The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-04-30
world-Control1ing Tobacco Trust.

& IL
New York. April 3O-An important move
ment in the battle for the control of the to-
bacco market OF the world will be made on
Thursday, when the Continental Tobacco
company and the American Cigar company,
through new management become prac-
tically one concern. The Continental buys
the whole manufactured stock Of the AnleTi-
can. This is long stride in the carrying
out OF President Dukes plan for the greater
tobacco trust. Control of the tobacco output
! of Cuba is aimed at, and President Duke has
been quoted as saying that the trust could
afford to lose s5;0OO,0O0 to get control of the
market for the British empire.
That measures to realize the latter are now
underway is indicated by the presence in the
city OF the Ogdens, Britain's greatest manu-
lecturers of cigarettes, in whose business the
American Tobacco company has already
bought a big interest The. Ogdens are here
for consultation with the heads of the tobac-
CO trust and further important Developments
are expected to follow the new arrangements
between the continental and the American
cigar concern.
The tobacco trust, through one concern, now
controls the American Tobacco company Be
sides this, it is reaching out in England, hay
Ing already gained controlling interest in
the big Ogden concerns.
lacks .'Positivc Lonfirmntion.,
The Great Northern of Canada consolidated
company, with a capital stock of $4,000, 900,
was incorporated at Trenton, N. j., TODAY,
to operate railroads in the northwest. The
incorporators are Benjamin P. Poore, John
McNaught and Arthur l.. Meyers. The regis
tered agent of the company is the Corpora
ton Trust company CT Is Exchange place,
Jersey City.
According to report which accompanied
thes filing of the charter to-day, the new
company is backed: by James j. Hill and the
Northern Pacific and Canadian Pacific rail-
roads The specific purpose of the corpora
ton, according to this report, is to construct
railroad from Duluth, Mimi, to Dawson
City, Alaska. The plan, as outlined is. to
bring freight to Duluth from a great area in
the northwest heretofore tapped by no rail-
road and load 1T on boats at Duluth for ship
ment to eastern points and Europe
"A large portion of the projected line. ii
is said, will be through wilderness in some
cases hundreds of miles from any other rail-
road. 1t was further asserted that the cost
81 construction would be considerably in ex-
cess of 500, 00O 600.
These reports. lacked positive confirmation.
MIR. HIPS Washington Visit.
A special to the Press from Washington
Gays: James J. Hill, the railroad king, who
although democrat, has no politics when
his business interests are affected, has been
here this week, making indscreet remarks in
regard to President Roosevelt Mr.. Hill. It
Is known to some extent reflects the views
OF J. P. Morgan, and that fact has given
especial significance to his remarks Mr. Hill
dined last evening with Senator Hanna at
the latter's home In Lafayette square. and
to-day he has had a number Of callers in
eluding Senator Gibson of Montana Senator
spooner Of Wisconsin, Former Senator Carter
OF Montana and, George II. Maxwell Of the
friends in congress could be induced to dis
cuss the purpose Of MI. Hills visit other
than to say that he is deeply interested in
irrigation legislation, now pending in, con
gress.
1t is understood that Mr.. Hill is concerned
about the amended interstate commerce bill
introduced In the house yesterday by Repre-
sentative Wangerscf Pennsylvania Mr. Hill
1t is said, came to Washington t0 assist in
defeating this measure.
Anxious for&peace.
Mr.. Cochran said that in his oninion II the
Beers Will make an oral concession of defeat
the English will pay them almost any sum to
restore their destroyed homes and reoair the
ravagess of the war. I'm other words. y he
said, England IS ready and anxious to paw
large sum of money to bring about peace
In South Africa, .
Would Down Roosevelt.
Mr.. Hills position, as outlined by a friend,
is that by the reduction of grades, the in
crease in the size OF cars and locomotives,
supplemented by arrangements that will in
sure loaded cars east and west bound, freight
rates can be SO reduced that goods bound for
the orient from points west OF Albany can be
adyantageously transported across the cont
nent and placed in the oriental markets be-
cause the American: shipment is burdened by