The Ohio Democrat. (Logan, O. [Ohio]) 1886-1906, 1900-09-27

cent OF the output or the Umteu States
The Continental Tobacco Company, IN
corporated In New Jersey in November
1898, with a capital of 500, 100000 half com.
mon stock and half preferred, "Acquireo
az the leading plug tobacco companies "
the United States, and also purcnaseo
tne plug tobacco business of the Amer.
can Tobacco Company, in whose interest,"
1t was formed"
Giant Federal Steel Truts.
The Federal Steel Company, incorpor-
ated In New Jersey in September. loss
with an authorized capital of $2cVooo,VV'
capital, half common stock and hair pre-.
terred, consolidated the Illinois steel
Company the Minnesota Iron Company,
tne Duluth d Iron Range Ry., the Elgin,
JoHet q Eastern Ry., and several otner
companies. 1t owns five docks on the
great lakes, and majority of the steam
| ores.
me International Paper Company, IN
corporated in January, 1898, Estate not
| slVenD with an authorized capital OF szo,
VVo'oVo common and s25,000,000 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 :
| orsanlzatlon, and supported by liked
appropriation, has been compelled to les
sen its reading space because of the rise
III tue price OF paper.
The National Biscuit Company, incor-
porated in New Jersey in February, 1898,
| with S3O,0O0 900 common stock and S25, 5,000,-
eco 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, 1892 with
s1,0Oo,O0O of common stock authorized, and
| $4,000 coo preferred, produces about ninety
live per cent of the total output of the
| country.
The National Tube Company, incorpor-
ated in New Jersey, in June, 1899, has a
| capital stock of 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 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
the American Bicycle Company, and the
American Dunlop Tire Company. Author
| lied capital stock $50, 900, 900, half common
and half preferred
The Standard Rope G Twine Company,
incorporated in New Jersey November
s, 1896, with a capital stock of $12,00O,-
| mills.
The Union Bag and Paper Company, in
corporated in New Jersey in February,
1899, with s16,000,000 common stock and
Sn 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 capita,
OF sSo,o0o.OOo, half common sock and hall
preferred, consolidated the principal cast
iron pipe companies of the United States.
United States Envelope Company in
corporated in Maine in 1898, with an au
thorized capital of 81, 900 and 81, 600 900
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 1886 among which are the American
Cotton Oil Co., the American Sugar Re-
lining 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
enact 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 it's declara-
tions against the trusts.
The Republican platform on this ques-
ton and the Presidents letter of accept
ance taken in connection with the partys
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 is part of present conditions, and
Mr.. Flint. from which I 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. 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 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 tne picture Tor n 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 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 inaugu-
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 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
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-
1 prive the states of the power which they
now possess, rather than to confer upon
Congress new authority. This vicious
amendment was defeated In the House
by the Democrats. The Republican lead
ers then confessed the amendment un-