Harrison press-journal. (Harrison, Nebraska) 1899-1905, June 07, 1900, Image 5

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    mi tuii
Kmmi Panltentary Sail Direct To
Comumiri, Forcing Trust To
Be Half Way Decant,
Leavenworth, Kan., June 5. The prls
n binding twine plant Is accomplish
in gthe object for which It wa estab
lished. It la bringing the binding twine
trust to time in Kaniaa. . The truest ia
being forced to cut its prices, and
Warden Tomllnson of the penitentiary
says that as a result the farmers of
Kansas will save at least $200,000 this
year on their twine purchases.
"Two months ago the trust was ask
Ing 13 cents for old twine and from IS
to 16 cents for new twine for delivery
this crop season," says the warden to
day. "About that time we figured on
"cost of production and decided that
the prison plant could sell twine at
10V4 cents a pound at the prison. This
would make about 11 cents laid down
at the farmer's door. Then the trust
agents began to knock on our twine.
They declared it was no good; that It
was tool large for binders, and that our
twine did not run as many feet to the
pound as theirs. They attempted to
make the farmers believe that they
would have all kinds of trouble harvest
time if they bought of us. They point
ed out that the twine would not work,
and that farmers would be tied up
right in harvest time, and would lose
their crops. They were rcguliar genl
uses in thinking up mean things to say
against our twine. Hut we are bring
ing the trust to time Just the same
Our twine Is Just as good, If not bet
ter, than theirs. One of the best ex
perts the trust had In its employ su
perintends the prison plant, and with
the very best modern machinery and
the best of raw material why should we
not make good twine?
''After finding out that their knock
ing was not having the desired effect.
continued the warden, "the agents no
tified the trust, and It Is now cutting
prices. That is exactly what we want;
that Is what the prison plant was e?
tabllshed for. In my county the trust
strted out to sell twine at 15 cents this
spring. It Is now got It down to 12. The
prison plant Is directly responsible for
the 3 cents reduction. In some parts of
the state the trust has made a price of
11 cents. This Is true In Southern
Kansas, so I am informed. At New
klrk, one of the first stations In Okla
homa south of the Kansas line, where
our prlwn plant has no bearing on the
situation, the trust is asking from 12
to lZ'k cents, to 2 cents moie than
It atks In Kansas. The only excuse for
this difference Is that In Kansas It
has opposition."
"How are the prison sales?" u
"We are now shipping on an average
1 00.000 pounds a week," ' he replied.
"Beginning this week we expect tr
double that amount. The harvest sea
ton Is niar at hand and our orders ar
;omlng In thick and fust. In the past
five weeks we have shipped 5M.0O0
pounds. We have that much on hand,
and are making at the rat"? or 5,000
pounds week. We have received suf
ficient orders from other states to con
sume ouf surplus and output until har
vest time, but we are not tilling th'rse
orders. We are selling only to Kansas
farmers, and to them direct. The la
kotas are pressing us to give them
some twine. Their harvest Is from two
to three weeks later than ours, and If
we should have any twine left we can
dispose of It up there without any
trouble whatever.
"As to the probable saving Kansas
farmers will reap this year as the result
of the opening of the prison plant,
Kansas will consume at least 10,000,000
pounds of twine In Its wheat and oat
harvests. Trust prices have fallen on
an average of 2 cents a pound since we
put our twine on the market. This
knocks It out of $200,000 In proilts. Its
loss is the Kansas farmers' gain.
"But we have made some enemies,"
he concluded, "In doing this. The
agents of the trust and many Imple
ment dealers who sell twine are com
plaining In fact, they are howling. Hut
for every trust agent and Implement
dealer we have made sore we make fifty
farmers happy."
Three Departments of Illinois Steel
Company Close.
Chicago. J" The employes of
the Illinois Steel company's mills at
South Chicago were surprised Saturday
when notices announcing the closing
down for sn Indefinite period of three
departments of the works, affecting
i,Mv employes, were posted, and gave
the first Intimation to the men st work
that they were to be given sn enforced
r scat Ion.
The departments effected by the or
der are the plate mills, MO men; the
slab mills, MO men; the open hearth
furnace, 2,000 men, snd three gas
houses, 460 men. The depart menu not
affected by the order are the steel mill,
the rail mill and the blast furnsce.
