V
1.4
THE HOWTWBf
WITH BILLIONS AT ITS COMMAND CAN STAY
COMMERCE OR CREATE PANIC AT ITS OWN WILL.
4
: The Money Trust Ring.
and His Ministers.
John D. Jt-kcfcller 31 5,000,000
William T. WariJwi-11..
William Itockcfeller ....
Henry H. ltor;crs
Oliver H. Payne
James Stillmun
S. C. T. Dodd
John II. Flagler
John I. Arehbold
John I). Rockefeller, jr.
4-
100,000.1100
J!HJ,(MX1.00
50,000.000
35.OWi.OW
20.000,000
.r, 000,000
50.000,000
.OuO.OOO
Heir
JOHN I). ROCKEFELLER AND JUS COMPANIONS, WHO NOW ABSOLUTELY COLTROL THE MONEY MARKET
Never In history has any group of men had power so vast and terrible as
that of the coterie which haa Just been Introduced to civilization the
Money Trust.
John D. Rockefeller, with a private fortune last estimated at $315,000,000;
hi brother and his son, leagued with men of genius as well as wealth In the
dlrect!6n of the massive machinery of a thousand millions of dollars in
. money, has the strength, the knowledge and above all the courage to pro
claim his overlordship to all the fortunes In the world.
Small men and great alike must bend the knee In their new temple of
Rlmmon. The means to crush aa well as the ability to prosper, make the
fear of the trust to be remembered by each adventurer In any enterprise,
and the favor of Us council to be courted.
. Through control of a banking system extending to every corner of Amer
ica, and grasping the great nerve centres of credit In the old world, these
men can wreck thousands of fortunes In a panic, and blast the prosperity
of the whole land and cripple Europe's: or they can create, it It please
them better, a boom In speculation und enterprise.
GREATEST POWER RECORDED IN HISTORY.
To give or withhold happiness! No king or emperor, no Council of Ten,
HO triumvirate of Rome or Conqueror of Asia held these superhuman at
tributes In the hollow of a hand:
The men In the trust who exert this power are:
JOHN D. liOCKEEHrXKR. JAMES STILT-MAN
WILLIAM T. WARD WELL, S. ( T. I00
WILLIAM UfHTKEFELLER, JOHN II. KLAOLER
HENRY H. HOliKR:, Joll NO. AROHROLD.
OLIVER H. PAYNE, JOHN I). ROCKEFELLER, JR.
Each o these has his particular talent. All or most of them, finding
that control of the product of petrlk-um and the marketing of It yields a
constant Increase of millions, have Invested profits In many other enter
prises which they control and make productive of more millions. They man
' age a constantly growing capital, which Involves constantly increasing cares
and responsibilities.
John 1. RocKefeller is the nucleus of these accretions. He expressed
a wish not long ago that he could tlnd a man who would take out of his
hands the labor Involved by his riches.
"I would pay him a million dollars a year," said the wary Midas. He
has given away more than SUO.OOO.OOO in benevolences and for education.;
Clearly It Is not his genius that makes the Money Trust a fact.
Forty years ago no one would lend John I). Rockefeller a hundred dol
lars. He was born In Tioga county, July 8, IMS). A farmer's son, he made his
first dollar out of chickens. At 14 ho moved with his family to Cleveland.
. He worked there for M a week. When, as his salary grew, he had saved
1,000, ho went Into the commission business.
HE ENTERS THE OIL BUSINESS.
It was In hla early twenties that he got Into the oil refining business.
The Standard OH company, which grew in his hands, refines oil and sells
It all of R that America yields.
He exfiects to own a billion dollars If he lives to his reasonable ex
pectation of life.
William Rockefeller, his younger brother, and John D. Rockefeller, Jr.,
his son. are rich because he Is. They know much that he knows, and have
their allotted shares In the detail of the great operations their money
requires.
William T. Wardwell Is the financial genius of this group. The world at
large knows him as the prohibition party's hardy candidate for president,
governor or mayor. He pays WO.OOO at least yearly for the prohibition
party, and gives much more to further the cause of total abstinence. He
It Is who organized the chain of banks which has at last shackled the
finances of America, and which hopes soon to control the Issuance of all
money. He manages and plans the operations of the Standard OH syndi
cate, leaving It to others to execute, to Investigate, to prevent leakage! of
money,
8. C. T. Podd Is the able lawyer who keeps the money trust within
the law, or drives the statutes with coach and four. His genius Is noc-s--sary
to the legitimate or questioned policies of his colleagues. He Is said to
be the most daring, as well as th- most prudently Judicious, of men. He Is
worth millions to his friends, and has carried many for himself.
