The Mena weekly star., 1910-02-10
O|L AND BEEF MIXED
THE STANDARD SAID TO CONTROL THE NATIONAL PACKING
 COMPANY.
HOW IT WAS BROUGHT ABOUT
Secret of Financial Power of the Big Packers Revealed by Evidence un' earthed by the New York American Some Financial Deals.

New York, Feb 5.-Eyidence un. earthed by the New York American reveals the hand of John D. Rocke' feller behind the beef trust From a former high official of the monopoly it was learned that the treasurers of both Armour X Co.,, and Swift & Co.,, which controls the National Packing company, the so-called clearing house of the trust, represent Standard Oil millions
 The secret of the financial power back of L. A. Carton, treasurer Of Swift & Co.,, has been successfully guarded against publicity for nearly r years. 1t is now told for the first time by man who not only came to know Mir. Carton intimately, but who also grew especially familiar with the inside workings of the trust.
 The treasurer of Armour & Co, is Samuel McRoberts, who was recently elected vice-president of the National City bank, which is largely dominated by Standard Oil interests. MT. Me Roberts became treasurer of Armour & Co.,, in 1904, the same year that J. ogden Armour acquired control of the United States Leather company from John D. Rockefeller, jr.
 The mystery which has surrounded this deal is at last dispelled by the discovery that the Rockefellers took Armour & Co, stock for their leather securities and that Mir McRoberts was raised from a subordinate capaci- ty to the treasurership to represent the Rockefeller intere sts.
 The story of how Standard Oil se- cretly entered the beef trust dates back to the panic of 1893. Swift x Co.,, at that time were hard up for money. Gustavus F. Swift, founder of the business, which was incorporated in 1886 with $500 ,000, tried to borrow from Chicago bankers and failed. L. 4. Carton, who was then private banker in Chicago went to Swift and said:
 T can get that money for you from Rockefeller. Let me try
 Carton succeeded in raising s5,000.- 900. the capital of Swift & Co, was in- creased from s7.500.00O to s15.OO0,0 ,00O Just how much of this stock was talk en up by Rockefeller at that time is not known: but at the present time it is known that a large portion of the s5.0O0,OOQ bonds of Swift & Co.,, are held by Standard oil intesests. These are First Gold 5's dated July 1, 1900. due July 1, 1914, but subject to call after July. 1910.
 As his reward Carton became treas urer of Swift & Co, and ever since Swift & Co.,, has expanded faster than any other packing house in the world. In 1899 ifs capital was increased to l s2O,O0O.0o0. in 1902 10 S25.O0O,OOO in lsv4 to S35, ,000.0 GOO, in 1906 to s5O,O00,- 900 and n January T. 1909, to s60.- 000000 Ever since 1898 the stock Has paid z per cent.
 Swift & Co, and Armour & Co, to. gether, own 77 per cent of the Stock of the S15,000.00O National Packing company The lattee the federal grand jury in Chicago. has proved, controls p packing and provision companies which operate plants and agencies not only in the United States but in Efgland and South America. Morris & Go. own the remaining 23 per cent of he National stock The gross business of the four companies above named amounted last year to $500 GOO coo.