Standard Oil Company; Trusts, Industrial -- United States
That which governments have not yet been equal to has been accomplished
by the private co-operation of a few citizens. They decree at their
pleasure that in this town or that State no one shall manufacture
alcohol, and they enforce the decree. Theirs is the only prohibition
that prohibits.
From the famous whiskey ring of 1874 to the pool of 1881 and the
trust of 1887, and from the abandonment of that "trust" dress and
the reorganization into one corporation in 1890 down to the present,
this private regulation of the liquor traffic has gone on. It is
a regulation of a good deal more than the liquor traffic. Through
its control of alcohol it is a power over the arts and sciences,
the manufacture and the preparation of medicines, and a power
over politics. More than one chapter of our history exhibits the
government itself holding to these rectifiers relations suggestive
of anything but rectification. The report of the investigation by
Congress in 1893 notes the fact that on the strength of a rumor that
the internal-revenue tax was to be increased by Congress, the Trust
raised its prices 25 cents a gallon. This would amount to a profit of
$12,500,000 on its yearly output.
By February, 1888, all the important distilleries in the Northern
States--nearly eighty--were in the Trust, excepting two, the larger of
which was in Chicago. The cases of these irreconcilable competitors
were set for consideration, according to the _Chicago Tribune's_
report, at a private meeting of the trustees February 3d. In April
the Chicago distillery firm published the fact that they had caught a
spy of the Trust in their works. He had given them a confession in
writing. In September it was discovered that the valve of a vat in this
distillery had been tampered with in such a way as to have caused an
explosion had it not been found out in time. The next month its owners
made known that they had been offered and refused $1,000,000 from the
Trust for their works. In December the country was startled by the
news that this distillery had been the scene of an awful explosion of
dynamite. All the buildings in the neighborhood were shaken and many
panes of glass were broken. A jagged hole about three feet square was
torn in the roof. There were 15,000 barrels of whiskey stored under
the roof that was torn open, and if these had been ignited a terrible
fire would have been added to the effect of the explosion. A package of
dynamite which had failed to explode, though the fuse had been lighted,
was found on the premises by the Chicago police.
The Chicago representative of the whiskey combination ridiculed the
idea that the Trust had had anything to do with this. "Such a thing,"
he said, "is contrary to the genius of a trust."
Public-domain text, read in full here on John Shaqi.
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