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"V. J. ROUSE, Editor.
ER1V. $1.00 PEP' YEnl-'"
n'.ereil at tf.f
"THURSDAY, OCTOBER 17, 1912.
Thomas R. Marshall
Elliott W. Major
Win R Painter
For Congress Second District
W. W. Rucker
For Stat i- Senator
Robert S. McClintic
For Seei et !i y
For State Am
For State Treasurer
E. P. Deal
John T. Barker
For Judge of Supreme Court
Henry W. Bond
Robt. F. Walker
Chas. B. Faris
For R. R. Commissioner
James T. Bradshaw
James P. Boyd
John T. Glasscock
G. K. Lewis
W. M. Meteer
For Prosecuting Attorney
A. T. Stewart
For Judge Eastern District
B. F. Vaughn
For County Surveyor
M. W. Caldwell
P. G. Msrr
John A. Wilson
For Constable Monroe Township
H. A. Graves
Notice of Final Settlement.
All creditors and others interest
ed in the estate of Joseph A. Adams,
deceased, are notified that the un
dersigned Executor of said estate,
intends to make final settlement o:
said estate at the next term of the
Probate Court of Monroe County,
Missouri, to be holden at Paris, in
said County, on the 11th day
WILLIAM W. ADAMS.
Meriwether &. Meriwether,
Attys. for estate.
Davenport &. Mahan make Farm
Loans on best terms tf.
Notice of Final Settlement.
All creditors and others interest
ed in the estate of James W. Hen
derson. deceased, are notified that
the undersigned, administrator of
said estate intends to make final
settlement of said estate at the next
term of Probate Court of Monroe
County, Missouri, to be holden at
Paris, in said County, on the 1 1th
day of November, 1912.
Meriwether &. Meriwether,
Attys. for estate.
Dr. Hornback Oculist and Aurist
J. S. Gainer of Howard County,
Mo., writes to Maddox &. Son, Mon-
roe Chief has been a great wmner
always receiving the applause.
This horse was purchased of Mad
dox fit Son last spring.
Plutocratic vs Proletarian Socialism
President Toft expressly gives as !
tip reason for Federal inoorpora- j
lion of the groat business concerns .
that they wo iid thereby be protect-
ed ' against harmful vexations and
annoying invasion by the States."
(See his message of December 5,
1911, last week ) The proposition
is to abolish state control - to shield
the trust from state laws and state
courts to render them immune
from all state regulation.
Think what this means!
The concerns to be incorporated
already do 90 per cent of all of the
business of the country. As said
by President Roosevelt, the scheme
embraces "practically all ot the
Certain it is that nil of the big
monopolies wr.uld run at once to
the cover of Federal incorporation.
Among those thus seeking protec
tion would he:
1. Railroad, telegraph, telephone
express companies, and other com
2. All racking, stock yards, ele-
Hor and other companies engaged
in handling hvestocK, grain anu
other food products.
3. All the great factories, plants
mills and wholesale and jobbing
4. The banks, trust companies
and bond and mortgage com
The Standard Oil, the Steel Trust,
the Harvester Trust, the Copper
rust, and all the other trusts would
seek shelter under Federal laws and
federal courts to escape "state in-
terference." They would be empow-
ered to enter every sovereign state
and defy its laws and authority,
hey would have at their back fed-
eral judges, and United States Mar-
shals, ardUhe Army and the Navy,
he state courts and state nolice
and malitia would be made to serve
and protect them.
The abominable and infamous
scheme originated with the great
It was devised by them to escape
the dangers of criminal and civil
nenalties imnosed unon bv existing
, r -
The President of the Steel Trust,
Judge Gary, swore before the Stan-
ey Congressional Committee that
he approved the plan.
Andrew Carnegie, who made
$200,000,000.00 out of the organiza-rm
a. ' - e -i Oi i n . a. i
tion of the Steel Trust, is on record
te the same effect.
