The Forrest City times., 1890-10-25
THE MCKINLEY BILL AND TnE
 TRUSTS.
St. Louis Republic.

states which passed them. The method was
 exceedingly simple The trust. composed of
 say one hundred corporations, finding all
 concerned in 1t liable to imprisonment for
 conspiracy by several of the states, simply or ganizcd the conspiracy into a corporation un-
 der the protection of the state. either of the
 one legisating against it or of some other. As under the federal constitution one stGte
 must give full credit 10 the acts of another,
 Missouri cannot arrest as conspirators under its antitrust laws those who have organized
 their conspiracy of one buudrcd corpora | tions as single corporation under the laws Of New York.
 After the democratic defeat in 1888 the
 movement for the incorporation of all con
 spracies in restraint of trade wont on with ! great activity, not only because of anti-con-
 spiracy legislation in tho states, but in eN-
 pectatiou of the passage of tho Mckinley
 bill. raising the tariff and giving all con l spIracics against competition greatly in
 creased opportunities for profit. The general
 public does not realize the extent of tho
 movement From data in hand, preserved l from day to day during not quite two years,
 the Republic is convinced that the capital ] stock tiucludng water on which the con
 sumcr must pay dividcnds) now involved in !
 states. and under the common law of all are l conspiracics against trade and the public
 welfare. is in excess of ss.ooo0oO.oco. or over
 two-lhirtls of tho entire manufacturing capi-
 tal of isso We give below synopsis of this
 conspiracy movement towards centralized
 incorporation as it has been recorded in our
 tclegraphic columns since the inauguration
 of Harrison Nearly al of tho dispatches l tl,. ;,,rn ,sy ,c
 condensed are those of the Associated Press. which appear in republican and democratic
 papers alike. For tho sake of convenience,
 wc still call these conspiracies trusts. :
 though. as above stated, they have generally
 incorporated to avoid the penalties of state
 laws. That the public may judge of the re-
 turn made by the republican leaders in con
 gress for the corruption fund of lsoo we set I against the name of each conspiracy the
 amount of protection" or bounty 1t has
 been authorized by the Mckinley bill to col 1 icct from the consumer:
 Irvine Trust -Compo.ed of ;2 corporations.
 organized under the laws of New York as a | s.ngc corporation American Cordage
 Company Protected under the Mckinley bill hy a tax of sl0 ton on competing twtae; 1 on other forms Of oordaHe, up to Si n hum
 drcd pounds. Organization completed about l March. isSa.
 l sugar Trust HcorpnniEed in October, lsst'. i as The SuiTr Retinerles Company, with
 capital stock of Sjn.6HiNn heavily watered.
 thc ostiinated value ot the property of the
 corporations in il being s2,all.Wo It con
 troilcd 70 per cent. of the American cnnsump- ! ton ot rcitned sugar in ie~. Protected against competition under the Mch inlcN hill i by tax ot sls ton on connecting retaea st'- l gars; anu hy The Sanc hiii relieved from the 1 payment at all taxes on its faiw material | B'rhod Niro Trust Proteeiod against com D, [ ton by n tax of from 8i-, to ss.0 ton on ' tgps, " f.f1 n 1 izcJ by John NJ. Gates. of St. Louis. aud
 others in November. Is <, as The Federal | coi porntioas at St l'ouis Harrington. Sa- | leu. Cincinnati, brooklyn and utAcr ruials, l Capital stated nt sl3.w@.Vup.
 l Wire Nail Trust -luVolycd with the above. Protected unde, the Mckinley hilt tS taxes 1 Ut from Ss1 10 S59a ton ou cempetsuS wire l naiis
 l Wire Rod TIust-In Involved with ahovc. and l embracing nine Wilis ut reports in ja'y. ls'a l lrutJ CtlNfl, Sis Il ton.
 Stcel rrasts- Bcsscmcr Steel Association ] embracing makes Of heavy blooms and siass 1 Merchants Steel Association. hai-h0i steel: l Western steel, nf q Igl; onto Sie's'. Coasns- 1 nation organi4ed by English eaMial f'sss l tcctcd hS t1Nes 0p to slsl on each si oi V"i '
 in competing products.
