The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1889-11-15


1ohn p. Rockefeller aud Philip D. Armour
sfe respectively the heals Of two gigantic
financial combinations, both controlling
fhe production and supply. not only for tbs
United States but for large traction of the
paselsie world, OF articles OF primo neces-
sity. While both of these combinations are
virtual monopolies. SID whIle both have
vastly snriched their Inanagers, the two
hssng IN these respects aalke. there has
heen noteworthy difference between them
as ~ The effects Of tho one ard the other on
The general welfare.
The Standard on Company. OF which
Vseekefeller 4 the managing head and pre-
kssiinR genius. wlelds tremendous and
dangerous power. OF winch liberty lowing
eitlkens NAV well feel iealaax Il has
efaahed business rivals. absorbed kindred
eAteftFless. Subsidized railroads. acquired
sfaeaal privileges. and wissssss power which
~ tew more combinations might become
4 snenacr 10 popular rsEssss and liberty.
nnl those who ara well-snfosnsd IN the
tsemisSs must admit that under Rookie
fplier's management rs 80 the general
psllslle. the results have been beneficial
rass,Sr than the reverse. Certainly the
4faen Of petroleum has been steadily and
heAyliy reduced Il Is not Likely. or al all
srysats nos esFtain. that the reduction would
&l.ave haen ~ great Il The manufacture aud
1Aals Of petroleum had heen Ia The hands Of
= large munster 81 suaI producers. The
euAstsocliua ii pipelines and making
e9srms with railways required large coneea-
1fastea 81 capital aud a pfompsness and
sEnelsaesa ot purpose and action which a
naaltsrlieity u interests woal3 have made
silsFsnoit. II nss inspossihle, Il may be that
tAs reduction "a pixies might have been
xreAses under Eeekefcllsrs management
haG tAas Il rot eersaIn. saF IN transactions
q se1h magnitude = small difference In
pssss might cover the margin hesween great
profits aud heavy losses.
~ al eseuts thls enterprise has been
sassly pFos.lahie. Rockefeller. twsaty six
years $50 clerk in = small cleveland re.
Nneey 81 - month, has acquired sos.
taae e7ssuaagsa st SIS. 0go 90. usta sn lta-
spgae II 5000 GO year. or $1,000 Tor
SSH hoas - tie day ard night. And il Is
nes elsag SAT his Sod sersane has been al
saSary 70 anyhcdy. The general pnelic Is
obtaining product At greatly reduced
pEinns. aaa the small rivals have perhaas
olsAsnea more fSs tAesr properties tAaa
shuy eassid have made cat oE saem epsF.
ssea nepasassGy.
AFnoafs saecess Is AZ equally interest
sax stuay 81 tliaxe atinx whas energy aud
snEeErrise may accomplish IN this country,
Aat Ia ats case there Is not the saEae room
- doaAt wAzthss others have net esea
snase FpoFeg By bis accumulation u
wealth. oa the eontFssy. every step Il
rs progress has heea distinct ssiaFy 10
tAa general pabite and 10 others eagsgea lss
the sanae sins IL business.
Tie sssat freight var a ISIS between the
rsslfeAaA ranniag eastward sran the Mis-
sessgi slses tAxprea Ia eesnhsnatAoa which
he ana ssw klazFsa spirits sntssva into
They esseSieS an arrangement With three
efaas Ennk hnes. - whish thev
Mesp e. Tsce those llnes all
thsss sraaspastAEsVn II regular sases.
sna thee lines 10 ssssrn agreed 10
fsre fAssa rebats ct SIS F<r carload en-
snsS sSsss IAss a8yaasAee areashs %
kxncax ane associates shs great kask 81
ths zsssla Il she NSssAwSss, AEsaoEr aaa