Newspapers / The Commonwealth (Scotland Neck, … / April 30, 1896, edition 1 / Page 4
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-"3? rr LIVE QUESTIONS. X Srte of Artirlp Contrlbnted to The Column by Advanced Thinker. TltU.STS AND MONOI'OLIKK. I. The naino trust fir.st came into nso after thi formation f the Standard Oil trust in ISM'. It coitus from the fact that trustees received an-1 iu-hl in trust the stocks of variouH competing corpora tions. As used tod;y the word trust means any capitalistic combination of competitors the object of which in to in crease profits. Such combination may consist of a loose agreement or " under standing." or it ny mold many cor porations into one or more great corpo rations. It is easy to stop competition m some industries, but difficult to do ko in others. There are two -ways of increasing- profits : First. By advancing the prices of finished products. Second. By diminishing cost of pro duction. Roth of these ends are aimed at by trusts. Restricted production is the usual HYUON W. HOLT. means for causing prices to advance. Production can be restricted only when thero is a complete- or partial monopoly of sources of supply or machinery of production. Monopolies are of two kinds natural and artificial. Natural depend upon the limitations of naturo ; artificial, upon tho limitations or restrictions of legislation. Mines, railroads and tele graphs are natural monopolies. Patents and copyrights produce artificial mo nopolies Natural monopolies, however, aro often strengthened by tariff and oth er trade restricting laws. Cost of production may be lowered : First. By reducing the cost of selling a product. Second. By more economic distribu tion. Third. By working only the best or most favorably located plants. Fourth.. By adoption of tho best ma chinery and methods previously in use in any of the plants. Fifth. By.i better utilization of ma terials and the saving of waste products. Sixth. By reducing wages. Seventh. By reducing prices paid for raw materials. r oi trusts to r.nvanco prices HI cost of raw material is very great. The exercise of snch power is considered harmful and is unlawful. The power of trusts to reduce cost of production in any of the first five ways mentioned is also very great, and its exercise is considered beneticial to mankind. Therefore trusts are potentially boih good and bad. Is it possible to get rid of the bad and to save the good in them? If not, should we destroy them? Iu the modern sense of tho word trusts first appeared between 1800 and 1S70, though some feeble efforts at com bination were made 200 years before. They, however, attracted but little at tention until about Since then their growth has been remarkable. Out of 4i 1 trusts, formed previous to 18U4, 7 were formed between lbGO and 1870 (mostly railroad, telegraph and express pools), ai) between 1870 and 1880, 837 between lSb and 1890, and 17b between 1890 and lb'J4. One hundred and twen ty were formed in 1880 and 1890. This list is incomplete, especially for later years, but it indicates a rapid growth, and that trusts are usually successful in increasing profits. The nominal capital of the Leather trust is 000,000; Beef, $100, 000,- 000; Standard Oil, $97,000,000; Sugar, $75,000,000; Rubber, $40,000,000; Cot-ton.