| Show THE GREAT SCOURGE r OF HALF TRUTHS by JOHN OAKWOOD A pointed at a great factory who built that factory Wor workmen kment 1 he yelled who run the machines who get the profits the soap boxer told t id a halt half truth that amounted to a whole lie ile his listeners did not know that that par nicular factory typical of at thousands ot of others was a complete rehi refutation tation of the lie ile if only the other halt half of 0 the truth were told itis it Is true the factory was wag capitalized tor for a million dollars the net profits gave annual dividends ol of 6 per cent or CO to the hold ere era all that was true but it was also true that the roll mil lion dollar capital was divided up into ten thousand shires shares of 0 each the own ownership ersh of these charca was distributed among about anc thousand people several hundred ol of them were workmen in the factory they were saving out ot of their weekly wages and buying shares on the in stal ment plan they were capitalists it was likewise true that share wera were also owned by workmen in other factories tac by clerical workers and by small merchants A good many were also owned by widows and orphans w whose booe modest estates had been wise ly invested for or them by their bank ers era they were capitalists it was also true that the factory factor corporation had bad issued a million dol lars la in bonds to raise funds to bu the material and pay the wages ol of workmen workman to build the actori factory ac tory these bonds were owned as investments not only by persons ot of wealth but also b many people ot of moderate means jhc had saved out ot of their wages and sal arles they were capitalists 0 0 and it was also true that out of jhc thc th receipts of the factory before a cent was taken to pay interest on th ME bonds before a penny was used tc pay dividends on the stock a good many dollars were taken to pr wages to the workmen the workmen were I 1 t too 0 0 they were investing their strength streng str e n g g tt t and their talents and their skill in IN th factory they were getting their clyl bends out of its earning as an well at 11 pe fie el arl and 1 ra |