Pierpont Morgan advocates the
George W. Perkins, who organiz
ed the Steel Trust, and the Harves
ter Trust; who looted the New York
Life Insurance Company of $48,'
702.50 to reimburse himself for
money advanced to Mr. Roosevelt's
campaign; who is now Roosevelt's
manager, and who was a burning
and shining light in the Bull Moose
Convention; leads in the idea
In an article contributed to the
North American Review (February
number, 1908) entitled "Corpora-
tions in Modern Business" Perkins
rflpnmrnonrla natinnal cnnorvician
f the Kirt mnrotmnc n tha
ui liivj uic i.iii uuiuliuuu uia a.ui-
ground that this would make them
immune from state control, and
boldly claims that such supervision
would be of the greatest possible
In the Chicago Evening Post of
August 5th. 1912, will be found an
interview with Mr. Perkins in which
he explains that his support of
Roosevelt is due to the .latter's
6tand on the trust question. In
this interview he says:
The Roosevelt trust proposition,
in opposition to that of Senator La
Follette. is that the big corporation
is a natural development of indus
try. Senator LaFollette on the oth-'
er hand, has adopted the view that
the only hope of getting fair treat
ment for the consumer islto keep
business in small units and trust to
And Mr. Roosevelt stan9 by
In his speech at Boston, April 27,
1912. while naming the Republican
progressive that were supporting
him, he was interrupted:
(A voice: "How about Perk-;
"Roosevelt: He is for me
You can guarantee that after he j
has supported me and I have ac- '
cepted his support. I won't repudi- j
ate him afterwards."
The Taft-Roosevelt remedy then
is the identical remedy favored by
the trusts themselves It is to be
wondered that the trusts are sup
portidg these candidates for the
They are all tarred with the
What the Taft-Roosevelt-Trust
Promoters Remedy means.
The remedy thus agreed upon in
its last analysis is seen to be the
rankest Socialism not the social
ism of Debs but that of the "House
of Morgan" rhe Socialism of Plu
The proposition is the govern-
ment shall take control of private
business for the benefit and pro.
tection" of the owners of the
If we adopt this plan, we will
have corporations chartered by and
under the protection of the Federal
Government, all immune from the
authority of the laws of the State
one controlling all the iron mines.
furnaces and mills; another the
copper mines, mills and business;
another the oil and gas production;
another the lead and zinc output;
another the cotton and woolen mills
another the food products; another
the packing and cold storage dusi-
ness; another the railroads, anoth-
er the bank and trust companies,
and so on until all of the natural
resources, the marts of trade, the
transportation system, aud the cir
culating medium vill be controlled
by a few huge monopolistic corpo
rations with interlocking director
ates dominating all business, and, if
unrestrained, fixing prices and de-
spoiling the people at will, ine
country Will De plundered as were
the Roman provinces under the
The owners of these corporations
will be industrial overlords, the
people industrial slaves, cowering
before their task-masters, without
patriotism, without manhood. They
dil gink intQ a condition
of servility, ignorance and immoral
ity; the wheels of progress will stop,
civilization decay and our proud
government, rotted by vice and cor
ruption, will fall as fell the Repub
lics of Greece and Rome.
But we are told that we can es
cape the catastrophe by regulating
the monsters after we have charter
ed them. Such is the theory pre
Is there a man born of woman so
great a fool as not to know that
such a combination of monopolies
would speedily control the govern
ment? We will be but creating
Frankenstein monsters, only to
have them turn and devour the
government which gave them ex-
But if it were possible for the
Government to control the trusts
what kind of control would be
necessary. Manifestly, if the con
trol is to be of any avail, the Gov
ernment must fix the prices of the
trust products, because, being mo
nopolies, if the price be not fixed
by government, they may rob the
neonle at will.
In order to regulate prices and
profits, the government would be
required to take into account.
1. The amount of capitaliza
2. The cost and annual deprecia
tion of the plant.
3. The loss incurred in business
4. The amount of wages.
5. Salaries of officers.
6. The cost of raw material
7. The expense of distribution,
8. Management of the business
In addition, it must decide.
9. What is a reasonable profit
on the capital invested.
10. What interest must be allow
ed on the water in the stocks and
To protect the public, it must al
11. That business is efficiently
and skillfully conducted.
12. That there is no unnecessary
waste or loss.
13. That the wages of the em
ployes are not too low, and the sal
aries of the officers ate not too
This is management. Absolute
control without management is im
possible. Worse than Debs' Socialism..
