Conservative * 11
THE UNITED STAItCH COMPANY.
A New nncl Sir one Organization Just
Formed With a Cupitul of $0,000,000.
Ever since the "Starch Trust , " or
National Starch Manufacturing Com
pany , began business , there has been
talk among those manufacturers of
starch who remained outside of it , of
the formation of a strong competitive
organization , and this , we have now the
pleasure of recording , has at length been
brought to pass. There has just been
organized under the laws of the state of
New Jersey , with a capital of $6,000,000 ,
a powerful concern under the style of
the United Starch Company , which is a
consolidation or combination of the only
four starch manufacturing concerns in
the United States that are not in the
"Trust" the Oswego Starch Factory ;
the American Glucose Company , of
Buffalo , Gilbert S. Graves ; the Argo
Manufacturing Company , of Nebraska
City , Neb. , Joy Morton & Co. ; and the
Sioux City , la. , Starch Works , owned
by Duryea & Go.
These concerns are the largest and
most important manufacturers of fine
grades of starch in the United States ,
and their transactions are in the aggre
gate of enormous magnitude. T. Kings-
ford & Son , of Oswego , N. Y. , ore the
oldest starch makers in the United
States , their history going back to 1848.
They have a world-wide reputation for
the production of thoroughly first-class
goods , of absolute uniformity in quality ,
and their export trade is one of great ex
tent and importance.
Gen. Hiram Duryea is the next oldest
starch manufacturerer in the United
States after the Kingsfords , and his
goods , BO long as he was in the trade ,
were also held in high repute every
where.
In fact , all four companies have been
renowned for turning out first-class
goods at the very lowest prices , and for
honorable and liberal methods in things
both great and small , and it is quite cer
tain that this reputation will be fully
maintained in time to come.
At a meeting held the other day at
the offices of the new company , at 11
Broadway , the following gentlemen
were elected as officers : T. P. Kings-
ford , of Oswego , president ; Hiram
Duryea , of New York , first vice-presi
dent ; Carl Morton , of Nebraska City ,
second vice-president ; and J. D. Higgins ,
of Oswego , secretary and treasurer.
The directors are : T. P. Kingsford.
Hiram Duryea , Joy Morton , of Chicago ;
Charles E. Flint , of New York ; J. O.
Young , of New York ; Carl Morton , of
Nebraska City ; J. D. Higgins , of
Oswego ; H. H. Duryea , of New York ,
and Gilbert S. Graves , of Buffalo.
It is learned that no new stock has
been issued to be sold , nor will any be
offered to the public. Neither is there
any buying up of factories. It is simply
a joining of forces , and all the four
factories will be run to their full
capacity , and others will bo built as may
be required.
The organization of this new company
is a most important thing for dealers
and the public. Its existence constitutes
a guarantee that there will be no undue
advancement of prices and no shortage
of supplies , as would have assuredly
been the case if the Starch Trust had
been left undisturbed. The fact that
the management is in the hands of such
able men as those named above makes it
certain that everything will be done as
it ought to be done.
The stock of $6,000,000 is divided into
$2,600,000 of 6 per cent cumulative
stock and $3,500,000 of common. The
company will bo able to make and dis
tribute goods at a very much lower cost
than heretofore , as can readily be under
stood. Commercial and Financial
World.
CLUBBING BATES.
THE CONSERVATIVE and the Daily and
Sunday Kansas City Star for one year
for $4.25 ; or THE CONSERVATIVE and
Wepkly Stdr for one year for $1.60.
Address , THE CONSERVATIVE ,
Nebraska City , Neb.
POLITICAL.
The Salt Lake Tribune ( silver rep. )
gave Bryan a hearty welcome to that
city lately , but warned him that "he
will never get the vote of the people
here again , as he did in 1896 , for 'condi
tions have changed. ' "
Bryan is warned by the Cleveland
Plain Dealer ( dem. ) to stay out of Ohio
during the state campaign , lest his
"doing the work of the millionaire with
a barrel this year would be to forfeit the
support of the plain people next year. "
It even wonders if the invitation to
Bryan to come is "a part of the plan of
the schemers who are trying to lure Mr.
Bryan to his own destruction. "
"The republican party connot afford
to go into the next campaign with its
pledges to the business world and to the
American people in regard to the gold
standard unfulfilled , " warns the Chica
go Times-Herald ( rep. ) . "The time for
temporizing on this subject passed when
the republican party was given control
of the United States senate. The days
for shuffling and equivocating ended
with the fifty-fifth congress. "
The democratic revolt against McLean
in Ohio is growing. B. D. Babcock , ex-
mayor of Cleveland , says that "every
good democrat owes it to himself and
his party to turn this resident of the
District of Columbia down BO hard and
so fast that he may never be heard of
again politically. There isn't any use in
wasting one's vote or in staying away
from the polls. The thing to do is to
vote for Judge Nash. That's whatr I
am going to do. " In Wood county Dr.
H. O. Maunlmrd , nominated for auditor ,
and Samuel Oswald , for treasurer , have
withdrawn from the ticket rather than
run with McLean.
The Hartford Courant ( rep. ) hopes
that it is not true , as reported , that
"there are distinguished republicans
who think it will be clever politics to go
into next year's campaign with things
as they are" regarding the finances.
"If any such there be , " it says , "we
hope they will seriously consider be
tween now and the meeting of congress
whether cowardliness is any more en
gaging a quality in a party than in a
man , whether a deliberate breach of
faith is likely to conciliate public confi
dence , and whether after all there are
any safer things to tie to in American
politics than the honesty , integrity , and
thrift of the American people. "
"The country has the gold standard in
fact , and we must settle the question
once for all , so far as legislation can
settle it , and eliminate it as a political
football , " declares the Chicago Evening
Post ( rep. ) . "An explicit declaration
that gold is the standard and the sole
money of redemption would have this
effect. Such a law could not be upset
except by congress and the executive
working together in the interest of sil
ver. The United States , it is safe to
say , will never have a silver house ,
senate and executive at the same time.
Pass a gold law , and it will stand. The
people will accept it as final , and the
politicians will acquiesce and transfer
their attention to something else. "
When Comptroller Dawes says that
the creation of a gold-reserve fund for
the redemption of greenbacks would be
"more decisive than any mere formal
gold-standard declaration on the part of
congress could possibly be , " he speaks ,
the Portland Oregonian ( rep ) says , "not
as a reformer , but as a politician. The
country will so interpret his utterance ,
and will justly conclude that the presi
dent is afraid of going before the country
with an honest declaration for the gold
standard in terms. Such counsel should
not prevail , for it means cowardice and
faithlessness. The reason why republi
can politicians are afraid of the word
'gold' is the very reason why it should
be forced upon their trembling lips.
Good faith in this matter has passed
beyond the stage of expediency. It is a
question of morals. "
"It is not to be doubted , " says the
Kansas City Star ( ind. ) , "that the
president regards expansion as a popular
issue , and will cause it to be made
prominent in the next campaign to the
exclusion , certainly of civil-service re
form , though hardly , it can be believed ,
to the relegation of his favorite doctrine
that free trade would be hurtful to a
country with a manifest destiny in the
way of an oriental commerce. "