Oxford Democrat. [volume] (Paris, Me.) 1833-1933, 1895-06-04
LIKEALADDIN'SLAMP
BRIEF SKETCH OF THE FAMOUS Wild
ENeR-eLklNs SYNDICATE.

Men who ceasrei i.ooo. oOo. 900 = stu-
psndous Projects md Gigantic Proper
tiss-Lsgislasioa Inasssced- Pail strings
In Every Inpesta.t City In the Country.
One billionl Ono thousand millions!
AL dollarsi
Let the reader imagine that he II saving
u every day Of his life. Then lot him take
pencil and paper and figure out how long
he would have to live TO accumulate the
sum mentioned In tho opening paragraph.
He will convince himself while doing this
that the figures are 10 overwhelmingly
stupendous a. to be almost beyond COM
prchension-too largo for the mind to
grasp at one time.
Yet there arc men who can juggle with
q billion an easily AZ Sandow losses ten
pound cannon bali. They are Americans,
and they are known In every important
city Of the first. second or third class In the
country. They may not possess 1000
O0O, 900 outright perhaps, but they control
that gigantic pile Of wealth. own the
greater part of It, and use and handle II a.
| II 1t was every penny their own.
Two quiet Quakers and one quick witted
| Jcrseyman In an transformations manner
reached out from Philadelphia and In
| trpched themselves firmly In certain In
| dustrics In nearly all the big cities Of the
| United States. Tho unexpected always
| happens, and IL Is for this reason that tho
/ n - h. ,,,tv sliA mn
| look toward staid Philadelphia for the
| birth Of ~ gigantic combination and sc
| dazzling monetary star as the "Kemble-
| widcncr- Elkins'' syndicate, now reduced
| BY the death Of Its parent TO the "Widencr'
Elkins" syndicate.
The men and institutions concerned In
| this vast Aggregation Of capital arc build
ers up Of business. They seek to develop
| and cxpand, not to crush and destroy. In
| the perfection Of crudities and the fruits
thercfrom lie the profits Of the combina
ton. The syndicate IL not Incorporated ~
a syndicate, but by membership In various
corpora,ions the individuals are able Il
| reach over the whole country and even Into
England and control the amount OF cap
ital specified, II not more. The start wa
made In street railways, and today 1t con
trolls leading railroads In New York, Phil
sdelphia, Baltimore, Washington, north
err New Jersey, Pittsburg and Chicago.
| IL controls or has an interest In the IN,
works Of Philadelphia, Chicago, Minncap
| oils. Milwaukee,, Atlanta and 30 othci
cities and towns from Maine to Florida.
| In controls the welsbach incandcscen'
| light, tho electric storage battery and
number Of Important electrical inventions
that arc coming into everyday use.
| Ii has q big interest through individual
members In the Cramp Shipbuilding com
pany, capitalized Mt $50, 600, 900. which ha'
had such big share Of government worl
and rccntly constructed the great steam
ahips st. Louis and St Paul.
| II Is represented I'm tho directory OF th'
Pennsylvania Railroad company by TIVE
members out OF total Of Is In the boar
"A rather good percentage.
II Is closely Identified with tho STANDARD
| OIL company, William G. Warden, Its nc
tive representative, dying only few week.
ago, and his son -in-law, Samuel L. DO
dine, succeeding 10 his interests
1t has expended ~. 600, 900 in ral estate
improvements In Philadelphia rs syndi
| cate.
The above include the big things In
which these men arc interested and which
they have helped tn develop. In addition
they are interested through Chris L. Ma
gee Of Pittsburg rs individuals In n coup!'
| OF ranches la one OF the Dakotas; In TIN
Little Wood river Udaho) and In the Yu
| kon river. In Alaska. gold mining proper
ties; In n $500, 900 iron foundry In Phila
d,lphia; In n aIO0, 600 iron furnace Mt Lew
istown, Pa last, but not least, and IL vii
bc some years before 1t develops, In rcn
estate scheme Of great dimensions In AM
around Washington.
To show the vastness OF the enterprises II
which the widencr- Elkins syndicate Is In
tercstcd glance at the list given below
will he sufficient. First Ii taken the stree
railway operations. The syndicate con
trolls all the lines or systems While II
many instances IL has not guaranteed tn
bonded Indebtedness. yet IL has leased tin
roads and Of course assumes all the debts
Tho corporntions under It's control are:
| Capital stock.
bonds and
| guaranteed debts
North Chicago and leased lines. &ic.'l2.u
West Chicago and leased lines. 2s.uD,0p
Metropolitan Traction. New York
city, including Broadway and Sow
enth avenue. Twenty third. Forty.
second str,et, etc. lines. A.WD,uu
| Consolidated Traction company OF
New jersey including Jersey City,
L .rk ElixalNth lines.