The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1920-06-04

In the United States Senate a few
days ago, Senator Capper of Kansas
turned loose a few Phillipics on the
big earnings of big concerns during
the past year which in a very large
measure answers the question of
high prices and the devil to play gen.
orally in the commerce of the country
Among the big earnings here are just
a few that the Senator gave attention
to:
Continental Oil, 200 per cent;
United Fuel Gas 200 per cent; Ohio
Fuel Supply 100 per cent; Nonquit
Spinning Company 100 per cent;
Amoskeag Cotton Manufacturing Co.
100 per cent: Stutz Motors 100 per
cent: Nashua Manufacturing Com
pany 100 per cent; American Tobac-
co Securities Company rs per cent;
Manomet Mills &c 80 per cent; Hood
Rubber &c % per cent; Crucible
Steel 80 per cent; Cleveland-Akron
Bag SO per cent; Union Bag q Paper
SO per cent; Auto-car Company Az
per cent: John r. Thompson Com
pany 33 1-3 per cent; st. Maurice
Paper Company 80 per cent: +. W.
Woolworth 80 per cent; Electric
Welding of Boston 25 per cent; Del
aware & Cleveland 25 per cent; Eiec-
trio Welding Company % per cent;
Hawaiian Pineapple Company Is per
cent: Chemical (GeneraD 20 per
cent: American M%ultigraph 20 per
cent: Truscan Steel 90 per cent.
"The Standard Oil Company Of In
diana" the senator continued, has
recently increased its capital from one
million to 80 million dollars, giving
its stockholders a stock dividend OF
1900 per cent.
Candy Earnings.
"The National Candy Company's
earnings last year showed an increase
of 545 per cent over 1919; burns
Brothers, the largest retail coal deal
ers in the United States, made a net
profit of 40 cents a ton, against Zo@
cents in 1916; the earnings OF the
United Drug Company, doing a busi-
ness of $50, OO0,000 annually were
242 per cent greater than 1851
American Ice Company, which cuts
ice by the millions, but not protts,
has in the last four years increased
its earnings 2S3 per cent; the Inter
national Cotton Company, doing near
ly $4,000. 900 worth of business last
wear. made 80 per cent more money,
although it sold 20 per cent fewer
goods, the Pacific Mills output of
cotton and worsted dress goods pro-
duced "a per cen more profits than
in the year before the war; and the
excess profit surplus, of United States
SteelEthe surplus remaining after
dividends-has aggregated nearly
$500, 900. 900 in the last fve'years. ali
though $4,000, 600 was spent on
improvements
"These patriotic melon r~aisers, VINO
have made their millions and billions
during and since the war" said Sem
ator Capper, now are urging that
the bonus be raised by a one cent tax
on sales to be paid on every dollar
spent by every man, m and
child in the country, including the
ex-service men themselves. MIR. Pres
ident, / shall favor placing this tax
right where it belongs-on war pro-
fts-and taking from these huge
stock dividends, from excess war
profits, and from the prohteers all
that is needful to compensate the men
who sacrificed themselves instead OF
their country or their countrymen, IN
time of war.
During the coal strike, while zero
cold and privation threatened the
people the price of crude oil shot up
nearly 800 per cent and still is MS