The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-10-18
- .OBs'S MINNEAPOLIS OFFICE.
u 20 WASHINGTON ~ SOUTH.
Advertising- Subscriptions
Tel. 2790 -.

The new nnseed oil mill. which it was
announced several weeks ago would be
built ia the Midway district, has success
fully been headed on by the American
lirseed company. The company INDUCED
in threats. At FIRST, when the announce
ment was made that certain gentlemen
interested in the Minneapolis mills before
their absorption by the trust intended 70
build an Independent mill. Later the
threats gave way 10 diplomacy and diplO-
macy Won. 80 a Chicago report that reach
ed Minneapolis yesterday says.
Early last summer b, T. Brett announc-
Ell that he would build thirty-press lin
:, eG oil mill at the St. Paul transfer, or.
as it wa put. in Minneapolis. With him
in the enterprise were George Piper and
Walter Douglas. both eN-dlrectors of the
American Linseed company. 1t was said
that the new mill would represent an in
Ncstment of $400Ol0 and be formidable
competitor 70 the American company in
a most important territory. The American
company met this assertion with the as
sertion that every one whose mills were
taken over at the time of organization
had given bonds and signed contracts not
20 engage in any competitive enterprise
Tor term of years. hence no anxiety
vas felt Nevertheless the story was
made the basis of liquidation and the oil
issues went down.
IL now appears that President Major
knows something about diplomacy. as
well as about linseed oil making. The
thirty presses which Mr.. Brett ordered for
his Minneapolis mill are being constructed
b. the Charles + Elmes Manufacturing
company. of Chicago. but they will never
90 u Minneapolis. They will be delivered
ON completion in January TO the new mill
Of the American Linseed company on
Staten Island y Y. Work on this mill
is going forward. and when it is COM
pleted fl viii have about seventy presses.
certain unPrUducjiVe plants being disma1-
tied 10 supply the machinery, aside from
that delivered on the Brett contract. a
company has been Incorporated under the
style Pioneer Elevator company" in
which. with Mr.. Brett and Mr.. Piper, GER
tain officers Of the American Linseed
company appear as majority stockholders.
Instead of building a linseed oil mill the
Pioneer company will build an elevator
for the waTehOUSing of fiaXseed for the
American company. Mr.. Piper will be
placed in charge of this elevator, as he
is an expert in the seed business, and as
an employe of the American company will
see that the pick of the Northwestern
Crop finds its way into the bins at the
lowest price. The advantage of this APP
pears when II is said that Northwestern
faXseed is about / per cent richer in oil
than The seed from the Southwest. BY
warehCUsing the seed at Minneapolis the
American company will be able TO capture
a considerable fraction of the crop direct
from the grower at the time when prices
are lowest This will give it great adj
vantage over those who buy the seed In
the Chicago market. What is more, the
compauy will be able to ship seed to the
Ing mill on Staten Island by the all-lake
route al the lowest possible charter rates
Involving an economy hitherto impossi-
bic. Mr. Brett will enter the employ of
the American company In the manage
mcnt Of one of the important plants. his
experience in the business being regarded
Is O valuable acquisition Mr. Douglas.
& is said will not figure IN the oil bust
ness while the nOn-competitive contract
is IN force.