The Montgomery advertiser., 1905-10-29

of the sugar trust, Searles embarked upon a number of different enterprises. two of them being the so-called Cot ton Trust (American Cotton Company, and the so-called Type Trust (American Type Founders Company. It was freely predicted then, because or ms great success in the sugar trust, no doubt. that he would make these trusts it's equal and become richer than ever. But, somehow, he didn't. On the contrary on March 5, 1901, after he had been going along for about two years, he had to make an assignment. | At that time he was president and a directors in both the Cotton and Type Founders trusts, and a director or | trustee in sixteen other big corpora tions. The claims against him were n little over S2,00O,0o0. and his nominal assets were a little over s3.500.000. Ills | friends declared he would be on his | feet again soon, and, in fact, little more than a year later he was in shape | to re-enter commercial life through bankruptcy proceedings in the United States Court, But he will not bulk large. probably, in any adverse publi- city that may come to the sugar trust | in the future.
 Despite the hostile attitude adopted toward SearIes in many quarters, there was no little sympathy for him in others, and, in fact, most of the big sugar trust men have been entitled to some sym pathy from time to time if an abund- ance of personal misfortune would war rant 1t.
 The Havemeyers themselves have had no end of trouble. Quite early Tn the
 family history George, the iavorts son of inc second F. C., fitting himself to he a practical sugar refiner, fell down n "well" in the big williamsburg TO- finery and was killed.
 Charles Hayemeyer, son of Theodore A and known familiarly as "Curley, married to beautiful and popular young woman. now the wife of Frederick O.
 Beach. a New York society man. com mitted suicide mysteriously in le9S.
 Tn 1900 his sister, Mrs. Natalie Have meyer Mayer killed herself under oir- cumstances very like those surrounding his suicide, and before that HaVe-
 meyer had taken his own life In Paris. The complete story of these trageoies, and of Theodore A. Havemeyer's heart hreal,inR disappointment of a lifelong | anhitIon to be United States Minister to Austria, together with the annals Of | inc rise of the family founded by two poor German immigrants Of Scham- burg-Lip from poverty to heights or
 the dizziest in American multi-miIlion- l airedOm, WOulu
 n,atic novelist with material for half
 a dozen thrilling tales.
 | Nor has the Havemeyer family his | torv been without its humors In the
 miSdle '9Os H. o. Havemeyer, who was | then in appearance typical old school
 capitallst, because of his flowing side
 whJskers since discarded the famous
 presIdent's friend of Cleveland's time.
 because a schoolhouse presented by | IIavemeyer to the Connecticut town or l c.reenwich. where both men lived, was l so hiob that 1t shut off the view of the
 Sonn5 from the Benedict residence. The
 whole country laughed till It's ribs cracked over the contaoulatloh, anu | IIavemeyer finally compromised by re-
 ducing inc height of the school house to one story. In return Benedict was
 t Iuiid a gymnasium for the school,
 hn+ work upon 1t has not yet been be-
 gun. - rhoodora wss tba
 head of the family, as well as the trust
 I','ob richer than H. O., though not so
 nctive His wonderful town house, with Its twentv-eIght servants and luxurious
 s,,.ntabings was often exploited by the
 ronkInses So was his no less wonder
 SrI country seat called Mountain Side
 Farm at Mahwab. N. J., where he had
 spent money by the pale, not onIy on
 bfs house, but also on his pictures. his
 hiooded cattle his chickens and no end
 of inc things the multi millionaire gem
 tian,an farmer likes to have about him;
 besides places at Newport and else l where.
 American Sugar Refnlns Company. 1 Tn fine meantime the trust. avowedly
 as such- came to an end in 1891, four
 1,eers after it's organization. The de-
 taus of lis reorganization would be te-
 5tons and technical. but. in brief, 1t was
 nraeticalIy a parallel to the Standards