Jasper County Democrat, Volume 14, Number 21, Rensselaer, Jasper County, 1 July 1911 — Multimillionaires Will Soon Be Very Scarce [ARTICLE+ILLUSTRATION]

Multimillionaires Will Soon Be Very Scarce

By ANDREW CARNEGIE

X ■ HEN I declared some ■ ■ ■ years ago that combinations meant ultimate CONTROL by the government of all manufactures, railways, etc., I was thought WILDLY RADICAJL, but there is no other recourse.

Our court of commerce will in the future have access to ALL "the books and acts of corporations and will- fix prices according to the profits revealed. THEN 25 AND 50 PER CENT PROFITS WILL BE NO MORE. PEOPLE WILL HAVE TO BE CONTENT WITH 5 AND 10 PER CENT, AND MULTIMILLIONAIRES WILL THEN BE VERY SCARCE. The courts will deal LIBERALLY with capital, but also JUSTLY with the consumer. At last we shall have peace and contentment in the wide range of production, and this new plan will be far more satisfactory to both parties than any the world has yet known.

1911, by American Press Association.