. The consul of the United States at
Barranulll,Colonibia, reports that the
government hss declared tbe port of
Cucuta closed.
Farmers of Nuckolls County Want
a Station at Abdal.
Lincoln, Neb., June 5. The sec ret a
rles of the stale board of transportation
have received a petition asking that a
shipping and telegraph station be lo
cated at Abdal, in Nuckolls county, on
the Missouri Pacific line. The station
is at present but a Hag station and it
situated midway between Superior and
Mount Clare, being nine miles from
either. The petition is signed by D.
Sage and a score more. It represents
that the service now enjoyed is only
that offered by a mixed train, Abdal
being designated as a flag station, and
that this offers no sufficient encourage
ment for the raising of live stock and
production of grain to the residents of
that neighborhood.
It Is stated that this condition of af
fairs is most Unfortunate, as that sec
tion is well settled and the present out
put of produce, which Is large, would be
greatly increased if the facilities asked
were furnished. As It is now, farmers
are compelled to send most of their
produce to other stations on other
roads, six and nine miles distant. In
support of its statement of the amount
of business which might be done thro'
Abdal the petition alleges that even
under the present adverse conditions
over 100 cars of grain have been ship
ped from there during the last year, in
addition to a considerable shipment of
stock. The establishment of a shipping
and telegraph station would form the
nucleus of a town which would prob
ably spring up rapidly and this would
enable the farmers to. buy provisions
without going six or eight miles.
Irreslstabl Desire To Cut Throats
of Their Customers.
Paris, June 5. A barber In Poiters
who confessed to having cut the throats
of eight of his clients In the last two
years has been acquitted upon the tes
timony of expert medical witnesses.
The defense brought upon the stand a
number of barbers, all of whom testi
fied that they themselves were subject
to a sort of fascination while at work
which Impelled them to sever the
throats of their customers. The defense
got Insanity experts to testify that this
Impulse was precisely the same appeal
to the insanity lurking In all men which
compels people to Jump from great
heights, the same vertigo which often
makes men working on big mechanical
knives to give an arm, a hand or a
finger to be cut. An immense num
ber of scientifically recorded cases were
died amongst others those of several
surgeons who were compelled to re
nounce their profession because the
touch of the keen cutting Instruments
Incited them to commit murder.
The barber In the case declared that
when he was alone with a client the
Instinct to cut the latter's throat was
Irresistible. Then, leallzing his dunger,
he concealed 'the crime cunningly. His
last niurdor, however, was committed
before tlve custonivis walling their
turn. The murderer was sent to a J in
sane asylum. The case Is exciting
great Interest among scientists.
Caught Making Whiskey Without a
Government License.
New York. (Special.) Two women,
mother and daughter, caught by secret
service officers In the act of llllciily
manufacturing whlfky at 454 South
Fifth street, Williamsburg, were ar
rested after they had put up a harder
flxht than most men could have done.
They are Mrs. Annie tilaasmtin.
young, pietty and athletic, and Mrs.
Carolina Smith, gray halted and wrin
kled. Internal revenue authorities say
that they are the cleverest criminals of
their kind In the country. Tl.cy are
wanted In Passaic, N. J., where they
and the huKband of the younger of
them were arrested last June for mak
ing "moonshine whhtky." The man Is
now In the New Jersey penitentiary.
The women escaped similar punishment
by Jumping their ball.
Revenue Agent Frenk C. Thompson
found where the fugitives were last
week. He learned that they were mak
ing whisky with hardly any attempt
at secrecy. They kept big mash tubs
In the halls of the house In which the;
lived and they had the test of the dis
tilling apparatus In their rooms. They
sold the whisky to the saloons in thf
Indianapolis, Ind. (Special.) ThS
Necly Printing company of Muncie,
whose plant was seized by the United
States marshal on an attachment of
the government on the ground that
Charles W, F. Neely had an Interest in
the property, was authorised to resume
business by the United States court to
day. The office will be appraised and
Its manager be obliged to give bond
to twice its value. ,
Kansss City, Mo. (Special.) Ths
seating capacity of Convention hall,
where the democrstic national conven
tion will be held Is announced today ai
follows: Arena balcony, 5.500; stage,
500; east of stage, 500; second gallery,
3,300; roof garden gallery, 1,000; arena
floor, where the delegates and alter
nates will be seated, 2,30; press quar
ters, 800; roof garden proper, 3.200; tem
porary gallery, 3.300; total, 22.240.
