The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-06-10
$2S,OOO,OOO.
Continued from First Page.

and their capitalization at 81, 900, 900, The
McAvoy, Wacker d Birk brewerles, oil
Chicago, followed suit with 80, 0OOO 900
capital, and l.. W. Noigt's brewery in De-
troit at SS00,0O0. Frank Jones disposed
OF his Portsmouth, n. H., and Boston
breweries TO London parties NJ S6,3OO,OOO
George Ringers brewery in this city
changed hands at S0j0,000. A few weeks
AGO the breweries OF Christian Treiz, Colt
fried Kruger and Hauck d Co., of Now
ark; George Hupfel, OF New York,
and the Albany Brewing Company, OF
Albany, were consolidated and capitalized
for S5,300,0O0, the principal purchaser
being the banking house Of Gibbs d Co.,
OF London. Efforts have been made TO
secure George Ehret's. Anheusor. Busch's
and the Philip Best breweries, fabulous
sums having been offered for the plant
and good will. Other brcwerics are ox-
pected to change hands within few
week. negotiations for which are now
pending The total investments OF Brit
ish capital in brcweries at present are over
$50, 900, 000 When the brcweries have
been exhausted other fields will be en-
tered.
MONOPOLY or INDUSTRIAL CONCERNS.
One Of the agents OF the British capital
lists in this country claims to have $4,000.
600 TO invest in industrial concerns"
such rs the patent rights on machinery
and businesses where there is a certain
monopoly, either OF the name or some
other right. Among those he represents
is the Industrial Trust Company, OF Lon
don, capital ej, 900, 600 and the Foreign x
Colonial Debenturc Association, capital e.
600 600.
English capital has been secured TO
operate the Harvey Peak tin mine, in
Dakota, which Is the first OF lis kind in the
United States Samuel Uniormcyer IN The
American President and Lord Thurow is
the chairman Of the committee OF English
stockholders. The company owns thirty
miles OF land, 'and Si0OO.OO was put up
In London. There is not yet any protoc
ton on tin, and the product Of the mine
will have TO compete with tho Cornwall
article.
There is high protection, however, on
cotton thread, and when the Republicans
built that wall TO shu; out British manu-
lecturers representatives OF two of the
largest houses in Scotland were sent hero
90 establish factories. George u. Clark, Of
30. y. T." fame, built factory in New
ark, y. j., aud the Coates did the same in
Pawtuckci X. |. Together they have
about Si.OO0,00O invested, and ure loud In
their allegiance 10 the American idea" Of
high protection, because they virtually
control the market
Within few weeks an announcement
has been made that an English syndicate
has subscribe the necessary money 10 CONF
pleie the North River Tunnel. as other
aliens built the 81. Louis bridge. Tho
amount subscribed for tho tunnel was
g, 100000.
In every State in Which there are coal
aud iron mines British capital has been in
vested, from Alabama in the South TO Wis.
consin in the Northwest.
These facts are only those on the surface
which any one could obtain II the entire
British aud other foreign holdings of real
estate and other investments could bo OBJ
tanned. those who believe IN America for
simcricans," who have an idea that those
who participate In the advantages OF this
great country should also tako in the re.
sponsiblilies Of citizenship. would demand
even greater restrictions ON alien owner.
ship than now exist in this aud all other
States As Il Is, the ll0dd has been able
TO collaic sufficient evidence TO show tho
tendency Of alien foreigners 10 oncroach on
our possessions aud to lay the present and
future generations under tribute, to enable
them 10 live In luxury in their own coun.
tries.