Kansas agitator. [volume] (Garnett, Kan.) 1890-1905, 1900-09-28

with $50, 100000 capital, half common STOCK
and half preferred, consolidated numer-
| Gus mills producing over seventy-six per
| cent of the output of the United states.
| The Continental Tobacco Company, In
| corporated in New Jersey in November,
| 1898. with capital of 500, 900, 600 half COM
| mon stock and half preferred, ACQUIRED
| all the leading plug tobacco companies IN
| the United States, and also purchased
| the plug tobacco business of the Ameri-
| can Tobacco Company, In whose interest
| it was formed"
Giant Federal Steel Truts.
The Federal Steel Company. incorpor-
ated In New Jersey in September, 1898,
with an authorized capital of 500, o0OOOO
| capital, half common stock and half pre-
| ferred, consolidated the Illinois Steel
Company, the Minnesota Iron Company,
| the Duluth & Iron Range Ry., the Elgin,
Joliet & Eastern Ry., and several other
companies 1t owns five docks on the
great lakes, and a majority of the steam
ers and barges used for transporting
ores.
The International Paper Company, In
corporated in January, 1898, (state not
given) with an authorized capital of go
100000 common and s250Oo,0oo preferred
stock, consolidated twenty-five pulp and
paper mills. manufacturing about eighty
per cent newspaper.
Every newspaper mas suHereu iroin lho
paper trust, the magazine, for instance,
published by the Locomotive Firemen' $
organization, and supported by hXed
appropriation, has been compelled to les
sen its reading space because of the rise
in the price of paper
The National Biscuit Company incor-
porated in New Jersey In February, 1898.
with $50, 900 900 common stock and $25,o0O,-
O0O preferred consolidated the leading
cracker companies. and controls In all one
hundred and sixteen plants.
The National Salt Company, incorpor-
ated in New Jersey in March. 1899, with
81. 0O0. 600 of common stock authorized, and
IS, 900, 600 preferred, produces about ninety
five per cent of the total output of the
country.
The National Tube Company, incorpor-
ated in New jersey. in June. 1899, has n
'nrital stock of sS0.OOo,oOO half common
and half preferred. and controls about
ninety per cent of the output of the
United States.
The Rubber Goods Manufacturing Com
pany, incorporated in New Jersey in jan
uary. 1899. owns practically all the capi-
tai stock of the Mechanical Rubber Com
pany. the Peerless Rubber Company and
the India Rubber Company, AS well as
seventy-five per cent of the stock OF Nor
gan & Wright. 1t also acquired the tire
making plants of the concern known as
lllt AMERICAN blCyClt anu thS
American Dunlop Tire Company Author
lied capital stock $50, 0o0, 0O0 half common
and half preferred.
The Standard Rope & Irvine Company,
incorporated in New Jersey November
s, 1895. with a capital stock of $l2,OOO,-
000, consolida ted twenty-five large cordage
mills
The Union Bag and Paper Company. in
corporated in New Jersey in February.
x.-itl CT
81 100000 preferred, consolidated various
plants, doing ninety per cent of the paper
bag business of the United States.
United States Cast Iron Pipe and Foun-
dry Company. Incorporated in New Jersey
in March, 1899. with an authorized capital
Of $4,000 eco, half common sock and half
preferred, consolidated the principal cast
iron pipe companies of the United States.
United States Envelope Company, in
corporated in Maine in 1885, with an au-
thorized capital of $lOO0,0Oo and $4,000 600
preferred, consolidated ten companies,
and controls ninety per cent of the output
of commercial envelopes in the United
States.
The book mentioned also gives statistics
in regard to several trusts organized prior
to 1896 among which are the American
Cotton OIL Co., the American Sugar Re
filming Company the American Tobacco
Company, the Diamond Match Company,
the National Lead Company, and the
Standard Oil Company.
No Hope from Republicans
During the present administration no
honest effort has been made to protect
the people from these monopolies The
Republican party controls the executive
and the legislative departments of the
federal government. 1t can enforce the
laws which now exist; 1t can propose and
To-, I,,N No
persons can watch the conduct of the Re-
publican party and read the speeches of
Republican leaders, and still believe the
Republican party sincere in its declara-
lions against the trusts.
The Republican platform on this ques-
ton and the Presidents letter of accept
ance. taken in connection with the party's
record, prove conclusively that no re-
lief can be hoped for from that party.
Instead of ppinting out the evils of trusts
the Republican leaders spend their time
in eXuting over present conditions The
trust is q part of present conditions, and
Mr.. Flint, from which | have already
quoted declared that the formal ton of
large corporations was one of the i'm
portant features of what he described as
the present business activity. If Re-
publican leaders really regarded private
monopoly as an evil; if they really in
tended to apply an effective remedy, they
would not hesitate to denounce trusts and
suggest means for their determination,
but they express far more solicitude for
the corporation than for the people at
large one IS reminded of the picture
which mother once showed to her boy
to impress upon his youthful mind the
sufferlngs of the Christian Martyrs, who
were being thrown into the arena and
torn to pieces by the lions. The boy
looked at the picture for a moment, and
then his face frightened up as he thought
he caught the idea. Pointing down into
one point of the picture, he said, why,
mamma. there is one poor little lion that
isn't getting a bit" 1t Is even so with
the Republican leaders. Their sympathy
goes out freely to any corporation, which
in their opinion is not getting It's share,
but they are not moved by the hardships
imposed by monopolies upon all who are
outside of the charmed circle. Three
sessions of Congress have convened and
adjourned since the Presidents inaugu-
ration, and yet he has never recommend
ed a specific measure looking toward the
overthrow of monopolies.
Paper Money Trust.
At the opening of the last session of
Congress the Republican leaders pressed
through the House and Senate a bill,
creating a paper money trust and sur
rendered into the hands of the national
banks complete control of the national
currency Just as Congress was closing
a farcical and hypocritical attempt was