-eed Oil, $38,000,000; Lead, $30, 000,000. These seven trusts have a nom inal capital of over $500, 000, 000. None of these trusts depends mainly upon nat ural monopolies. Tho Anthracite Coal trust now represents railroad and min ing interests valued at over $1,000, 000, 000, and the Joint Traffic association represents railroads with a capitalization of nearly $-2,000,000,000. According to the census of 1890, the true value of our steam and street railways was $8,685, 407,323; mines, quarries, etc., $1,291, 291,579. Other natural monopolies telegraphs, telephones, gas and electric light plants, eanals, docks, etc. will bring this total to about $12,000,000, 000. Fully two-thirds of the capital in vested in these natural monopolies is in pools or some other form of trust. The ether third is not actively competing with itself, for there never was nor never will be full competition in any of these industries. Perhaps one-half of the $(, 189,1197,785 capital employed in manu factures in 1890 was and is in some form of trust. It is probable, therefore, that about $15,000,000,000 of our capi tal is not competing with other capital. Put this is about half of our total capital employed in productive industries. Nearly all of the remaining half, $18, 279,252, 549, is employed in agriculture. In all agricultural industries there is se vere competition. The farmer sells at competitive prices; he buys at noncom petitive prices, or prices fixed by trusts and monopolies. So literally true is this statement that it is difficult to think of any article sold from store or mill the price of width is not fixed to some ex tent by some one or more trusts. Often RKLIKF IN SIX HOURS. Distressing Kidney and Bladder dis eases relieved in six hours by the "New Great Soith American Kidney Cuke." This new remedy is a great surprise on account of its exceeding promptness in relieving pain in the bladder, kidneys, back and every part of tiie urinary passages in male or fe male. It relieves retention of water and pain in passing it almost immedi ately. If you want quick relief and cure this is your remedy. Sold by E. T. Whitehead and Co., Druggists. Scotland Neck, N. C. a dozen trusts are concealed in a single article. Suppose he buys a carriage. It may or may not be a trust product, but its cost of production depends largely upon the cost of its different parts. The bolts, nuts, tacks, gla.-s, hardware, nails, . leather, wheels and springs in it were probably made by trusts. The materials fur the variiish and r ami u.-edwere also trust products. Going a step farther back, we find that the saws, axes, filss, , hammers, etc., ued in making tho car- ;. riage and in shaping the raw materials are trust products. His carriage was shipped over a trust railroad made of. trust rails, on which run trust l x-omo- . tives, the wheels of which are encircled , by trust tires. The combined result of all these trusts adds $", or it may be : $:), to the price of his carriage, depend- ing upon the kind and quality, where it was made and where it was tinally sold. ! Orlii.:irilv the orices of trut articles j are not much higher because of trusts, j In many ca-es, however, the trusts m- j crease prices by Si 5 to 100 per cent, j Steel rails sold for about 2U per ton ; two years ago, when the trust was dis- j organized and waiting to see that the j duty was not ail taKen on oi duty of $7.b4 was left, and for more than one year prices have been held firmlv at $2S at Pittsburg and $29 at Chicago, though the Illinois Steel com pany is reported to have this year sold 10,000 tons of rails to Japan at $21.26, delivered at seaboard. Prices of struc tural iron and steel fell from $70 to about '.A) when tho trust temporarily broko in 18'J2. Prices of tacks were ad vanced from lS'JO to 18'J4 by from 100 to JJ00 per cent. irices have since been sustained by tho trusts. A Cartridge trust was formed in 18S3. Since that time tho prices of cartridges have aver aged more- than 100 per cent above what