'.
::
MAY, 1917
The Commoner
provide In substance "that no cor
poration shall issue stocks or bonds
except for an equivalent in money
paid, or labor done, or property
actually received and applied to tno
purposes for which such corporation
was created; and neither labor nor
property shall bo received in pay
ment of stocks or bonds at a greater
value than the market prco at the
time such labor was done or prop
erty delivered; and all fictitious in
crease of stock or indebtedness
shall bo void." Idaho, Illinois, Mis
souri, Nebraska, Pennsylvania, South
Carolina, South Dakota, Utah, Wash
ington, West Virginia, Wisconsin
and Kentucky are some of the states
whose laws provide "that all fictk
tious increase or issue of stock or
indebtedness by railroad corpora
tions shall be void."
As practically all of the great
railroad corporations are chartered
under state laws which provide "that
railroad companies are public high
wovh and common carriers," and
"that the fictitious issues of stocks
and bonds are void," the threatened
crisis causes Wall street and the
railroad companies to be insistent
upon a policy which will privilege
common carriers to surrender their
present charters and take out a new
lease on life under a federal incor
poration act. Millions of dollars al
ready have been spent in making a
valuation of the physical. property of
common carriers and the expendi
ture of such enormous sums would
not have received the approval of
the public unless the public had been
assured of some worthwhile results.
The people have a right to expect
and the carriers have a right to ap
prehend that the democratic party
21
will use tho valuation of tho com
mon carriers as a means of elimin
ating tho fictitious and fraudulent
Issues of stock and bonds. Tho
platform upon which President Wil
son was elected in 1912 declared:
t'W, pledg0 our Party to securo
the interstate commerco commis
sion the power to value tho physical
property of tho railroads."
Tho Presidential Camnale-n rtnnv
on page 275 declared: "That there
were nine billion 500 million nf
water in the stocks and bonds of
tho railroad companies." Other ex
tracts from tho article contained In
the Campaign book read as follows:
"Reference to railroad over-capitalization
has about the same effect
upon railroad presidents as a red
flag has upon an angry bull. No
other charge has drawn from them
such instant and fiery denial."
"Who gets all this money? Tho
railroad presidents would have you
Delleve the widows and orphans are
the chief beneficiaries.' That is bun
combe, burlesque and rot! The Mor
gans, Harrimans, Hills, Vanderbilts,
Rockefellers and men of their stamp
are the real plum pickers."
Thus read some of tho extracts
from the Campaign Book of 1912
too on Interstate and Foreign Com
merco, issued December 2, 1916:
"Now, I say tho roaaon why you
can not adopt tho capitalization to
valuo unlosa it is dono alroady by tho
correspondence botwoon tho two is
because you would bo undertaking a
task which would result in tho fi
nancial ruin of tho world. You would
uo trying to tako hold of values
which hud boon bought and had
been distributed among tho inno
cent, investing public and trying to
affect thoso values, and you can not
do it by tho power of government
without an upheaval that it is not in
tho power of government to stem."
Thus tho real purpose of a fed
eral Incorporation act is exposed;
and while theso fictitious stocks and
bonds have been issuoil in plain vio
lation of tho fundamental laws of
tho states under which tho carriers
operated, an argument as old as tho
imperial republic of Romo, Is ad
vanced in defense oi tho lawless pol
icy of common carriers.
There was an old Licinian law in
tho days of tho imperial republic of
Romo which required that tho lands
of Italy should bo cultivated by free
labor and not by slaves; and that no
ono should own over 500
work hardships on tho present own
ors of tho land. Tho patricians ar
gued, "Wo havo inhorited thoso
lando from our fathers and grand
fathers." Tho great Roman tribune,
Tiberius, answorod, "Your fathers
and grandfathers never owned
them."
Whon It became evident, hnwnvnr.
that tho privileged class woro about
to lose they became desporato and
resorted to their usual tactics of
bribery. Thoy suborned Octavlus,
ono of tho tribunes, to veto tho
measure proposed by his colleagues.
