Historical
ST. JOHNS
It'tecond in number of lnduitriej
! teventh in population.
Can to Portland every 20 mln.
Hat navigable water on 3 aides.
Hat fineit gas and electricity.
Has two strong banks.
Has five large school houses.
Has abundance of purest water.
Has hard surface streets.
Has extensive sewerage system.
Has fine, modern brick city hall.
Has payroll off 125,000 monthly.
Ships monthly 2,000 cars freight.
All railroads have access to it.
Is gateway to Portland harbor.
Climate ideal and healthful.
ST. JOHNS
Has seven churches.
Has n most promising future.
Distinctively n manufacturing city
Adjoins tho city of Portland.
1 Ins nearly 6,000 population.
Has n public library.
Tnxnblo property, 4,500.000.
Has large dry docks, saw mills
Woolen mills, iron works,
Stove works, asbestos factory,
Ship building plant,
Veneer and excelsior plant,
Flour mill, planing mill,
Dox factory, and others.
Mora Industries coming,
St. Johns is the place for YOU.
ST, JOHNS REVIEW
Devoted to the Interests of the Peninsula, the Manufacturing Center of the Northwest
i-
VOL. 8
ST. JOHNS, ORKCON, FRIDAY, DECEMBER J3. 1912.
NO. 5
Red Cross Seals
Two thousand Red Cross Xmns
seals will be placed on sale at
St. Johns Monday, when the
whirlwind campaign starts in
Portland to sell one million seals
and raise $10,000 for the fight
against tuberculosis. At Mn
goon's restaurant and the drug
stores these seals can be obtain
ed during the week preceding
Christmas.
In the city of Portland the
Visiting Nurse association is
the only organization actively
engaged in tho. national fight for
the prevention and cure of tuber
culosis. For tho past several
years the money to carry on this
work has been, raised by selling
Red Cross sculs. Last year only
about $3,000 was made by the
sale, and this is found to be in
adequate to the demands for tu
berculosis work. A determined
elfort is being made this year to
treble that amount.
An extensive plan includes the
co-operation of the press, of the
churches, schools, business
houses, fraternal organizations
and other societies. Booths will
be established in department
stores, office buildings, and
news stands.hotcls.the poslofllco
and other public buildings. Out
side of tho city tho campaign
will bo carried on throughout
the state by tho Federation of
Women's Clubs, who will place
on sale 200,000, beside tho mil
lion on sale in Portland.
In Portland the Red Cross seal
fund pnys for the entire oxpenso
of maintaining a tuberculosis
clinic at tho free dispensary, 280
Burnsido street; tho salary of
ono nurse who gives her wholo
time to tuberculosis work among
poor patients in their homes;
extra nurses for very sick pa
tients; bedding, tents, awnings,
food, medical attendance and
other supplies. In 1911-12 twelvo
patients wore cared for at tho
Open Air Sanitarium and two at
Mrs. Minor's sanitorium.
Tho importunco of tho tuber
culosis fight is realized when tho
startling fact is known that last
year ono death out of every sev
en in Oregon was from tubercu
losis. At certain stages tuber
culosis can bo cured. With in
telligent precaution it can nl
ways bo prevented. By writing
to tho Visiting Nurso associa
tion, G01 Medical building, Port
land, instructions for tho care of
tubercular patients or for the
prevention of the disease can bo
had for tho asking.
Every Red Cross Christmas
seal sold will help to carry on tho
campaign for tho education of
tho ignorant and tho careless and
save thousands of persons from
tho danger of infection. It is
said that if tho ono rule relating
to expectoration were never
broken there would bo no con
sumption. Will you help to save yourself
and others from tho horrors of
the "white plague?"