HEAD HANKER F TI I E MON EY TRl'ST.
James Ktlllmun. related by marriage to William Rockefeller, Is the ablest
banker as I 'odd Is the ablest lawyer and Wardwell the ablest financier,
knnwn'f. the Rockefellers. H- Is pie-ddent of the National City bank, and
expects to make it the Rank of the I'nit-d States, performing such functions
as the Dmk or England docs In the British empire. He is Secretary Gage's
friend ami the strength of the bunk compels attention, and what looks like
favor ' from the federal treasury. Hiillinan, for the bank, handled the war
payment to Spain, aimed to finance the government loans, and distributes
the money which the government deposits In the national depositories.
The banks controlled by the Standard Ml Syndicate are the reins w hich
ft hold over the money market. Us representatives are In eight New
York City banks and ten local trust companies. , , L1
The trust controls banks in Haltlmor-, lioK-ton, Philadelphia, Chicago,
(Including th First National, of which Secretary Cage was president),
Cleveland New Orleans and Han Eram-lsco. In every state are many mi
nor banks tributary to the great ones. In Texas, for example, the trust
controls eighteen banks.
. TP." New York banks are the City. New Amsterdam, Chase, Park, Sec
ond, Cnion. North America and Hanover. The t r list com pa nk-s are .the 1 n
lon Far-Tiers' Central. Cnlted States. Fifth Avenue. Guaranty, Atlantic, New
York purity and Trust, New York nalty Hank Exchange and 1 rust, and
Intemaiicr.al Hanking and Trust.
TW. .,Tl.iried capital of these eighteen Institutions Is . 0,0.1, HSU,
deposit trii :f..fs; their loans, SI-i3.4i3.txK.
Tl ro'-ich ih -e conne, tions the Mey Trust knows the details of every
min'a bi'Vi. less that It desires to know. It .n tell Just bow heavy a load
f storks 1 great bull operator carrie. llt,d how much "short" of the mar
bet the Ur leaders ofthe str-et r at m.v given time. The (rul -knows
how hard a blow Is needed to make or the fortunes of e ther. 11 holds
, the balr.:..,. of power in the street, a, knows how to use it.
A PANIC THAT S KM Hv Til E WORLD.
The Chrx-tmas panic, so called, In Wall street, extended to London .to
IJris f. lvr I I The 1 ourse of i. rm,y was the last to recover after tho
Mone'v Trus had willed recovery. This panic. In which money needed by
Money 4 rum mi j " t m ,.. f.(.nt interest tier
borrowers for a snort lime, oe. . M,e
annum, was a disaster even to the rich
Money Trust
wi.bout credit the factory, the railroad, the mine, become. Inert: the
work! ran a . I s r, labor, the mercunt sells no wares, poverty overtakes
X f n-"r a the rich man, perfoce a miser, fears to embark his money
in mS" i I""" '" b"l",m r"UrflK" an.'' ln' ustry Vm,'
IT, . miht Marvel craze and drive to suicide more victims than an Attila
Wh'V ''he ;'"y trust'dld to cause this panic Is simple to explain. The
rP,.t bullmss of the world Is done Upon borrowed money. Surplus capital
JL?I trr rs or partnerships to become productive. The money unplaced
Trt. he more iron tab . It dustrl's lies ln the bands of bankers, who employ
In the more proii i oh uy miZable collateral securities such
"'hen
N hen M l rnc mi y Tht, R.jP,,u!ltr who sees a profit In expected
r?V?ue e,,!oTh7sys.rm of' buying on 'margin'- to hold his
rises in iu. t )t th , or tyen iPSg.
PUrKHrod nares can be disposed f In ordinary tlmca at a moment's no
...... T Trice wdthln 23 cents of thP last quotation. This make them
tlce at a prne ' no ' u banks The purchaser of one hundred
irST. '""k'r' who cr borrow ,h,?
222 MOM at the bank, often at low a rate as 2 per cent per annum. If
other $! .000 at in" , B(WanP,. $10. the speculator has won or earned $1,000.
- WXZ MOhepecu.s.or-s 11.000 Is put, the share, are sold, and the
bank recovers I'.'.o-w.