Oeorge 3. Gilbert was renominated
by acclamation for congress by thf
democrats of the Eighth Kentucky district.
Only One Member, Mann, a Repub
lican. Casts Hie Vote Against
the Measure.
Washington, June 4. Only one vote
iv as cast in the house Saturday against
the Littlefield anti-trust bill to amend
the Sherman act of 1S90 to make it
more effective in the prosecution of
trusts and combinations, their agents,
officers or attorneys. Mann, republican
of Illinois, cast the negative vote.
The bill, according to the statements
of the republican leaders, goes to the
limit of the authority of congress un
der the constitution.
All the democratic minority amend
ments except one were defeated. That
was an amendment declaring that noth
ing in the act should be constiued to
apply to trades unions or labor organ
izations. All except eight republicans
Aldrich of Alabama, Allen and Little
Bel dof Maine, Bailey, Long and Cat
Jerhead of Kansas, and Cannon nd
Httt of Illinois, voted for it.
The bill amends the Sherman antt
turst law so as to declare every con
tract or combination In the for mof a
trust or consplarcy In restraint of com
merce among the states or with foreign
aatlone, Illegal, and every party to such
ntract or combination punishable by
1 fine of not less thun $500 or more
than 10,000, and Imprisonment for not
less than six months, nor more than
two years. It provides that any per
son injured by a violation of the pro
visions of the law may recover three
fold of the damages. The definition of
"person" and "persons" In the present
law Is so enlarged as to Include the
agents, officers or attorneys of corpor
ations. For the purpose of commerce It de
clares illegal all corporations or associ
ations formed for carrying on business
for purposes declared Illegal by the
common laws; provides that they must
be perpetually enjoined from carrying
on Interstate commerce and forbids
the the use of the United States malls.
It provides for the production of per
sona and papers and confers Jurisdlc
tlon on United States circuit and dis
trict courts for the trial of causes un
der It and authorizes any person, firm,
corporation or association to begin and
prosecute proceedings under it.
The democratic amendment to broad
en the language of section 9 was lost
122 to 130.
The democratic amendment authoriz
ing the president to place on the free
list articles in which he is satisfied
there is a combination In restraint of
trade, was lost 122 to 133.
, The last democratic amendment pro
vided that nothing In the act should be
construed to apply to trades unions or
labor organizations. Against this Hay
raised the point of order that It was not
germane. The speaker overruled the
point of order, saying It was in order
jnder the agreement. Tire democrats
greeted the; ruling with cheers.
"Now we have you in the hole,"
ihouted some one on the democratic
liabcock of Wisconsin was the first
to vote with the democrats and his vote
was greeted with applause It was es
pecially demonstrative when Grosvenor
of Ohio and Dolllver of Iowa voted In
the affirmative. The amendment pre
vailed by an overwhelming majority of
!80 to 8. The announcement wan greet
ed with cheers on both sides.
The vote was then taken on the pass
age of the bill. On this vot ethe re
publicans repeated the democratic per
formance by applauding the democrats
is they voted for It.
Root Transmits a Statement Cov
ering the Entire War.
Washington, D. C, June 4, Secretary
Root. In response to an inquiry, trans
mitted to the senate a statement of the
casualties among the regular and vol
unteer officers and men In the Phil
ippines from the date of occupation to
May 24, 1900.
It shows that forty-eight officers and
608 men were killed in action or died
Df wounds received; twenty-two offi
cers and 1.138 men died of disease, and
seven officers and seventy-seven men
committed suicide, making a total of
jf seventy officers and 1,774 men.
In the same period 128 officers and
1,836 enlisted men suffered wounds,
which did not prove fatal. The num
ber of troops In the Philippines April
SO, was 2,324 officers snd 11,272 men.
Manila. (Special.) A number of ri
fles have been surrendered at Cuyspo
and more are expected.
The fugitive governor of Benguet
province, a rich, Influential snd devoted
friend of Agulnaldo, has been captured
at Alllt.
Generals Grant and Funston have
sent detachments In pursuit of the In
surgents who rushed the town of Son
Miguel de Mayomo near here Tuesday,
killed five Americans, wounded seven
and captured Captain Roberts of the
Twenty-third Infantry and two enllst-
Committeeman Jamison Autnorlty
for the Statement.