A Complete Survey
Secretary Fisher of the Inte
rior Department has taKen up
the proposition made to him to
work with this state in making
a complete survey of the Des-
Mmfoa Vnllnv to dotormine both
its irrigation and water power
pOSSIUIIIUl'a. liv Bituua uiu uuy
urnmnnh will do its share of this
work. The importance of the
undertaking may be understood
from a statement made by a
Portland official of the Reclama
tion Service, who said: "There
are 500.000 acres of public lands
in the Deschutes Valley that
nnnlrl hfl irriimted and more than
1,000,000 horse power running
to waste aown me river.
Building Permits
No. 57 To A. W. Davis to
erect a brick and tile business
block on Jersey street between
Baltimore and Tacoma streets;
war. $2 noo.
No. 58 To Fred Horn to erect
a dwelling on Jersey street be
tween Maple ana bt. jonns ave
nue; cost $250,
The ladies of the Baptist
church will have a Bazaar in the
old Star Meat Market, South Jer
sey street all dav Saturday. Dec.
14. Hot lunches will also be
served.
Don't fail to see Clark for
Christmas candy at factory
Civic Betterment League
The speech Chief Slover cave
at the newly organized Civic Bet
terment league at the M. E.
church Monday evening was in
teresting and to the point. In
opening ho said he was not a
public speaker, but was glad to
be of service as ho has the good
of humanity at heart and would
give what he knew to be facts.
Fifteen years ugo," he said, "I
was a wood chopper and without
political influence or pull 6f any
kind. I am now Chief of Police.
I owe this to God. and believe ho
put me there to do his will."
In speaking of us us christians
he quoted the Scriptures: "Ye
are the salt of tho earth; if you
have lost your strength or power,
of what use aro you. Yo are tho
light of the world, a city that is
set on n hill cannot be hid.
Abraham prayed God that if ho
find GO righteous to save Sodom
and Gomorrah. That is what wo
want. Vigilance is the prico of
liberty in private, in public or
religious life. A declaration of
principle is a good safeguard,
but when you have declared them.
stick to- them, as outsiders aro
watching you. Women have tho
right to vote, and 1 am glad of
it, and some skunks will liavo to
get out of the country or clean
up. Vice and immorality aro tho
natural born results of sin. I
have seen children 10 or 15 years
ngo not over 10 years of ago who
wero sent by mothers or fathers
to get beer. They aro grown up
now, but what do thoy amount
to? Thoy point back to their
parents and say they aro to
blame for our sins. It is easier
to stop immorality before it en
ters your city or homo, or where
half the people want immorality.
"The love of God is tho key to
good government. Thcro nro
but two forces in the world.
You may talk of tho Democratic.
Republican, Socialist or Prohibi
tion parties, but you are lined
up either one sido or tho other
for God or tho Devil. You .will
find some people in your organ i
zation who are shams; you will
find them out. Take the Hide of
right and stick to it. Your im
morality will mako you sorry
and alTect your children. If you
could see the heart breaking
things the polico seo you would
bo strong for civic society, whero
christian people who pretend to
follow tho meek and lowly Jesus
could put thoir thoughts into
practice. If you leavo off fol
lowing sin pcoplo will notice it
and hold you in high esteem. Ui
the increase of God's crovorn-
ment there will bo no end. Somo
day wo aro going to have gov
ernment n good one. uod is
going to reign forever. I had a
policeman ono time. Ho was a
good man of good principles, I
changed him to a bad part of tho
city because 1 thought he would
bo uest there. Ho lost. Ho was
tempted and fell and was never
as good as before. You can't
stand temptation unless you
have the grace of God in your
heart I couldn't pull through
temptations I have gone through
if God had not been with me.
Civic righteousness is good for
two worldshere and hereaf
ter." Reporter.
To Our Subscribers
Owing to the fact that free
mail delivery Bervice will bo in
augurated in St Johns on January.
1st, 1913, and that thereafter the
Review will be delivered by
carriers, it is imperative that
we should secure the address of
each subscriber. Therefore, we
ask each subscriber residing
within carrier limits to cut out
and fill in the blank form below.
and send same to the Review
office.
