The Washington times., 1910-01-04
F INANCIERS AGHAST
AT HORGAN'S PLANS
Proposed Gigantic Trust
Company Combine StaTtles
Wall Street.

SEW TgRE. Jan 4-F}usIubss circles
art catching their breath today and
recovering from the announcement that
tHe J. T. Morgan interests have cap
iured Levi i. Mgrtou-s, Morton Trust
Company, IN wEicr Thomas Fortune
RYAN. The Gerhroued street railway EiuE
Cf NrW York U-S a powerful factor
the Fifth Avenue Trust company. and
the Guaranty Trust Company and that
they are tu be reIe-ated into oblivion
while ia. their stead is TO he erected
the new Guaranty Trust Company. the
second largest trust company in the
world, with a total capitalization of
S5foG91. but. with resources OF SI55.-
Jlg-c5G-
Levi =. Morton. once vice president
Of the United States. IS TO he the chair
man OF tire board OF the new trust com
pauy. but the compan- viii b. essen
tally q Morgan company with ala that
that IMPLIES
What does II all mean is the ques-
tion that Is being asked on all sides.
The eciiUsiuE Of Ryan has cone fast
on the revelations IN connection with
g5e manipulation Of the traction COM
panies Of New York ny Ryan and his
associates and Morgan has iu nearly
every instance taken over the Ryan
holdings First 10 pass were the shares
controlling the Equitable which J. H.
Hartman would have owned had he
lived
Canary Swallowed.
Other securities passed and finally. by
purchasing the Ran shares in the
Morton Trust Company. Morgan was
able TO manipulate the newly announced
deal and today can. II ne desires. wear
canary.
Morgan has time and again been re
ferred 10 as the Money King of Amer
lea. but he never more deserved the title
than he does a. the present moment
Here are the known concerns which he
either owns outright or controls through
Influence
Banks and trust companies and in
surauCe concerns Equitable Life,
StlL339.5rS- Equitable Trust Company,
S54-Szl-go9, Mercantile Trust Company,
S6S.4T4.i1u- Guaranty Trust Company
S1T',C5to0v- National Bank of Commerce,
S-2E54g,o95 First National Bank, Sf39,-
621 -bNy- Chase National Eauk- SlQl,2S5,-
-le- Mechanics National. S5l-g5z..s5S
National Copper Bank, $40.31I. 16z- Lib
erty National Bank S3i-sl60l4- Bankers
I Trust COInpany, S53-s2b,gta, AsJOT Trust
. Company. I5.1Ja-9tv5 New York Life,
S49i, 80. s07. National City Sank stand
ard oil COntTOlJ. SzS9.441-9I- New York
. Trust Company, $l5.l45,315- Standard
+ Trust Company, SiS.45o-1go
Morgan Railroads.
Railroad and Industrial corporations
OF which Morgan either owns the giant
share Of the securities or dictates the
I policies.
Southern railway, S445. 5.619.S0. Pere
Marquette, Sg6. .S4S 0oC-. Cincinnati. Ham
iltOu and Dayton, SS3-369, ,0o0. Chicago
( Great Western. S304. 76s. 0i5- International
Harvester Company Sl2A,ooHe0- Inter
national MerChEnt Marine. $50 1881 :
United States Steel Corporation. SI.s91,-
90, go. Erie railroad, S1f2-S.sI7- Pull
man Company, SlU0,0oo el0- General E.ieC-
frIC, $50 101 500 American Telephone and
Western luIOu. S5I5.07.-Z0f- United DTy
. Goods CoUrar-, S20.0el. 600 Public Serv-
{ ice Corporation. New jersey, 81. 500 o4-)-
IuterboroUch Rapid Transit. SIsa. .Ig2 089-
{ Hudson Manhattan Company. S51.S94 0oe-
Brooklyn Rapid Transit. S1c5Co0,0lo
Group Of railroads in which Morgan
3 control is nominal, but which are ma
uipulated through his banking house,
/ s3-559 !9f.636-
Totals Ten Billions.
With a total OF more than ten billion
+ dollars in resources in the above COM
I panies, Morgan, it is claimed in fuan-
/ ciai circles. can do about IS he pIeases
I with the finances of the country no
Continued on second TaseJ