p. 16 | The Gravitation of Wealth

Pacific Press Publishing Company · Oakland, California · May 26, 1898

FromSigns of the Times, Vol. 24, No. 21.

The Gravitation of Wealth.

—We merely note the following as showing the tendency of wealth to gravitate to the large corporations; the lesson is obvious:

“The railroad companies own 211,000,000 acres, enough to make six States as large as Iowa. Vanderbilt owns over 2,000,000 acres; Mr. Disston, of Pennsylvania, over 4,000,000; the Standard Oil Company, 1,000,000, and Murphy, of California, an area equal to the State of Massachusetts. The Schenley Estate owns lands from which the heirs have received annually $1,000,000; 21,000,000 acres were owned by foreigners, who owe no allegiance to our government, and are not friends to a republic. What will our children own?—A right to pay rent.” —Tulare (Cal.) Valley Citizen.