Name
Street Number
Street
Louis Si vers, who has an onion
farm in the Rogue Kiver vauey,
grew onions this year ranging
from one to three pounds each in
weight He had less than one
acre in onions this year but pro
duced almost 90,000 pounds, sell
ing the crop at 2 cents per pound.
This makes the income from this
small tract at least $1,800.
Methodist Church: Corner of
Leavitt and Hayes. Preaching
11 A. M. and 7:30 P. M. Sunday
School 10 A. M. Epworth League
6:30 r. M. All are welcome.
Country Most Prosperous
Business men, labor officials
and charitable associations agree
that the working classes in Chi
cago aro more prosperous now
than at any time in their recol
lection. There is work for every
man who desires it at union
woges, and contractors and em
ployment agencies are vainly
seeking men.
With Winter well advanced
there are no calls for charity and
the "flops" where homeless men
hang out at 10 cents a day are
not making expenses. Their or
dinary patrons arc making good
wages and living in bettor lodg
ing houses.
Usually at this season the mu
nicipal and other lodging houses
are crowded to overflowing.
Large employers of labor, labor
officials and charity workers as
sign tho following reasons for
tho unprecedented prosperity:
Unusually mild weather, mak
ing outdoor work possible: in
creasing building activities in
Chicago and other cities; in
creasing construction activities
by railroads; settled financial
conditions following the election.
The contractors say there are
from one-fourth to one-half more
craftsmen working now than
there wero n year ago nt this
season.
A Local Genius
Fred C. Couch has demonstrat
ed that he is a genius of the first
water. His handiwork and
mechanical ingenuity may bo
seen in Couch & Co.'s show win
dows. Ho bus constructed u
three mast vessel, perfect in every
detail with all the accessories of
a full fledged and ready for busi
ness ship. In itself this shows
marked ingenuity and clever
workmanship. Tho vessel is
shown to bo fastened in a large
field of ico und snow, and in tho
near distance stands a light
house fully rigged with beucon
light, which alternates in colors
from red to white. The eltect of
this Arctic scene is most beauti
ful and entrancing, especially so
at night when tho red and white
lights alternately cast a glow
o'er tho scene. Tho most inter
esting and ingenious product of
Fred's fertile mind and skillful
hands is tho contraption in tho
basement below that causes tho
lights in tho light houso to alter
nate. It is truly marvellously
and wonderfully wrought and is
beyond our unmechanlcal mind to
fittingly describe. It must
surely be seen to bo fully appre
ciated. That rred is also a win
dow dresser of no mean nbility
is manifested by tho tasteful
decoration of the three other
largo display windows, all of
which aro models of beauty and
attractiveness. By no means
fail to seo tho displays. Thoy are
well worth any one's while.
For Smoking Cigarettes
Thirty days in the city jail is
tho punishment nmposed upon
Mrs. Maude White for smoking
a cigarette in tho city park at
Vancouver, Wash., while sitting
on one of the benches there, by
Polico Judge Shaw Saturday.
Mrs. White wa3 sitting on tho
bench puffing away at a cigarette
she had made apparently, when
Officers Jack Smith and Henry
Burgy passed and arrested her.
At the city hall she said that she
was sick, but the Judge took a
different view and passed sen
tence. This is the first time
that a woman in that city has
been arrested for such oltence.
The Oregon Almanac, the book
let being published by the State
Immigration Commission, will
be out this week and will be
distributed widely. It contains
accurate' statistics and reading
matter about Oregon's resources
and. products. Indeed, never
before has there been such an
exhaustive report on what this
state has to offer to the settler.
An edition of 200,000 will be
printed.
The James John High basket
ball team will contest with the
Beaverton High team in the
gymnasium this evening for
honors, it promises to do a
most exciting tug of war.
Beaverton defeated the locals
last Friday a,t Beaverton by a
score of 22 to 21, and the locals
are after revenge.
