New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-09-20
THE STANDARD CHEMICAL co.
SOME OF IT'S PLANS EXPLAINED.
WHAT THE PRESIDENT OF THE COMPANY SAYS
POSSIBLE PROFITS.

"nAA The PRESIDENT OF THE COMPANY sAfS
POSSIBLE PROFITS.
81 should think you could readily get all the money
you want from private capitalists and avoid Offering
your stock to the public at such low price, said
banker TO Mr. George W. Dunn, president OF the
Standard Chemical Company.
So we could" Mr.. Dunn answered, If we gave the
capitalists controlling interest and most OF the
profits. But we don't propose to do It, We know
we have a business that is an assured success and
highly profitable, and intend to manage it our
selves.
"Your question has been asked me many times
before 1t reminds of the remark Of the celebrated
philosopher who said
" THE world consists Of two kinds Of people-thoso
who go ahead and do something and those who sit
still and say, "Why wasn't this done the other wayf
We want to place the stock among small investors,
rather than have one or two individuals take large
interest In it who might possibly NEEDLE with, or pre-
sumo to dictate, the management
IL have been asked If the profits Of qulnlne manu-
facture were really 100000 a year. Why, The
Chicago Tribune claims that the passage of the Free
Qunine bill has saved the consumers of quinne $780,
100000 in six years. Also, l take the authority Of
The Annals Of Hygiene the official organ OF the
Pennsylvania Satr Board of Health which states that
Dr. Knorrs profits in royalties received from the sale
of antipyIine during the epidemic of the grip were
over million dollars. He gets 60 cents an ounce
royalty. The Standard Chemical Company's product
is proved TO be far superior TO the two drugs
toned and costs the consumer only one-twentieth
the price. Such eminent physicians Drs. Chi
chester, Conklin Kel Miller Washburn and hundreds
of Others, after two years thorough trial In private
practice and in the hospitals, have settled the fact
Of its superiority beyond any doubt
"Then look at the vast market there is for
product in dental surgery and in veterinary surgery.
"The highest authority on dental surgery in Amer
lea, DR.. George w. Weld, IN address on antiseptcs
delivered before the ANIMAL meeting Of the dental
societies of Pennsylvania and NewJersey, stated that
Quicklne was undoubtedly the best antisepdc mouth
wash he had ever used.
"An discoveries or inventions have about the
history In the beginning there 10000 sceptlcs
to believer.
"7ake for instance, the telegraph, the locomotive,
the ocean steamship, the sewing machine, the electric
light the Bell telephone, ETC.
Now there millions Of believers in these
useful discoveries and no sceptcs.
The standard Chemical COmpany's product Quick
inc, win have the same history.
" Enterprises that have been profitable TO the
original investors all around broker bought
twenty shares OF the original Edison electric stock for
5000, at the rate Of $40 share In less than year
lie sold ten Of the shares for $4,000. The Equitable
Life assurance stock was sold for 800 share 1t
is now worth about $1,000.
THE Standard Chemical Company has begun busi-
ness under as favorable conditions as did the enter
priseS just mentioned