The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-11-05
TRUST TENTACLES T..
GRIPPING BRITAIN
Continued From First Page.

idea into the heads Of the meat trust
in the United States. The soap trust in
England is the result.
Go back a few months and remem-
Der the agitation against the meat trust,
the revelations Of 'the Jungle and
other reports. The canned meat trade
in England Of United States firms was
almost ruined. English Gamers gained.
meat trust in England. But it !, fell
thru. The influence here was not SUI.
ficiently strong. . .. -
Upton in the Veal.
"But when the English soapmakers
had their pockets touched by The sud
den rise in tallow they began to listen
to- the suggestions from America. I
personally know that Sir Thomas Lip
ton brought Mr.. Armour of Chicago and
Mr.. Lever together at Claridge g hotel,
during the American s visit here at the
end Of the past summer. =:
"Itwas soon after this that Mr.. Lever
began buying up soap companies. Buy
ing. them under one management for
right more than halt the. =: companies
now in. the trust, Those he .couldnaf
buy outright he has amalgamated.s :
"After the papers had all been
signed and the trust became fact, Sir
Thomas Upton was sent across the
ocean empowered to make the deal
with. the meat trust for the formation
Of an English holding company for the
meat trust. Upton has long been the
only man anxious to have such trust
here. Now he has the soap men and
other capitalists behind him.
-.- Child Of Meat Trust. g
1.-THE English soap trust is merely
the American meat trust. The latter
now holds the output and price Of tai
low in the hollow of its hand. Aus
tralian and New Zealand tallow, will
to an enormous degree, have to seek
another market than England, or ac-
cept whatever price the soap trust
chooses to pay. Otherwise, thru the.
deal Of the United States meat trust,
the soap trust will use all. American
tallow, - ~.-.- il, =. IL,
"There is the whole situation. De-
spite the cabled denials from the
Unit Unitea d States the meat trust appear
only matter Of weeks. It has been
a remarkably good deal all around
this formation Of the soap trust. The
English soap men in 1t are pleased, for
they now control the tal1ow supply.
The Americans are pleased, for they
now gain entrance to England for
their meat trust under distinguished
auspices and with influential backing.
"The. people who are not pleased are
tween them an ANNUAL income Of 49,
500,0 900 in soap advertising, and the in
dependent .soapmakers, who either re-
fused to join the trust or else were not
INVITED.
for the moment The newspapers.
thru their agitation are egging on the
consumer. But time works miracles
and as is always the case, the public
in few weeks will get used to things
and not care hang about the extra
cent or two in the price Of it's soap.
All Prices Going Up.
1.-THE English soap trust will work
out to one Of two things. It will either
in a few months swallow the independ-
ents and become a solid, up-to-date
American trust, or it viii be a one
man affair-with Lever as the man
who, In the soap market, will control
and have the balance Of power.
MS 1nIFoductlOn or the American
trust system into England; ,is Of course,
bad thing for the country. As t
have said, It is merely the first step in
the formation Of American trusts thru
out the country. It means that the
prices Of every commodity will 90 up.
There is no remedy but legislation. and
as England has no trust buster ike
Roosevelt, 1t is doubtful if there will
be any such legislation. The moneyed
| classes, the lords and ladies of the en-
/ pire, are interested in these great COM
mercial movements, for 1t Is their
money which is invested.
And as the empire is governed BY
the rich and the titled, there Is no
pope for the poor man but to patiently
bend his neck under the coming weight