Chicago, June 5. Dr. T. N. Jamleson,
republican national committeeman from
this state, says eastern republican
managers are greatly worried over the
situation in the east. They fear. , Dr.
Jamleson says, that the republicans
will lose the state of New York In No
vember. Dr. Jamleson went to New York,
Washington and Philadelphia a week
ago. He said:
"The most interesting thing, politi
cally, that I found on my trip was the
feeling eastern republicans have that
there is a great fight ahead of the
party In the east, and particulrly in
New York. There Is little else under
consideration there Just now. The rea
sons for it I do not know, but the feel
ing is so strong that New York is in
danger of going democratic that the
big leaders seem to have decided o give
New York the vice presidential nomina
tion, whether the New Yoik leaders
want it or not.
"I have no official information, but
what I heard while in Washington and
New York. I am of the opinion that
the man agreed upon is Cornelius N.
Bliss, formerly secretary of the Interior
In McKinley's cabinet and treasurer of
the national committee in 1S92 and 1896.
He has been mentioned frequently, of
couise, and It understood he has de
clined It, but I presume he would be
willing to make a sacrifice of personal
affairs for the sake of the party."
To Declare Against Free Sliver and
Denouuce the Trusts.
Washington, D. C, June 5. President
McKinley is editing thepeech of Sen
ator Wolcott, who is to be temporary
chairman of the Philadelphia conven
tion, and that of Senator Lodge, who is
to be permanent chairman. Wolcott's
speech will be a flowery review of the
whole administration, with a keynote
here and there. Lodge's will refer more
particularly to the war and the new
insular possessions.
The platform Is under daily consider
ation. The anti-trust plank will be
prepared by Senator Fairbanks. Sen
ator Foraker will write the Insular
plank. The sound money plank will
recite the passing of the gold standard
bill and declare unalterably against free
silver at any ratio.
It is not yet decided whether the
Porto Rican tariff will be mentioned.
The war in the Philippines will be dis
cussed at length. The bravery of our
soldiers will be celebrated, and the de
claration made that the war Is over,
and that civil government will be giv
en the natives as soon as practicable.
The main feature of the platform will
be the prosperity plank. Figures show
ing how plentiful work and money are,
will be introduced, and the excellent
condition of trade of business will be
claimed as a direct outcome of the Mc
Kinley administration. The platform
makers will fight shy of the Boer war.
Says They Would Bj Weloomed By
the United btates,
New York, June 5. In answer to the
World's dispatch to William J. Bryar
at Lincoln, Neb., asking his views on
the suggestion to invite the Boers to
America, he replied:
"The Boers are industrious and Intel
ligent and have shown themselves lov
ers of liberty. If they lose their fight
for Independence I hope they will come
to the United States. I wish they could
ecime soon enough to help save this
country fro mthe Imperialism that la
driving them from South Africa. A
small part of the money now being ex
pended on a war of conquest, if spent
In reclaiming arid lands, would furnish
homes for all the Hoers and thousands
of our people besides.
'I wish there were some of them ir
this country. They could well take the
place of a good many republicans who
believe in the imperialistic policy of
Great Britain."
Democrats to Support Measure As
a Last Resort,
Washington, D. C, June 5. The dem
ocratic party has at last united upon
one important issue for the coming
campaign. Trusts of all description!!
will be denounced and will be made one
of the paramount issues.
At a recent caucus it was decided to
vote for any anti-trust legislation
which the republicans may present,
providing mure radical measures can
not be substituted. The constitutional
amendment reported by the commlttoe
on Judiciary does not meet with favor
among the democrats.
In addition to thentl-trust discus
sion plana for the coming campaign
were talked of. A reduction In war
taxes was strongly advocated. '
New York, May 4. Delegates from
the rural districts began to arrive In
the city yesterday to attend the demo
cratic convention, which meets hers
The Erie county delegation comes
here with Bryan Instrutclon resolutions
and also for a reaffirmation of the Chi
cago platform.
The state committee will meet at the
Hoffman house today and pass on the
roll of delegates. The temporary offi
cers of the convention will also be se
lected. It Is also said that Assembly
man Norton of Rensselaer, may b
temporary chairman and Elliott Dan
forth. txtrmaJMinl chairman.
British Meet With Severe Losses,
But Are Supposed To Be Near
Transvaal Capital.
