Concentration of Wealth

Pacific Press Publishing Association · Mountain View, California · Jun 3, 1913

FromSigns of the Times, Vol. 40, No. 22.

Concentration of Wealth

One of the big corporations of the country is proposing to increase its capital stock from fifteen million to seventy-five million. This new stock is to be divided among the present stockholders by a four hundred per cent stock dividend. This prospect has caused the stock of this company to make a very material advance in price. The concentration of wealth that is in progress is quite well seen through transactions of this kind. Sixty million dollars is a large sum of money to have accrued in a single corporation, and to be ready to be distributed among shareholders in stock dividends.