WHAT'S IT ALL ABOUT
What's It All About By The Man On The Street In the Wisconsin state campaign the forces of monopoly, as usual, are making a desperate effort to eon-vince the voters of the 'necessity of electing a...
...The average business man is more inclined to lend an ear to the specious pleadings of monopoly than is the professional man...
...Earnings thus far this year are said to register a large gain...
...But what happened to him...
...He takes the narrow instead of the broad view of public affairs...
...In 1927 its sales amounted to $132,046,779...
...He busted...
...It is »aid that coming events cast their shadows before them...
...And loud was the crash...
...In 1924 National Dairy's sales were $20,180,892...
...17, 1928...
...Last May it gobbled up the Kraft-Phenix Cheese Corporation, a leader in the production of package cheese for the retail trade...
...The speaker is Herbert Hoover...
...He built a skyscraper that was accepted as a symbol of success...
...N. J. The time is Sept...
...If they cannot conduct their own business successfully it is not likely that they will make a brilliant record when trusted with public affairs...
...handles food products, including condensed and malted milk, cheese, mince meat, etc., fresh milk, cream and other dairy products, ice cream, butter, eggs and poultry...
...Monopoly knows it always fares better with business men in office, as a general rule...
...There are many wholesome things that, "don't pay"—in dollars and cents, but ore of inestimable value, because they are, things of the spirit...
...His campaign has been a revelation to the Siland-ntters and the mossback editors of the feed-box news-apers that cheer for the G. O. p. in evpry election, liable to meet, hi* clear-cut, wen-reasoned arguments gainst monopol' (hey haw sorted to their old eapon—abuse...
...but the people are back of him, Just as they were back of Senator Norris in the Nebraska primary...
...National Dairy products Corporation deals in milk and cream, butter, cheese, condensed milk and a variety of dairy products...
...In Minneapolis there was a Big Business man...
...There are several of these plutocratic colonies and the other day it was learned that steps are being taken to add another to ihe list of tax-codging spots for millionaires...
...Monopoly loves Business, especially Big Business, so it sets it heart upon getting business men into office whenever possible...
...Then the great Progressive victory In Nebraska, where Senator Norrl* handsomely won a renominatlon in the face of a torrent of abuse and the practice of ple«yuni*h politics on the part of the Standpatters, point (o a Progressive victory in Wisconsin under the leadership of Phil La Follette, the people's candidate for governor...
...Well, Herbert is a great engineer...
...So the merger craze enabled the two dairy combines to do a business last year of $628,488,472...
...Just because a man is engaged in business is no guaranty that he will make a capable and worthwhile president or governor, or any other kind of a public officer...
...Wisconsin Phil La Follette has demonstrated that he is the worthy sou of a great father, the late United States Senator Robert M. La Follette, Phil has shown himself to be an able, honest and courageous champion of public rights...
...Give this litUe item the once over: "Chicago—There "ill be no i-oatless men in the new Chicago Board of Trade building, so the building agent ha* ruled...
...What's It All About By The Man On The Street In the Wisconsin state campaign the forces of monopoly, as usual, are making a desperate effort to eon-vince the voters of the 'necessity of electing a business man for governor...
...Nearly 9.000 stockholders have put in their claims...
...Last year they jumped to $328,466,989...
...Octopus-like, they have thrust their tentacles out into every quarter of the country and drawn into their maw many of the smaller and medium-sized dairy concerns...
...A business man...
...During this period net...
...the farmer and the mechanic...
...most remarkable of all their accomplishments, is the fact that their gains in one of the greatest business depressions in all history are bigger than ever before...
...He was just the kind of a fellow that the monopolists would pick to run for office...
...No one wants to belittle the importance ot economics, yet there are important parts of our life that do not have a dollar sign in front of them...
...That is the word to correctly describe the rapid and immense growth of the great dairy combines in a comparatively few years...
...Last year they mounted to $300,021,483...
...Startling...
...Keeping up the tone and dignity of a gambling den, the grain pit, where unscrupulous men use the people's food supply as a fame to still further enrich themselves, while they sneer at the farmers and decry every effort that is made to relieve them In one of the most distressful periods in the history of agriculture...
...by reason of his training and experience, thinks in terms of cost and profit...
...He is continually asking...
...The other day came the sad news that the assets of this great man's combine will be only about S500.000...
...For the first six months of this year net income after preferred dividends leaped to nearly $13,000,000— a most remarkable gain...
...The result has been a tremendous increase in business and an almost fabulous jump in profits and assets...
...It distributes its products throughout the United States, Canada, Europe, Central and South America...
...The receiver has announced that they will receive NOTHING...
...instead of inquiring, "How much will this benefit the people...
...In Nebraska the great corporations, including thf Pmrer Trust, fought Norris bitterly...
...In Milwaukee there is growing resentment against business men who make their money in the city but who establish their residence out in the country in the lake region so that they will not have to bear their fair share of the taxes that are raised to conduct the affairs of the municipality that gives them fire, police and health protection and other benefits...
...Why doesn't he cut off that corner and give prosperity ft chance to envelop all of us...
...Even the Janitors and brokers' messengem must keep their coats on, the agent declared, 'to keep up the tone and dignity of the structure.' " Isn't that rich...
...while the debts tower to an amount exceeding $10.000.000...
...The unsecured creditors can expect only five cents on the doltiar...
...There's a reason, of course...
...A mighty chorus of weeping was heard from the thousands who had invested their money m his supposedly booming enterprises...
...He was looked upon as a genius...
...In Wisconsin the same sinister forces are arrayed against Phil La Follette...
...There are exceptions, of course, to prove the rule...
...In his speaking tour throughout...
...The Borden Co...
...Voters with common sense will turn a deaf ear t« monopoly* entreaties to put business men into public office and elect true representatives of the people, men whose only Interest will be to see that the rank and file get a square deal...
...His business was expanding year after year...
...People who are wise are not fooled by the plea of the exploiters to put business men in the high places of public trust...
...This view is not calculated to better life in any commonwealth or any community...
...income increased from $7,154,445 to $20,403,725, and its assets went, up from $75,002,530 to $174,046,337...
...He says: "Continuous employment and prosperity of labor depends upon the continuance of those (Republican) policies...
...This glittering corporation was a member of the Power Trust, which is the biggest Big Business in the country today...
...He nas made it clear that he will be the people's governor the citizen* of his native state summon him to that reat trust...
...What will it cost...
...Trie scene is Newark...
...Every week of the year hundreds of business men fail...
...And...
...And ever since Herbert has been in the White House he has been telling his discouraged countrymen that "Prosperity is just around the corner...
...He was engaged in a far-flung network of public utilities...
...That's Big Business...
...In the same period net income, after all charges—including depreciation, interest and taxes—increased from $2,002,731 to $21,579,176...
Vol. 1 • August 1930 • No. 38
