ade money, so
have hundreds of others here. A messenger boy in the board of trade drew
$100 from a savings bank on Monday last at 11 o'clock and margined 100
barrels of pork. To-day the lad deposited $1,000, and has $300 for
speculation next week.
"Those poor snorts who are expecting to have pork to-day to make their
settlement, paid $21. Anything less was scouted. 'You will have to pay
$25 next Saturday night,' was all the comfort afforded.
"An advance of 2 cents a bushel in wheat was also scored by the bulls
to-day. The explanation is that the several big wheat syndicates
encouraged by the action of pork have made an alliance. The talk at the
hotels to-night is that Armour has started in to buy wheat."
We have laws that forbid boycotting, and they are enforced in New York
and New Haven by two recent decisions. Financial extortion is an equal
crime, and needs a law for its suppression. Why is the metropolitan
press silent? Have the syndicates too much influence? Will editors who
read these lines speak out?
In the last _North American Review_, James F. Hudson, in an essay on
"Modern Feudalism," says:--
"The conquest of all departments of industry by the power of combination
has just begun. But the mere beginning has imposed unwarrantable taxes
on the fuel, light, and food of the masses. It has built up vast
fortunes for the combining classes, drawn from the slender means of
millions. It has added an immense stimulant to the process, already too
active, of making the rich richer and the poor poorer. The tendency in
this direction is shown by the arguments with which the press has teemed
for the past two months, that the process of combination is a necessary
feature of industrial growth, and that the competition which fixes the
profits of every ordinary trader, investor or mechanic, must be
abolished for the benefit of great corporations, while kept in full
force against the masses of producers and consumers, between whom the
barriers of these combinations are interposed."
WHAT IS INTELLECTUAL GREATNESS?
A large amount of that which the world calls greatness is nothing more
than vigorous and brilliant commonplace. Taine, who is the most
splendid writer upon Bonaparte, ascribes to him intellectual
greatness, but it was greatness on a common plane--the plane of animal
life. He had a grand comprehension of physical and social forces, of
everything upon the selfish plane, for he was absolutely selfish,
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