they were early in 1&S3. The Paris Green trust, just before the potato bug season in raised prices from about 102 to 21 cents per pound. Wire nails are selling at 2.40 per keg today; cut nails at $2.15. Fifteen months ago prices were 00 and 85 cents respectively here and over $2 in Canada, where there was a tariff protected trust. Our manu facturers "got together" and made tho change. A dozen trusts cm Id be named that together extort at least $100,000,000 to $200,000,000 a year from American consumers. Probably $500,000,000 is about the present cost of trusts to us; $500,000,000 more can be added as our annual tribute to steam and street car, telegraph, telephone, mining, gas and water monopolies. Is it any wonder that we have produced 5,000 million aires since lbCO, or that wealth is so un evenly divided? Byron W. Holt. New York, March, lS'Jt,. Mission Reciit.octty. Most people are interested in missions of ono kind or another, becanso in its larger sense every enterprise pushed out side of its present limits is a mission. However, missions have not been satis factory in foreign fields and should not be expected to bo so, as mission boards havo been slow to adopt modern meth ods. It is interesting to note tho idea of rpHnrncitv that seems to be springing uy lift w ecu me great nihiono lougnnn. This is not the result of an agreement, but one of those providential movements that overreach the limitations of men Within the last two years Mohammed Webb has opened a Moslem mission in New York and has received consider able attention. The world's congress of religions was a demonstration of the new method. Since then a Buddhist mission has been opened in New York under the leadership of II. Dharmepala IIo represents the Naha-Bohdi society of Calcutta. These movements will bo re ceived gladly by all fair minded men as giving us an opportunity to study these religions at first hand, as much of our secondhand information is untrust worthy. Another curious illustration of the action and reaction in missions is found in one of our largest western cities. Re cently a number of orthodox clergymen organized a Jewish mission and are anxious to convert tho children of Abra ham to Christianity. While this move ment was being put on foot the leading rabbi of the same city was approached by a number of Christians and asked if they could take membership in his church and on what conditions. He called a meeting of his church board, and after due deliberation they decided to accept all applicants who would ex press a belief iu God. At tho present time there are more Christians belonging to and joining Jewish churches than Jews joining Christian churches. This state of affairs is a very interesting study for the stu dent and gives another factor in the vexed problem of comparative religions. Impartial Suffrage In New Zealand. Mrs. Henry Hirst, an Australian au thor, in a recent discussion on the ellect of woman's franchise in New Zealand, said : "Men of all shades of political opin ion and at daggers drawn on other points agree that the granting of the vote to women has been beneficial to the colony. Mr. Seddon, the premier, has said: 'Wo men's iniiuence at the elections and since has been productive of much good. They are looking well after tho interests of the children, tho mitigation of the liquor traffic; the alteration of the jail regula tions with regard to having female in spectors for women and other vital af fairs. ' The leader of the opposition 'be lieved that the women had done mucb to purify the house, and that their influ ence would yet be more beneficial in the same direction. ' The consensus of