Not th lifetl en yeur paptr.
High School Notes
The girls' basketball team is
showing wonderful progress un
der the careful coaching of
Prof. Wilcox. On Thursday after
noon the 'Yellows" lined up
against the "Blacks" and beat
them with a score of 14 11.
An enthusiastic rooter's meet
ing was held Friday morninjr,
and the team felt nssurcd that it
hud the backing of the school.
The game with Bcaverton last
Friday night resulted in a score
of 21 20 m favor of Bcaverton.
Both teams put up a good fight
and o r boys would perhaps
have won, had tho floor been
less slippery. The members of
Jumcs John who accompanied
the team wero well satisfied and
hope hut all games will bo as
Interesting. A return game with
Bcaverton will bo played in tho
high school gym. next Friday
I night, and on Wednesday after
'noon tho boys will go to JofTor
I son for u game.
'. mi. ... it... I .. t
ine c riosuy ui , uiu uuvb nan
been greatly aroused by rumors
of tho organization of a girls'
"Hike Club."
There will bo no school this
Friday, for all the St. Johns
teachers aro to attend the Teach
er's Institute at Lincoln High
School. Tho girls' chorus from
James John will contribute two
selections for tho entertainment
of the assembly.
Was Well Received
"Broken Fetters." tho drama
given by tho young pcoplo of the
Christian church in IJickner Hall
Tuesday evening, vas presented
in a most delightful manner.
The scats wero nil filled and
many wero required to stand.
Each of tho ten characters acted
their parts in u moat satisfactory
manner, and showed that Mrs.
Wood was doscrv'Jritt of great
praiso in her directing. Tho in
termission numbers were well re
ceived and all were compelled to
respond to a hearty encore. They
were as follows: Violin solo by
Carl Caesar, pupil of Miss Wood;
reading by Allen nd Ag es Co
ver of Portlond; vocal solo by
Ben C. Crow, vocal teacher of
this city; vocal solo by Miss Mila
G. Penistin of Portland. Miss
Floid Wood, piano and violin
teacher of this city, accompanied
the solos.
Bachelors Entertain
The Bachelors' club gave their
ady friends a good housewarm
Ing Thursday evening oi last
week in their club rooms. It
proved to bo a very pleasnnt
affair and was enjoyed by nil
present. Progressive whist hold
sway in tho forepart of the even
ing but gave way to u delightful
program ot music, Airs. a. a.
Johnson and Harry Fassett gave
solos n the r usual p easing way.
Miss Walters gave a number of
violin selections which wero re
ceived with much applause and
Miss Ida Fassett gave some beau
tiful solos on tho piano. Dr.
Vinton Scott rendered a couple
of solos on the saxophone, while
Miss Lulu Uillmoro accompanied
him on tho piano. Refreshments
of fruit, candy.cakfe.sandwiches,
coffee and sweet apple cider were
served.
What Newspapers Do
Speaking of what a newspaper
does in a -community tho lato
United States Senator Davis, of
Illinois, made an address in which
he said:
Every year each local paper
gives from $2U to $1,000 in free
jines to the city in which it is
located, in boosting, praising,
and for lodges, churches, schools.
societies, etc. No other agency
can or will do this. The editor
in proportion to his means, does
more for his town than any other
man, and he ought to be support
ed, not because you like and ad
mire him and his style, but be
cause a local paper is the best in
vestment a community can make,
Today the local papers are doing
more for less pay than anything
on earth, and it a a fact in many
cases of free notices.
First Christian Science Society
Sundays n a. m., Wednesdays at 8
p. in. Reading room open on 1 ties
day and Saturday from 2 to 4 p. in
sAll cordially invited to the services
land reading room. Subject Sundav:
'God, the Preserver of Man."
Council Proceedings
All members wero present at
the regular meeting of tho city
council Tuesday evening.
