People's voice., 1900-09-27

anu ndlI preferred, consolidated numer-
Gus mills. producing over seventy-six per
cent Of the output of the United States.
Inc Continental Tobacco Company, in
corporated in New Jersey in November,
1888 with a capital Of 800 000, 900 half COM
mon stock and half preferred, Acquired
al tne leading plug tobacco companies In
tne United States, and also purchased
the plug tobacco business Of the Ameri-
can Tobacco Company, in whose interest
II was formed"
Giant Federal Steel Truts.
The Federal Steel Company, incorpor
ated In New Jersey in September, 1898.
with an authorized capital of s2OO.OOO,OOO
capital, half common stock and half pre-
Ierred' consolidated the Illinois Steel
company, the Minnesota Iron Company,
the Duluth & Iron Range Ry., the Elgin.
Joilet & Eastern Ry., and several other
companies. 1t owns five docks on the
great lakes, and majority of the steam
ers and barges used for transporting
ores.
Inc International Paper Company, in
corporated in, January, 1898, (state not
glVen) with an authorized capital Of S2O,-
VVV'Vo common and s25,OO0,OOO preferred
stock, consolidated twenty-five pulp and
paper mills, manufacturing about eighty
per cent newspaper.
Every newspaper has suffered from the
paper trust, the magazine, for instance,
published by the Locomotive Firemen's
organization, and supported by a fixed
appropriation, has been compelled to les
sen It's reading space because Of the rise
IN the price of paper.
Inc National Biscuit Company, incor-
porated in New Jersey ip February. 1898,
with S3OOOO.OOO common stock and S25,OOO,-
OCO 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, 100000 of common stock authorized, and
100000 preferred, produces about ninety
five per cent of the total output of the
The National Tube Company. incorpor-
ated in New Jersey, in June, 1S99 has a
ranital stock of sSO,OOOOOO 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 capt.
tai stock of the Mechanical Rubber Com
pany, the Peerless Rubber Company and
The India Rubber Company, as we'll as
SeVenty-hve per cent of the stock of Nor
gan q Wright. It also acquired the tire
making plants of the concern known as
he American Bicycle Company, and the
American Dunlop Tire Company. Author
zed capital stock s5O.OCO,OOO, half common
Ind half preferred.
The Standard Rope & Twine Company,
Incorporated in New Jersey November
: B96, with a capital stock of s12,OOO,-
W, consolidated twenty-five large cordage
Mills.
The Union Bag and Paper Company, in
,orporated in New Jersey in February,
Sss, with $l6,OO0,OO0 common stock and
100000 preferred, consolidated various
plants, doing ninety per cent Of the paper
Jag business Of the United States.
United States Cast Iron Pipe and Foun-
Try Company, incorporated In New Jersey
n March, 1899, with an authorized capital
# sSO.OOO,OOO. half common sock and half
preferred. consolidated the principal cast
ron pipe companies Of the United States.
United States Envelope Company, in
,orporated in Maine in 1898, with an au-
horized capital of s1,O00,0O0 and $4,000
preferred, consolidated ten companies,
md controls ninety per cent OF the output
II commercial envelopes In the United
States.
The book mentioned also gives statistics
n regard to several trusts organized prior
o 1896 among which are the American
lotion Oil Co., the American Sugar Re-
lining Company. the American Tobacco
Company, the Diamond Match Company,
he National Lead Company, and the
Standard Oil Company.
No Hope from Republicans
During the present administration no
honest effort has been made to protect
he people from these monopolies. The
Republican party controls the executive
md the legislative departments of the
ederal government. 1t can enforce the
avs which now exist: it can propose and
,nact new laws, but It does neither. 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-
ions against the trusts.
The Republican platform on this oues-
Ion and the Presidents letter of accept
lnce, taken in connection with the party's
'ecord prove conclusively that no re-
ief can be hoped for from that party.
Instead Of pointing out the evils Of trusts
he Republican leaders spend their time
n exulting over present conditions. The
rust Is part Of present conditions, and
Mr.. Flint. from which I have already
quoted, declared that the formation OF
arge corporations was one of the i'm
)ortant features Of what he described as
he present business activity. II Re-
publican leaders really regarded private
as an evil; II they really in
tended to apply an effective remedy. tney
would not hesitate to denounce trusts and
suggest means for their determination
,ut they express far more solicitude for
he corporation than for the people at
arge. One Is reminded Of the picture
which a mother once showed to her boy
% impress upon his youthful mind the
of the Christian Martyrs. who
we're being thrown into the arena and
orn to pieces by the lions. The boy
ooked at the picture for a moment. and
hen his face frightened up as he thought
he caught the idea. Pointing down into
me point Of the picture. he said. why.
there is one poor little lion that
sn't getting a bit" II is even so with
he Republican leaders. Their sympathy
goes out freely to any corporation. which
n their opinion is not getting It's share.
,ut they are not moved by the hardships
by monopolies upon all who are
outside Of the charmed circle. Three
sessions Of Congress have convened and
adjourned since the Presidents inaugu-
-ation. and yet he has never recommend
ID 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 hin
,reating a paper money trust and sur-
rendered into the hands Of the national
banks complete control Of the national
Just as Congress was closing
/ farcical and hypocritical attempt was
made TO deceive the public by the intro
luction Of an antitrust amendment. and