The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-09-29
Politics and Trustg.

FoiIviCS anu lTuStJs
A correspondent inquIres< rot what
political faita are the heads OF the larg-
est and mos. Important trusts and cor
porations OF this country?'' As a mat.
ter OF fact. there are bur two truly mo-
nopolistic trusts In the United States.
whose product IL Of universal consump-
tion. They are the Standard Oil Com
pany and the American Sugar Refining
Company. Both have opposition. II is
true. hence are not absolute monopoiies.
but the opposition does not prevent
these corporations from handling a
much larger proportion Of the total
product In their peculiar Industries
than Is the case with other producers.
II the Rockefeilers, OF the Standard
on Company. have any political faith.
they have been extremely quiet about
making it pubic. Their only active In
reference In politics. except distinctly
for the purpose OF advancing their own
business interests. was IN the aid which
they gave 10 the election OF Senator
Payne. Of Ohio. Democrat; and In ad
vancing the political fortunes % Mr..
whitney. formerly In Mr. Cieveland's
cabinet, and one OF the most distin-
guished members Of TT. Democratic
party In the United States The son OF
senator Payne, who was also the broth
er-in-iaw OF Mr. whitney, was one OF
the origina, members Of the Standard
on Company. was general counsel for
the company. and furnished the legal
talent for carrying out the trus,
schemes. II was his legal talents and
brains which evolved the trust idea.
primarily. He was an active and In
fiusutiai Democrat
The Havemeyers, OF the sugar trust.
are and always have been active
and partisan Democrats. They were
heavy contributors 20 the Demo
cratic campaign funds. in re-
turn for which their Interests were
thoroughly protected in the Wilson
tarlr bin. which struck out all pro
tectian 20 the producers ~ raw sugar
IN this country and imposed a iiserim.
mating duty on the refined article. The
passage 81 this act sent sugar trust
stocks up with bound and added
millions TO the Havemeysr fortunes
The president OF the copper trust is
Marcus Daily always a Democrat The
Hearst millions. which are hehiaa the
Democratic newspapers. the Journal.
Examiner and American, are largely
invested IN the stocks OF this trust
There are a raand dozen or steel aud
iron trusts, 40 called OF these, that
az the Carnegie company IS probahiy
The largest, Carnegie has heretafors
been Republican. on the tarir issue.
Ne Is now pronounced ansi-lmperial.
lst. but he has no, yet announced
whether or not he wsil support Rryan
We certainly Is not In any way aiding
the Republican PARTY. OF other steel
ard iron trust maxna,es, the only one
rromineni in national politics Is Tom
l. johnson, who Is also al the head %
syndicate, practically a trust. which
controls the street car service IN sew.
eral " the large cities He 10 a Dem
ocrss a hearty supporter o. Bryan. aud
win be on the stump for him before
the campaign closes
OF the smaller trusts. the cotton bale
trust. which win ultimately have all the
cotton planters OF the South at it's
mercy. is headed by searles. formerly
connected with the Havemeyers in the
sugar trust. He has never taken an
active part In politics. but IS believed
20 be a Democrat. one OF the leading
stockholders OF the trust. a member Of