The first matter to secure the
attention of the council was u
remonstrance by Mrs. Nuncy Cu
ples against tho proposed open
ing of Kellogg street from Rich
mond through the Cnples truct.
The chief contention was that it
would destroy vnluablo business
property without adequate bene
fit. As tneiemonstrttnco as pre
mature, it was held over until the
proper time of receiving remon
strances. A claim for $75 as costs in the
Willamette boulevurd case was
presented bv Collier As Collier.
This came as a surprise to the
dad , and was referred to tho
city attorney. The city hud al
ready paid $100 attorney fees in
laving tho width ol this thor
oughfare established in the
courts. It was a lriendiy suit
bromrht bv tho property owners
to secure a decision on width,
and tho aldermen could scarcely
understand why the city should
be called upon to pay the costs.
Applications for renewal ot II-
nuor licenses presented by Mes
srs. Glover, Condon, Cochran
and Mellon wero granted for a
eriod of six months.
Crawford street lcadingito the
woolen mills being reported in
Street Committee Davis was di
rected to give it a good dressing
of crushed rock.
Upon iruaranteo of tho contrac
tor to remedy a Blight defect the
improvement of Burlington
street from the city hall block to
Bradford street was accepted,
although Alderman Hiller demur
red. The improvement of Olym-
pin street from Myers to Char
leston and Hnrtmun from Seneca
to Myers, also the sower im
provement from Philadelphia to
Fcssondon on Fillmore were ac
cepted by council.
An ordinance empowering and
directing tho city recorder to sell
improvement bonds in tho sum
of $17,339.98 was passed.
Tho following Dills were allow
ed: R. N. Kendall, inspector,
$15; B. H. Hoover, rodman, $15;
H. W. McKeon, inspector, friti;
iJUlb Willi, ntivwi. tiuuti wfc.
Johns Hardware Co., supplies,
$5.15; Jos. McChesney, library
rent, $20; J. E. Tnnchi advanced
express charges, $1.95; G. W.
Overstreet, pipe, 35c; St. JohnB
Lumber Co., lumber, fclbViu; iieo.
W. Warner, $4.80; First Nation
al Bank, commission bonds,
$3.29; total, $10-1.21.
In Memoriam
Whnrnns. It linn mm in nlonsod
our Heavenly Father to sulfur
tho Angel of Death to invade
this ImIito und rcmovo from its
members our boloved Brother, J.
C. Aiken, theroiore,
Resolved, That in this myster
ious disnonsation of Divine
Providence wo low in humble
submission to the will ol an All
wiso Creator in whoso hands are
tho issues of life and death,
Resolved, That in tho death of
Ttrothnr Aiken our boloved Or
der has been boroft of n shining
light, and this Lodge suffers tho
Ines of nun of Its most faithful
members one who was over
ready to promote the best inter
oaf nf tills T.oiliri'
Unsolved. That wo tenror to
our Sister, tho wife of tho de
ceased, our sincero sympathy
and condolence in this dark hour
of soro trial and bereavement,
nnfl r-ommond her to tho mercies
of Him who looks with pitying
eyes upon the widow and the lu
therless.
Resolved. That in token of re
spect to the memory of the de
ceased and his many virtues and
irrnrps. our charter bo druncd in
mourning for the- period of one
month.
Resolved, That a copy of these
resolutions bo given to tho tam
11 v. nnd a memorial rmiro inscrib
ed upon our record and a copy
sent to tho Pacific Odd Fellow
and St. Johns Review for publi
cation. J. u. Keiiher,
Henry Allen,
C. A. Bauer.
Committee.
Would you like to present a
hand made gift to somo friend
for Christmas und haven't time
to mnko one? Come and see
whnt. tho Rnntist Indies have at
their Bazaar at tho old Star Meat
Market. They may have just
what you want. Come Satur
Anv. T)m. 14. Hsivn n hot lunch
while you decide what to get for
that friend.
