Decatur Democrat, Volume 46, Number 34, Decatur, Adams County, 30 October 1902 — Page 10

h TRUST HOLD-UP How Morgan Gave Beef Pack-' ers a Dose of Their Own Medicine. When the beef packers of the country came to form their combine for higher prices for the consumer and lower prices for the raiser of cattle, j they ran against a snag in the person of J. Pierpont Morgan, who had just i completed the crganizaticn of the ship- I ping combine represented in the Inter ’ national Mercantile Marine company The snag was not intended to be a bar | to the packers' trust, but rather to show what power such a trust as the I shipping combine could wield. This is the language of Mr. Morgan to the beef packers' committee: "Unless 1 am given the underwriting ■ of the bonds to complete the consobda tion of the packing bouses. I will stop your dressed beef and provision trade ■ in Europe by raising steamship and ' railroad rates 19 cents a hundred and lowering the rates on live stock 10 cents a hundred. I ms de this state went to you. gentlemen, the day after ; 1 returned from Europe several weeks ago. and I t epeat it tcday. It is my ultimatum.” The old adage that “when thieves fall out, honest men get their dues,’ does not apply to trusts when operat ing among themselves, and the little flurry among the packers whan this ultimatum was pronounced was soon followed ty complete concession to the demands of the Wall street promoter The packers knew that they could not stand up against Morgan when be was in a position to carry his threat intc execution, and they met the proposition in that spirit of meekness which tlje people have so long manifested while submitting to their own extor tion. Morgan said to them in effect: “If I can't do your business and get $10,000,000 for it. I'll do you all the harm I can." The beef trust had said to the people: “If you don’t buy at our increased price, you can't have meat at all,” and Morgan was simply applying to the packers the nauseating dose that the packers had so long been forcing on the people. The packing house combination is now a fact, and its capitalization of $100,000,000 will be depleted by $lO.000,000 which is Morgan s fee for underwriting its bonds. The financial hold-up would be amusing and a fair Illustration of dog eat dog. but it has a most serious side for the people when it is considered how this power can be used against them. There is Cot a man in the state whose earning capacity of brain and brawn has not been decreased by the trusts, and it is only the man with established capital in dollars and cents who is not a sufferer from present conditions. Every man who works for wages, whether his wages be by the day. week, month or year, knows this to be true, but so long as the Republican party is in power there is no prospect of remedying the conditions. The Marion county Democrats have recently demonstrated that the Republican auditor of that county has received more than $32,000 in illegal allowances during his seven years of office, and other offices show the same conditions, but not to as great an extent. But when the Democratic expert went into the treasurer's office to get data regarding that officUl. he was requested to leave. He sought to mandate the treasurer and that official set up the plea that the investigation of the books could not be made now because the expert “would be in the way.” Yet the law specifically de Clares that the books of every county , officer shall be open to the public and subject to inspection at any and all times. The treasurer'i plea was a ruse to gain time and stave off the investigation till after the election.

Ulf DANGER Os f AST DRIVING i- ‘ politic al r/ /\ t k f J BPEAKSR HSNDRRBON—“Why don’t you fellows get out, as I did?" —The Indianapolle Sun. ,' I

