The Birmingham age-herald., 1920-04-25
JAIL PROFIT HOGS
 AND PRICES WILL
 DROP, SAYS CAPPER
Says Ample Laws Exist to Jail PrOfiteers and Blames Palmer for Not En-
 forcing Them
By AssscIatsa Prs..

Washington. April 24-Profiteers were denounced in the Senate today by sena- tor Capper, republican, Kansas, who pre- sented statistics which he said showed that the earnings of many American cor porations represented profiteering "open, scandalous and shameless"
 Sentaor Capper attacked the depart ment of justices cheaper meat campaign, and said increased prices for sugar were the most brazen challenge we have had In this saturnalia of greed"
 Senator Lenroot. republican, Wiscon , sin, agreeing with the Kansas senator's decision that profiteering had become national menace. said Attorney general Palmer was setting few mouse traps around the country when he ought to be setting bear traps to catch the big or millionaire profiteers. The adminis- tration was held responsible by Senator Lenroot for the increasing sugar prsces, THOMAS DISAGREES Disagreement with the contentious of Seniors Capper and Lenroot was ex- pressed by Senator Thomas. democrat. Colorado, who said the jenators were complaining about conditions instead of causes, like a child who stumbles over q tUdf anu lllci tuiHS dIuuHu anu 1 kicks it."
 Sentor Capper said ample laws existed l to check profteering, and that If those l charged with enforcement of these laws 1 will see that profit hogs are sent to jail, prices will soon tumble" He added | that if law enforcement officers of the government could not enforce the statutes. Nthey should resign and let men who could take their places
 | RORRER'S RD0ST The United States Senate has become q robbers roost," Senator Capper vaid, declaring the proof of profiteering was in 1 the margin of profit and mat in one year alone during the war the gross income Of American corporations rose from lthirty-five and one-third billions to teghty-four and one-half billions. He read to the Senate long list of cor pcrations whose profits were placed at anywhere from 20 to 200 per cent. Wall streets melon patches, fertilized by the persipratiQp of labor, and wat<ssd l by the tears of poverty this will raise a record-breaking crop, free from the lblight of income taxN, while the peosve are being urged to buy their coal early and be robbed for less, to abstain Iron I steak one day a week, and to purchase i War Savings Stamps that the United States may live in nine-bllion style on a six-billion income
 THE SUGAR GAMBLERS
 "At this moment the most brazen chal- lenge we have had in this saturnalia of I,greed comes from the gamblers in sugar A corner has evidently been formed right under the eyes of the department of justice The canning season raid Is on. For years the sugar interests have an- nually and openly and shameleswy robbed American housewives during the canning season"
 After reviewing the activities of flour, sugar and cotton mills, the recent Su- preme court decision holding stock divi- dends untaxable, and the department of justice's campaign urging use of the
 scheaper cuts" of meat-which he con Idemned- Senator Capper presented a list
 of corporations whose earnings, he said,
 were proof of profiteering "open, fla grant, scandalous."
 CITED AS PROOF
 This list, with the percentage of earn lings as given by Senator Capper, in- cluded:
 Continental Oil 260 per cent; United Fuel 1 Gas 200 per cent Ohio Fuel Supply lO( per cent: Nonquit Spinning Company lV per cent: Amoskeag Cotton Manufactur. ing Company 100 per cent; Stutz Motors l09 per cent Nassau Manufacturing Com
 pany 100 per cent: American Tobacco Se- curities Company 75 per cent Manomet
 Mills e6 2-3 per cent Crucible Steel 5'
 De cent; Auto-Car Company 40 per cent
 John E Thompson Company 33 l-3 pei
 cent; St Maurice Paper Company 20 pel
 cent3 F. w. Woolworth 30 per cent: Elec
 tric Welding of Boston 25 per cent, Dela
 ware and Cleveland 25 per cent; Hawaiian
 Pineapple Company 25 per cent; Electri l Welding Company 25 per cent; Genera
 Chemical 20 per cent: Ameiean Multi
 graph 20 per cent; Tuscan Steel 20 pc
 cent.
 STANDARD OIL DIVIDEND
 '@rhe Standard Oil Company of Indi ana the senator continued has re
 gently increased it's capital from one t thirty million dollars, giving it's stock : holders a stock dividend of 2.900 per cent The National Candy Company's earn irgs last year showed an increase of 5i
 per cent over 1915. Burns Brothers thu { largest retail coal dealers in the unite'
 States, made d .uet profit of 40 cents ; ton against 2S12 cents Tn 1916; the earn ings of the United Drug Company doini a business of $50 coo annually wer' PAP per cent greater than 1916; the Ameri
 can Ice Company, which cuts ice by tn millions but net profits has in the las four years increased it's earnings 2s3 pc
 cent; the International Cotton Company doing nearly sS0o0.000 worth of business last year. made 39 per cent more money l although 1t sold 20 per cent fewer goods the Pacific Mills output of cotton am . worsted dress goods produced S4 per cen more profit than in the year before tn war and the excess profit surplus O limited States Steel-the surplus remainin after dividends aggregated near
 S0o. .000. 600 in the last five years. althoug
 ssis 600 600 was speny on improvements. :" . WHO SHOULD PAY These patriotic melon-r -raisers, wh have made their millions and billion , during and since the war" said Senate , Capper. '"are now uging that the soldiers
 tContinued on Page six)
 1917 E0unI