London, June 5. Pretoria is still un
sccupied by the British army, to Judge
from Lord Roberts' failure to report
the eagerly awaited event, and England
is beginning to wonder if, after his suc
cessful entry into the Transvaal, a new
campaign must now be planned and the
enemy be followed Into the Lyndenburg
fastnesses, whKher they are apparent
ly going with their heavy guns to Join
President Kruger.
Evidence that the Boers have not
given up the struggle Is afforded in
plenty by the recent trapping of Bra
bant's patrols, the sharp fighting near
Lenekal, in which the British, it is
known, had thirty-two killed and 150
wounded, and the fierce attack on War
ren at Douglas, in Cape Colony.
These events, in widely scattered sec
tions of the field of war, point plainly
to long continued guerrilla warfare,
unless the main body of the enemy is
speedily crushed or captured.
The exact situation as to Pretoria Is
a mystery. According to the press dis
patch from there Thursday, British pa
trols were around the town and tne
citizens' committee was maintaining or
der. In a dispatch dated at Jonannes
buig laie Friday night, Lord Roberts
itu.ys not a woru about the Boer capi
tal and tells vaguely about French
having taken up ine position north of
Joliannesouig to which he had been or
dered. Vvide speculation is possible as to the
extent and meaning of the important,
opeiatlona wnicn Lord Roberts doubt
less has in progress. The seeming delay
in tne Billisn commander's aispatches
has given rise to a theory that Lis
communications to the southward are
being tampered with by marauding
banus of me enemy, but this has few
ll is generally believed that the
Biitish forces are cautiousiy approach-
ng fretoiia, taiting every military pre-
jaution which tney would were the en-
any known to be in great strength on
heir front. In this Lord Roberts woulu !
ae following the dictates of his soldierly
nature, not making a dash until the
irmed foe were out of the capital.
A cablegram from Lord Roberts, dat
ed Johannesburg, May 31, but which
ivua not dispatched from there until
1:30 a. m., of June 1, has been received
by the war office. It says:
"The occupation of Johannesburg
passed off quite satisfactorily, thanks
:o the excellent arrangements made by
Dr. Kraus, the Transvaal commandant
aere, and order prevailed throughout
:he town.
"Dr. Kraus met me on my entrance
;o Johannesburg, and rode by my side
:o the government offices, where he in
;roduced me to the heads of the several
lepartments, all of whom acceded to
xiy request that they would continue to
:arry on their respective duties until
.hey could be relieved of them.
"Johannesburg is very empty, but a
rood crowd of people assembled In the
main square by the time the British
Jag was being hoisted. A royal salute
ivas fired and three cheers for the
lueen were given. At the end of the
leremonles the seventh and eleventh
liviaions marched past with the naval
jrigade, the heavy artillery and two
jr lgade divisions of the royal artillery.
"General lan Hamilton's column and
;he cavalry and the mounted Infantry
were too far away to take part in the
"The troops looked very workmnHke
ind evidently took keen Interest In the
"The Fourteenth and the naval brig
ade have been left In Johannesburg to
preserve order, while the remainder of
the force is encamped north of the
town on the Pretoria road."
Kruger Says That England Will Not
Have To Fight.
Lourenzo, Marquesas, June 5. Lord
Roberts is reported to be In Johannes
burg. The mines were not destroyed.
General Botha was leaving a large
commando to hold Irene, but It was said
that should the British gain the outer
hills of Pretoria the town would sur
render. This is positive.
The government, to prevent the stores
falling Into British hands, told the
burghers to help themselves. It was a
most remarkable scene, the women,
children, Kaffirs, outlanders and burgh
ers dividing the stores. At the request
of Consul Hay, twenty British officers
were sent to Waterfall to keep the tum
bulent "Tommies" In hand.
President Kruger Is now at Macha
dorp. I saw him and Secretary Relts
Just before leaving. They declared
that they would wage an Irregular war
fare, cut oft Lord Roberts' communica
tions and require the British to keep
100.000 men as s standing army in the
Transvaal. Secretary Relts said that
the real difficulties of the British had
only Just begun.
Fire In the five-story department
Itore of the Pilts-Klmball company, ad
Joining the Park theater, Washington
street, Boston, did more than $200,000
damage. '
Chinese Government Don't Try Ta
Capture the Boxere.