ORDINANCE NO. 518
AN ORDINANCE DIRECTING
AND REQUIRING THE CITY
RECORDER TO SELL CER
TAIN IMPROVEMENT
BONDS OF THE CITY OF ST.
JOHNS, MULTNOMAH COUN
TY, OREGON. IN THE SUM
OF $17,339.98 IN DENOMI
NATIONS OF FIVE HUND
RED DOLLARS EACH, OR
LESS.
The City of St. Johns does or
dain as follows:
That whereas, under the pro
visions of the Charter of the
City of St. Johns pertaining to
said improvement bonds and the
sale thereof, applications have
been filed with the City Record
er by interested parties under
said Charter and the bonding
provisions thereof, aggregating
tho sum of $17,339.93 for street
improvements in the City of St.
Johns, and
Whereas, under tho said Char
ter of its provisions tho bond
lien docket has been made up,
and
Whereas, the Council is hereby
authorized to isaue bonds in de
nominations not exceeding the
sum of Five Hundred Dollars
each, and in all equal to the total
amount of the unpaid assess
ments, and
Whereas, there is unpaid as
sessments for which bonding ap
plications have been made in the
sum of $17,339.98, and
Whereas, it is provided that
bonds by their terms shall ma
ture in ten years from the date
of tho suid bonds and be paya
ble in gold coin of the United
States, and bear interest at tho
rate of not to exceed Six per
cent per annum, payable semi
annually, said interest to bo evi
denced by coupons attached to
tho said bonds.
Now. therefore, tho City of
St. Johns docs ordain as follows;
That tho C ty Recorder of the
Citv of SL Johns. Oregon, bo
and ho is hereby ordered and di-
.1 1 r 1 1 t
rccieu aim required 10 issue nnr-ty-soven
bonds, which shall be
improvement bonds or tho uty
of St. Johns, Multnomah county,
Oregon, nnd which said bonds
and coupons thereof shnll bo
iroporly signed as required by
aw and tho Charter of tho said
City or St. Johns and which said
bonds shall bo in tho following
numbers, dates and denomina
tions: No, Ditto Amount.
639 Oct. 12, 1012 fGOO.OO
W0 " "
Ml " "
642 " "
MA " "
644 " "
W5 " "
410 " "
MT " "
548 " "
W9 ' "
m " M7.01
m Oct, 2fi, 1912 600.00
682 "
8SI " "
664 " "
666 142.73
660 Nov. 1,1912 600.00
667 " "
GB8 " "
609 " "
6C0 " "
Ml 14 "
602 420,6.1
663 Nov. 10, 1912 600.00
601 " "
605 " "
600 " "
607 " "
60S " "
609 " "
570 " "
71 " "
572 " 205.40
s73 Nov. 28. 1912 500.00
V74 " ....
575 " 231.25
Total fl7.339.93
That tho City Recorder of tho
sa d City of St. Johns shall pub
lish notice of tho time and place
when sealed bids will bo received
und opened for the sale of tho
said bonds, which said bonds
shall be sold for tho highest
prico obtainable, but shall not
bo sold for less than par and ac
crued interest. Right is reserv
ed to reject any and all bids for
the sale ot tho said bonds and to
re-advertise for other bids and
sales for the same.
Passed by the Council Decern
bor 10. 1912.
Approved by tho Mayor De-
1 t iAin
com our iv, i viz.
A. A. MUCK,
Mayor.
Attest: F. A. RICE,
Recorder.
Published in the St. Johns Re
view, Dec. 18, 1912.
Harrimun railroad directors
have authorized the expenditure
of $3,000,000 for improvements
to the O. W. R. & N. line be
tween Portland and Spokane.
These betterments will bo made
during tho coming year.
The Bonville 99-Year System
vmtsus
The Old Financial System
By Frank Bonville.
