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Updated: May 7, 2025
Combined with the great growth and prosperity of the cities they furnished a fruitful opportunity to several particularly famous groups of financial adventurers. They led to the organization of "syndicates" which devoted all their energies, for a quarter of a century, to exploiting city lighting and transportation systems.
"Bond syndicates will no longer be formed to corner the people's money, that millions may be squeezed from the public treasury. "My fellow-countrymen, this is indeed a great day. "The full story cannot be told you at a single meeting. "Know that you are once again free men, not in name only, but in reality; that your children will never suffer the degradation through which you have passed.
Thus his spiritual comfort is subtly and indispensably linked with his material comfort. There is nothing new under the glass roof of the House of Commons, not even the balloting syndicates, of which so much has been heard since the Session opened. Fifteen or sixteen years ago the Irish members astonished everybody by the extraordinary luck that attended them at the ballot.
It sees that the present workers, acting as syndicates or otherwise, are incompetent to own and control and manage industry because they propose to treat capital as the natural enemy of the workers. There has been but one conclusion possible.
His passion was for Sunken Treasure Syndicates, formed to recover golden ingots from ships of the Spanish Armada; for companies that set forth to harness the horse-power of the sea to the services of commerce; for optimistic companies that discovered radium mines in the Ural Mountains anything which promised a steady three hundred per cent. per annum on an initial investment had an irresistible attraction for Mr.
The headlong stampede to the new place; the money dashed down like counters for merest daily bread; the arrival of the piled cars whence the raw material of a city men, lumber, and shingle are shot on to the not yet nailed platform; the slashing out and pegging down of roads across the blank face of the wilderness; the heaving up amid shouts and yells of the city's one electric light a raw sizzling arc atop of an unbarked pine pole; the sweating, jostling mob at the sale of town-lots; the roar of 'Let the woman have it! that stops all bidding when the one other woman in the place puts her price on a plot; the packed real-estate offices; the real-estate agents themselves, lost novelists of prodigious imagination; the gorgeous pink and blue map of the town, hung up in the bar-room, with every railroad from Portland to Portland meeting in its heart; the misspelled curse against 'this dam hole in the ground' scrawled on the flank of a strayed freight-car by some man who had lost his money and gone away; the conferences at street corners of syndicates six hours established by men not twenty-five years old; the outspoken contempt for the next town, also 'on the boom, and, therefore, utterly vile; the unceasing tramp of heavy feet on the board pavement, where stranger sometimes turns on stranger in an agony of conviction, and, shaking him by the shoulder, shouts in his ear, 'By G d!
If the forces at work in the United States for the establishment of syndicates, trusts, and other forms of monopoly, show themselves equally strong in England, the inevitable result will be an acceleration of State and municipal socialism.
"It's the syndicates that have done it," was a Mrs. Elliot's opinion. "When one man owned a paper he wanted it to express his views. A company is only out for profit. Your modern newspaper is just a shop. It's only purpose is to attract customers. Look at the Methodist Herald, owned by the same syndicate of Jews that runs the Racing News. They work it as far as possible with the same staff."
There you could find cause to fight, in order to make your boats pass before others. There the Government might really interfere to keep the traffic in order. Yet it is not so. The Dutch settled matters in a more practical way, long ago, by founding guilds, or syndicates of boatmen. These were free associations sprung from the very needs of navigation.
Only news syndicates could stand the expense-account of a field man in Lunar City. And then there were Jones and Dabney and two other figures apparently brought by Dabney. There was, of course, no sound at all on the moon itself. There was no air to carry it.
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