Thus it always has boon that tho
privileged class seem to havo no con
science on tho subject of their priv
ilege History does not record ono
singlo Instanco in which plutocracy
intronched by precedent or custom
havo over voluntarily made restitu
tion to socloty of tho rluhta which
they havo despollod.
Tho iron Jaws of greed onco
clinched upon a prlvllego never re
lax until loosened by tho resistless
power of tho people
XPJZJFSZSW Plutocracy It lurt not boon on-
and signature of the present Presi
dent of the united States.
As an evidence of how tho chief
representative of the common car
riers views tho adjustment of stocks
and bonds issued by common car
riers to the real value of railroad
companies, I quota tho following
from the testimony of Colonel Thom,
found in Part 7. uaee 399. Hear
ings Before the Joint Sub-commib-
IT MIGHT HAVE BEEN
A party Of tourists worn nxnmlnlnrr
4iirrnn I tllQ CUrlaR in Uttln olmn nn n t.A.t
(acres) of land. Under tho influenco atrcet In a certain European city.
1..X 11 ... i i ... Tim nw1 .11 .! . ..
mum u.bv;u uuuiur, uubitous or maKing
a sale, picked up an ancient-looking
sword and said:
"You see, my frleids, this most
wonderful sword; thiB is the sword
that Balaam killed tho ass with."
"But," said ono, "Balaam didn't
kill tho ass; he only wished for a
sword that ho might kill hor."
"Well," said the dealer, "this la
tho one ho wished for." The Chris
tian Herald.
forced. All attempts to restore tho
law had been defeated by tho com
bined power of tho privileged class.
Tiberius, one of tho Gracchi, was
elected a tribune of the people and
he set about to revive tho Licinian
law. Tho arguments favoring its
restoration were unanswerable ex
cept in this particular, to-wlt: Tho
law had been allowed to become a
"dead letter and its restoration would
A Genuine Rupture Cure Sent On Trial
Don't Wear a Truss Any Longer. After Thirty Years' Experience I Have Produced an Appliance for Men,
women ana uniiurenjnai nciuanw uures nupiure
If you have tried most everything else, come to
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cure, showing my Appliance and giving you prices mm
and names of many people who have tried it and 2l
wjiu uuruu. At is install i ruuux wiiuh uu umuia xu.11.
Remember, I use no salves, no harness, no lies.
I send on trial to prove what I say istrue. You
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hundreds of patients whose letters you can also
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It's well worth your time whether you try my Ap
pliance or not.
OTHERS FAILED BUT THE APPLIANCE CURED
Mr. C. E. Brooks, Marshall, Michigan.
Dear Sir: Tour Appliance did all you claim for
the little boy, and more, for it cured him sound and
well. Wo let him wear It for about a year in all,
although it cured him in 3 months after ho had be
gun to wear it. Wo had tried several other rem
edies and got no relief, and I shall certainly recom
mend it to friends, for we surely owe it to you.
Yours respectfully, WM. PATTERSON.
No. 717 S. Main St., Akron, O.
RAD CASE CURED AT THE AGE OP 70
Mr. G. E. Brooks, Marshall, Michigan.
i-ear sir: I began using your Appliance ior mo
wrttKxtfStfH
imtums!SBmm:ii'-fimmmmm&
wxmaHxmisxEmb&MWA&'WMZti. k j.v-ynMmmma&zw i
i ii wwiiim iii i wi,' .W'V-." -.'-. sjfmj v Jtff.'mmi-jrcrarjjr1r.,rj
wmmxmmMmi&&m&mmmMmmmw
J.UII' oi xtupturo U naci a pretty oaa case; x muwv, T&i&izausmBuism ' TTw"-.T i. ...,..! free couDOn today.
in May, i05. On November 20, 1005. I quit using it. c. E. Brook. Inventor oi ihc i, . " VA
TEN REASONS WHY
' Yon Nhnulfl Tlimniru riTTr'nmi a imiii a x?w
VT .,-, - --., m,w w s A BtfilSM
1. It is absolutely the only AppJJance of tho kind
on the market today, and Jn Jt aro embodied tho
principle that inventors have sought after for year.