colo nial opinion appears to be that the ex press tendency of the female vote is in favor of promoting the solid happiness of the individuals who compose the com munity. Domestic life has not been dis turbed or even ruffled by the female por tion of the household possessing votes, and the women in the exercise of their aew privileges have shown sound judg ment, great discretion and no small imount of independent thought. " WANTED A gentleman ol stand ing to represent Combined Contract comprising two of the largest invest ment and life insurance companies in America. Address Thos. A. P. Champ lin, Sup't. First Floor (Rooms 12 to 15) McOill Building, Washington, D. C. WANTED : Several trustworthy gen tlemen or ladies to travel in North Carolina, for established, reliable house. Salary 780 and expenses. Steady po ltion. Enclose reference and se If ad dressed stamped envelope. The Do minion Company, Third Floor, Omaha Bldg., Chicago, 111. U li ti OTT'S EAST IPW nlnr i ami CuresCCRNS. EUNi9NS an-lWASTS SPEEDILY and WITHOUT PAIN FOR SALE BY ALL DRUGGISTS. ttwviV "P.-oTTTIlS. ?reT:'r3. Llppman's Block, SAVANNAH, 6A. & SALK0F LAM). P,v virtue of a decree of the Superior point ot Halifax county in an action therein penduiL' entitled R. S. Speight, guardian of T. II. Wells, et aK I will, on Monday the '2 day of May 1VC,. sell at the post olhce door In Enfield to the 'highest bidder for cash, the following real estate, to wit : That certain tract or parcel of land situated and lying in said count v of Halifax. State of North Carolina, 'lying on the road leading from Enfield to Ringuoo I. ana on the vester- of Rocky Swamp and Jack- Horse Branch, known as the Cullom i tract, it being a portion of the land ; latelv bought bv li'obert King from 1'. ' if. .11. - I' Henrv of ance countv ana iuu - lesenhed in a mortgage from said R. H. King and wile to Koiintree 4v i o.. to wliicli reierence is maue mi a uan-i description, or less. containing 2.0 acres more G. M. FoI NTAIN, Commissioner of Court. III CQMFAHY, Manufacturers of Office Furniture. OFFICE, 7f South Ei'jhlli Street, Richmond, Ind. U 12 ly. HOTEL Wm 1 : A MA llltl mm &wim THREE-STORY BRICK BUILDING, ( 1 F.NT R A 1 .L Y LO( 1 A T V ! WELL APPOINTED. TABLE SUPPLIED WITH TIIE BEST. KATES PEIl DAY. 1 id tf j. 11 U 'L'SS, 3i i'dji r. i fj S $ eAfUGCJr.uL-. M inr.n a lxr: TItlAL LO'i: - . E-3 cto, a trt-;ii:-,e on !.I!cdsv. V.C SUFFER ANY LONGER f' Civei-cfiC:. icz. State and County, and Age pialu! j-. 7y'Z !''ALL CHKW-tCAL CO., o o 0m. Designs sent to any address FREE, writing ior tlieni pToase irive aire o ceased and some limit as to price, work warranted strictly first-class; In de- All I I and entirelv satisfactory. 3 1 lv Work Delivered at Any Depot. MENTION" THIS r.U'KK. mm d Am Mi 1 9 MM f Sffl I'll I U THE CAROLINA -.MA N V FA C T First-class Buggies, Carriages, Surreys, Wagons and Carts. ,0. A SPECIAL REPAIRING DEPARTMENT, WA FULL FORCE OF HANDS all the time engaged, including Wool workers, Smiths, Trimmers and Painters. ffSfOUR FACILITIES are equal to the best and we compete with any man ufactory m the country turning out the same class oi work. We carrv A Full Line of Harness of all Grades. V SPECIAL HORSE- HOEING test scientific principles.- AN EXPERT UPHOLSTERER new. Carolina Buggy Company, 3 19 tf JOHN SKIPWITH, BOOT and SHOE-MAKER. Groceries and 'onfectd v i : i : i O-'if I "'I' A -ii t'i ! St ' ') 1 V S ' ! I n i a N. (' NORFOLK & CAROLINA R. R. COXLiENKI' Hated April 2". ;:i 'I.E. Daily or. San. Sjutli Bonnd Trains. Dailv ex. Sun. No th Boiiiu' Train3. ; rATto.v.