ACTIVE IU-HJNESH MAKES MONKY "LinilT."
p-,rnl business and Industry is me seH,ee, u....o.
money and the higher the call '""n '''''
their
Stoppe.l In time, at the will of the
It otherwise would have teojiled In a universal blight upon
The speculation of gamblers Is
'""V . . .I....IO,,. alnwlv.
chwked ns the rate rlws. '''""' ',,v i nduced suddenly and the
Let an artincmi ;8" h. The hanks The holder of margined stock
, loan, on stocks are cn M In by M , or f ,.at(,i rf. rth,b.
lurm'an'dZ, mu'r be ,lUn,d upon the market and .old at
tihlcdTVrw last Christmas, caus.ng . .-rich
tortJir VauTw The "condition, of businesa demanded a larger proportion
of the world's capital than usual In the loner time loans of Industry and
trade. The taxes of the United States were exceeding the expenses of the
government, and a surplus, drawn from the channels of commerce, was Im
pounded In the treasury, which can pay out cash onjy as appropriated or In
redemption of its debts.
The treasury offered to buy government bonds. The Money Trust alone
had bonds to sell and artificially raised the price of bonds held by others by
offering more than the treasury's bid. All the banks began to accumulate
cash for necessary disbursements on the first of the year. Like condi
tions, except for the treasury situation, prevailed in Europe, where the gov
ernment banks had been copelled, through scarcity of surplus money, to ,
raise their Interest rates.
The Money Trust, as well as other flnaclal observers, could calculate to
a million dollars the loanable funds In the markets of the world. The Money
Trust could suddenly acquire control of enough of this balance to disturb all
the rest. It was done, and money began to rise. Stocks were shaken out
of weak hands. Prices fell. Money rates Jumped to 20 per cent, to 120, to
half of 1 per cent bonus for a day's use In addition to the legal rate that is,
to 1S6 per cent. Hanks and Individuals whose credit was weak or whose
property was hard to sell, failed to the tune of many millions.
Why did Mr. Rockefeller and his counsellors do It? They wished to
get at shares in properties like the copper mines, in which millions of their
money is Invested, and of which they desired absolute control. They knew
of other rich men ln control of corporations who could oppose their policies,
whom they wished to overthrow. William Rockefeller, who sometimes does
the talking for his colleagues, had remarked: "Stocks are too high." The
Money Trust remedied that.
The panic over, money rates resumed their normal level a little higher
than they were a few weeks before the trust's thunderbolt fell Into Wall
street. The trust had obtained Its desires, had forced from its opponents'
possession Into Its own the means of Hwer and wealth which It had coveted.
The pressure upon prices was removed and they rose. A few thousand men
were many millions poorer. Stocks as a whole were worth about $1j0,OOO,0OO
less than they had been.
The trust's lesson the panic, to the bankers, the speculators, the pro
moters of new enterprises Involving millions has been learned well. Jt can
be summed up in this:
THE MONEY TRUST CAN LOWER OR RAISE WALL STREET'S
PRICES AT WILL.
The Stock Exchange, then. Is ho longer the barometer of the financial
world. It is the register of the will of John D. Rockefelle rand his coadjutors.
AN AMERICAN GOVERNOR
Minneapolis. Minn. (Special.) Gov
ernor John Llnd of Minensota, in a
speech at the Jackson dinner in Mi
rieapolis, puts himself upon record ue
a man with a heart and an American
citizenship unsullied by the morbid
rraze for murderous expansion. Hif
language, though simple, is sublime in
the truths it expresses, and his thought
must penetrate the brain of every
American citizen worthy of the name.
"In the nature of things, cne people
cannot own another people. It is a lie.
1 don't care who says it.
"Why should we assume the crime of
governing a people against their will'.'
I am an anti, and I propose to be an
anti until this blot is wiped from the
American flag. Why, my friends, my
wife has wept when we have talked
about these things, of that lovely flag
of ours, which means all that there Is
in the wo'id to me in the way of in
spiration, hupe, ambition, pride. She
said: 'John, only a year ago that was
an emblem of liberty, of love, of pro
tection to all the people in the world.
It was loved by the Filipinos, thejjiuw n
men and women and their children. To
them it was an emblem of freedom that
wrested them from under the Spaniard.