A TRUST FOR THE FARMERS. T’c-vrifarn.---' - f the N rtr.w.-«t and West will be particularly interested I in a new trust that has just been | formed and which is designed to put ' ail the plow manufacturers of the country into a combination that will ; maintain uniformity of prices and present further competition. Os course, I the new trust will be ready, for business before the spring season opens ' and the farmer will find that he must pay a higher price for plows when he I comes to buy. That the trust proposes to include all the large plow manufacturers of the country is evii denced by the following list: B. F. Avery & Co.. Louisville. Bucher &. Gibbs Plow company, Can- ! ton, Ohio. Bettendorf Metal Wheel company Davenport. , Deere & Co., Moline. II). Deere & Mansur company, Moline. David Bradley Manufacturing company, Bradley. 111. Fuller & Johnson Manufacturing company, Madison, Wis. Grand Detour Plow company. DiXon 111. Kingman Plow company. Peoria. Minneapolis Plow Works. Minneapolis. Morrison Manufacturing company ! Fort Madison, la. Pekin Plow company, Pekin. 111. Peru Plow and Wheel company Peru, 111. Rock Island Plow company. Rock Island. lIL Sattley Manufacturing company Springfield, 111. Syracuse Chilled Plow company Syracuse. South Bend Chilled Plow company South Bend, Ind. J. Thompson & Sons Manufacturing company. Beloit, Wis. Union Malleable Iron company, Mo line. 111. Copying the plans of last year's or-i ganization. the new combine probably will be capitalized at s7s.o<"'.<><).t, of which one-half will ue in 7 per cent cumulative, the other half in common stock, of a par value of SIOO a share. The manufacturers of harvesting machines and the manufacturers of j threshers have already formed com bines and all the iron and steel that enter into other implements that the farmers use are in the grasp of the great steel trust, over which J. Pier-! pont Morgan presides. The outlook! for the farmer under such circum ' stances may be a little discouraging.' but as long as he votes for the robber tariff he must expect to be robbed. The most effective way to curb the trusts is to put the Democrats in control of congress. — When the supply of anthracite coal became so low that it was evident that factories would have to close and that domestic consumers would have' to burn soft coal or suffer. President Roosevelt saw in the situation a suffi cient reason for calling the operators end miners into conference. But the strike had been in progress for four months, thousands of miners in the bituminous fields were giving of their scanty earnings to assist their oppressed anthracite brethren, and yet the president took no action Has it come to that in this country that the matter of having to use soft coal is of more importance to the president than all the ills that the anthracite men are forced to bear? This would seem a reasonable deuction from the president s inactivity till the cry came up because of a shortage in the anthracite supply. The sufferings of the miners are as nothing to the average Republican when comparea to a little inconvenience in New York and other Eastern cities “I never advocated putting trust goods on the free list, nor do I know any Republican who has. We have always antagotized this proposition, which is of Democratic origin.’'— Chairman Babcock.

nt DAh(itß Os fASI DRIVING

THE CHAMPION LIE. Bald Statement* of Repub' can* Regarding State Debt. The Republicans are circulating a card, c-n one side of which appears this statement: —The Indiana State Debt — In 1861 it was $1,179 267.00 In 157-' it was 4 167.507 - 2 Ln 188 - it was 4.888.178.62 In 1882 it was 4.876 608.02 In 1895 it was 7.520.615.12 Aug. 1. 1902 2.887,615.12 The figures for the years 1861. 1880 and 1895 are printed in bold face type and It is stated that they “show result of period of Democratic control." while the other three show the results of Republican control. The debt before the war was the old internal improvement debt for which the Democrats were not responsible, but it is not worth while discussing ancient history now. Coming down to the present generation and the present question. the statements are absurd and every schoolboy in Indiana ought to know it There was no Democratic period ending in 18: - and no Republican period ending in 1882. James D. Williams became governor in January, - 1877. and died in office in 18S -. The I remainder of his term to January. 1881, ! was filled by Isaac P. Gray The sueI cession thereafter was as follows; Albert G. Porter. 1881-1885. Isaac P. Gray, 1885-1889. j Alvin P. Hovey. 1-89-1891. Ira J. Chase. 1891-1893. j Claude Matthews. 1«,'?3-1897. James A. Mount, 1897-19 1. Winfield Durbin. 19-'l-19<-2. The amounts of debt of the state at i the close of the terms of the several administrations were as follows: j 1881 iDem.l $4,998,178.31 1885 <Rep.) 4,876,608.34 ; 1889 (Dem.) 6.779.608.34 ' 1893 (Rep.) B>3 .615.12 I 1897 (Dem.) 6,720,615.12 * 1901 (Rep.) 4.504,615.12 The Democratic increase of debt from 1885 to 1889 was for new state institutions, and the state Las the property to show for every cent of it The Democratic party passed every ' law that has been for the extinguishment of the debt —the refunding of the school loan in 1889. the tax law in 1891. and the sinking fund law in 1893. The payment of the debt since then has been a mere matter of obediI ence to those laws. No thinking man will be deceived by the Republican claim that the tariff if revised, should be revised by its friends, for there is not a Republican in the United States senate or house of representatives that ia not under obligations to the tariff barons in connection with his election. The Republican party has depended for years upon money to carry the elections, and this money has been contributed in all campaigns by the tariff beneficiaries. It is through the “friends” of the tariff that all the ills of the present have been brought upon the people, and there is no probability, no matter how urgent the demand, that a Republican congress would give any relief whatever from the burdens that are being placed upon the people byorganized capital. The party to revise the tariff and curb the trusts should be the friends of the people and not the friends of the tariff. Strikes, strikes all over the country, the strikers generany demanding more pay. There are a good many others of us besides those known as laboring men who will have to strike for higher wages if trusts and combines continue to put up the prices of the necessities of life or even keep them up to the present high level. The man with a limited income, a clerk or bookkeeper, whose wages do not rise with the increased cost of living is having a hard time to mate both ends meet, the butcher and the coal dealer are demanding more money each week, and pay day brings no increase to meet it