Pekin. Friday, June 1. American and
other foreign guards numbering 34
arrived here In the midst of the Dra
gon festival. The streets were uausu-
were greatly Interested In the annual
spectacle no manifestation of hostlUtjr
was made.
The presence of the guards has all
ready had a marked effect upon the
bearing of the Chinese toward foreign
ers. The excitement in the adjacent
country has been" much allayed, but
many Christian refugees are still flock
ing Into the city. The "Boxers" are
evidently moving afield.
Unfortunately no leaders of the Box
ers have been arrested, though their
capture would have been easy. AH the
government has done has been to oc
cupy the scenes of the disturbances.
and no real repressive measures have
been taken.
The French consulate has received In
formation from priests at Pao Ting Fu
that thirty foreigners, including six wo
men and a child, who were attempting;
to escape from Pao Ting Fu to Ties
Tsin in boats were attacked by 70ft
Boxers armed with rifles and spears.
Many of the foreigners were wounded.
Four were killed outright, but the fate
of the remainder of the party is un
known. Having little ammunition,
however, it is considered impossible
that they could hold out against their
Tien Tsin, June 2. The forelgnera
who escaped from Pao Ting Fu are ten
miles from here. Four of the party
have been killed and four are wounded.
An expedition is proceeding to their re
War Department Wants the Money
for Coast Defense.
Washington, D. C, June 2. Unless of
ficials of the war department yield to
the pressure brought by representative
from the west, very little of the appro
priation of $1,000,000 carried In the sun
dry civil bill for the general repair of
military posts will be expended on.
western forts. It is announced that it
is the Intention of the department ta
expend the bulk of the sum named on
coast fortifications and according to
plans made most of the fund will be ab
sorbed in such improvements. The sun
dry civil bill, as amended in the sen
ate, makes $75,000 available for im
provements at Fort Meade, S. D. Chair
man Cannon of the appropriations com
mittee of the house is opposed to this
and similar amendments of a positive
nature on the ground that the Jl.OOO.Oftft.
carried by the bill included improve
ments that are needed at Fort Meade.
notwithstanding the plans of the de
partment. Representative Burke had
a talk with the house conferees on the
matter today and he Is hopeful that the
appropriation will be retained in tile
blil In Its present form.
Late this afternoon eulogies were de
livered in the senate on the life and
char acter of the late William L.
Greene, congressman from the Sixth.
Nebraska district. Senators Allen.
Thurston and Turner spoke, Senator
Allen speaking to a resolution which
he Introduced and Senator Thurston
closin gwlth a beautiful tribute to hla
colleague of the Nebraska delegation in
the lower house. ,
First Missouri Regiment May
Ordered Out at St. Louts.
St. Louis, June 5. Members of
First Missouri regiment, National
Guard of Missouri, received orders to
report at the armory at 9 o'clock Sat
urday morning.
Friday- night company B was on
guard. Captain B. F. Wheelock, who
was officer of the day, said to an As
sociated Press reporter that he had re
ceived a command not to discuss the
orders with any one. It was ascertain
ed, however, that all the men who ap
peared at the armory from the various
companies should be instructed by the
guard to appear Saturday morning. The
nature of the duties they will perform
is not known.
The work of securing the force of
2,500 special deputy sheriffs called for
by the police board continues, and cltW
ens are being rapidly enrolled.
lowan Made To Apologise In Publlo
Square for a Remark.
Sallx, Ia.--(Speclal.) The town waa
thrown Into a furor of Indignation this
morning by an Insult to the nation and
to the participants in the memorial ex
ercises. C. E. Schmidt, station agent
for the Sioux City & Pacific, got in
front of the parade and shouted: "To
with America." Major E. H. Smith.
who was In charge of the process ioiv
rushed after Schmidt and rushed him.
two blocks for the purpose of resenting;
the Insult, but could not overtake him.
Later Schmidt was caught, led to the
public square and made to apollglse to.
a wrathful crowd, which threatened,
New York, June 6. The National
Sugar Refining company of New Jer
sey has been organised In Jersey City.
The new company Is a combination at
tbe National, Mollenhaver and Doscher
companies. The stock Is divided Into
$10,000,000 preferred stock. The assets
comprise all the plants of the three
companies In the combination, and sev
eral million dollars In cash. All plifcit
are owned by the company, which will
start up at once, at thstr full capacity.