The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-06-11
TO BUY ALL BREWERIES
OF WHICH THERE ARE 1900 IN
THIS COUNTRY.
MANY OPTIONS ALREADY SECURED
The Subject Was Discussed at the National
Brewers Meeting Eastern and West
ern Capitalists Behind
the Trust
the Trust.

indianapolis, Ind, June 1O.-The
Sentinel tomorrow will say:
''rhe trust mania has reched the
hreweries, and it may be said that a
scheme is on foot to form trust with
81 ,000.00O,G00 and buy up Nall the
breweries in the country.
1T is said that the scheme, which is
mt present only in its inception, received
impetus at the National Convention of
Brewers at Detroit, when plans were
discussed secretly
ut is said that several big Indiana
capitalists are lending their support to
she gigantic project, among them Craw-
ford Fairbanks, he brewer of Terre
Hautt Mr. Fairbanks was seen at the
Denison House to-day. He was eyasive
and said that six months ago he had
heard of such movement, but not re-
Gently. He said that no option had been
secured ON his brewery. He finally de-
MED that he had knowledge of a pro-
Jected trust.
Joseph c. Schaf, President of the
American Brewing Company of this
city. who returned to-day from Detroit
where he attended the National meeting
of Brewers. talked in an entirely differ
ent vein. He admitted that the subject
of a brewery trust was topic of private
consideration at the convention at which
six hundred leading brewers were pres
ent. He said the matter is in its in
fancy now He had calculated, he said.
that something more than a billion dol
II lo
are 1900 breweries in the country to
he bought up. 1t is understood that an
option has been placed by the trust on
Mr.. Schaf's brewery, and this he did not
deny. When asked how many options
have been secured in indianapolis, he
said:
AT guess | should say s or 10 to
date
..Schaf then declined to say who
are behind the brewery trust, but re-
piled in response to that question
Eastern capitalists are promoting the
trust"
1.-The scheme is stupendous one, and
il will require at least three years tt
perfect it. The American Mailing
Company already has Il monopoly on al
the malt products in this country. The
distilleries will all be bought up and
also all the 200 breweries. | should
say it will require at least S1,0O0,00O,
600 to do the work. The consumer vii
not lose. Beer will remain at 5 cents 3
glass, but taxes and other expenses vii
be decreased and better beer will be
placed on the market. At the eXplra
ton of three years | look to see all thu
malt distilleries and breweries of the
United States controlled by the ont
working head
THE STORY CONFIRMED.
Indianapolis, Ind, June 10.-Mr. Al
bert Lieber, manager of the brewery
syndicate of this city, which includes the
three largest breweries here, tonight
confirmed the story of the formation Of
giant brewery trust. He had just re
turned from Detroit, and after learning
that the story was out, said:
A Pittsburg broker named Merkle
representing the American Mating
Company, has just closed dead involv
ing So, 100000 whereby all the Penn
syvania brewerics was consolidated
This was one of the steps in the bi.
scheme. Options are now out on mum
Der of Indiana breweries and the same
is true of other States. The principa
factor in the big scheme is Seymou
Mott, a wealthy broker of New >Yorl
city, who has been working on it 70
some time