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Newspaper Page Text
ITHE DAY BOOK
N. D. COCHRAN
EDITOR ANI PUBLISHER.
500 S. PEORIA ST. CHICAGO. ILL.
Tolonhnnoo Editorial, Monroe 2S3
Circulation, Monroe 3630 II
Subscription By Carrier in
Chicago, 50 cents a month. By
Mail, United States and Can
ada, 50 cents a Month.
Entered as second-class matter April
21. 1914 at the postofflce at Chicago.
I1L, under the Act of March 3, 1879.
RATES AND RAIDS. On the
plea that the eight hour law for rail
road workers will increase operating
expenses the companies are demand
ing a 15 per cent increase in freighf
The new law hasn't gone into
effect yet, but they want the rates
hoisted now. Nobody knows how
' much operating expenses will be in
creased, if at all. That makes no
difference. Give us our 15 per cent
advance and give it quickly.
Fifteen per cent increase in' freight
rates will be 30 per cent increase in
the cost of living by the time it gets
to the tables and weekly bills of the
" workers and producers.
That would mean that the railroad"
workers would have to ask for an
other increase in wages, otherwise
they would be worse off than before.
Whereupon the railroad companies
would pry up rates again and repeat
the old situation.
This kind of thing has already
happened twice in our history and is
likely to happen again and again.
Every increase of wages in either
the railroad or coal industry (having
about the same ownership) is follow
ed by a much greater increase in
prices to the public.
Forty per cent of the railroad stock
in the United States stands in the
names of 3,000 corporations, firms
When these come to be examined
for duplications it appears that 40
per cent of our railroad stock is in
the hands of two groups of financiers
in New York city, who own or con
trol two-thirds of ourimportant mile
age. It is for their benefit that freight
rates are to be increased again. Not
directly for the sake of increased
dividends but for the sake of opera
tions in railroad securities, which
furnish the greater part of their
We give and give to these influ
ences, tribute upon tribute. Wouldn't
it be reasonable to ask now and then
what we ever get from them?
THERE ARE SEVERAL ITEMS.
U. S. dep't of labor announces that,
such has been tne rise m cost or iooa
the workingman who drew $3 per
day ten years ago now, finds himself
just 69 cents a day worse off.
This may be the status as to food,
but-food is only one item. The work
ingman not only eats, but he also
wears clothes and pays rentals. Add
the increased cost of these items to
the 69 cents and you get some con
ception of where the workingman is
at. The workingman is .something
more than all stomach.
o o llfr
I made all my money by never buy
ing at the bottom and never selling
at the top. Lord Rothschild.
As war economy Texas women's
clubs declare for simplicity of dress;
To save our lives, we can't help but
think, occasionally, that war is not
Soldiers of fortune: Stockbridge,
Mass., militiaman, refused furlough
to marry, leaves armory at midnight,
weds and returns in afternoon. Pri
vate at Freeport, 111., gets furlough,
obtains marriage license, and then
girl changes mind
1 ,u .-. , . .xAy