ors. The Everett Savings and Trust Company
was later organized, with the same stockholders and under the same
management as the First National Bank. The control of every public
service corporation in Everett is directly in the hands of these two
banks, and, indirectly, thru loans to industrial corporations, they
control both the lumber and the shingle mills of Snohomish County in
which Everett is situated.

Everett, the "City of Smokestacks," as its promoters have named it, is
an industrial community of approximately 35,000 people. Its main
activities are the production of lumber and shingles, and shipping. The
practically undiversified nature of its economic life binds all those
engaged in the employment of labor into a common body. The owners of the
lumber and shingle mills, the owners and officials of the banks where
the lumber men do business, the lawyers representing the mills and the
banks, the employers engaged in shipping lumber and supplies for the
lumber industry, their lawyers and their bank connections, the owners of
hardware stores that supply equipment for the mills and allied
industries, all are united by common ties and common interests and they
all support one policy. Not only are they banded together against the
wage workers but they also oppose the entrance of any kind of business
that will in any way menace their rule. They arose almost as one in
opposition to the entrance of the ship building industry into Everett,
despite the fact that it would add measurably to the general prosperity
of the city, and with a full knowledge that their harbor offered
wonderful natural facilities for that line of endeavor. In the face of
an action that threatened their autocratic power their alleged
"patriotism" vanished.

In 1912 the Everett Commercial Club was organized. In the month of
December, 1915, following a visit from a San Francisco representative of
the Merchants and Manufacturers' Association, it was re-organized on the
Bureau plan as a stock concern. Stock memberships were issued to
employers and business houses and were subsequently distributed among
the employers and their employes. Memberships were doled out to persons
who would be subservient to the wishes of the small group of capitalists
representing the great corporate interests. W. W. Blain, secretary of
the Commercial Club, testified, under oath, that the Everett Improvement
Company took 25 memberships, the First National Bank took 10, the
Weye