- No. 103 No. i'J V. M. A.M. No. 4S No. 102. P. M. A. M 2 10 2 2" " 8 40 Lv Norfolk Ar. 0 ( M ) Dinners Point U 2; Drivers 0 4i .Suffolk 10 18 Gates 10 :SS Tunis 11 00 Al.o.key 1 1 11 Auiander 11 57 Hobgood 12 20 Ar. Tarboro r, oo 5 :',5 5 1 1 4 57 4 2:5 4 05 :; -15 :j :;i 2 54 10 5 o :'.o o s l 8 5 1 8 :il S 15 o :;:: 7 5 s 7 Dt 0 55 n o." 1 02 i :) 1 45 , 25 5 50 Ar. 5 57 1 25 Rock 1'. M. P. M. Lv. v Mount 2 o5 f, .'50 P.M. A.M. No 2:5 carrie? pullman parlcr ti Norfolk to Rockj Mount and connects with A. C. L. Train 2: for all points south. No. 10:5 connects at Hobgood for all eastern Carolina points, also at Itocky Mount with A. 0. L. train 27 for all points south. No. 7S carries pullman parlor car j Rocky Mount toNorioik and connects j for all points lnrth. i For all information schedules call on or address G. M. S ICR PELL, J. R. LKNL V, Gen'i M,vitrer Sup't Trains. T. M. EMFRSGN, Gen'l Passenger A cent i Tie Geip? larMo WorRs ! ! i 111, 11.1 11.' Haul: St. NORFOLK, VA. 1 f . 4 ''I Grave Stones i: I y " S. It ALLEY, Tarboro. K C. NEW STUDIO OYER JOHN BATTLE'S SHOE STOTE. HIDE ENTRANCE. "WILL BE ( ; LA I ) TO HAVE ALL MY FRIENDS AND PAT RONS CALL AND SEE ME. Reasonable Prices AND All Work Guaranteed First-class. 0 27 tf ERERS O F- DEPARTMENT conducted on the la- who can make vour old furniture look SCOTLAND NECK, X. C. tlantic Coast Line. w. a v. i:. k. and p-ranche-. No. 23. i'...v. A M. 1 ! . l I" 12 N". 3... I..;:v. r.M . 4 I V, ,. Ha A t i . I.v. Ar. Ar. i.v I.v Ar W i: . T;. IT i Mt 1 it:, 2 k: . " . . t . j ::o 7 2' 1' l'' ' 1 1 (,-' 12 WiN ..i: :.'!. i l'a e!te ri'-M-nc N- . 47. 2 i.; ro :: io a 4 Id g'n Jo ! M Li Lv ( ;.,!d-b. o :', Jo A M Lv Mag:a.! Ar Wihnin THAIS'- a.)JNCi No 7 Daily Lv Floieiicf s !." Fa vet tevi He 1" LvSolma 12 :-2 Ar Wilson 1 2) A M M )!. I II. No :;2 Hailv ;;o 11 15 1' M No -is Daily Lv Wilmington 0 o Lv Magnolia 10 :) Lv Sol ma 1 1 No li Daily ; ::o ' s u n ; 55 I' M Ar Wilson 1: A M No 7s No :52 Dnily Daily m r m Lv Wilson 12 52 11 20 Ar MoekvMt 1 IS 12 02 No io Daily r v. in oo io in ArTarboro 2 23 Lv Tarboro 12 20 Lv RockvMt 1 5:5 12 02 Ar Wei don V, 10 12 55 A M Train on Scotland Neck Branch road eaves Wekton ..- i i.i.. I'.nn.iy J . I - r in. arrives Sc :ila!;d N'cck at -.O.i p m (ireenville '",.47 p m. Kinsion 7.1-t i m. Returning leaves K'inston 7.20 a in, (Jreenvillo b'.22 a in. Arriving Halifax at 11.00 a m., Weldon 3 1.20 a m, daily except Sunday. Trains on Washington Brancli leave Wasliington S. 00 a m, arrises at Piir mele 'S.50 a in, returning leaves Panne le o.lO p in., arrives Washington 7.:i- p in. Daily except Sunday. Connecis with trains on Albemarle and Raleigh Railroad and Scotland Nock Branch. Train Ralei: leaves 1 .1 rt r . via Albemarle ;h road Daily except Sunday h:,-. mouths'. :50 p n iay :!.00 p ni, arrive Wii- S t in I '() o Tii. ' v- m, o.o m. lift nrnuig leaves Plymouth, Daily except Sunday, 0.00, a. in. Williamston 7.:i0 a m., D..5S a m. Arrive Tarboro 10. lo a m. 1 1.20 a m. Trains on Southern Division. Wilson and Fayetteville Pranch leave Fayei'e- i lie Branch leave Fayetteville .:!! i im, arrive Rowland 7.11 :i in. Return ing leave Rowland 7.:!5 a ni, arrive at Fayetteville 0.10 a m. Daily except Sunday. Train on Midland. N. C, Bianch leaves (ioldsboro-, daily except Sunday 0.00 a m. arrive Smithik-M 7.::) a m. Returning loaves Smithliold S.OO a in. arrive (io'dslioro 0.:!i a m. i!-;!'.n on .Na.-imhe ijrancn Rockv .Mount at C'.2 o m. arrivr 7.15 m., Spring Hope 7.10 i. jr.. Returning leaves Spring Hope S'Oa m.. Nnshvi!! S.:i5 am. 'po-'ky Mount 0.15 a m., daily, except Sunday. Train on Clinton branch leaves War saw for Clinton daily except Sunday at 0.20 p in., and 11.15 am. Bet'. 