
administration insisting upon law which will expose
gigantic corporation and crookednes existing
weigh of having exposure op-
pouniy make the exchange from bad good securities
My investigation into present conditions leads to the
opinion that will have three months dating
today in which make the exchange from bad stocks