Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1896-12-22
SEEKS THE IRON CROWN
RocKErELLER WILL ray 10 DE.
THRONE CARNEGiE.
Project OF Great Proportions which
the Muiu.nirionsire BasiBeen
Carefully Planning.

ID. Rockefeller is after the crown
now worn by Andrew Carnegie,
the iron king. And if his plans
already matured and about to be
carried out are successful he will
get it.
Mr.Rockefeller does not propose
to do this in his own name. The
Standard Oil Company will be
the nominal foe of the great
Scotchman. But who does not
know that John d. Rockefeller
and the Standard Oil Company
are one and the same?
They have purchased in South
Chicago along the shores of Lake
Michigan and at the mouth of
the Chicago river plat of ground
several acres in extent and with q,
water frontage of 5000 feet. On
this will be erected rolling mills
to cost S10,000,000, at least, prob
ably twice that amount. With
this plant for maHufssture, with
the vast mines in the Mesaba re.
gion for the raw products, and
with eighteen huge lake vessels
to carry the ore to the very doors
of the works, all owned by Mr..
Rockefeller's company, he will be
able to dictate terms to Mr..
Carnegie and his associates i'll.
stead of being dictated to.
Mr.. Rockefeller's gigantic
scheme is not a new one, but it
has been kept quiet. Not
until today did anything reach
the public, and then it was
through an accident. Some weeks
ago large plat of ground was
purchased in South Chicago. The
sellers were the Calumet Canal
and Dock Company and several
private individuals, the real buyer
was not publicly known. The
price was in the neighborhood Of
$4,000, divided into three pay
ments. The first installment was
paid when the deeds were signed,
the next will be met December
18th. 1t was not necessary that
Mr.. Rockefeller should divide the
sum. He chose this plan of set
Element in order to conceal his
hand.
The iron and steel business, at
least that part of it dealing in
steel rails, is controlled entirely
by Carnegie and his two allies,
the Illinois Steel Company of
Chicago and the Colorado Fuel
Iron Company of Pueblo, Col.
The price of rails at Pittsburg is
1913, at Chicago $29 and at Pueblo
1913. Whichever concern is near,
est the purchaser delivers the
rails. Rails cannot be had of any
one else. This is the trust Mr..
Rockefeller proposes to break.
With his own mines, his
own ships and his own
plant he expects to make steel
rails from 25 to so per cent cheap.
er than can the trust. He can
sell them much cheaper, and IN.
less Mr.. Carnegie sues for peace
he and his powerful associates
may be driven out of the bust
ness.
The new mills at South Chica
60 will not be confined to the
manufacture of steel rails, how.
ever, but will make structural iron
of all sorts as well. 1t is stated
further that Mr.. Rockefeller may
also go into the armor-plate bust
ness if the Carnegie trust attempts
to maintain its present grasp.
The site Of the new works is an
ideal one for a mammoth rolling
mills. The river at this point is
twenty feet in depth, enough to
float the largest of the lake yes
sells, providing a perfect entrance
for the Standard Oil ships, which
will carry ore from mines along
Lake Superior. These same boats
will serve as a powerful whip in
the hands of the oil magnate in
case the railroads attempt to aid
the Carnegie trust, for out of sea
son they can be used for the grain
trade and literally demoralize
freight rates in every direction.
Sterling, the painter, is pre-
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