Omaha daily bee., 1908-08-12

m II my facts have been srooysd ,ossshs, arisht ! have made sSsoIIu;;:, S
t Tsn he ss sssRdSnG machine SSt OF tS ss s s0Rsss i tSss s to st p%SeT It OF tS SSSSF o SrTia oof
t9s the re profit s Of your isboTs have shown these men becoming S.S billion ION
tgrsd the inasTmos, stFonshod q soysSnsSt until he very ccnsatoton
come the Gibraltar Of special privilege. Today the American Government
Construed %IS 'f for the Il ~ j1. tS%S anG and 'S defense sS%s oS of sSar ' u.9f 2a rS'''''0" ar
welt. Il the t'5 aeSah R5io Of 't t sSq BIZ ,% Hs insurance. TSSs n sPsfssF:. the %s I sra6Sin Ri of3 sSe
Tom Ryan, and the reversal Of the standard Oil saS0oO,OoO fine, and the
it 5g son of other the Pq j1dss anG v BSA Wnsh Of p fss 9sHP' soo 1SSsf T pPoe daESs dt tnsis
d Ses ' ooG 9%T's must Sa h RsTSf proved OUeS% fo you that t' neither in % the law w0 nor + iH
n.r II E the 90 G SDe5Dtr.ta bs0 DOTet he . . 6 &c f Sr alter eT HI G SSnSia9p that
found some ne n Re sv way to G,S cope Nv with tn-U the s enemy OF + the sy. common IN T ts rrT The
shion | shall fully disclose to you in my tOmOrrow's advertisement is the
of bouts %9 r S%S ts system 1hf ssa s Convinced Ps so me- q Of tRe in Fse 1890 after 20 years
istmT tSt. any band Of men men who could control oo%nTT,n the b. banks oon and It trust is
country, would be able to AZ and sway the value of the stocks and bonds
~ sdMHTn at, the power r. to TX and sway price; ,u of :, stocks and bends bond.
sd%Thst with the power to make unlimited money money this band must
In 1880, with a full knowledge of existing financial conditions, I con-
SlpdsG tS nat through Ss Ednt the t orS enaSe Of f a G netne type q @ Of tS SeEeo TeT i tnPS y On
themselves; planned a Institution directed to accomplish the purpose
of uniting the combination in one institution:
to engage in any business; own banks and trust companies mics and railroads
should have a large capitalization expandable to any degree and free from
with a large sO list Of stOcEhoders, and its stock established on the leading
TO perform the functions | had designed for my Institution it was ne
is inception the @S ErantoF State should not i pSoniSiaOas ter to null;
d la imeo Sosg o e .s Sss 5oHs: on it its %os sfs' Be- 'f po.sb1s sP th he s ssstsT rs so p at
chase a majority Of the stock once its menace was realized. Above all,
the complete control of the affairs of this institution must be In the hands
Of ONE n mn in whose ability and honesty Of purpose the stockholders
should have sufficient faith, to vote as he a fit at it's meetings, and that
this one man should be fully empowered to issue and sell, to the public any
amount of stock 10 II would have in its treasury at all times any amount
Of cash independent of the Systems banks and trust companies, o r of the
Government itself.
My conception was a ideal one. 1t did not cen possible that any
corporation in existence met all these requirements. In 1894 1 found that
there actually a such an institution in being, the Bay State Company of
Delaware. -
This corp0pation W as the offspring Of an up to that time unheard Of
combination OF conditions. j. Edward Addicks, controlling the State of
Delaware, for PURPOSES of his own, in no way related to my plans, had
procured from the Legislature of Delaware Just such a charter a IS my plans
called for
I entered into a business alliance with Addhks, and he delegated to
ne the financial management of bis institution. At n time up to the
publication of this statementh has Addnks IT anyone other than Standard
OIL Rogers had any idea of my plans and Rogers was acquainted only with
a part Of them
When I took charge of Addcks companys affairs, and while I was
Boston, August IL, 1908.
This advertisement will be continued here tomorrow.