The Southern herald., 1896-12-11

Ninth. raise The prise 81 PaPer
half seslt per pound
In csmpuiirg ibs prsf,s uf this
c5mbiasliaa tbsy assumed thar all
lhs svaLsbls supPly Of spmes
wood ana an The available Eaier
powers 10 the Uniisd States we're
under their control or in sympathy
with them, ignoring The fact thai
a. the 500 there is enough unds
vslopsd water power 10 make more
wood pulp than sll the mills ef
the United S,siss nov use They
ignored the limiiless farests Of
Canada and ils attractive water
powers, eamfurting themselves
With the assurance that Congress
would not repeal the 10 per cent
duty on pulp and paper.
The total present Outpni ofnsws-
paper in the United States is l,60O
tons a day. The new trust viii
control mere than ! 800 tons Of the
entire production.
ONE NAN TO 10 ALL TIE sELLIN0
NJ one will be able TO buy d.
rec, from a trust mill after the
agreement is signed. One man
will do all the selling for The men
behind the scheme. There will BE-
no such thing as competilion--st
least that is what the trust fondly
hopes.
The mill owners will set III,
price and Mr.. Dillon will sell. Pa
per is ntw two cents a pound. Th'
trust wants to make the earning
Of the mills jasI IS, 100000 a yea
more than the various plants sarne,
nnder open competition.
The new price will be cut tw,
and half cents per pound. Thi
is one.half cent a pound increase
or $40 ton, which means an addi
iiOnal earning each day ofsle, ,00C
or nearly $4,000 per week, o
{ IS, 100000 per annum. OF course
the trust expects to coatrol tn
whole output Of the country an
counts on buying out or drivin
out the mills now on the outside
whose product is less than 80
tons a day.
The promoters Of the pape
trust have not been original i
making an excuse for combining
They declare, in the first pIac,
that there is no inttn ion TO ir
cr' ase prices. Every other trut
has made the same declaration,
repudiate it at the frat opportunity
Less money will be paid to raj
roads, as consumers will be sur
piled from the nearest Of produC
tion. In the purchase Of supple
the trust expects TO save at lea
$780, 900 year.
The trust will kindly coniinu
10 supply the big j bbers now i
the trade and allow them TO kee
their customers. They must a,
cept the price set and make promT
settlements for their purchases
They may, ifthey wish, give ore,
it as now, and, as il is expecte
that the small dealers will not
, able to get goods on credit excsI
from the j"bbers, they will have
pay for the accommodation.
The success ofthe trust is 4,
pendent, Of course, upon ilsabilit
to control the market by being II
sole manufactures of paper Tht
it will fall far short of securir
such a tremendous power is CO
j, tainty.
Capital will at once be forthcon
ing TO construct mills at poin
where there is water power, al
" there are locations so advuntageot
" for this character Of manufaclu
- that arrangements could soon
" perfected whereby the entire d
70 mand Of the country could be su
= piled outside of the trust.
Another matter overlooked
7" underestimate by the trust man
" gers is the certain action Of Co
' gress, when that body's attenii,
= is called to the new squeeze. U
:, questionably the duty will be !
u moved flom pulp and paper, al
T" once the gates Of the country a
opened TO raw materials the pla
: Of the monopolists will 60
= smash. Competition will be Civ
- - extraordinary stimulation ard
!. fictitious values placed upon "
te: power and timber.land rigt
: in this country can no longer
. upheld.
II ia predicted that within eigf
cen months after the trust begi