Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1901-10-03

mind and withdraw its threat. But in
those three months everything will go
on smoothly. and at the last moment
if the National and the existing indie
pendent companies shall have succeed
ed in killing OF the big new COMPETE
tor, there need be no change in exist
ing conditions.
Capt. Muhleman was seen by a Reg
lister man last night and was asked
what he thought of the situation.
After reading the above telegram care
fully. he said he thought il merely a
bluff on the part of the existing glass
producers to scare OF investors in in
dependent concerns, especially the one
in which e is interested. Had the
National withdrawn without conditions
and had the Association gone to pieces
without the three months grace, he
would be alarmed somewhat about thc
possibility Of securing the money thu
new company will need, but he feels
assured that the whole scheme will
have been stripped of its mask before
1t will have had chance to work the
harm ii is intended to work.
What will be the effect OF your com
pany II the threat is carried out?" he
was asked.
ut can have no effect other than pos
sibly to delay subscriptions of stock.
There will be no effect on the trade
before January LIST, except possibly to
deter buyers from making large pur-
chases in the hope that prices will be
slashed after that date. This will only
hurt the people in the Association for
it will delay their trade and not the
trade we hope to set later. We VIII
have no glass to sell before late next
year at the earliest. II the fight comes
on. the National and the independent
concerns will have exhausted them
selves before we will be in the market,
and will either have broken themselves
or will be very anxious to push up
prices just in time to let us in for a
share OF the cream. No one who gets
a correct conception OF the situation
will hesitate TO place his money as
freely as he otherwise would have done.
The only reason for alarm that | see
is from investors becoming scared by
the threat. The threat in itself, even
though carried out, which | have no
idea that it will be- can have none but
a good effect on our enterprise. A
glass war would be the very thing to
let us into the market, and we viii
have q factory that will be able TO Keep
up its end in any price cutting coAtest
that may be started. AS for tt" Ma
tional leaving tie Association and cut
tins prices there is really no danger
of that The National has not been
able to sell as much glass as the NICE
pendent concerns, nor . make as much
money as the independent factories
have made. They are in no position
to make fight, or to keep up their end
of fight that might be made on them.
The Nationals real anxiety will be TO
raise prices rather than to lower them.
AS to the new company, It is not
likely anything will be done towards
erecting the buildings. except 10 put
in the foundations, this winter. In the
spring. the buildings and machinery
will be gotten in readiness, and 1t Will
be late In the summer before any glass
Is made. The company will invest
something ike 100000 and nearly that
much has already been subscribed. 1t
is hoped to easily get the remainder
that is wanted before it is needed.
Closing the interview, Capt. Muhle-
man said:
Il am more than ever assured that
It is a bluff because the National dur
ing the past year has not been able to
make money even at Association prices
and could not, under any circum-
stances. survive if Its prices were low
cred -