The Guthrie Daily Leader. (Guthrie, Okla.), Vol. 37, No. 113, Ed. 1 Monday, October 30, 1911 Page: 3 of 8
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TllK LUADBH OOTHftlE. OKI-A.
TOBER 30 1911
t - p.;r tiiickr
Ionization of Giant Corpora
Ion Was First Suggested By
Charles M Schwab
(y Leased Wire.)
w York. Oct. 3t. i i i""MI
lutes Bteel corporation the greates!
Iniiiiiiatioii of capital in tii.' worm
organised In n"i under tin- tin-
Iciiil iiiiitiMK.'iiu'iii i I J r Morgan
Co. and began its corporate exist-
lei' llllilei' lilt! IBWH in jcidvj
liril I. of that year. nafiea .u.
Ihwab formerly Andrew Carncgies
dit hand nan. and first president
tlie coriioratinu. is said t. have
st suggested the Itiea having broach
it. iiccordtnn tu bis own testimony
'ore the Stanley sieei liivestigatioii
immittee at a dinner held m New
l.iU at which J. P. Morgan Mr.
Irtiegie li C Prick ll Harnman
Miry Plilppa and otlier pr tmiu'iu
laiuiers and steel nun were pres-
1 .. ..
As the sequence i tuis dinner
I in-' to Mr. Schwab negotiation.-
ke opened between Mr Morgan and
liferent interests which controlled
leading steel concerns o; the conn
. Including the larpwty the Carne-
ceinpany to bring them together
ler one control.
erger of Combinations.
fhese concerns were the Carnegie
liuiianv. Federal Steel coiiiiiam . .mi-
Inial Tube company American Bridge
linpaity Uike Superior conson.iaieu
Bnes con.iianv. American uteei aim
e cc mutiny. National Steel company
hiericau Steel i loci) company Amer-
in Sheet Steel company me com
lued stock and bend .capitalization
uhinl unvminto! In t'l 1. 7000.000.
ch of these concerns in
combination of smaller
in the re-Coropora-more
Ipresenting as set forth
krt. of C'oniniissioner of
bus Herbert Kn x Smith
The National Steel company Am
man Tin Pplate company Ainen-
lu Sheet I loop company and Auier-
i a Sheet Steel company were con-
Blled bv the William H. Moore In-
; the American Steel and Wire
Linnany by John u . uaies mieresia
the Lake Sirperitn- Consolidated
lines company by Rockefeller inter
ns and the Federal Steel .National
fhbe and American Bridge coup my
ere known as the Morgan group.
horn in The Flesh
lit was testified before tne Stanley
immittee that the Carnegie com-
illy at that tune was icieireu 10 as
lie thorn in the flesh of the steel
Jiistry" owing to the alleged policy
Mr. Carnegie in refusing to stand
agreement!- anil it was Mr. Came
l's n.ethodfa according to some wit-
Isscs that really precipitated me
Iipusal of combination
n exchange for the stocks and
ids of the I'nited States Steel cor-
Iration wegatlng $1297200000.
Ibsequentiy in ISO! and 1902 there
Ire taken in the Shelby Steel luue
npany a combination of fourteen
ncorns with a capitalization of la-
i.tJOO-S the I'nlon Steel company
It ii a capitalization of $45000QW
Inch had just absorbed the Sharon
eel comnany: the Clairton si.-ei
linpanv g small concern and in
07 the Tennessee Coal and Iron
Impany with a capitalization of $30-
Ixteen Millions a Year.
fror his interest in the Carnegie
feel company Mr. Carnegie took in
lyment 5 iter cent lirst mortgage
of the United States Steel cor-
ration nettinu him $1 11.01111000 an
Mr Si-hunnb liofm-c tbe Stanley
Immittee explained the fundamental
pea of tjie combination when he was
"ked to tell what he said at the
linous "steel" dinner:
'I explained at that meeting Hu-
rt.' ...... 11 1 1 A t. Ih-il wtiil 1 PO.
p- h 1 - U till .mmiu
jult iii manufacture through Bitch an
1 ftiiuizaiion as me l nneel sump
teel corporation and I gave my rea
ms 111 detail to t belli ."list ol all.
tat instead of mannfacturini: steel
It VV1IC f I.. ...-ii : - ... I.V !
