The Irish standard. [volume] (Minneapolis, Minn. ;) 1886-1920, 1914-10-17

capitalistic dynastic butchers who
are turning Europe into 4 peoples
killing bed.''
The proof that socialists are not
those fraternal. peace-loving human
itarians is more than evident. The
present war as other wars. seem to be
q desideration of leaders, a means
towards an end. While the million
of followers of socialism, either have
been hoodwinked by the radical
leaders, or else are not in sympathy
with socialism as such.
Labor Problem Taken Up By Rock.
Teller Fund.
A worldwide Investigation Of the
relations of labor and capital is to
be taken up by the Rockefeller
Foundation" That is the institution
to which Mr.. John D. Rockefeller gave
$1OO.000.000 few years ago, for use
In just such inquiries. ......
One OF the declared purposes Of
this undertaking is to search out
the causes Of the bitter enmities' to
which labor troubles give rise, and II
possible find remedy.
The scope of the inquiry, it is an
nounced will have no limit. The in
vestigators are expected to consider
all proposed remedies for the evils
of which both labor and capital COM
plain; such remedies as socialism.
single tax. laissez faire. religion. pro-
fit sharing, free trade, protection, and
all the others. It will be a work Of
years.
To direct this work Of impartial
inquiry. the trustees of the Rock
Teller Foundation have chosen Will
liam Lyon Mackenzie King. He was
formerly the Minister Of Labor in
the government of Canada.
The American Railway System.
The Bureau Of Railway Economics
established by the railways Of the
United States for the scientific study
of transportation problems, has COM
pleted a perfect report. Bulletin 66.
Of the statistics of railways for the
years 1900 to 1919 inclusive. Among
the hundreds Of interesting and in
structive tables. there are many Civ
ing much needed information to the
public.
At the close Of the year 1912 there
were 371.238 miles of track operated,
with population Of 1924 per mile
Of line. In view Of the agitation for
public ownership. the following facts
are also Of much note. The total
capital securities amounted to $1s,-,
752.536.264. the capital stock. ST.
470.717.611; and the funded debt.
$11.1s0.135.44s. The capital secur-
tiles outstanding in the hands Of the
public amounted to the enormous
sum of $15.0s7.eo0.s50. averaging
$63.535 per mile of line.
The stock paying dividends are
64.73 per cent of the entire stock,
or $5,5s1.2S9.24s, rating III per
cent. The average rate of all stock
is consequently much less. namely,
4.64 percent. In contrast to the div
idends is the sum Of $1,972.415.776.
consumed in total operating expens-
es. while the revenues amount to $2,-
S42.695.3S2. The next operating
revenue. is $870.279,606.
The railway as an industry is. in
deed. on of the largest in the United
States. exceeded only by that Of az
riculture.
At the close of 1912. the total
number of all employees was 1.71e.-
$50, averaging 687 per 100 miles Of
line. This aggregation of men, con-
sisting almost of one-fifth Of the en-
tire population Of the United States,
received $1.262.347.es7. for the year
1912. The average daily compensa-
ton of all employees being $2.42.
The equipment Of this vast indus
try is a very interesting feature.
Sfxty-two thousand. two hundred
sixty-two locomotives. with traction
power Of 1.746.964,12s pounds were
required to move the 2,3S2,674 cars,
with a total capacity of S2,965,41S
tons. The passenger service re-
quired 51.490 cars, and the freight
2,215.549. The passenger train
density. that is the number Of pas
senger train-miles per mile Of line, IL
1850. The total revenue Of these
passenger train miles amounted to
$5S5.S53.528. The total number Of
passengers carried one mile was 3d.
132.354.7S3. averaging 1918 miles
per passenger. The average number
Of trains per inhabitant was 1851.
The tonnage Of freight carried
amounted to ess.2s2.525. producing
a revenue Of $612.345,112. The ave-
rage haul per ton was 1855 miles.
Contrary to the prevailing impression
the products of agriculture was not
the leading freight, as that Of the