Daily inter mountain., 1899-10-10
A SHOE COMBINE
The Manufacturers Have
Already Gone in.
PATENTS INVOLVED IN
The Making of Footwear Have All
Been Purchased by the Trust
Capital Stock OF New Corporation--
The Directors.

New York, Oct.-The Standard Shoe
Machinery company, which has just
filed articles of incorporation at Tren-
ton. is being organized for the purpose of
consolidating practically all of the i'm
portant markets of shoe manufac turing
machinery in the country. This company
is the creature of interests which were
recently successful in forming the Amer
ican Hide and Leather company. COM
monty known as the Upper Leather
trust and is part of a scheme to make
a close combination of the shoe manufac-
turing interests of the country, with a
View of controlling not only the domestic
trade, but the markets of the world as
well. Thomas II. Ryan. who was the ac-
tive promoter of the upper leather COM
bine, occupies the same position toward
the new company.
1t is said to be the scheme of the shoe
trade interests who are behind the COM
bination of machinery makers to follow
this company with a combination of prac-
ticaliy all the boot and shoe manufac
turers in New England, about 125 in
number, and TO consolidate this with the
American Hide and Leather and stand
ard Shoe Machinery companies. making
Il SlSdntlc trust that Will Try TO control
the shoe traGe of the world.
When this general scheme was con-
celved several months ago. steps were
taken to bring the shoe manufac cturers
together into a trust, but it was soon
found that little success could be Sc
cured by such a combination without
the cooperation of the makers of shoe
machinery. to whom royalties would have
to be raid, and with whom lay the power
TO at any time ruin the manufacturers
trust. Consequently the shoe trust pro-
ject was dropped for the time being, and
work was begun upon the shoe ma chincry
people themselves.
The new Standard Shoe Machinery
company will acquire the following con-
Germs and patents: The Woodward Man
nfacturins company, including its
patented machines for heel work: the
Bay State Shoe Machinery company. in
Guiding its patented machines, consist
ing of welt and turn machine, lock stitch
stltcher. welt beater, welt skiver, bob
bin wlnder. welt beveler and grower,
rough rounder and stitch indenting ma
chne ana sole-layins and sOle-leyeing
machines: Buazell'S patents for a spring
heel machine and for heel breasting ma
chine; the Shining Lasting machine COM
pany, including its patent end lasting
machine. also patented in ENGLAND; Nc
DoWells patents for a heel and sole trim
ming machine. The company is capital
-']N' - f-'Vo''p'o'
stock Prefeiential as to capital as we'll
as to dlyidenD. and $4,000, 900 common
stock. There will be retained in the COM
pany 5 treasury for future ACQUISITION
S'oo.ooo each in preferred and common
stock.
The directors and managers of the new
company will be as follows: f. B. Ker-
ther. Diamond Match company, West
vile. Conn: B. F. Spinney. shoe mann
Iaeturer of Norway. Me, and Lynn,
Mass. and president of the National Sc
curlty bank of Lynn; J. N. Smith retired
shoe manufacturer of Lynn, Mass: w,
3. Hosmer president of the Bay state
shoe Machine company, Boston,: H. F.
Botnheld, treasurer of the Woodward
Manufacturing company, Boston; Thos
q. Plant. shoe manufacturers Boston: w
w. Spalding. shoe manufa cturer Hayer
hill. Mass: Rusk e Rusl lawyers, Bos-
tor: r. F. Spencer of the Hamilton
brown Shoe company, st. Louis: Elihu
thomson of the General Electric cons
pany. SWampscott. Mass: +. w. cur
t'ss of Curtis Jones company, manufac-
turer, Reading. Pa: f. p Reed. shoe
manutacturer, Rochester, n. Y. and F.
Z. Plngree of Pingree & Smith, shoe man.
ufacturers. Detroit