Haha, sounds like we might have to agree to disagree on this one.
Copyright is much older than 1904, though! It dates back to the printing press, when it became necessary because the new technology made it possible to benefit off writers' work without compensating them, which made it hard to be a writer as a profession, even though we want people to be able to do that as a society. Hey, wait a minute...
That seems bad but also not super relevant to the point under discussion! Unless your point is that it's bad when a cultural commons is exploited for business profits -- in which case, I agree, but, well...