Socialism is management of pri
vate business by the government.
Management lor the plutocracy is
plutocratic Socialism; management
for the workers is proletarian
Plutocratic Socialism differs from
prolectarian socialism only in this:
that in theory, in the former the
public manages private business
for private ends, and the latter, it
manages it for public ends. In the
one the profit goes to the trust own
ers: in the other, to the workers.
Of the two, is not the latter far
If we are to have Socialism, why
not have the genuine Karl Marx
Debs article, rather than the coun
terfeit, pseudo-Socialism proposed
by Taft, Roosevelt and the trusts.
Karl Marx beheld a vision of indus
trial liberty and plenty. It seems
hardly fair to permit Perkins and
Morgan to steal- his dream and
transform it into a nightmare of
industrial slavery and starvation.
From Speech of Senator James A.
Reed at St. Louis, Sept. 25.
Now what if the farmers of this
state should retaliate against the
city chaps who are responsible for
this bmgle lax agitation by having
a constitutional amendment sub
mitted providing that all the taxes
be removed from real estate, re
quiring an assessor's stamp on notes
and bonds and other changes that
would make the city non-producers
pay the taxes and leave the coun
try producers tax free? Wouldn't
there be anothor cry of "save St,
Louis" rending the air? Gallatin
Have your Watches, Clocks
and Jewelry repaired at Bebb's
Jewelry Store. All work guar
If you want to buy a horse, cat
tle, sheep or hogs advertise in. the
R. B. KIDD,
Satisfaction guaranteed, will tfo any
where. A trial is all that is asked-
Monroe City, Missouri.
DR. J. S. HOWELL
Eye, Ear, Nose and Throat
Rooms 401-2-3 Hannibal TrUBt Building
J. T. LEE
Will cry sales in Marion, Monroe,
Ralls and Shelby counties.
Bell Phone to Ely.
JAMES -T, SANDIFER
Monroe City. Missouri
Ryan's Low - Prices!
Men's and Misses'
Children's and Women's
Every Day Shoes:
10c, 25c, 50c, 75c, 95c
Forty-Five Large Bins to
RYAN SHOE CO.,
207 N. Main St. Hannibal, Mo,
W. T. RUTLEDGE, Dentist
The saving of teeth a specialty
Office in Redman Block over Va
riety store. Phone 56.
W. B. A, McNutt, M. D.
Office over Wood's Drue Store.
DR. J. N. SOUTHERN,
Office over Rogers & Thompson's store.
Telephones: Residence F. & M. 840. Bei
!5S. Office: Bell 56.
R. S. McOLINTIO
Olfloe over Monroe City Bank
Monroe City Mo.
Dr. J. D. HCOBEE
Osteopathic ' Physician
Ollluc: IVocU.r Building
Monroe City, Mo.
"hone V & M No. 195
Farmers and Merchants Bank
Monroe City Mo
H. HAGAN, President.
WM. R. YATES. Vice-President
W. R. P. JACKSON, Cashier.
W. M. PATTERSON. Asst. Cashier
W. W. LONGMIRE. Secretary.
Dr. J. B. Corley. J. D. Robey ,
John Shearman, W. W. Longmire,
T. M. Boulware, W. M. Carrico.
Foreign Exchange Bought and
New business desired and unex
celled Facilities offered.
Meriwether & Meriwether,
Attorneys at Law
Will practice in all courts. No
tary Pub 1 1 in office.
R, L, BUELL,
Surgeon. Calls promptley answered
Office: Elliott's Livry Barn.
F. & M. Phone 262. Residence,
S. C. Hampton,
Monroe City, Ho.
Deeds and other legal instruments (It
Use the TRAVELERS
PRICE 25 CENT8
431 S. DEARBORN ST., CHICAOO
DR. U. S. SMITH.
2nd Floor Trust Bldg. Hannibal, Mo.
Practice Limited to
Eye, Ear, Nose and Throat.
M. B. PROCTOR
J, S. RUTLEDGE!
Thos. Proctor, D. R. Davenport, J. J.
Brown, P. W. Huston, W. B.
Arnold, A. Jaeger, M. B.
W. T. YOUELL
Monroe City, Mo
Headquarters at the Democrat