r iv 11 . 1 ' . 1 . . . 1 tjj
lumber of companies each of whom
P'.iiiiiaciure! ti)t same lines it was
I.V idea that tlie nre-anization tu be
tuly successful should be made oi
'h a character that one mill should
run on one orodnet and njt one
li'l on fifty nroducts. as was' then
Acciinliiisr to Herbert Knox Smith
leport the I'nited States steel con-
term has proved a profitable concern
a vine- earned 1 nor ent 11 the :ic-
pal investment. Its chief "monop-
llistic feature." says the report is in
control of the "raw material " own-
ft .") per cent. It is stated of the
unnnerclally available ore lands in
S'e Lake Snnerinr district
The corporation's present capitaliza-
POll consits id Se. 000 IIIHI eomm n
Ition consists nf S.'.oX oori.Oiin common
Ou.OOO first and second mortgage
Jmls including those of subsidary
'lllpanies n l'ln a total nf 1 1 .4(14.-
IJ0.O0O. i't has pSid 7 per cent divi-
dends in its preferred stock since or-
nnb.atlon. and per cent on its com-
uuii aiocu since .March ol last year.
t is Rt i IM ; ttl tkiai its vtneks arp
ld by about 1 2i.CMM shareholders.
The eniHa Aarninia i-i th pnrnnra-
lion last year were more than 1700.-
l"0.i)00. and the net earnings in ex-
re8 Of il4iriOlllWn It nrnducpri ill
that year about 25.000.OOO tons of iron
Hre. IlAflrU 1-n.lrtlUm tnne jxf nv iron
Bud more" than lOOWOOO tons of fin-
The -ay to get ahead of the devil
lis to move on: he doesn't run very
fast upward The Christian Herald.
BILIOUS HEADACHE BAD BREATH AND SOUR
STOMACH MEAN LAZY LIVER AND BOWELS
1 urn the rascals out the headache
sick sour toniacii and foul gases- turn
.Millions ol men and women take a l ascaret now and then and never
know the mhf ry caused by a lazy liver clogged bOWl Is or an upset si itnach
Don't put in another day of distress. Lei Caacareta ih-inse and fejiv
late your Stomach; rmove the sour undigested and fermenting food and
that mlser.N -making gar: take the excess bile from ypur liver and carry ol
the decomposed waste matter and poison from the Intestines ami bowels.
Then you will feel great.
A Casearet tonight will straighten you out by
1 munuug a
TASTt GOOD - NEVER
I On nor bon
I W III II I
ocooooooooecooooooo0oo o 0 O 0 V .t 3
O GO O
ooooooo 0 O O O O O 0 (JOOOODO 0 o o o 0 0 0 3 j
The la.y man considers
n --n I :iks his word smashes
Invent ion ix a
It doesnf reipiire brilliant?) u. ast
You can't butter it when you havi
to swallow pride.
The world alwavs looks brighter
iiit oiiu . -
from behind a smile.
lien J uu mi' '
uul get up farther along.
i.... .i liuoftv
people who uiku too nun ii 1 1 . .
lose it all sooner or mil
Nursing Motners ana maiaiu
The Old Standard C. ROVE'S TASTft
LESS OlIIHIi TONIC drives out ma -
laria and builds up the system. For
Town peop!eand children. jOc.
W ishington 1). C. Oct. 30. Addi -
tioiuil third-class post dices were do-
Blxnated for postal savings banks ef-
fectlve November 21. as follows.
Texas Albany Alice Kagle Lake
Platonia OllddingS Hondo.
Oklahoma Fairvlew Mulhall
Nature would cover them with
shells like nuts
moisture mildew dirt and insects.
lnct in are Uneeda Biscuit protected by
the moisture-proof dust-proof package.
It keeps them oven-fresh and crisp retaining
all their flavor and goodness till used.
Think it over and you will always buy
the protected kind
IS the llldigesl
;hl and keep L)
then) MM toni
!"-ecui io. means a near nean anu
GRIPE OR SICKEN
M i HIM
O LITERARY NOTES
Wman Seiys Man is Superior.