 Forge Con- pa lics' Trust Reported by ! American Man lfactnrer NoNcnhcr. issa i embracing VI per cent ot works. Protected under Nckiuicy nill lay taxes of % a ton oil
 competing products
 Mineral Water Trust -0rganiaatian rcpcrf. | ed November, lsSi, representing capital of | Ss5,0p0f9, SJia Water frtist, e;uhravlng siN. | teen corporations, reported DeeciHpcV 3l, 1 lSSa Protection for srta these trusts under | Mckinley btit from ten cents to twenty
 cents dozen en competing aoads lin SYEde3te OrGriscd ia California iu l ,SSa by English capital.
 l Tin plRtc Trust tlrrNnfIed ns pOitt cut | conspiracy h lsSS Protected in lss9 by tax
 ayuinst cumroilpn ot si4 tpn.
 jteoted under the Mckinicy eih hy taxes iHeNtuSt competition of from Stu tO siOl a ton 1 Ruuocr Boot aud Shoe Trust Protected l rnder the MckiLlcy~ hiu hy taScs ANstiust competlon of al and ai ceats ou the sl of
 value in competing goods. Tho organization i ol thts trust WIS reported From Boston on i August 2, iSsA, part of thc chpiNu fur.
 nisned being that ot an Eeglish syndicate l Among tho corporations engaged were the 1 Goody ear, Metallic. Candee. Colchester, Eoa. | ton. Amer can. WoonSocket and Glrvc nuai-
 Der ot others. The English interest. based on
 tre purchase of New Jersey mills. was stated 1 At S,~1 .009. On February inst the trust de~ | ccd on m advance of n pcr cent. | Mechanical Rubber Goods T,ust-r,uteet-
 ed against competition under tho Mckinley | hill hy taxes of " on the slu0 in ys,iae ot l oonlpetinR eoot,s. These corporations met in 1 Now York, May gi, and advanced prices on ! hose and rubber hcltiaa from 10 to 2b per cent, as announced by telegram Of tnGt l date.
 l Canned Meat and Dressed Beet Trust Of 1 New York ~olganiEcd by the tastmans iu l connection with the Bells of Liverpool and 1 Cntl,n Trus; Protected against compcti | ton under the Mckinlcv hfll by a tax ot K | cents on caeh sl of value in oampei.ug collins, i At last reports on October |. lN'2. this c9n- spirglcy embraced Go corporations. l Ftpcr Trust Report hy cable June q. issa.
 ofoomainatlon hetween English and Ameri l Cotton Oil Trust Protected against compc- l tition by tax of ia cents Il gallon on compe- 1 ting imports, Reorgaulzcd as q single corpora- | tton under New York laws in October, 1>Sa | Embraces hundreds of subsidiary corpora-
 tons, and is heavily watercd.
 Linseed oil st-protccted under the Me kuley bill by a tax of 25 cents on tho q | a9ainst competition.
 1 Rutchers Supply Protected by various futes up to i50 per cent. Organixa. | ton reported from Chicago April r. lssa, l Cracker Cake and Biscuit Trusts Two re- ported. one eastern and ono western; both
 of Illinois. Embrace all the leading cracker i and hiecnit corporations ot the whole coun-
 try. Capital not stated, but will aggregate over Si1.1n,foD, Protection S5 per cent or | higher. according tu article.
 | Coke Trust, of Pennsylvania Protection
 g5 per eent. Organization reported septcm- | her {. lSsy. Embraces l, ,i0a coke ovens. ] The Shot Trust Protected by Mckinley
 with tax of Va cents pound on competing
 shot. This trust embraces the 10 shot towers | of the country. aud it's alias is The Anori. can Shot Assaclation," capital sSgsa,l IL | Is organized as a corporation under the laws of Illinois. Alex kusion. who organized il, was also one of tho conspiraters in orgauix- | Ing the next stlccceding trust helaw. The Liu~eed Oil Trust ehfnioy pruteo- lion v cents a EAtnh Ihts nrst has it's | headquarters tn Chicago aud virtually con | trols thc market Somo of its organizers arc
 accouiplioes lu the white lead trust as wolf as | in the shot trust.
 The Label Printing Tfust-prosectlo 5 ! cents lax on tho $i ot ,aiuo in competing | guods. Organized in July Isa1, hy Boston. | Cincinnati and St. Louis eorporat ions. fosaccu rrast~~o Organized under New Jersey laws as ''fae American Tobacco Company" with eS,30,oo capital. This is said to cn' brace also
 1 The Cigarette Trust, the organization of 1 whch Was effected In New York in February 1 iSA hs the cigarette c operations of Ses | NorS Virginia and Nnttn Carolina. IL Is pro l tccted hy prohibitye daties against com pctlng imports.
 Tao Nitto- Gycrrinc Trust organized lu 1 Pcunsylvwstia in June last as Tho High ES. i,lussso Company Protection cents x prend taxes un competing explosives. Ihe Cartridge Trust WAS incorporated Fob runr5 K lsal. as The Standari Cartridge Company. It embraces all Inc cartridge companies except two or three. Protected oy prnhlAtiyc duty against imports under | tho Mckinley hit