tncjau! American Consumers Being Ruthlessly Taxed to Support Protective System. How the People of This Country Are Paying the Penalty of Fealty to an Unpatriotic Cause. Some Comparisons Showing Tnat the Tariff Is the Prolific Mother of Trusts. The following extracts from an editorial in the Iron Age of Sept. 4. 1902. indicates that the tariff is, in Germany as here, the mother of trusts and very unpatriotic ones: “The Germans are in the throes of a tariff revision, the imperial government having drawn up proposals after collecting a mass of evidence. These have been submitted to a tariff com mission appointed by the reichstag which is overhauling and voting on every item. * * * "The German press summarizes the discussion at the meetings of the tariff ; commission, which has a strangely familiar sound. The Socialists, who are free traders, are savage in their denunciations of the industrial syndicates which are fattening on the con sumer under the shelter of the tariff. They point to the fact that German manufacturers of iron and steel are selling abroad at lower prices than they charge at home, and argue that i ability to export goods is proof that protection is no longer needed. "We observe that every one of the defenders of the syndicates distinctly disclaims approval of many of the acts of these organizations. * * “The selling at lower prices for export is justified by the fact that it secures work * the men and brings I into th' .erland money which is distri' 1 to all interests. The manufa .era are not doing this business for fun. but because the producers in other lands are doing the same thing. If they would only stop the Germans too would be glad to give up the practice. If this rivalry Keeps up the consumers in that country which does not possess manufacturing industries will be blessed —until international syndicates are formed. » » » “Os course the danger of American invasion is a frequent feature in the debate and is effective in keeping the wavering in line. It is pleasant to have a really live ghost in the closet.” In this connection it ought to interest the American consumer to know thaj he is paying the same penalties which are complained of in Germany for his long fealty to the protected system of the Republican party, for many of the products of these protected inI dustries are being sold abroad at onehalf the price which the American consumer 7s forced to pay for them, although they are manufactured at his very door. It is one of the worst feat- , ures of protection that it enables the ; manufacturer to charge in the home market a sum so exorbitant that he can afford to cut the price half in two in selling in foreign markets and yet make a reasonable profit. The following list presents a few instances I in illustration of this point, showing the price which Americans must pay . for certain manufactured articles, and the price at which they are sold in forjeign countries: American Price to price, foreigners. Wire nails (keg) $2 25 $1 30 Wire rope (coil) 12 00 5 00 Lead (100 lbs.) 4 00 2 00 Shovels (doz.) 7 50 5 gq Axle grease (pound).. 8 4 Washboards (d0z.)..„ 300 1 70 Meat choppers 2 70 1 50 Barbed wire (100 lbs.) 300 2 20 Clock* (alarm) go 39 I-awn mowers 4 25 2 75 Fruitjars (Mas'n, doz.) 80 55 Typewriters 100 00 55 60 Sewing machines .... 40 00 17 00 Bradbury piano 375 00 300 00 i Bradbury piano 325 00 275 00 Tin plate (luO 1b5.)... 419 319 TO VOTE A STRAIGHT DEMOCRATIC TICKET. 67 ''V A A ■i To vote a straight Democratic ticket make an X within the circle which surrounds the Rooster, as the one above is marked. Make no other mark on year ticket. Any other mark than the X will spoil your ballot and will lose your vote. Use nothing to mark the X but the blue pencil that will be given you by the poll clerk. ! Should you by .eeldent make any other mark on your ballot, return it to the p o || clerk , nd get a boQth fold yOUr »o that the face cannot be seen, and th. bVck^ 8 ‘T“ ° f ‘ he PO " elerk O" I the back can be seen.