Writing iicr dearest friend Justli
hen Ins of "A Venture In Identity
'".v l.ucile C. Houghton (I) u ded:;
Pa$e i CO. 75C) said of the man
she thought she loved. "He begs me.
while absorbing all 1 e n that gees
to make a girl well Informed and tun
! of resources not t forget thai ni' i
(greatest charm is in being a womanly
n. i. ortSrl.l'a
Work he done by men and be oiirseiv- i
es their reward an 1 decoration I be-
lieve he knows n.e better than I do
myself. But nr. Independence has
V0r.fen i"1!lt"'.l IV niv desire tO
Outshine men. it is only that 1 li'e
t0 think things 1 r myself. I like to j
do things toe. fi.r myself. I am sir ng I
j.id iinl va but .it .11 Hmu
1 am willing to admit man's superior- !
1. V Copoland. of Dayton Oh 0.
urcnasea a DOttie oi ( namDeriam s
'Cough Ueme.lv for his bin who had a
I old. and before the bottle was all
! used the boy's cdld was one Is
that no better than to pa v a five viol-
I af doctor's bill? For sale by al1
China bSa no criminal lawyers. In
: theory the accused is already guilty
reversing the presumption of Wed-
ern courts of justice. The Chinese
magistrate discharees a double fUttC-
Htm being prosecutor is well as
(judge. Witnesses are sworn on 8
bleeding cock'.- head newly chopped i
from Its body.
the bllloiisnes- the indinestion the
In the moisture-proof
DAILY ! VSHION HINT
The full length box coat Is nn excllnl
model for winter wear for little Kirls ns
It .roteeta thiu completely from cold mid
The garment illustrated Is eut on th?
sunplett lines with a Hiuall turnover ".l
lar and a large shawl collar at th" neck.
These rniitM are niiide of tweed reyer-
Slbi cloth heavy serge and the like
trinmied with velvet or satin.
The pattern 5808 l cut In sizes 4 0
8 10 and 12 rears. Mtdlam size rtqairM
yards of 4 inch materinl.
The above pattern can be obtained by
sending ten centa to the office of this paper.
Saving the Bride.
Many mothers are discussing the
subject of the a iitemipti 1 1 entertain
ments that are such a waste of energ
on tin pari of the bride-to-be. Many
gtrli enter upon their married life
fairly worn out ith the many func-
tions Which they have attended and
it is no wonder that (here are many
nervous break dewne in consequence
At the time whet) B young woman
should h'vo a fund or strength to
draw fro n. w ith so many demands
UpCtl her or new friends and ne-.v
scene;- she is too tired out to enjo)
anything it is sni.i that an effort
will be made to do away with the
round 1 engagements for at least a
w ek bei re the wed ling;.
Parcky for Winter.
One may easily have rrech (lirwiey
all winter h) planting the seeds in
seme vessel and keepina it in the
Kitchen window where It Is to be wa-
tered BVor j day. There is an old su-
perstition that parsley grown in the
house biiii-s bad luck but no ICOSl
big woman ivyuldj lake any interest
in sum a superstition. However pai-
sley Is not very exUlva in the 'tu
tei . and ill keep lor a loni; time.
if ue is just little bit super -in
one mi'-Uil let the market man p'ant
it in his kitchen.
Science Ai&s Art.
A new fSSbton in embroidery or
croi beting hardly appears until the
manufacturer makes something thai is
just as pictiy. although one always
prefers the handniade. 'i here are
bolts thai look exictiy lige the cro
he ted ones and ell for 2". cents in-
Btead ol a dollar and a half. And the
Uiucheon napkins emhroidered by ma-
cninery can scarcely be told fr m the
pretty in uiemado ones.
Hints to the Air. iteur.
Haiiii painted chins is exceedingly
pretty It well done but for pit) sakes
don't Inflict it uopn your frlende II
. on are I I4H in the .un it. Mir stage.
Oh poir woman whq has an Indus
I ions ii' ee has her house lille.l with
the most attrocious products Of her
art. vases with red roses thai would
put the re.ii article to the blush ami
other products of the brush and the
kiln that ought to have burned in the
in. iking past redemption.
Death of Brave Woman.
Ida M Owls the UghthOUSe keep
or. who spent iiii.nI of the Seventy
three years Of her life at Him.' Ruck
lighthouse off ti iast of Newport
is dead. She heroically rescue I eigh
teen persons and won the thanks of
congress for her bravery. It pan well
be SSid of her. no n an could have
done better. She wa- called the
Grace Darling of a merle u
We offer One Hundred Hollars Re-
ward for any case of Catarrh that
Cannot be cured by Hall's Catarrh
K. i CHENEY ft Co. Toledo 0
We the undersigned have known
R j Cheney for the last 15 years
iiid believe him perfectly honorable
in all business transactions and il-
nanclally able to carry out any ob-
l'galions made bv his firm.
