The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1909-02-23

at 81 @. O00, 600; dSScto So.
and ~money-hope. Later, mr.: Ryan
ana his wolf-pack paid in $1.35O'oOo;
IN . nrOmissOry way, MI. Ryan anu
bic wolf pack bought in the blach-
we'll Company, at S2,ooo,o"o1 This
centralized it for $9,OoO,oOo
watery exhibition caused Tue
IoIine Mr.. Duke, staring at proceeu-
;nas owe, the American CpIi-
INV fence, to lick his lips he IelI
tbat there might be one greater tnan
he and the name OF thar one "o'
Ryan
Mr. Dukes envious excitement rose
very high, indeed, when ne peneiu
RYAN and his cOterie sell 70 me
o,1s nuhlic s6,SOO,O 900 worth OF the
p1actweu stock, pouching thereby d
nrofit of $4,000, 900, while retalnlns
g. 900 200 in stock. 1t all but broke
the Dukeian heart. MI. Duke hau
Thought himself a postmaster at lliah-
| ing something out OF nOtnlnS. nc
found himself but a child IN arms -
Mr.. Ryan.
h m1ch-admired Mr.. Ryan, for
Golf and friends. keeping the while a
| yelled though hungry eye on MI.
Duke. gave Liggett and Myers s2oo,-
900 or an option on their "oiho
s11 600. oO-Liggctt-Myers with whom
Mr.. Duke was still at war. Mr..
Duke at that began TO quake d lttios
I1CntlnS IlSStll III
thingtfi fighting the sinister MT. ftyal
mother
Would Mr.. Ryan sell?'
1t was Mr.. Duke who put the fal-
tering query. The sinister Mr.. Ryan
would >sell. He wanted $1O.OOO,OOO
for his Union Company, $1S,00O,OOO
for his Lisgett-Myers Company, on
which that $4,000 0 option had not
expired.
Mr.. Duke groaned; his American
Tobacco Company groaned. Still
there was no help for it. Mr.. Duke
bought out the Ryan situation, and
Mr.. Ryan and his pool retired richer
by an aggregate profit of $19,95O,OO0.
This sum-, as an achievement in High
Finance, represented six month OF
work and water-mostly water. Mr..
Duke sighed as he paid it; but, since
he watered his own prope stock
$4,000 900 by way OF consolation
and offset, it cannot be said he really
suffered.
To go over the Whole story of Mr.
Dukes tobacco operations, in their
various expressions of Consolidated
American, Continental, and those six
teen subsidiary companies with al
their stock issues and bond issues
would be a tale too painful and toe
long. The story of the Tobacco
Trust would read somewhat like tn
I'll & 49, - 80 Ii AVN
it's source, in the little hovei on tn,
Duke farm. it widened and deepened
tWitsed and turned. taking in it's rivals
one after the other. the little with tn,
great, until having overflowed Yer.
: sign of competition 1T paid less ant
still less to the Obacc farmers. de
: manded more and still more frOn
S the consumers, at the same time put
ting up by 20 per cent. the prices o
its Wares-cigars. cigarettes and tn
II | z-n1 "a r h. ~1n-~ %I@~ -
per cent. both their weight and thei
6 quality.
e What the tobacco armers though
and think of their share in the situa
q ton, found partial setting forth Whel
3 ABOUT twenty years ago three hundre,
q OF them road into Princeton. Ky
Q ana burned three hundred thousan'
d pounds Of tobacco which the Trus
: nad stored in its warehouses;. VIVA
s tne thinks is to be read i
g the suits in court. What the publ
thlnks may yet be declared by it's rep
resentatlVes in Congress, on tn
: bench, and at the polls.
: AS a round result in Trust building
q . piihg o. the stock Pelion upon tn
STOCK Ossa. Mr.. Duke can point to a
l. aggregation of $500. OOO. 900 in stock
ana ponds. all born of those $500 90
Y which We're brought together in tha
k !IVe-sIoed wedding of tobacco asset
: Mr.. Duke rules the tobacco worlt
II In the tobacco growing raoio,s -
d telis the governments of France TIA,
" Aus,rla' Spa'n-his only rivals anon
TOBACCO buyers-where and WV
IS ofi they h buy. Every other inc
y serves for gfowlng territory he re
Price ne pleases. demands what nric
ne sees lit. And no one is TO r,o1a:
IN ~ nm M or make him afraid or saw hi,
s, One element of Mr. Du
I'd erelgnty is not a least eiouuanes SOY
/ on1.ed Cigar Company has alreaa
4 thhis s,A hundred retails stores
A. n is country one hundred and EIGHT
n WIZ iJnem IN the city of New Ynr1
WLdt MT. Duke is tbaro