The representative. [volume] (St. Paul, Minn.) 1893-1901, 1898-09-07
HOR RULE.

\ New Trust to Put Up the Price of
W-ead and Put Down the Price of
Whent-The Whole World to He mt
ITS Mercy.
NEW YORK Aug. 27-With $3.50, 900. 900
behind him and q bread-consuming world
before him. young Thomas A Mcintyre. of
wall street. is planning -four trust 1t
is to be Il trust that win span the earths
confines. a trust that will directly effect
the price of bread here. as well as abroad.
II is combination of all the great flour
mills throughout the United States. Mr.
Mcintyre will go abroad in few days to
swing the London stockholders into line.
Mr.. Mcintyre is member of the firm
nf Mcintyre L. Wardwell -four and grain
brokers. in the Produce Exchange building
He has always been regarded as Ma
l,,conic in his ideas, and this is of
his most radical ventures. He is the
ganizer of the Hecker Jones Jewell Milling
company. as well the warehouse trust,
which OWNS nearly al the Brooklyn water
font. The Letter wheat failure is said to
have suggested the Hour combination to Mr..
Mcintyre.
1t is easy to conceive the vast possibilities
OF such combination as that just born.
His partners could control the entire out
put of wheat and -four. They could dictate
the price far more effectively than did young
Letter Their profits would be enormous.
lhry coult DrPtk All corners INTO smith
eit ems and fix their profits.
Mr.. Mcintyre went TO Minneapolis some
days ago and conferred with the Piilsbury-
NaShbGrn company, the Washburn-Crosby
company and the Northwestern and other
great milling est blishments of the North
west. 1t is said that the consumma ton of
the plan will rest largely with the English
stockholders 1t remains for them to either
smile upon it or frown ii down. The posi-
ole profits are so huge, so easy and prob
able that Mr.. McIDtyre's visit can have but
vHe result.
The trust proposes TO be it's own middle
man. to deal directly with the farmer on
one side and the baker on the other The
withdrawal of such Il combination from the
market during great corner. or, in fact
at any other time, would bring farmers.
bakers and outside spectators to their
knees instanter.
The Letter corner, through which that
greatly embarrassed the milling interests
CT the country. and the mill owners are
determined that such high-handed dealings
shall not occur again with their consent
III other words, they propose to prevent
such Irregularities in the future.
When fully fiedged and equipped if Mr.
MrintNres trust should decide not to buy
any wheat for q month, that commodity
would so begging TOR buyers ana pr.ces
would jump at their dictation. like the
ii'ituiH III Il summer thermometer. The
flour trust will therefore be an absolutely
safe and profitable scheme for the mill
owners. They will be enabled to do for
wheat and flour what the Standard Oil
company does for oil. Mr. Mcintyre saws
thtt the trust has not yet been fully
formed but that it will soon be complete ed
When he has seen the English stockholders
'!t is our intention. said Mr. MCINTYRE
80 fight the great elevators controlled by
t;'e Chicago wheat pit We will build ele-
IatorS of our own HAXTE,R
Why should men hesitate to form
such combinations, when it is evident
the people will not use the ballot to
protect themselves?
Party. slavery can only eyent,late in
personal slavery. Id