The Minneapolis journal., 1902-07-30
The TRUST
OF TRUSTS
.--. 4...- HhA DUHA "
international Combine Includ-
ing Rockefeller, Roths-
.~ child and Nobel.
Representing Capital of Near-
ly Ten Billions-A World
Dominated.

london, July 30.-The greatest trust
the world has yet seen, combination
which will have absolute control OF the
trade of Europe, America and Asia, sprang
into existence yesterday, when semi
official announcement was made OF the
merger OF the interests Of Rockefeller,
Rothschild and Nobel. This combine has
unquestioned proprietorship Of the great
oil fields in the United States. in Russia
and in Siberia, and can dictate to the
world the terms it needs for its COM
modify.
The Daily Mail declares there is no
longer any doubt that the three monster
oil interests of Rockefeller, Rothsch1ld
and Noble have entered into a working
agreement.
THUS" says the paper, without any
publicity the greatest trust the world has
ever seen has sprung into being" This
combination, says the paper, has been
limited at in messages from Batoum and
Moscow, and it has been more clearly
shown in the offers to Russian oil export
ers by representatives of the Noble and
Rothschilds for the ABSORPTION of the
made openly for the purpose OF maintain
ing prices, and it has been refused, the
Russian exporters preferring to fight.
1t was doubtless this combination,
continues the Daily Mail, which In
Nduced the Russian government to issue
invitations to an antitrust conference.
The spokesman of the great combination
declares it means fight to the death,
: and Independent exporters cannot hope
to win.
The Nobel Interests.
The Nobel interests have large-it is
stated a controlling-share in the Rus
sian oil fields, and, what is still more
valuable, they have exclusive patents for
the manufacture of various explosive oils
which are used by the European govern
ments in the manufacture of smokeless
ammunition.
They also have the trade of England
north Of Birmingham, and Scotland by
q working agreement with the Standard
Oil company. Southern Europe also Is
mouopolized by this concern. Outside
these three big companies there Is but
scattering OF small firms, which will
be helpless against the big MERGE. $500
=" The Standard Oil Wealth. ~
The extent Of the financial interests
involved are apparent. The Standard Oil
company, besides its own vast works
dominate United States Leather, Anal
gamated Copper, American Sugar, the
glucose and beet sugar companies, Lin
seed Oil, United States Salt and dozen
or more corporations directly subordinate
to itself. 1t has or had $150, 1000 in
the big steel corporation, besides innum-
cradle millions in gas stocks. The mar
ket value of the industrial stock con-
tro1led and owned by the Standard Oil
people approximates $1,250,0 100000. This
rot, ,1ac thn Cfon do r1
which is selling at about $500 share, a
figure which would make the total valu-
alton of the $10O,O00,00O share capital
$500, 900 900.
Bankers and commission merchants In
Wall street who keep close track OF the
Investments estimate the Standard OIL
holdings in railroad stocks and bonds at
$3.50, 100000.
In banks, trust companies, insurance
companies, railroads, gas companies and
industrials the grand total Of Standard
Oil capital now. employed is close to
$4,000, 600, 900. The annual income from
these investments approximates $780,
OOO 1000, most of which is, of course, re-
invested as fast as earned. That this
stupendous growth should focus the at
tention of fnanciers and the world In
general is inevitable, and as the mighty
monument grows higher it looms into
greater prominence.
The Rothschi1d Wealth..
1t is estimated by those who know most
about the Rothschild wealth that it ag
gregates more than $1,000, 100000, and
that the American investments are at
least e so, 900. 900. The Belmonts are we'll
known to be the American agents of the
Rothsohilds, but the relations Of Morton,
Bliss & Co. to the great European bank
ing house are also understood to be in
innate. The Rothschilds' American in
vestments include large holdings Of oil
stocks, railroad stocks and bonds, brew
cries and, in fact, all sorts Of property
which seem certain of yielding profit.
The Usual Denial.
London, July 3O-James Mcdonald, gen.
eral representative Of the Standard Oil
company, and manager of the Anglo
American Oil company, denies the story
printed in the Daily Mail to the effect