Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-10-27
NO GOAL STRIKE, BELIEF
OF WALL STREET EXPERTS
Opinfoa Prevails Threatened Walk
ont Is "Framc-Up" Between
Operators and Labor.
PUT BURDEN ON WORKERS
Asserted Capitalists DO Not Want
Mines Idle for Fear Fuel Oil Will
Replace Bituminous Coal in the
Factories.
PUT BURDEN on WORKERS.
nv BuoApAN WALL.

NEW YORK Oct ce.-That there
PERSONS 1s Ts S hSs; fo nfaTmsd n s fy and
Impression that the ihrea; or strike
between certain coal operators and
radicai-labor leaders in order that the
price OF coal may be Hdyanced, TINS TINS
that most OF the resPect2hie labor
people do not want, strike. They
5ure the man on Fifth Avenue nor any
member OF the so-Called "caNitalistic
class, but would immediately and
every department OF industry
There are millions Of ,oilsrs who lack
storage place 70 lay up . winters sup
ply OF coal. Thy would begin suffer
ing im ..@ al ;ey rs sqr5 TS SS
industry after another was shut down
for lack OF tuel: Their, would he a
fatal to- Inc "mbi lions Of the leaders
Labor roiut OF View.
This is the labor point OF view. The
capitalists OF the coal industry do not
want strike, because they know fuel
factories, and where once installed il
can meyer be dislodgcd This; idea that
TO cover M an advance in prices. is
not eompimentary 70 either. capital
Or labor but uG1oTinaafs,y is the
the way. there is pretty clear sailing
is a Strife. !; w "Ii ID be shor;-iived.
Taxation Vital Question.
IN whoR frd 50 s,o6 SRe
point OF view may be accepted as n
VANISHING factor. is the question OF
been prevented or not If statesmen
had been honest IS beside the Guestion
1ss mp sf be sSsi aSfd the and is is Also
aact that future generations have been
+ saved from condition compared with
which the money involved is not worth
large part Of the cost he passed on in
the share OF bonds II the a,ttemp!
most Of the fruits Of the war will be
TO the future i is an rjgh, to make
Germany, pay through the nose. hut
bound down with heavy taxes.
Cause of TfigA Prices.
These taxes are the direct cause o:
the h Eh prices that seem 10 justify
the charges Of prohtGoring; For il
facturer must give anything from i
quarter to two-thirds OF his profits tc
&c hops Of sS ss"f For Of
what ne thinks is a fair profit. he load:
his selling price with enough TO civ,
the profit to the government. Tn,
thing Is interminable. Everybody i.
OolnE IL from the hunbIcSt lahOrint
man to the highest capitalist. All are
guilty and all are innocent, 1t is
waste OF energy 70 be denouncinl
profiteers. by revising the tax rate;
and bonding 4 larger portion of tn.
war debt. prices can be reduced mate
rally and Immediately. This is 10 y.
done.
Money Next Confederation.
Money is the next consideration il
Wall Street, The peak of the crop
moving period is over. There are
many natural reasons why money
should be more plentiful.
After many months Of hopelcssness
the railroad stocks seem at last emery
ing into speculative daylight. They
cannot be considered as Investment
issues. but with the promise Of passage
by Congress OF the Cummins bill. rail
road stocks may properly he con
sidered from speculative point OF
view. They are not as safe even as
speculations as the industrials hut n
good many people are pininG for ac-
1fvity In the railroad rs, and Will
probably get 1: soon.
In the manufacturing industries the
important develo rTacnts OF the past
week have been "A radical advance in
khe prices OF cigarettes. an increase in
the demand FOR candy. and the further
getting together o: the textiles manu-
facturers.