p. 11 | Increasing Wealth

Pacific Press Publishing Association · Mountain View, California · Oct 18, 1910

FromSigns of the Times, Vol. 37, No. 41.

Increasing Wealth.

One of the signs of the last days is the piling up of riches, of which an apostle speaks so emphatically in James 5:1-8. How this stands out in a recent editorial in the New York World in which the house of J. P. Morgan & Company is spoken of as controlling and influencing capital to the amount of ten billion

dollars and more. Even the great Beef Trust with its control of five hundred million dollars capital had to yield when the ten thousand millions spoke. The Beef Trust objected to higher freight rates; the great railway money trust demanded that the freight should be paid, and the Beef Trust will pay it. But it is pointed out that the consumer will find it with certain other frills and furbelows added to the cost of his dinner. And the writer of the editorial well remarks, "There is hardly a limit to the power of one man in this country if he chances to control ten billion dollars."