'ru ing leaves Clinton at S.2o a m., and :). IO ;i m connecting at Warsaw for 'Un ion . daily, except Sunday at .2 p in. and 11.15 am. Returning leaves Ciin ton at S.20 a in., and :!.!' p m.. coii at Warsaw with Nos. 41, 40, 2:5 ani 7s. Trains No. 57 South bound and. 1 1 North will stop oolv at K-k v Mr. w Hson Trail i r. i ini ,!(; am; .Magnolia. Nil i- make cinc i i nect i' i . "!i cr;dl i lint"- N ; !i daily. ,,u, at Weld-! All rail vi a kicliinonit.aiiu daily exccj.t Sunday v ia Bay I dav. with Xorf. Ik ne. also eM--;t Snn ind al! i i n imn li via Norfolk. j. r. ki-;nly, Sur'x Ti:ans. a v ; : i . r . j ' i .N i . i t Ir.XKi: i. Sri 't T. M. EMM KRSON. (iend Pus. Art. Heads r.velope.s. statements. ir culars, Blanks, Fosters, Iou.er.-, Iusine.-.5 Cards. Ship ping Tag-, iting Cards, LaheD. Recf-iit, Note, (.'heck and Draft Bo 'k?, and in fact anything you want ni the printing line, you can !'(-t a.t mm job dppice WE MAKE A SPECIALTY OF TYPE-WRITER PAPER. W E D D I N G I N V I T A T I N S . BALL AND SLIVER. TICKETS. cs?s PI V"rite for our prices hefore plac ing your order el.-eu here. S3 Farmers' Monthly Pay Roll cent each. -Price one SATISFACTION GUARANTEED EVERY TIME. A Tnn rsniTiimiMn i I ! J rl 1 Letter. Note and Bill J2T0. 0. GAMAGE. V " 'D-IDE - I. 'v.. Shell Lime, IN Drain Tile. Chimney 6X) in o o r I S. in White Cor. Main and Tenth Strer H AY L RF.Cl'.IY LD FLLL LINK F Spi-Siir i i : i : - ; m i D" Clothing, Dry Goods, Sotien Hit Mar 7 Iy ' I ll 'IS, hlil- 31111010 Hardware, AND Building or N()RI" LK, i:vi:i;v TgE HEATH W IfSf a K fi f S fT m Norfolk, - Va. MEATS AND LARD. A. .McDu'vVKLL. Pi;i -n A. II. HILL, A, ft SCOTLAN D Mm Ml M SOLD 'ITS THE A (()! NT- or ROTH INDIVID!' M !'I !:Mr nfniHljf uiuilliul We have iu.-t rer-eived a : j ; f -1 1 T Johnson's Chili and Fever Tonic It xva- ho landing Lh our-eivf.-- t!; g.i.u.i i. ; '.-v. 1 di.-e.i.-.e."! : 'ht v.:t .'.(-,) the t ca'd, ; i cvre a; 1 -' HILL- AND FEVK't. ind-RI LIOE FEVER. :5rd-TYlTlolD FEVER. PI -HEMORRHAGIC FEVER .";!)-! I ;N" i EE FEVER. Otii-M F. ASLES. Tth-NEERALGI A. Sth-LAGRII'PE. ! ? 'No v. we are wilfi' on the a!I'.e conlii(jn. Wo will guaraijtee fn,e -t'e to cure any of the , enumerated. Failing t. cheerfullv return your monrv Yoiir- truly, Scotland Neck, N. WANTED ; Several tru-tworthy ucu tlernen or ladies to travel in North Carolina, for e.-tablihed, reliahle house. Salary 7S0 and expense.-. Steady po sition. Enclose reference and self ad dressed stamped envelope The Do minion Company, Third Floor, Omaha Blda.. Chicago, 111. 11 14 tf : to to V. ,1! I , .'i'l -o w c will I Land Plaster. Pipe. Coal and L:::k o H o UJL.I - o CO o r i H mil, cS: 1 1 ! AM' M Goods r t N III i inii iUn" hi COOKE, CLARK & C9 DOOPwS .. AND 33LI1TDS, I! Paints. Oils. Bruslit iaterial i ::- ' i: i 'i i i l ! 1 1 1 v - SMITH CO., rr- f . h LAN i; - I ! I I ! . MICK, X. C 'i i inn A B' : ! ! r ' . II'",!. i ' Y 1 1 A N ! m I f j i T7:-H f nr. no ''oqplini'H lfinbiiult). Uii ui. UlUiJ i Terms verv Modern 1.. M -- i.i;v i! 1 tf .J xL- ,, -r j t. I. s -r . . - MITCHELL'S IYI--SALYE A. Certain, fiif 9, ri'l I.r-ri:- i., .- '-': SORE, WEAK, & IHFLAME ciu Producing Icrj-SJrtcJnoti, 4 .'.'':"- Cures Tear Drons.Grir.t!! !;:-? Tumors, Red Eye, i.1a:tr! Tv3 U-.'i iid rEobirnc yi m:;.r i-..) i. c yiIo, equa'.lj- j-jraci -n v.'.t-i ; "' Xn&lft, 'irii m I Irrrt. I.Tf r Tf Tomor, Kb It lI:nr, l!sr-. ! ' k, 8sMbjrtUl)rtftfim.t iCeri 1111 ly () OLD NEWSPAPERS FOR SALE", 40 cts. jer hundred. & j" MORE
The Commonwealth (Scotland Neck, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
April 30, 1896, edition 1
4
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