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Show NO CHANGE OF DIRECTORS. iH The corporation known as the Great Republic iH has had the same President and Board of Direct- ors for several years. They have seemed to run ijl the business to the satisfaction of the majority ot IH stockholders. The credit and standing of the Company was never so high as at present; regu- lar accounts have been made; the assets of the Company have greatly increased, business men lD rate the credit of the Company as the best in the world; its manifold business is thriving every- fH where; it has never missed a pay day; all its em- H ployees are satisfied and want to hang on to their 11 jobs; the" Company Is able to so manage that I' 'H can give leases to 700,000 new workers every H year; on every hand the showing seems to be ex- cellent. The property of the Company has In- jH creased In value during the past eight years in fH the snug sum of 40 billions of dollars. Still, as H the time for the quadrennial meeting of the H stockholders draws near, a great many of them fH are demanding an entire change of officers. They j fl do not seem able to give any good reasons for HH their demand, except the one given by one dls- iH tlnguished stockholder, Colonel Watterson, who iH says "the old crowd have had control long 11 enough," and adds, "Don't bo a hog.' , vM But when these disgruntled stockholders are IH questioned closely, it transpires that they want a t change In the whole character of the manage- ! ment, and further that the men they want elected 'H are of the same crowd to whom the management IH was given twelve years ago. When the effort to fH reason with them Is made; when It is explained H that the last time these stockholders had contro1, H they came dangerously near wrecking the con- H cern; that the property values of the Company B fell off amazingly and distress was general; they H insist that it does not matter, that the weather a H was against them; that there was a succession ' H of bad years; that the markets were poor and the JB crops were damaged by smut and a great frost. 11 When it is shown them that the old crowd be- H sides keeping the people in trouble also ran the iH Company in debt $250,000,000, their answer is that , 'fH "it does not matter, the directors wore in a close ' ' H place and did the best they could." When it Is j H pointed out to them that the engineers in charge j ' H were incompetent, that they had boon out of poll- H tics so long that they did not know how to take H hold ,that all their instruments and apparatus (S were out of repair, and that they were educated jH In tho wrong school at the beginning, they will j B still stolidly answer, "you make tho change and 1 H you will see." Then, when they are asked what is j H wrong and how they propose to help things; to H explain what changes they want made; they ' H make long speeches, but they never explain, ex- 'H cept to come down to Colonel Watterson's blunt , jS statement that Those fellows have had the fat j 'H places long enough." j jJ Come to think, that is about all there Is to H the business, the outs want to be ins. It will not MB do. The Company is doing too well to permit a jflH change of directors. , H |