WAL.DINO KIN NAN ft MARTIN
Wholesale Oruggistf Toledo o
Hall's Catarrh Cure is taken in-
ternally acting directly upon thi
lood and mucous surfaces Of the
ystom Testimonials sent free.
Pries "a cents per bottle soi l by all
take Hall's Family i'iiis for consti-
pation NEW OKLAHOMA INDUSTRIES
opera house company.
(P uld- $ 1 111100 ban w .
Oklahoma City 11 0000 warehouse
$iioooo produce company; td'.uuo
Owasso 115000 oil company.
Perry- $25OO0 mine.
Ta I la in i - 126000 waler works.
Tulsa Kie mill ell company. $1".-
000 oil and gas company; 80iMlO
VlllitS --llo.uuii automobile c .-nipauy.
A TEXAS WONDER.
The Texas Wonder cure kidney
and bladder troubles removes gravel
ciiivs flldbeW" weiall and lame
vour drugL'i i ii win ne si
mail on receipt of ft One sin
bottle 1m two months' treatment a
seldom fails tu perfect 0 cure. I
B w Hail :'Ui 01lyj atreet i
Louis Mo. Send fur lstimonin
from different state Sold by dn
T PHIL OUI
IDE Ellll? HiS
A Few Applications of a Simple
keniedy Will Bring Back
the Natural Color
"I'ull out one gravj hair and a d sen
will lake its ; lace" is an old -a: ing.
Which is to a gieal e.'.teilt true. II QO
steps sjrs taken to lol tlie cause
Wlien gray bavin at pear it is a
that Nature needs asslstam -. It ii-
Nature's call for help. Qray hair dull.
Hfeteas hair. Off hair that is falling
out is nol necesHaril. a sign of ad
vanetttg age for there are thousands
of elderly people with parfe. beads
Of hair without a s.ugle streak of gray.
When gray hairs come or wIh-ii the
hair seems to be lifeless r .b ad. -one
good reliable hair-remount; treatment
should be resorted to at once. .Special-
ists say that one of the best prepara-
tions to use is the old- ashioBed "sags
tea'' which our grandparents uaed
The best preparation ol Has kino ll
Wyeth's Sage and Sulphur Hair
Remedy a preparation ol domestic
aage and sulphur scientlftcallj 1 "iu-
pounded wi'h later dis' O1. ered hair
tonics and atlulanis. the whole mix-
ture being carefully balanced and
leso- by experts.
Wyeih'a Sage and Su.iJiur Is r leau
and wholesome and ierfe uy harm-
less It refreshes lr. parched hair
removes dandruff and gradmi';.. re-
Stores laded or gray hair to its nat-
Don t delay another minute. Start
Ming Wyeth s Sage and Sul bur at
once and see what a difference a few
days' treatment will make in your
This preparation la offered to the
public al fifty cents a bottle and is
recommended and sold by all drug-
A New Way to Enjoy
The Old Masters
Is Afforded by the
'n need Doi wail for the slow results of pitiii8tiiki;tj
bI ml v and c.ciisi i' I v&ii
It Realizes the Ideal
ol' Hiusic-mttkiiig and idealises t Ik- ad ltd a eompllshwi
'I'lic riavcr-I'iatio is 1 1n1 leeoguized expoueul of tvliul ;h
I' accoiiiplisliud in piano building. Bince its wtnbhutf
linn uiih the self-playet 11 has become the poHui.u-
miisieal instruhient among homes of refinement eoinfor!
and inteUigenee. Qomplete library of music roll infam
every advantage i owners of PlayeiFianos havki IM!
scale of 'ss note inquire abont 8pe;iaJ lijbraiy rnv:
legea Sold for cash or on easy payments.
E. H. KNAUSS
115 W. Okla. Ave.
1 DAILY LEADER
45 Cents Per
for Sale at the
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Niblack, Leslie G. The Guthrie Daily Leader. (Guthrie, Okla.), Vol. 37, No. 113, Ed. 1 Monday, October 30, 1911, newspaper, October 30, 1911; Guthrie, Oklahoma. (gateway.okhistory.org/ark:/67531/metadc617234/m1/3/: accessed December 19, 2018), The Gateway to Oklahoma History, gateway.okhistory.org; crediting Oklahoma Historical Society.