Jasper County Democrat, Volume 2, Number 12, Rensselaer, Jasper County, 1 July 1899 — TRUSTS ON THE DECLINE. [ARTICLE]
TRUSTS ON THE DECLINE.
£o Say* Crawford Fairbanks, Who Organized Strawboard Combine. Crawford Fairbanks of Terre Haute, Ind., the brewery magnate and the promoter of the strawboard trust, has a vivid idea that the trusts are, so to speak, on their last legs. “Did you read that expression of the Attorney General of the United States in which he said that the investors in trusts would be the sufferers —not the public?” said he. “Well, his head may be level. The investors have a stomachful of trusts. Thist stock is down from 15 to 20 points and the investors don’t bite like they did. The furore is wearing off. It takes a bigger chunk of bait and a better quality to have a tempting effect than it did awhile back. I don’t think that it will be possible to put through any trust deal on a large scale in the future.”
