The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-08-02

CoNYINgyPAL To0nrro ouDnyv
NOT HAVING sTs Owu vAx.
1sw 49, 1aaepsnaeus rn~suvssu -
essvssg sspUsss fv~@ cAswsss-
TAs ~ Prsoes 10 Ps.s H.ns.u-
WssAs uas1nAsD - rSn.ssvn

olS1ation Of an impestanx hsnnrn " maus,-
ncsurfng industry and the results whzes
hare followed can ee studied here 70 xreas
advantage The ConssDensaI TSnarcc Co.
pany has Absorbed I'll hus fsw % the
factories whose business - the proanccow
a. chewing tobacco As the leaf tobacco
ussd - al grown il Kentucky A1d the
most Of Il marketed hsFe. wAsss the trust
oas ncated some II 10 pstnsipal factories
every step In the wCrkinxS Of Tn giant In
ausffiai combination can BE- vntrh<d IN
Louisville. The fndep<nd~ns fsesss>es have
n ouapnt not sHc~s<1tng : per cen2 - H.
pug manufacture. 80 the trust In enc q
the most effective mcnopcftes nov IN op-
GRAFTON II - one of the largest capitalize
sions ana ~ shares are aussae tn eruns
speculative favorftes
An Interesting and unusual festuxe 20
the situation also - that tn tbs case the
prUducer Of the raw material 10 hrouxnt
face 20 face with tho reientieW pWWer 81
combined capital Kentucky xrwwS nbuuf
= per cent Of the tobacco crop Of the
United States. half of whIeh - bss3sy aEd
half Of the dark variety. The entire crop
OF bsrley. with ths exceDtios Sf t. smnat
percentages which 10 taken by export buy
esS. b worked up into chewing and smox-
In tobacco such - IL trust nAnulac-
lures. and u also consumes . nrUs par
taoo a. the ons& efON tbouuA hese u
meets heavy foreign compeSision- tn
producers g hurley tobacco are complete
y 1t the mercy 81 the truss ~ presens.
and two-thirds OF the bUyley crop u so>d
here n this city.
90 FAR the formas,un az the trust hns
very little indeed % that which was En-
pected When the tobacco planters heard
that the crop Of winch they have a nat
ural monopoly. and which IL the depend
snce foe hh cash xnle Of nearly every far
mer. nom the lord Of the Blue Grass pisn-
tnftoa 10 the humble tenant farmer ss the
-fennyriie." they were In . panic. They
nad always looked on trust In some
thing OF the same hight ~ they regarded
the sea serpent. but with . much moss
lively sense Of IT. fssecisy. Csonsgusatiy.
when they found that ons ~ these dread
81 monsters was loosed upon their homsoL
they thought the end Of the world. or. q
least. Of t0hacco growtns. uss deausng
mar. But for tn fact that the crup was
In the ground and almost made before IL
eomeanat'on was announced. the euit.var
donsd last year. ~ IL VA. maay . TAR
mcr. who needed only this argument 70
make him quit the hardest and most n
boEous work on the farm at once gave up
his crop b the weeds and the tobacco
worm. Fortunately the 1907 crop had been
very light. and prices had gone so high
thai the - painting Was lsswp- The more
courageous and the more desperate % he
planters p<rsevesed. and vita many mts-
givinss prspAred 10 market thsir tobacco.
About this time Li9g<tt 4 Myers. tn
big D. Ln0is factory. that had r<mG1nea
out Of tAe trust fer . ttme. had pug out
. force Of buyers In TIE country. who
vent 20 The farmers direct. The growers
hailed these buyers a. savtcss. anA Of
fered them tobacco ~ The milton pcunds
practically st their Own prizes. They felt
that Il thsy sent theis crous 10 marhet n
the regular way II would Be gohbied ap
sser chose 70 pay- ~ . conseQusnea Liz
gett d Myers bought 3o.000.ege pounds of
the Aneet tobacco IN kentucky at prae-
tically whatever 0gurs Their buyew Hked.
and the planters rose up and called sha
name Of Moses Wsemore b1esnoA That
vas about the TINA Mosss. WIN vss the
PRESIDENT and manager az IL Iluseft =
Myers factory. got the vice presidentieI
bee IN his bonnet The shock when ~
"trust'' basket WAS = terribls one to H.
oonnding pjsnteg. but ne has lost nona
Of hls affection for Moses. vhe uannge1
TO keep his skirts eIean willis seuDon0 ~
stock In tina factory ~ double prices.
The mArhss for ieas sohaeco - sraA-
uaiiy become ussd "a The Ccutlnsaton
Company idea. but = masked chance haa
resulted In the business. Rormssly every
factory had one oy two buyers. vino eso-
erIy competed with othey buyers. and, =
addition. there was . horde ~ spscula-
tors. large and small. vhs were huyine
and selling all the time. besides many re-
taflefs and tobbers. When the CONT
mental vas formed. the buying vas pat h
the hands OF three men. who had hsughf
for the largest Of the Individual factories
These have since taken turns IA bs6d1ne
on the leaf wanted BY the fsfteen or TWEEN
~ factories In ths coembSMaft0N. TAa -
haeco h al SOLD a. suctioa. ana oaiy g.
man BIDS at tiune. being relieved ~ The
others IN succession- Tbe arsf result vns
tho prompt disappesrance Of tho speruln-
tor and re-handler. The trust has ~ M
tlon Of buying tobacco a. = pfpAe fPou
the man who bid against n for the sa1s
tobacco the day o. tn weeh befsees The
consequence n that tobacco frssu bsfng
ths most speculative Of the srgyfrulsurxf
products. HabJe 90 nnctnafe = pss cent
IN value within weeh. has setfied dovn
90 . steady price. the msrket changes b.
ing gradual. and sometimes there bs1sg
no variation TIE Continental takes frnu
three-ffths 10 fwo-shir1s Of Al ffe to-
hacco ofYessd. the quantity varying sro0
300 no TO se.ep pounds day far tn fsur
auction days In the week ~ 6ua~ the
price NJ VIII. Strange 10 say. either b.
cause u does NOT wish 20 arouse too great
hostility. o. becanss the Managers beEiev>
the planters would cease production NJ
they put prices too loo. the trust has
paid fairly ven fos ~ raw material
When the new crop beenn coming m on
the marhef last fall the Ataersas trsss
buyers actually I'D against each oshes
for some time. sdvanefn9 the PRICE ~
their own purchases 4 great 1s~s sf
hurley N bought fer the for~tgn svnde
and for the independent fscto~s>s bBs
the proportion is 80 smsil that the prices
are under trust control
Ths merit feature - Interest About -
operations OF the tfsza - she mznax~menx
Of 80 sal<s ana the treatment - ffs com
p~sifers and rustomer1I In cgmnsaB StsA
ell mcnopoises IL has not h>ea ahse - s~~ss
the se@psastpn TO advance prices Much
Of the advance - iosftfss.l>. fer fs>s~
hsd hesm . hitter frnd~ var far yesrs. Azzx-
ING which spms of The brss1s ssd bs~n
forced down he}sw the cost ~ manuf*<tBP~s
The arss thing done after The A@esSrsn To-
hacco Company swAilowe5 10 rivals 80 90
Increase the prices snd fhsr hsvs h~~n
gradually pus hac& IN q prsa1ahts hnse~
r0r instance sGfzr.~ me f1upous s4xg~<s
q Mysrs erand. asd sasd - - sh~ h~ss -
he w9sid and sbe fs.xwss s~'s~r = 49, q