TELEGRAPHY Learn Telegraphy on our Lines Day or Even ln The Morse Telegraph Alphabet. ABCDEFgh IJKL M X 0 PQ_RS T U v w x v z & ' ( [)C you «« tißfl ed with your present posit: , n '- AKt you mak,D « f 7*"' ’ > H<» per month" your ce EC AUP Would learning telegraphy not better your . . L. MIAKr, 11(rt „ pleasant work and pays wrtl indX Illi Pres, and GenT Mgr. are very successful. te<l ' Lady Ope[ll j» If you want a good thing, take up telegraphy now, day or ever.ln -u. ~ U fu C r a t n he d r°p^u l ar l s te,nember ' ' th *‘ SHARP’S SCHOOL OF TELEGRAPHY. 2nd Floor Stemen Bldg. Huntington, U irfjlO! It is not claimed that Foley’s lid Honey and Tar will cure Con= sumption or Asthma in advanced stages; it holds out no such false hopes, but does truthfully claim to always give comfort and relief in the very worst cases and in the early stages to effect a cure. BANNER SALVE is a healing wonder. For sale by The Holthouse Drug Co., Decatur.

REPUBLICANS AND DEMOCRACY Look Upon This Picture and Then Cast Your Eye Upon This. As another campaign is on, it is well to contrast the records of the two great parties now contesting for supremacy in Indiana. During its tenure of power at various times in the last decade the Democratic party has done these things: It passed the mechanics' lien law. It passed the law giving laborers a lien upon the product of their labor for wages and material furnished. It passed the law protecting labor organizations. It passed the law providing for the safety of miners and the proper ventilation of mines. It passed the law constituting eight hours a day's labor in public employment. It passed the law prohibiting the blacklisting of employes. It passed the law prohibit ug “pluckmo” stores. It passed the employes' liability law. It passed the law prohibiting the importation of Pinkerton detectives. It passed the law against the importation of alien or foreign laborers. It enacted the school-book law. It enacted laws to purify elections. It enacted the Australian ballot law. It devised and passed the present tax law. It passed the new fee and salary law. It enacted the Barret Improvement law. It passed the stale board of charities law. The Other Side. Every one of the above mentioned laws, now admitted to be valuable, was opposed to the last by the Republican party. It fought the school-book law with utmost desperation. It arrayed itself against the labor reform laws. It opposed the eight-hour day law. It was against the employes liability bill. It was the champion of Pinkerton detectives. It fought all the laws to purify elections. It arrayed itself like a stone wall against the Australian ballot law, w-hich it regarded as an attack upon its inalienable right to buy votes. It was savagely against the present equitable tax law and fought it at every stage, and if returned to power is pledged to repeal it and go back to the old system of corporation favoritism. It opposed the fee and salary law. The methods of the beef trust were thoroughly ventilated at the hearing in Jefferson City. Mo., last week. One witness testified that while Wold Brothers were attempting to conduct a packing business at St. Joseph, the trust reduced the price of beef more than one-half. After Wold Brothers were run out the trust advanced the price 2 cents per day till the old figures were reached. While President Roosevelt and Senator Beveridge agree that there are good and bad trusts, they also agree In not naming any of-the good ones. It would be instructive to have our junior senator mention a few good trusts and then tell the people wherein they have demonstrated their goodness.

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