The citizen., 1914-01-30
FRIDAY, JANUARY 80, 1914.
THE ENDING. OF THE TRUSTS.

The final end of the trusts in this ma
ton is at last in sight. Though the
trust evil has not been finally abolished,
the end of it is now plainly in sight and
the coming of the end casts its shadows
before. The withdrawal few days
ago of the firm members of the j p
Morgan syndicate from forty or fifty, or
about one half Of its trust direttorltes
in as many different trust combinations,
points with unerring certainty to the
ending of the trust incubus on the free
peo pie Of this republic.
Suffice it is to say. that it was the
greatest system Of robbery and corrup
tion that ever in the history of the
human race, affected any people, and
it is to be wished and hoped that never
again on the face of the earth, will
such an evil, or anything near it, be in
ficted upon humanity.
The Morgan combination, it must be
admitted by any honest man who will
consider the subject, was the head and
front and the rock bottom of the whole
gigantic robbery of the people. This
has been very recently established be-
yond all doubt by the way it led the
plumber bund, that well nigh destroyed
the New Haven and Hartford Railroad
Company of New England. This was a
great and prosperous railroad until the
giants of finance, Morgan & Co., and
Rockefeller & Co., got financial c. ntrol
of it, and then it went to pieces fnan-
cially, and now it is only financial
wreck that can not pay dividend to
the widows and orphans that holds its
stock. What crime has been com
mitted here by big business.
But we believe that not soon again
will such things be in this enlightened
and civilized nation.
A Democratic President and a Dem
ocratic Congress has struck down an in
famous and robber tariff system, which
has robbed the consumers in the interests
Of big business, and have given the
country an honest and just Tariff Law.
1t has adopted an honest and wise
banking and currency system which
will establish currency for the people,
instead Of currency for the banks, and
it has established banking system in
which the banks will be the peoples
banks, and not the banks of few big
fpanciers and combinations, to enable
them to control all Of the credit and the
money of the people.
Under the old National Banks the
big business interests took the money of
the people and deposited it in their bank
vaults, and used it to control all Of the
other big business interests and thus
made vast sums of money oy it. They
loaned the peoples money to the big
railroads at high rates of interest. They
subsidized steamship lines, great manu-
facturers and all sorts of big business,
and then by the peoples money con
trolled them against the interests of the
people. When the Steel Trust was or
ganized, Morgan & Co., with their
money were the reorganzers at fabu.
lous commission, which was said to be
seventy millions Of dollars, and now it is
said that all of the railroads were grant |
ing aud nave granted TO the Steel Trust |
seventy five millions in rebates to that |
great trust. Mtrsan & Co., as the |
holders Of the money, made millions on
their money, and then shared in the re-
bates given to the Steel Trust, because |
they controlled all of it by the use of |
the peoples money in the national