70 Year Magazine Archive

The Octopus—1957

by Sam M. Jones

Faced with the prospect of federal curbs on its irresponsible power, Big Labor is closing ranks and preparing for a bitter finish fight

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“They aggregate to themselves great, enormous wealth by extortion… They pursue, unmolested, unrestrained by law, their ceaseless round of peculation under the law, till they are fast producing that condition in our people in which the great mass of them are the servitors of those who have this aggregated wealth at their command.”

This indictment might have been uttered yesterday; and there would be no difficulty in identifying the target. The shoe fits Big Labor, but it was fashioned long ago for another ruthless foot. The date was 1890. The debate was on the Sherman antitrust bill. The subject was the “trusts.”

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