Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1900-10-12


with Sc5 90. 900 capital. half common stock
ana half preferred. consolidated numer-
Gus mills. producing over seventy-six per
cent or the output OF the tnited States.
The Continental Tobacco Company, in
corporated in New jersey in November.
1898, with capital OF slco coo 900 half com
mon stock and half preferred. Acquired
an the leading plug tobacco companies in
me United States. and also purchased
Inc plug tobacco business of the Ameri-
can Tobacco Company. in whose interest
II was formed"
Giant Federal Steci fruits.
Inc Federal Steel Company. incorpor-
ated IN New Jersey in September 1898
with an authorized capital OF $50. 800 no
capltal. half common stock and half pre-
ferred. consolidated the Illinois Steel
Company. the Minnesota Iron Company.
me Duluth & Iron Range Ry.. the Elgin.
joliet d Eastern Ry and several other
companies 1t owns five docks on the
great lakes. and majority OF the steam
ers anu baryes used for transporting
ores.
Tho International Paper Company, In
corporated In January. 1893. Estate not
siVen) with an authorized capital OF $50.
100 600 common and 25.oo0ooO preferred
STOCK, ConSolldat ted twenty-five pulp and
paper mills. manufacturing about eighty
per cent newspaper
Every newspaper has suffered from tho
paper trust. the magazine, for instance.
published by the Locomotive Firemen's
organization. and supported by fixed
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. 1928.
with $50 900 0Oo common stock and s25. 010.-
GN0 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. 1880. with
e GO of common stock authorized. and
s.. 900 preferred produces about ninety
Ave per cen, of the total output of the
country.
The National Tube Company. incorpor-
ated IN New Jersey. in June 1899 has a
raj stock of $50 ooo. 900 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-fve per cent OF the stock of Nor
gan & Wright. 1t also acquired the tire
making plants OF the concern known as
the American Bicycle Company. and the
American Dunlop Tire Company. Author
lied capital stock SO Oc0. go half common
and half preferred.
The Standard Rope & Irvine Company.
Incorporated in New Jersey November
.. 1895. with capital stock of 1000
Wo. consolidated twenty-five large cordage
mills
The Union Bag and Paper Company. In
corporated In New Jersey In February.
1899. with si6.oo0ooo common stock and
sli'oW.coo preferred. consolidated various
plants. doing ninety per cent OF the paper
hlIefnaGo ~ he TT,t,.
United States Cast Iron Pipe and Foun-
dry Company. Incorporated in New Jersey
IN March. 1899. with an authorized capital
or 10000 600 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 I'm 1898. with an au-
thorized capital of 1000. 900 and 81. 900 90
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 10 several trusts organized prior
to 1896 among which are the American
Cotton OH Co. the American Sugar Re
EirfIlE COMPANY. the American Toba eco
Company. the Diamond Match Company.
tho National Lead Company. and the
Standard OIL Company.
No Hope from Republican.
inc present no
honest effort has been made to protect
the people from these monopolies. The
Republican part controls the executive
and the legislative departments of the
federal government. II can enforce the
laws which now exist: II can propose and
enact new laws. but II 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 It's declara-
lions against the trusts.
The Republican platform on this cues
ton and the Presidents letter of accept
ance. taken In connection with the party's
record. prove conclusvely 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 exulting over present conditions. The
trust IL Part OF present conditions. and
Mr.. Flint from which l have already
quoted, declared that the formation OF
large corporations was one OF the i'm
portant features OF what he described as
the present business activity. II Re-
publican leaders really regarded private
monopoly as an evil; II they really in
tended TO apply an effective remedy. they
would not hesitate to denounce trusts and
suggest means for their eXtermina ton,
but they express far more solicitude 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
were being thrown into the arena and
torn to pieces by the lions. The boy
looked at the picture for n moment, and
then his face frightened up "a 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 n bit" II is even so with
hn Pnnptliirun lalHayg hair Sx,vV, not !,
goes out freely to any corporation. which
In their opinion is not getting Its 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 manga
ration. and yet he has never recommend
ed 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 q bill
creating a paper money trust and sur
rendered into the hands Of the national
currency. Jus, as Congress was closing
a farcical and hypocritical attempt was
made 10 deceive the public by tho intro
ducton 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
new possess, rather than 10 confer upon
Congress new authority. This vicious