2. Tho Appliunce for retaining tho rupture cannot
bo thrown out of position.
3. Being an air cushion of soft rubber It clings
cloftely to tho body, yet never blisters or cause; Ir
ritation. 4. Unlike the ordinary so-called pads, used in
other trusses, it Is not cumbersome or ungainly.
G. It Is small, soft and pliable, and positively can
not bo detected through tho clothing.
C. The soft, pliable bands holding the Appliance
do not give one the unpleasant sensation of wearing
a harness.
7. There Is nothing about It to get foul, and when
it becomes soiled It can be washed without Injuring
it In tho least.
8. There aro no metal springs In the Appliance to
torture one by cutting and bruising tho flesh.
9. All of the material of which the Appliances arc
made is of tho very best that money can buy, mak
ing it a durablo and safe Appllanco to wear.
10. My reputation for honesty and fair dealing is
so thoroughly established by an experience of over
thirty years of dealing with the public, and my
prices aro so reasonable, my terms so fair, that
there certainly should be no hesitancy In sending
Sinco that time I have not needed, or used it. I am
Well of rupture and rank myselfamong thoso cured
uy mo crooks Discovery,, which, considering my age,
7C years, I regard as remarkable.
, Very sincerely yours,
High P6lnt, N. C. SAM A. HOOVER.
CniliD CURED IN FOUR MONTHS
21 Jansen St., Dubuque, Iowa.
iinxHelf and a beea urlnK other, for over 30
ycara. If ruprnrca, wiic -,
At Mariihall, MIcli.
REMEMnER
vorv easy to wear, fits neat and slug, and ,3"10tt ln,
tho way at any time, day or night. In fact at times
t r?jWnot know I had it on; it Just adapted itself to
tiin Rhone of tho body and seemeu to do iiu.xi.ux .
body. 2 It : clung to the spot, no matter what posi-
I send my Appllanco on trial to prove what I say
is true. You are to bo the Judge. Fill out free
coupon below and mail today.
Mr. C. E. Brooks. Marshall. MiehWn. PpM'! ?IU"B
Dear Sir: The baby's rupture is altogether cured, tion x wub m. verItablo God-send to tho un
you. if wo could only' havo known of it sooner o'tunato who suii
r little boy would not havo had to suffer near as euro the r00J j
ucli as he did. Ho woro your braco a little over They JJJ lJ
Ur months and Vm nnt -nrnrn t now for six WCCkS. My UPlu'af "J
Yours very truly. ANDREW EGGENBERGER. aid it ; Din your d word f r your
"y RreHe"l"rr: honorable way In which you - city ....
FREE Information Coupon
TAv. C, E. Brookw, 103 titntc 8t.f Marshall, MIcfc, ;
Please Bend me by mail In plain wrapper, your
. - - -.-Jn Kin RnM.flAnrl T.O tnO UU- ... A x-.i l. .l ..I1 ln..mntlnn nV.st.if vAilr :
thanks to your Appliance, and wo aro so thankful "ffhnW fSi rupture If all could I pro- g XSwfSr tho euro ofWture; ;
to you. If mvq could only have known of it sooner fortunate wn v Appliance and wear it. . A "
our little boy would not havo had to suffer near as euro uiu "tainiy neVer regret it.
deal witn rupiu ---. -- - - or strangers
Dear Sir: PerhaDS it will Interest you to know mend a gooa mmb sincerely,
euro tno arouw uj.
much as he did. Ho woro your braco a little over They JJoVall healed up and nothing ever S Namo !tX0Xtcnxrj)
four months and has not worn it now for six weeks, Jfy3vmir appliance. Whenever the opportun- -
f
uy iircDuiiua r;; -fhn honorable way in wnicn you
Appliance, and als thoeJL0iB Veosuro to rccom-
that I have been ruptured years and havo always I Danm- r. Rt Bethlehem, Pa, JAMES A BRITTON.
bad trouble with it till I got your'Appliance. It is 80 Spring St, netmexicixi,
,r JPENNSYIiVANIA MAN THANIOTUIi
w- -. Brooks, Marshall, Michigan.
R. P. D.... State.
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