St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-01-05
MINNEAPOLIS.
PLACED MANY MILLIONS.
George II. CipriCo Talks About His Ex-
tensive Wcrk.
IT IS ABOUT COMPLETED.
The Flour Mills Only a Bagatelle---The
Genial Professor Will Now
Rest.

George NJ. Ciprico, who is generally
accredited with representing a mYsteri-
Gus and very powerful English Syndi-
cate which has back of it hundreds of
millions of dollars, which it is ready and
anxious to invest in America, returned
TO his home in Minneapolis yesterday
from st. Louis, where he had gone to
secure an option on some of
the large manufacturing interests
which have made the city of st. Louis
famous. Mr.. Ciprico was found in his
pleasant home on Portland avenue last
evening by GLOBE reporter. When
asked if during his visit TO st. Louis he
had secured an option on any of the
flour mills there he replied: II will tell
you Just what | said to the newspaper
men in St. Louis. | will neither affirm
nor deny anything. and the newspapers
will have to draw their own cOnclu-
sions. Candidly, ] will say that when
| first went into this business | was
green. and ! couldn't see the necessity
of refusing the gentlemanly reporters
an item of news, but since
then | have been forcibly reminded
that the people whom l represent are
not doing business through the news
tdpclS. AS la 40 dlh pSISOldliA Gull
cerned | have nothing TO conceal, but
the people whom l represent object TO
newspaper nOtOriety and comment.
There is one thing, however, l can
say, and that is the capitalists
whom | am acting for do not in
tend to antagoniZe the interests
of this country OF the wishes of the
people in it. Therefore they are OPP
posed to the purchase of land. If were
offered all the land between here and
California for SD | would not purchase
il for the syndicate, and the syndicate
would not have it at any price. because
the holding Of q vast landed estate by q
foreign corporation is contrary to Amer
lean principles"
Did you have any trouble in St.
Louise" was asked.
son, no, | had no trouble. | went
there 70 close out $4,000,000 deal and
had the money there, or within easy
call, but | found, on investigation. that
the representations made were not true.
and ] refused to talk business"
That was the flour mill deal, was il
not?' inquired the reporter.
pardon me, but L don't think [ men
toned what it was" replied Mr..
Ciprico. Nov there has been a whole
lot of excitement over the so-called
flour mill deal. Why, that was one of
the smallest transactions / have been
connected with. The amount involved
was only 100000 or s., 900, 600, all told.
Why. there were other transactions
which far overreached those figures. I
made Mr.. Busch, of the Anheuser- Busch
Brewing company, an offer of IS. 600, 600
for their brewery, but he refused to sell
at any price. lie told me that they pro-
posed to add $4,000. 600 more in improve
mentS to their plant and to make it a
lasting monument. After this was done
they would sell it if they thought best.
j secured an option on $4,000 600 iron
mine in Michigan, and | feel confident
that the deal will go through. The
statement that we also included a num-
Der Of iron furnaces in the purchase is
erroneous. As to the flour mills, Ihave
secured options on some of the mills in
Minneapolis and Milwaukee. also Sc
cured an option on one of the most won
derful silver mines in the world. This
is located in Mexico, and |
think there is but little doubt
that it will be purchased,