The Pennsylvania has many more than
double as many owners as any other
railroad in America, having fully
one-tenth of the total number. Its
last dividend cheeks in May went to
45,500 different persons or institu
tions. Ten years ago there were 22,-
000 Pennsylvania shareholders, but in
this decade the volume of outstanding
capital stock has also a little more
than doubled, the amount being $314,-
000,000, against $151,000,000. Thus
23,000 persons have come into pos
session of (his one company’s recently
issued at $163,000,000 of new stock.
If the number of share owners in
other railroads of the country has
risen in the same ratio, which is prob
able, one conclusion is inevitable, and
it is this: The wealth of the nation
is not going into fewer hands, but is
being thoroughly well distributed.
Not only are the rich growing richer,
but the poor are also getting richer.
Security owners are growing in num
ber more rapidly than the population
* of the American republic, which is a
most wholesome sign of the times.—
Philadelphia Press.
Rockefeller must have come to the
conclusion (hat the fine of $29,240,-
000 will have to be paid, for he has
raised the price of refined oil 30 cents
a barrel. There will follow, of
course, a corresponding rise of the
retail pnce. It will rot take Rocke
feller long to make the people pay
that fine.—The Investigator.
WATSON’S WEEKLY JEFFERSONIAN.
HOKE AND TOM.
Tom Watson is complaining be
cause the governor refuses to call the
legislature together in extra session
for the purpose of having the various
“demands” of the Macon platform
enacted into law, just as if he did
not know that platforms are made
“to get in on,” and not to stand on,
after getting in.
