is, head
of a large packing company, was not assessed on personal property,
whereas he owned $43,000,000 worth of securities, which the League
specified. The League called upon the Board of Review to assess J. Ogden
Armour, one of the chiefs of the Beef Trust, on $30,840,000 of personal
property. Armour was being yearly assessed on only $200,000 of personal
property. These are two of the many instances given in the report in
question. It is estimated (in 1909), that back taxes on at least a
billion dollars of assessable corporate capital stock, are due the city
from a multitude of individuals and corporations.
[185] "The Present Distribution of Wealth in the United States":143.
[186] "Hundreds of millions of people." Not only are the 85,000,000
people of the United States compelled to render tribute, but the peoples
of other countries all over the globe.
[187] "Marshall Field's Will" by Joseph Medill Patterson. Reprinted in
pamphlet form from "Collier's Weekly."
[188] The number of men killed per 100,000 employed has increased from
267 a year in 1895 to about 355 at present. (See report of J. A. Holmes,
chief of the technological branch of the United States Geological
Survey.) The chief reason for this slaughter is because it is more
profitable to hire cheap, inexperienced men, and not surround the work
with proper safeguards.
END OF VOL. I.
(The index for Volumes I, II, and III will be found in Vol. III.)
End of the Project Gutenberg EBook of History of the Great American
Fortunes, Vol. I, by Myers Gustavus
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