The Northwest worker. [volume] (Everett, Wash.) 1915-1917, 1917-08-24
TOWERS OF GOLD PILED UP
BY AMERICAN PROFITEERS

WASHINGTON what IS Jne
amount of the loot taken from the
war-wasted and the helpless neutral
peoples of the world by the American
profitteers?
And how much of this lott does the
administration, speaking through the
! Democratic Republican majority of
the senate committee on finance, pro-
| pose to take from the profiteers-the
men whom the president on July II
so eloquently begged to "never speak
Of profits and patriotism in the same
| sentence?
In remarkable document, the mi
nority report of the senate commit
tee, signed by Senators La Toilette,
Thomas and Gore, there is given evil
dence not merely of the amount of
these blood-stained gains, but of the
omnous fact that from meat, from
grain, from leather, from woolens
and from all of the variety of neces-
saries of life which the wage work
ers of this country must buy, the
vast private tax is being levied by
American capitalism to pile up this
mountain of wealth between it and
possible social revolution.
Rosenwald At Head
,Iusilus Rosenwald, present of
! Sears, Roebuck & Co., is the chair
man of the -bestowing sup
| National Defense. His company as
shown in this report, had net profits
last year of $16,488, 622, as compared
with average profits of $S,111.749
for the three years before the war.
The senate bill proposes to tax these
war profits $2,878,861, leaving $751;
100000 of tax-free profits for last
year, or a much greater sum for this
year. In other words, not only is
the patriot Rosenwald's company to
| be permitted to hold all of its vast
profits as measured by the years
1911, 1912 or 1918, but it is to be
permitted to lay hands upon an ad-
ditional $5,4000,000 as computed on
last years business.
And Rosenwald, among the other
patriot-profiteers, is mere child
in arms.
And There Is Meeker
There is the patriot Armour, the
beef king, and his partner, Meeker,
who has staggered in Washington
hotels while offering his Services"
to the government in capacity which
would enable him to safeguard the
Armour share of the lott of hu-
mainly. Their company made $780,
100000 of net profits last year, as
against $4,746,632 for the average
year before the war. Paying S6,848,-
1852 in taxes, they will stretch their
stout arm around $13,250,000 of
profits for the year 1916, or nearly
three times the profits for the year
before the war.
In the Red Cross headquarters
here in Washington sits that pious
patriot, John d. Ryan Of the Ana
conda Copper Company, whose per-
sonal policy of labor crushing Con-
gresswoman Jeanette Rankin blames
for the strike in the copper mines at
Butte, which began when 100 men
were burned to death in single
mine Ryan and Anaconda can af-
ford to run the Red Cross and bid
defiance to every instinct Of indus
trial decency for long time to come
They can buy newspapers, endow col
leges and establish churches. They
can organize "patriotic" societies, and
hire lawyers to make eulogistc
SpCSGIlt1 dDOuC CuSlIl 1IOil Cue lecture
platforl and in public bodies every
where. For Anaconda made $685.
892,980 net profits last year; it's
normal profits were only Sill, 741 1856
It's proposed tax, under this senate
bill, will be $22,078,378, leaving a
taX-free profit of $36,8000,000 for
1916.
And Also Du Points
Go eastward and read the figures
for the du POnt concern, which is
the feudal proprietor Of the state of
Delaware and controls much of the
political and social machinery of the
states of Pennsylvania; New Jersey
and Maryland as well. It's profits
Hast year were $82,1O7693, as COM
pared whit average net profits for
the pre-war period of only $685.
964. After paying all the war taxes
proposed by the senate majority in