Today it is cursed by 9,000,000 human
souls." Yes, my friends, this flag of
ours is cursed by 9,000.000 human souls
as an emblem of oppression, as an in
signia under which homes have been
laid waste, babes lost-, men slaughtered,
women abused. Isn't It shameful?
Isn't it terrible? and for the sake of
lucre. For the' sake of money, and 1
tell you there is no money in it. Mor
ality means something. I don't believe
in morality simply because the Bible
says that we should do this and do
that and abstain from this and abstain
from thla and abstain from the other.
England has bullied, she has robbed,
she has oppressed for generations, for
centuries. Today she is despised by
every self-respecting citizen of the
world. I don't mean the English peo
ple, I mean the tory government; the
Hannaism of England. Why, think of
it. my friends. The Orange Free State,
that noble little republic on African
soil, the first and only country in the
world to copy our constitution and
make It its fundamental law, word for
word, letetr for letter, and we stand
silently by, not willing to even utter a
word of protest against its annihilation
from among the nations of the world.
Yes. this is imperialism. Are we not
paying dearly?"
ID Hit. KUKKK.
Frankfort, Ky (Special.) William J.
Bryan addressed the members of the
legislature today just before the elec
tion of Senator Blackburn. The cham
ber of the house of representatives was
never more crowded that when Rep
resentative Nelson introduced Mr. Bry
an. The latter was accompanied by J.
C. S. Blackburn and Senator Goebel.
Mr. Bryan proposed two laws that he
hoped would be enacted In Kentucky.
One was to make It a felony for a cor
poration to contribute to campaign
funds, and the other to prohibit bet
ting on elections. He held that betting
is bad morals and bad public policy.
He believed that men often bet for fear
of showing lack of confidence in their
cause.
PARDNERS ONCE, BUT STRANGERS NOW.
Since Friend Quay Was Found Guilty by the Senate Committee.
Haakand Worth l2S,000,OOOt She I
the Cooklug and Slake the Be4a.
Mrs. Kruger, wife of the president
of the Transvaal republic, is unhand
oriie. Bbe is also economical, though her
famous husband has a capital of $25,
000,000. She is so rich that it would take
the greatest effort to spend her ni
couie invested, as the capital is in
great paving interests. To do this
she would have to live in almost bar
baric splendor, but, bless you, she even
does her own cooking.
Jt is probable that her acute, subtle
husband approves of her style of liv
ing. Jf he objects, none returning from
that far land has ever heard of it.
It is more than probable that by just
such thrifty methods Mr. Kruger him
self rose into his present eminence.
Rut think of it!
A fortune of $25,000,000 and to do
one's own cooking!
To fuss and fume and fret and stew
over a boiling stove iu a hot, hot land,
rather than spend the money on a
madi! And not only to cook, for it is
whispered and loudly in tourist and
English circles in Africa that she
very often takes a hand in the wash
ing and that she scrubs and rolls the
clothes with the skill and strength of
the best of them.
She also insists upon making her
own beds. This may be because 'the
Kruger" needs an untroubled pillow,
a sheet without a wrinkle to case bun
from the arduous duties of scheming
to make empires and millions, but if
she does the rest of the hard work it
is probable she makes the bed also to
save the nennv or whatever the
money is in that land.
When, her husband has state guests
to dinner, this is, indeed, the time the
good lady shines; here she. shows the
stuff of which she is made, and does
honor to her millions and her position
as wife of the president.
Not at the foot or the head of the
table, but in passing the dishes. To
no butler will she ever trust so great
a responsibility. There might be a
?iip, a mishap, that she couldn't gui'rd
against. So, shining and splendid,
with large white apron over her ca
pacious form, she. waits on each guest.
"Surely," she argues, "no hostess
can take better care of a guest than
this."
Every plate is then heaped to per
fection, each glass kept filled to the
brim, no slightest wish from any ona
foes unnoticed.
Jf any one is rash enough to extol
to "Auntie" Kruger, as every one calls
her, the glories of her wealth and the
immense amount of monthly pocket
money she has to control, she will tell
that person a secret, one of which she
is proud, one in which she glories.
It is this: That she and the presi
dent have never lived beyond their
"coffee money."
And that amounts to $2,000 a year
allowed them by the government!
So, you see, they never touch the
other great capital, never put their
hands on the income of one of tha
greatest fortunes in the world 1 -t
Where it will go, no one knows.