The greatest war that this
world has over witnessed is now
going on -on paper. The tele
phone, the telegraph and wire
less telegraphy, aro momentarily
flashing messages from continent
to continent. Rapid transporta
tion by rail, by steamship, and we
mny safely include.uerial naviga
tion, are bringing us in touch
with the whole world. In George
Washington's time it would have
taken ono man several hundred
years to deliver tho news that
can now bo delivered in 24 hours.
Tho world is in a hro of now
thouirht. Men aro thinking for
themselves, are seeing conditions
as thev are. Hence this wave
of discontent that is prevalent
among all civilized nations.
What are tho conditions that aro
causing this discontent? Tho
mrh cost of ivmg. low wageK,
scarcity of work aro somo of tho
factors.
Primarily, man is a loxy ani
mal. Give him plenty to eat,
clothe him well, make him eom-
brtable. and he will not worry
greatly about conditions; but
reduce his wages, advance the
price of the necessities of life.
grind him down to tho lat de
gree of endurance, and ho
wakens from his lethargy, boifins
to think and arouses to action.
We are learning our lesson.
There aro nbout7r percent ol
the wage earners of tho United
States today out of a little popu-
at on of about 93 million people
who mako about $000.00 a year,
providing they have steady work.
It takes at least $900.00 a year
for tho necessary wants oflifo.
Wo havo on an average about
five million men out of work. It
is a fact that only ono aero or
farm land out of every six in
tho United States is undor culti
vation. Wo need 75,000 lnilOB
moro of railroads instead of thu
210 odd thousand wo now huvo.
Wo cannot build them, nnd we
don't know why. Stop and think
and wo will know why! It in
because all railroad corporation
aro controlled y monopoly.
Monopoly hoU the boundary lino
of industrial activity with n
"thus far shalt thou uo, and no
fnf tlim " Vim unv ''iinnianial
We are a free people. Wo own
build whun and whero wo will."
Very well. Organize your cor
poration. Begin your railroad:
buy ui) your "right-of-way"
across tho country; omploy your
crow, lay tho tracks to tho city
limits of your proposed torminnlt.
Seo what will happon. You have
received your "thus lar, nnd no
farther," and monopoly bar
further progroiw. In othor
words, tho control of theworkl'i
industries is in tho hnnda of Uie
minority when it should be in tho
bunds of tho majority. Wo have
fooled ourso veu in the I mat with
ovorything imaginable under tho
shining sun but the real thinjr.
Wo have made ouraelvea believe
that this trouble wait on account
of extravagance, or tho tarlll,
or tho taxing system, utmtewli-
noss of work, not boing enmtfKl
in tho right kind of buiTmMM.
etc., etc., ignoring the real !nue
in our hlindnoiMi- the control
of tho wealth of tho country by
tho "privileged few." Uno or
the foromoat men of our day
says that "undor the present fi
nancial ttystom one matt ean ac
cumulate moro wealth in, a life
time than tho average citnwti
could in two million yeara."
This all comoa from stock trans
ferring. The corjKirationa of
this country aro capitalized for
about 31 billion dollar, and TO
por cent of that is watered stock.
That means that the American
people are paying interest, or, in
other words, paying more for
their goods than they should to
make up this interest which is
paid on 70 per cont of 81 billion
dollars that does not exist. This
is done through stock transfer
ring, and comes under the head
ing of "business," when, if the
samo steal were done directly, It
would mean punishment by law
of tho porpotrators. It is a faot
that under the old system of or
ganizing corporations any man
can step in and buy ovor BO per
cent of tho capital stock and do
as ho likos with the rest of the
stockholders. The avenues that
aro loft open under the old sys
tem of organizing corporations
to deceive and defraud the peo
pel out of thoir money aro at
least fivo timos groator than a
poker game. Thoro is somo
chance at a card table to wntoh
a man manipulate the curds, but
there is no chance whatover to
watch tho shufilo in a stock game.
Continued next weok.
price. 807 S. Jersey. .