The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1903-11-20
AMALGAMATEO COPPER

ANAL uAWA EU GUfFEh
production b., its extraordinary action following Montana court c-
population of less than 10000 OF men of working age
c many than $1,000 while the closing OF the mies OF the ANAL
gauacd company throws out of work It reported 10000
Directly and indirectly the company, therefore suddenly
and without notice deprive employment than oncrd
the entire active working force of whole state 1t is doubtful ever
before situation like this prccptated American common
wealth 1t has already thrown Montana into emet and the shut
down Is prolonged as threatened to be- the consequences IN the
political and judicial ordering OF that state must be great
In the litigation which the Amagamaed took with
IT'S purchase most OF the stock OF the Boston and Montana company
the right easily located There nothing in the character OF
either party the controversy indicate and such the boodezed
condition OF me whole state through the wars millionaire forces Tor
the control the mineral wealth hand that the
justice have been unable lift themselves above the general atmos
that entering the OF Montana with their scheme OF alien
bcng monopoly the conductors OF the Amagamated have
for with forces which appear be mae in ggnd
zng methods they themselves and there call for sympathy
with them those who have conhded investments their charge
do not know upon what ground it is based.
The engineers OF this great enterprise identified with the
erosion for monopoly ends is less familiar Their business
character known the time Of embang the enterprise
sOda control the copper the United
of the whole world 1t could be said of them that they sailed under
false coo AS the nature Of the proclaimed
in the the ship the color OF the flag and the personnel of the
mand Beyond that questions De asked and volunteers
the yoage understood that th were to keep STILL trust implicitly to
the commanding officers and share the fortunes OF the cruise And
such the sail these conditions that the first offer
100000 Amaganaed brought sub
scpons for S4oooooOoo That when the
Of the Anaconda several smaller copper
properties, and Amalgamaed stock quoted high
the subscribers having got par Two years later the
increase stock S55oOoOoo with the purchase of of the
the Boston Montana and Butte and Boston
and the OF Amagamaed stock o with dividends
Thousands of people hold these shares generally obtained in the
ity. Of 500 a share.
cruise secrecy proceed
ed admirably Copper put up about five above
the normal and held there for months making profitable market
for all production of which i'll the United States the Amagamated
company controlled about The result the
all the arbitrary control of this market New
ducton highly stimulated restricted and there
great fall in the OF the old French syndicate The
Anagamated dividend fell per then and finally
stock gone down the market from 35 causing shrnkage
in valuation OF SI4oOOOo total issue 55oooooo
nobody board this outside of the cabin for the life Of
him tell the condition the ship than it is thus
continues long the of the enterprise grow though
will be the possible derived from the ability OF the
company market its large stock of unsod said to reach the
total of 100000 pounds little better price than has recently
prevailed
This experience with Standard Oil methods Of
Nusness hope will be lost upon the country 1t has been
costly prove astngy effective We nothing about
the monopoly character OF the The policy OF has
enough condemn There ought be the
undertaking. closely related the
seeking the support the scattered
Of thousands of citizens which yelling its affairs
conducting after the OF the the
pvaeer 1t should work the light OF day, and time the
law will make this compusory-Sprngfeld Republican.
of