Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1891-06-30
How the German.American Petroleum
Trust Got the Grip on all
Germany.
TRYING TO SEIZE THc ENTIRE
RETAIL TRADE.
Aiming al Placing the Worlds Market
In the Hands Of Few Men In
New York.
By TELEGRAPH 70 the Ssw.i
WANT Tng WORLD.
The Modest Aspirations. of the Ger
mnn.Amcricsn OIL Company.

mnusAucrfcsn OIL Company.
BERLIN, June .9.-Itcfcrencc hns
/ already been made In these dispatches
10 the actions Of the Prussian minister
Of commerce, Herr Won Berlcpsch,
against the German-AmericaD Petrol-
cum company. Bremen Ia one Of the
greatest coal oil markets In the world.
How the great oil company got It's grip
on this place, and consequently on all
Germany, is explained by the fact that
the principal German firms Ind 10 sub
nit 10 the formation OF German.
American Petroleum company or loss
tho Importing trade.
Tho whole OF Germany Il divided
into Districts assigned 20 different firms
belonging TO the new company. Tanks
have been erected nj different points,
and u IL now feared tho outiro trade
VIII fall Into the hands Of the local
branches Of the great monopoly.
The German American company
seems determined 10 absorb every
branch Of the coal oil trade. First 70
got control Of American wcll-owners
and retners, next Of the private ship.
ping Interests, then OF the European
Importing business, then Of this cx.
ports from European ports and now IL
seems 10 DO trying 10 seize tho entire
retail trade. IL IA monopoly Of tho
whole world anI prlvat. ono al that.
with H. seat In America.
II II succeeds In buying out or COM
bining with the mon who control tho
production OF Russian coal oil the
wbo,e world will be subject 10 the
power OF few gentlemen In New
York.
Mr.. Max Gaede, director Of tn.
Gorman.Iiussian NapthA compsny,
one Of the best informed men onths
coal oil trade, talking today, said;
The Standard on company has
within the last i've months msnaeeI
20 secure a combination OF all tho large
houses In Bremen and HAMBURG. IL
then organized them into stock COM
pany, tho Gcrman-AmerIcan Petro-
leum company, In which 10 holds a
controlling interest.
IT has done the same In Rotterdam
aud Antwerp, In order 10 control tho
trade Of Holland and belgium. We
have luat now received Information
that II has bought out tho firm Of
Walter a Co. Of Venice, who co.itrol
the trade Of Italy.
"Nou SEQ tho Standard In getting in
IL work everywhere. We may fight
for sons time 20 come, but fcel that
eventually We must also submit. Until
some cheaper substitute for coal oil 10
iounu OF Invented, the Standard OIL
company VIII hay. control ofthe trade
the world over. do not think that
hete WI 10 any material change In
/ pncss"
Whcnasked u German governmental
investigation OF the matter would have
any tangible result, Mr.. Gacde said:
mo, thu nerman government can do
nolhing' Everything has been done
Ia strictly legal way. There IL APP
pafcnily no ring, only a regular mer-
camille corporation.
""""'"Hher VIII ikpiai" hNerythinE.
PHILADELPHIA, June eg.-Contrnry
b. tho general Impression, Posimast.f-
general wAnamAkcr ana not apu.ar be-
fofc th. investigating committee Of n.
council TIL. afternoon 10 .xplain The
apparent discrepancy between his pro.
vious testimony and the facts sub.e.
quuntly developed by the Keyrlon,
books. Instead he sent a letter saving
u any information was wanted from
him lac should be glad, at twrnty.foiIr
hours notice, 10 meet any mem Der, OF
the council and explain every Item Of
his statement.
PresIdent Dunhan NJ th. N..h.nt.,