The Birmingham age-herald., 1903-10-04

today the most influential individuals in the money and stock market They dom hate the street more completely than Mr Morgan did in the heyday of his sue cess By reason of their control over and Influence with banks, trust companies and Insurance companies. they have been able to play on the stock market with abso- lute certainty. They can tighten money or make 1t easy at will That this has been part of their play has long been obvious to Wall street The i'll will of the Standard oil party Is dreaded by every man in active business in the financial district. This is comparatively a new thing and grows out of well defined suspicion that commission men and bank CTS who go counter to the Standard oil plans are likely to find themselveS em- barrassed and handicapped in many ways.
 The managers of the Standard Oil party in Wall street are in command of every avenue of information and are intimate ly acquainted with the condition of ey- cry important operator, broker and banker in the street. It was once MT. James k. Keene's boast that he had closer information of the inside affairs of Wall street than any other man or set of men, but his machinery for acquir- ing information was as nothing com pared to that in the control of the Stan dard oil group. These men know the lo- cation of every important loan in the street and the condition of every ac- count that is worth knowing about They know how much money every man owes, where he owes 1t and the extent of his resources. In the accomplishment of Q purpose they move in hundred different ways. For weeks attacks were concen- trated upon one large banking institution. rr4r-s n, a mass of middle-weight industrials. It was forced out of one after another of these and is believed to have suffered loss of not less than $25000, GOO. Never once did it show the white feather and is still defiantly shaking it's fist at the Standard Oil group, although it has al- most ceased to be a factor in the situa- ton. It was stripped of a large share of it's resources, but it's pride was never humbled and the one particular thing the Standard oil crowd was after is still held intact.
 What the outcome will be is still in doubt, although it is not improbable that when the heat of passion cools the bank ing house in question will come to terms and yield to the Standard oil outfit the prize it is after This institution is the most stubborn proposition the Standard oil party has encountered during the en-  ence in the financial markets. The un- equal contest has been watched with eager interest by those who were aware of it's significance. In another case very strong capitalist stuck up his head in opposition to one of the Standard oil plays and three companies in which he was largely interested and whose securi- ties he had up in bank as collateral were simultaneously attacked-Canadian Paci- flo Do rrrancit and Metro politan. Discovering quickly what the matter was this individual went to his knees at once and the assault upon him ceased. Coveted holding in New York Central, Pennsylvania, Reading and Bal timore and Ohio were openly 'gunned for'' by brokers who were often used by the Standard oil manipulators on the stock exchange.
 The result has been that Standard oil money now dominates the eastern rail- road situation This fact is no longer dis puted although when announcement was first made some weeks ago it was treated skeptically by even the insiders in these properties. The arrangements of both New York Central and Pennsylvania now know and appreciate the truth. The Stan dard Oil is not believed to be ambitious to assume active control of the proper ties, it being in accord with the policy of these enormously rich and powerful men to refrain from disturbing existing conditions as long as matters run smoothly and their power is recognized.
 The last 10 point break in United States steel represents the momentum of a body too heavy to be controlled. When the corporation was formed conservative peo- pie in Wall street expressed the fear that the capitalization was too large for safety and that In the event of panic it might break away and become un-