The Hickman courier. [volume] (Hickman, Ky.) 1859-current, 1908-04-17
The ORIGINAL NIshr Rid...

Inc following article p.hli.l.,.
Coleman's Rural World Il f ,'-..'. 20
pen Of "Aragon." a veil '1 t. 'a'
writer Who resides in Hickman D''a
The American Tobac,o 80
sprang into existence In iso5 any
i's parent vas. the cigarette. e,,.'a '
"a az the Centennial Fr,,... ,''.'''
1873 by some Of our admired 80.
cousins. So rapidly ala tb.s S.. ,'.n
able hibii find victims ~, @
companies engaged 10 The man,.
lure and sale Of these poison io-,W
ing tubes. So fierce vas tbe c,-
petition between these comoire, ~.
none Of them made money ''
FIVE Of the leading cIear.,,...-.,
ing firms, to-vit W. Dat. 80
Co, Of Durham. n. a. A.
Giptef. OF Richmond. va. Co..
& Co, and the Kinney To5sre. ri
OF Nev York W S. KimbanEC-
OF Rochester. n. Y. ana 0,,c,,
N. c., met IN New York .1 f.r.s..
1890, 20 consider vays of br,st..,
up competition. The asseisofib...
companies, wefe mortgage .rt
hafassing debts yet az ihir m-.,.--
Ct i've companies, With real e,.,,.
valued a. S400. 900. The Amsr,.,
Tobacco Company is launchel rtt ,
New Jersey charter Tor S2s O10On
chiefly paper and bankruptcy. s-i
The cfsduious public vas hraass, /,
such a point OF optimism. that nr
stock brought H.
Millions rolled into their Golfer,
in a day without ans riak. or ih. IN
pendnlre Of a ionsr. and their
ness vas less formidable. s.. .s,.
ed vas this unscflplous r1f ufb
this master stroke OF finance H,f
they began nighi-rdinr Do an,n
Behind closed doors, v.ih s.t.r
more destructive than Wnr
rifles, these pirates began t1 eae-.
the tactics Of Thomas =. Ryan r
A. Widener. W. l. Elk.ns anl ..s.
efs.
In December. 1895. after meet.
ing OF the directors of che Ararcr
Tobacco Co, 10 vas announce 90
the public that owing 90 thc snati.
factory condition Of the tr.n
the ssmi.a-nual div.derd c h,
company could not be- paid What
sas the re5ali2 American Icnrr
Co. stock dropped from il7 i3ti
Soon after the directors met ana le.
clarcd a dividend OF 20 per cent. i.
the meantime buying ail 20 ias tts
stock Of the company thai could 3,
obtained az o.. and amuinnc5aiY
declaring scrip (Faiered noctI
dividend Of 20 per cent. up v-a
the stock in kangaroo leaps 4n.lt
reached $50. What vas rcpreie-.
ca hcre2
This company. composed oI Eve
bankrupt hrms, shose iaci1uel lr1
real estate did not fepres-u, over
400. 900. asating STOCK upon ihs
market representing miiiions Vat.
co. and uniiicfcd AZ shat
Upon this uatcrcd STOCK dividends
Of IS per cent semi-sunlally rlr
be paid Nov let us see hcv ibis t
paid. Tobacco dealers ai frfi vsfs
The ones selected al The veiui
any dealer that would oil, hrp .u
cause q would ruin ~ no, selling
him the goods be most lcclc.
Men who dchcd them Ecre ue' lT
an opposition that hey bad u1' an-
ticipatsd trust stores. man ifaaiti
By The A. T.. Co. we're opened In
close proximity. and their goods
sold al a margin so low thai ihs Boz.
dependent dealers vas driven on OF
business. So insIftcni iid this puc.
ticc become that many, ii not All, %
the independent dealers we're forced
into other channels for a lve.ihooi
for themselves and families, 90 into
the employ Of the American Ioaac
CO Co. We might cite The fca'ef
20 The many changes made Boz CHS
monster trust by the encroachncm
OF other companies, and the absop.
ton OF the same through fore, %.
circumstances. and the addition o.
millions Of waiered stock each iime
a change vas made, bat an article
Of this kind will not admit.
When We cali attention 10 'hs
fact that the Standard Oh Co anai-
ly slips into the gang and Do A
though its influence in a great meA-
sure that this gigantic trust has De-
come so formidable. After various
schemes and conspifacies between
Keene and Payne. the latter ah