The hatchet. [volume] (Washington, D.C.) 1883-19??, 1900-06-24

him a country full of trust POSSIBLE
tiles. Men in Wall street are now
waiting to hear that another trust
and great one is under way.
AS an organizer and financial di.
rector of great industrial combina.
lions Judge Moore, who is one of the
latest additions to New York's colony
of Chicago millionaires, will probably
always be better known than as a
lawyer, but 1t was due to his knowl
edge of the corporation laws of many
States that he was able to coalesce
millions of dollars of the capital of
great industries into great trade and
manufacturing combinations. Added
to his knowledge of corporation law
he possesses the merchant sense to a
marvellous degree. He juggles with
millions of dollars as other men do
with thosuands. All his undertakings
have reached into the millions, and
his profits are numbered in like sums.
He has had the rare distinction Of
failing for $5,000,000 But that was
nothing to this wizard of money, for
before four years had passed he was
out of debt and $1O,OOO,OOO ahead of
the game. 1t takes a financier to do
that. And through it all not a smirch
has been put upon his good name.
One of the first industries to attract
his attention was match manufacture
ing, in which, while the Diamond
Match Company was the leader, there
was great competition. In 1889 he sue.
ceeded in consolidating nearly all of
the match interests under a single
control, which was run on Standard
Oil principles as nearly as possible
and which opposed competition wher-
ever it found it. 1t was through
specializing in the stock of the Dia.
mond Match Company that the Moore
brothers lost 100000 and went into
debt for 100000 more.
Besides the Diamond Match Com.
pany Judge Moore succeeded in or
ganizing what was known as the
Cracker Trust, or the New York Bis
cult Company, the American Straw.
board Company and the National Steel
Company. The latter, his greatest
achievement, was completed February
T. 1889. 1t embraces the National
Steel Company, the American Tin
Plate Company the American Steel
Hoop Company and the American
Sheet Steel Company. This organiza-
ton took in the leading steel mills of
the country except the Carnegie in.
terests, and represents capitalization
of many millions of dollars. In 1898
the Moores had promoted the National
Biscuit Company, which brought them
net profit of $4,000, 900, and after the
organization of the steel companies
their fees for their services had
amounted to $10,OO0,0O0. These cor
porations, with the Strawboard Trust,
which was not as successful as the
others, are known as the Moore
group" and represent an aggregate
capitalization of 1925, 900.
In November. 1899, William II.
Moore went to New York, and a month
later bought the house then being
built by w. Il. ID. Stokes at No. 4
East Fifty-fourth street, adjoining
Fifth avenue, and the residence of
Henry M. Flagler. This was evidence
of his permanent residence in New
York, and something startling was
looked for in the interests that he
represented. The Stokes house cost
him $3250O0 Until the house was
finished, in March. he lived at the
Holland House, and was one of its
most inconspicuous guests. His fifty.
fourth street house is a five story Any
erican basement structure, on ground
SO feet front and 100 feet deep. 1t has
a cut stone front, solid marble stair
ways. and is well lighted and ven.
tilated, having windows on three sides.