Like many other great millionaires,
Oom Paul may leave it to persons who
will enjoy throwing it away on all un
worthy subjects that come under theix
notice. Philadelphia Press. .-
AND THEY LIFTED UP THEIR HEADS AND THANKED GOD THEY WERE NOT
AS OTHER MEN.
"ANARCHT IN PLACE."
New York. (Special.) Most truly
have we fallen upon a dread time of
Anarchy. And going deep down, the
New York Verdict specifies:
"Notice haa been called aforetime to
Kuch a Most, and Schwab, and Llnng,
nrt l'arsons. an red and dangerous an
archists: and the tlmo was when the
police and hangmen busied themselves
with the persons and lives of these foul
creatures. Good! Yet the Verdict Is
frank to say thatthei slight felons
were the merest featherweights of msl
nile compared with MeKinley and sun
dry of hla cabinet. Take Qrlfga; that
trust production meant fer truit oro-
tectlon! take Griggs, the attorney gen
eral! How often has he defied law, re
fused action and slummed the door ln
the face of Justice since he took his
oath? Within six weeks the fherman
law was sustained by tho Supreme
court ln the case of the Addyston Pipe
and Steel company. Within four weeks
tha combination to throttle competi
tion which exists between the (Jeneral
Electric company and 'he Wcstlng
house Electric company, and which fact
for fuct, and line for line, Is the xact
fellow to the Addyslon Pipe and Steel
company, decided on as outlaw, was
presented to Griggs; and Griggs laugh
ed at the application asking his inter
ference and refused H. Grip" did th
same ln favor of the railroad trust, and
against the shippers of Chicago. Griggs
has done parallel deeds of black llllclt
Ism a score of times. And the Griggs
attitude Is by the Instance of the ad
ministration. Is democracy to take no
strength from these violations of law,
and right, and oath of olllce? Griggs,
attorney general, head of our depart
ment of Justice; That Is a brave name
that last! Iepnrtment of Justice!
Knthor has It become the department
of anarchy! The trusts possess It, ns
they possess the White House na they
possess Gage and the treasury. The
trusts own this administration, and
have turned Its whole power ngalnut
the people like tome landslide of evil."
Recollections of Tennjuou.
Glimpses of Tennyson at Farring
ford are given by the author of "Peo
ple I Have Known" in the September
Cornh ill:
"We sometimes induced Mr. Tenny
son to join us in a walk, and he would
say, before consenting, 'Where are
you going? I won't go to the market
place' meaning the tiny little bay
where a few idlers congregated! His
taste was for the fields and downs,
find (not a romantic association!) I
never now smell the smell of a turnip
field without thinking of these never-to-be-forgotten
rambles. Although so
very short-sighted, he noticed flowers
in the hedges which others passed by,
and would sometimes stop and say:
'What is that note?' and then name
the bird from which it came. And I
never felt afraid of asking a question,
for die was always ready to impart
knowledge if he saw you were inter
ested, lie was, indeed, wonderfully
observant of nature, a his poems
show, and would bring out quite nat
urally, and as it were by the way,
beauties which lie saw in our walks
and which others less observant would
otherwise have passed by. His cloak
and hat have been often described and
were well known apparently, for no
sooner did strangers catch sight of
Ihein in the distance on the downs
than they would make for them, and
this publicity was so unpleasant to
him that we had to fly in the opposite
direction to the intruders!
"On my saying, 'Good-by, Mr. Ten
nyson," lie replied: 'Why do you say
good-by?' 'Because you are going
away,' I said. 'Oh, I thought you had
only just come,' meaning to the Isle
of Wight. I explained my meaning
and then lie said: 'I always say "Good
day" myself, unless t nm going away
altogether.' When I knew him better,
I saw how careful he was to choose
the most suitable word on every occa
sion', and I, too, tried in future to con
sider, before using any expression, if
it' was the most applicable one I could
find.
"I remember him one day talking of
a poem he meant to write on a night
ingale, which poem, however, never
came to anything. A mutual friend
often reminded him of if, and one day
in particular 1 recollect her saying:
Wow, Alfred, how about Hint nightin
gale'." 'Oh, it's dend long ago!' he
said with amused petulance."
"How do you say Mho duel was
fought to a fatal finish' in French?"
enquired (he novel writer. And the
man who is an expert at concealing
his ignorance replied quickly, "That
isn't a reasonable question. I don't
believe they ever have occasion to lay
such things on that in French."
Washington Star.
"1
A
4
I
v
4 tf
1
'i
