Missouri Valley times. [volume] (Missouri Valley, Iowa) 1874-1931, 1900-09-20

GUS minis. producing over SeNenty-slX per
cent of the output of the United States.
| The Continental Tobacco Company in
Sorporated in New Jersey in November.
1873 with capital of 500. 600 half COM
mon stock and half preferred Acquired
on ,he leading plug tobacco companies ~
we United States. and also purchasea
.he plug tobacco business of the Ameri-
| can Tobacco Company, in whose interest
| it was formed"
Giant Federal Steel fruits.
The Federal Steel Company, incorpor-
lated IN New Jersey in September, 1885.
"'th an authorized capital of S2oo,eooooo
| capital. half common stock and half pre-
lsrrea, consolidated the Illinois Steel
1,ohpany, the Minnesota Iron Company
the Duluth & Iron Range Ry., the Elgin.
1oilel " Eastern Ry.. and several other
compaiMes 1t owns five docks on the
great takes, and majority of the steam
1 ers and barges used for transporting
ores.
me International Paper Company. in
tofporated In January, 1SaS. estate not
e eaN en-, with an authorized capital of 500
ovV'",o common and s25,00oN0o preferred
! su.ch. consolidated twenty-five. pulp and
| PAPER minis. manufacturing about eighty
per cent newspaper
,,a lNery newspaper has suffered from the
p pmt,rr trus1, the magazine, for instance,
orsanization, and supported by fixed
appropriation. has been compelled to les
seh us reading space because of the rise
| IN the price of paper
Inc National biscuit Company. incor-
porated I'm New Jersey in February, 1898.
With s3o,0oooO0 common stock and $25,000.-
Geo 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
M,VooWO of common stock authorized. and
sa'oooooo preferred, produces about ninety
I'VE per cent of the total output of the
4 country.
The National Tube Company. incorpor-
ated in New JERSEY. i'm June. 1899. has a
/ ,'lal stock of ss0,0OO,o 900 half common
and half preferred, and controls about
ninety per cent of the output of the
| United States
The Rubber Goods Manufacturing Com
pafN. Incorporated in New Jersey in Jan
uarN 'sN owns practically all the capt.
'al STOCK OF the Mechanical Rubber Com
pany. the Peerless Rubber Company and
| the India Rubber Company, as we'll as
| seNentY-flNe per cent of the stock of Nor
gan y Wright II also acquired the tire
/ making plants of the concern known as
| me American Bicycle Company. and the
American Dunlop Tire Company. Author
ICED capital stock S5O.000.00o, half common
and half preferred.
| The Standard Rope & Irvine Company.
Incorporated in New JERSEY November
4 y 1875. with capital stock of sl2.00O.-
Wro. consolidated twenty-five large cordage
| mills
The Union Bag and Paper Company, in
| corporated I'm New Jersey in February,
1899. with sl6ooO.Ooo common stock and
sll,ooo.ooo preferred. consolidated various
plants, doing ninety Per cent of the paper
nag business of the United States.
United States Cast Iron Pipe and Foun-
| afy company. Incorporated i'll New Jersey
/ IN March. 1889, with an authorized capital
Of $3O.oOo0O0, half common sock and half
| preferred, consolidated the principal cast
| IRON pipe companies of the United States.
United States Envelope Company in
corporated i'm Maine in 1898. with au-
| thorzed capital of $1,000 GOO and 81, 600 Ooo
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 1876 among which are tho American
| Cotton OH Co. the American Sugar Re
1 inning Company. the American Tobacco
Company. the Diamond Match Company.
! the National Lead Company, and the
] Standard Oil Company
No Hope from Republicans
1 During the present administration no
! honest effort has been made to protect
the people from these monol,olics. The
| Republican party controls tue executive
and he legislative departments Of the
federal government. II can enforce the
| laws which now exist IL can propose and
enact new laws but 1t does neither No
| persons can watch the conduct of the Re
| publican party and read the speeches Of
4 Republican leaders. and stiil believe the
| Republican party sincere in It's declara-
4 lions against the trusts.
4 The Republican platform on this qlics-
| ton and the Presidents letter of accept
ance, taken in connection with the party.s
| record. prove concusively that no re-
lief can be hoped for from that party
\ Instead of pointing out the evils of trusts
/ the Republican leaders spend their time
/ in exultng over present conditions The
/ trust is a part of present conditions, and
MIR. Flint. from which have already
quoted. declared that the formation OF
| large corporations was one of the inn
| portant features of what he described as
\ the present business activity III Re
| publican leaders really regarded private
monopoly as am evil: II 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 soicitude for
| the corporation than for the people at
large. One IS reminded of the picture
which a mother once showed to her boy
to impress upon his youthful mind the
sufferings of the Christian MARTYRS. who
i were being thrown into the arena and
| torn TO pieces by the lions. The boy
| rocked AT the picture for q moment and
| then his face frightened up as he thought
I he caught the idea Pointing down into
/ one point OF the picture he said. .sWhy.
\ mamma. there Is one poor lit,n lion that
4 isn't getting n 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 llardships
/ imposed hy monopolies upon all who are
outside of the charmed circle Three
| sessions of Congress have convened and
| adjourned since the Presidents na,l.ll-
! ration. and yet he has never recommends
! ed a specific measure looking toward the
! overthrow of monopoics
Paper Money Trust.
| At the opening OF the last session of
! Congress the Republican leaders pressed
! through the House and Senate a bin
| creating a paper money trust and sur
rendered into the hands of the national
/ banks complete control of the national
currency Just Congress was closing
a farcica and hypocritical attempt was
| made to deceive the public by the intro
! duction of an antitrust amendment and
an antitrust bill. The amendment was
/ not necessary and was intended to de-.
prive the states of the power which they
| now possess rather than to confer unon
! Congress new authority. This vicious
1 amendment was defeated in the House
| by the Democrats. The Republican lead
i ers then confessed the amendment un-