The Montgomery advertiser., 1906-01-30
ANoTHER MONOPOLY.
Big Money To Buy Timber Land .n The South.

I ] The South.
 New Orleans States.
 An unpublished story aoiny tn , rC unds among the lumbermen who | nave been in session here since the first of the week is of greater .nte~cst than any of the proceed lgs which have found their way into print
 That there Is the color Se truth t. the stories the lumbermen themselves ! do not for moment doubt. and they ' are to-day to be found in many groups discussing the sensation, just IS they Fave been since the first dly's sessio l of the yellow pine men. The cypress men are meeting to-day in executive session for the purpose of perfe cting interior organization details. but there are quite number of the lumbermen who have been in attendance at both the conventions still in the city. That they are staying over little longer than the convention may be due to the hospitality of the Crescent City, but most likely to other things.
 There Is not the slightest doubt of the fact that there is an immense sym dicate of capitalists, the principal nov CT of which Is a Chicago man, now aF- ranging to purchase very large tracts of timber land in the South. No one man or ten men now in the lumber business could possibly put up the money that this syndicate is according to the outlines of It's plans made known to those, who have been approached to buy land for it on a commission basis. That the men approached do not know all about the money which is back of the big buying plane presented to them Is not to be wondered at, for the Chicago man is too well known in the lumber business and in the Southern business world, to permit of any doubt being cast on any proposition he may propose.
 It has become more and more the opinion of the lumbermen who have assidously placed together the bits and scraps of information which have come to them, that the pile of money behind the syndicate is none other than the wealth of the Standard Oil Com pany and Andrew Carnegie.
 It is known that any man who is in a position to go out and buy timber land with a timber mans judgment, can get the very best business terms that have ever been offered for such service. The lumber journals tell of an immense deal in the western part of Louisiana just consummated In which the magnificent sum of $3,2O000O in cash passed hands.
 Mir Carnegie has had at least two representatives on the ground through
  have been all sorts of guses as to why they were present. Some of the lumber journals representatives surmis- ed that he might be preparing to write another essay. Still others suggested that he might be making profound study of the tendencies of the age to- wards organization and amalgamation for his new book. But at length it eventuated that the representatives were most interested wherever the op- portunity to buy timber land was most in evidence. The Carnegie representa- lives know and converse with the Standard oil representatives. Thus is pie1ed out the very theory that the biggest pile of money now in control of individuals in this country is seek i ing investment in the southern timber | lands So far have the plans gone that | it Is known that it is the intention of inc purchasers to put care takers on all the land purchased to prevent | depredations by squatters and tress- passers.