Show DUE TO FREIGHT RATES IT IS responsible POR FOR THE HIGH COST OF LIVING Mil liona re says that people are bled to pay dividends on nine oil lions of stock akron 0 declining iring that excessive freight rates are rc responsible for the high coat cost of living ohio C barber the millionaire clr match magnate has sent a utter to every member of con gresa gress demanding reforms in addition to the of freight rute rates he demands demand tint that liwa laws bo be passed that will limit railroad and indest al capitalization lie ile declares clarea ile the tile freight busin tsa of the railroads costs ach tach family faintly jsu W a year thia this litter latter coupled d with the othar earnings of tho the railroads ho lie as aerts has boosts the tile avs drogt rill rall road coat cost it lit r faint y to annu illy ll irber starts his ills letter to the con n with lh theme three deminds ahat bt b t la Is the tile matter with 1 ut bit Is the matter with congress chy has tho the seat of been bep transferred to aall 11 street continuing he lie says Perso nall I 1 fully the importance of stability at 0 nested rights in property corporate or lers 11 hut I 1 vigorously contend that the of excesses in the capital of cor collorato cori lorato companies for felts instantly the light tight to claim cl alm ilm fa face e value for euch such capitalization in tue tile loving of a fix tax upon the american public tor for tho the Y ament of 0 dividends upon till this water mater block stock and in thin this offense the rail ads alI always ays have set tho the pice pace concetra in the tile master minds of 0 morgan and anti flarria ninn man thi this jolley has been worked marked out to a ligety these clothed the set erne eme in tho pretty catch phrase of 0 a om am munley nitin ity 0 of Int enata and chiera set nebout to grab all the tile through trunk lines of railroad rall roid from front comat to coast they argued plausibly and with mith truth hit that h it theae these trunk lines were the avat arteries which maintained the life 0 of commerce that they warp i 1 ne cassity salty for quick transportation approximately nine billions 4 of at this billions of rall roid rota capitalization Is fictitious purely ind and simply entered watered stock upon which tile people ct of the united sattes are taxed in railroad ratta to maintain miln iain the an all nual dividends ada despite this tremendous stock wa ma bering the railway rallay net earnings hae advanced steadily and the average div rate haa has more thin doubled doublet in the file laet last fifteen years in the dividend rate akas a 16 1 C per cent I 1 last ast car ear it uve avenged raged 3 68 per cent and the railroads earned i net income of 01 i and tho P ople 1 aid the freight railroad presidents indignantly den thit that freight rates affect the cost of existence james J and AV C browne declare low nerease production by the farmer Is responsible for high prices fiut magn lies tes disagree all seek to shift the responsibility 8 S II 11 gug kenhelm says tt it la Is ince on the pirt of the laborer ogden ar at mour says it Is the law of nature thia this one iro blent of railroad rall roid freight rues Is to the kreit greit economic question of the ige age anere ere it fairly solved all other lines of commerce and trado trade would soon adjust them esthee and a more equitable cul table distria i tion of the products of business would mould result hat ire are ou going 1 to do about ftp bours oura in militant sincerity signed 0 c B |