Virginian-pilot. (Norfolk, Va.) 1898-1911, 1900-09-16
Mr.. BRYAN ON
THE TRUST EVIL.
Continued from Pagel.

pany. Incorporated In New Jersey,
June, 1899. with s25, 400, 900 capital, hair
common stock and half preferred, con.
soiidated numerous mills, producing
over seventy-six per cent. of the out
put OF the United States.
The Continental Tobacco Company.
Incorporated in New Jersey, in No
vember. 1898, with a capital of $500, 00O,-
GOO, half common stock and half pre-
tobacco companies in the United States
and also, purchased the plug tobacco
business of the American Tobacco
Company, in whose interest it was
formed.
GIANT FEDERAL STEEL TRUST.
The Federal Steel Company, incor-
porated in New Jersey in September.
1898, with an authorized capital of
SzV0Vop;VVO capital, half common stock
anu ,.r mar preferred. consolidated the IL
linols Steel Company, the Minnesota
IRON Company. the Duluth and Iron
Range Railway, the ElgH Joliet and
Eastern hallway and several other
companies. 1t owns five docks on the
great lakes. and n majority OF the
steamers and bargcs used for trans
porting ores.
Tile International Paper Company
incorporated in January, 1888, Estate
not giveno with an authorized capital
preferred stock consolidated twenty
i've pulp and paper mills, manufactur-
ing about eighty per cent. newspaper.
The National Biscuit Company, in
corporated in New Jersey in February.
1898. with $30, 600 900 common stock and
S25,000000 preferred, consolidated the
leading cracker companies, and con-
trolls in all one hundred and sixteen
plants.
The National Salt Company, incorpo-
rated in New Jersey in March, 1899,
with $1,000. 600 of common stock author
lied. and $5,0Q0,000 preferred produces
about ninetyive per cent. of the to-
tai output OF the country.
The National Tube Company, incor-
porated in New Jersey, i'll June. 1899.
has n capital stock of SS0,o00000, hall
common and half preferred. and con-
trolls about ninety per cent. of the out
put of the United States.
The Rubber Goods Manufacturing
Company. incorporated i'll New Jersey
in January, 1899, owns practically all
the capital stock of the Mechanical
Rubber Company. the Peerless Rubber
Company and the India Rubber Com
pany, as well as seventy-tive per cent.
of the stock of Morgan &; Wright. 1t
also acquired the tire-making plants of
the concern known as the American
Bicycle Company, and the American
Dunloy Tire Company. Authorized cap
half preferred.
The Standard Rope and Irvine Com
pany, incorporated in New Jersey, No
vember s. 1896, with a capital stock of
s12, 100000. consolidated twenty-five
large cordage mills.
The Union Bag and Paper Company,
Incorporated in New Jersey in Febru-
airy, 1892 with S16.000.000 common stock
and S11,000,0 600 preferred, consolidated
various plants, doing ninety per cent.
of the paper bag business of the
United States.
Foundry Company. incorporated in
New Jersey in March, 1899, with an au-
thori2ed capital OF 10000 900, half COM
mon stock and half preferred, CONSOLE
dated the principal cast iron pipe COM
panies of the United States.
United States Envelope Company, in
corporated in Maine in 1898, with an
authorized capital of 81, 100000 and $4.-
600, 600 preferred, consolidated ten COM
panies, and controls ninety per cent.
of the output OF commercial envelopes
in the United States.
The book mentioned also gives sta
tistics in regard to several trusts or
gained prior to 1896. among which are
the American Cotton Oil Company. the
American Sugar Refining Company.
the American Tobacco Company. the
Diamond Match Company, the Nation
al I.tiu Company, anu lIe 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 Execu.
tive and the legislative departments of
the Federal government 1t can en-
force the laws which now exist; it can
propose and enact new laws, but it
does neither. No person can watch
the conduct of the Republican party
and read the speeches of Republican
leaderS--and- Sill -halinxa-tha-Rep,.4, II
can party sincere in it's declarations
against the trusts.
The Republican platform on this
question and the Presidents letter of
| acceptance, taken in connection with
the party's record, prove conclusively
that no relief can be hoped for from
that party. Instead of pointing out the
evils of trusts the Republican leaders
spend their time in eXulting over pres
ent conditions. The trust is a part OF
present conditions. and Mr.. Flint, from
which I have already quoted, declared
that the formation OF large corpora
tions was one of the important fea-
lures of what he described as the pres