-Caveat Lector-
an excerpt from:
Mellon's Millions
Harvey O'Conner©1933
Blue Ribbon Books
New York, N.Y.
--[Notes& Apendices]--
NOTES
I am particularly indebted to Basha DeWard for preparation of the financial
tables in Appendices 6 and 7, and to Maurice Schneirov for assistance in
examining records in the Allegheny County courthouse. Arthur G. McDowell,
Martin Dillmon, Esther Lowell and Carl Haessler helped in preparing the
chapter on labor. Many newspaper men in Pittsburgh and Washington have given
me valuable sidelights on the Mellon fortune and history. Most of all I wish
to acknowledge my gratitude to my wife, Jessie Lloyd, who helped in
collecting material and in revising the manuscript.
FOREWORD
John T. Flynn in his Rockefeller biography entitled God's Cold, estimated the
fortune of the Rockefellers, father and son, in 1932 at $150,000,000. The
Ford Motor Company's net worth is recorded in a statement filed with the New
Hampshire Secretary of State.
CHAPTER 1
Chapter 1 is based mainly on Judge Mellon's autobiography, entitled Thomas
Mellon and His Times, printed privately in Pittsburgh in 1886. The volume is
rare. Old-time Pittsburghers like to describe the furore among the younger
Mellons when their father's opus appeared. The old man had sent copies to his
friends around town. Andy and Dick, according to the story, hitched up the
mare and drove to every house where they suspected a copy might be found and
collected as many of the precious books as they could demand or wheedle from
their father's friends.
Andrew Carnegie, on the opening page of his autobiography, pays tribute to
that of judge Mellon in these words: "A book of this kind, written years ago
by my friend, judge Mellon, of Pittsburgh, gave me so much pleasure that I am
inclined to agree with the wise one whose opinion I have given above; for
certainly, the story which the judge told has proved a source of infinite
satisfaction to his friends, and must continue to influence succeeding
generations of his family to live life well. And not only this; to some
beyond his immediate circle it holds rank with their favorite authors. The
book contains one essential feature of value it reveals the man."
Allegheny County court records extending back into the 1830s have been
consulted for material concerning the early growth of the Mellon fortune via
the mortgage and judgment route.
CHAPTER 2
Chapter 2 draws on Judge Mellon's autobiography and on J. R. Mellon: Letters,
privately printed in 1928. This slender book, edited apparently in James Ross
Mellon's nonage, throws a revealing light on Judge Mellon's careful training
of his sons. The volume, with its references to insanity in the maternal line
of the family and its intimate glimpses into the Mellon psychology, probably
was greeted with as little enthusiasm by other members of the family as Judge
Mellon's book.
James Ross Mellon, although the second son of Judge Mellon, faded out of the
picture about the time his father died. He was associated in the realty,
lumber and bank business with his oldest brother, Thomas Alexander, who died
in 1899. Held by some to be not so bright as his younger brothers, James Ross
was regarded as less tightfisted. He was closely guarded in his later years
to restrain his impulse to give away slices of his fortune.
Perhaps the most memorable incident in the otherwise unruffled life of James
Ross was the shipwreck of the S.S. Republic in 1909, in which for the first
time radio was used to summon aid at sea. Mrs Mellon, more panicky over her
lack of clothing than the sinking 'hip: rushed back to her cabin for a skirt
while her husband stamped the deck, complaining that the life belt didn't fit
and that he could not find his socks. They were finally located in his coat
pocket. The shipwreck ended plans for a trip to Egypt.
James Ross held tenaciously to his belief in prohibition long after the
current had started against it. Speaking before the Theta Delta Chi assembly
in 1933, he said: "The United States as a whole could get along without
liquor and would have, but for the foreign element which introduced
bootlegging and racketeering on a wholesale scale." He reproved John D.
Rockefeller, Jr., for his attack on prohibition.
For the foreclosure of James Kelly's estate, see Harry C. Gilchrist's History
of Wilkinsburg, 1927, as well as Allegheny County court records. Early files
of the Pittsburgh Banker and the Pittsburgh Legal Journal have been valuable
for sidelights on early Mellon history. Files of Pittsburgh newspapers of the
1870s and 188os have been consulted for judge Mellon's service as Select
Councilman.
Judge Mellon's treatise on The Sunday Question was privately printed in
Pittsburgh in 1883
The Pittsburgh riots in 1887 and other phases of early industrial history of
the Iron City are described in Pittsburgh's Progress, Industries and
Resources, by George H. Thurston, 1886, and also the same author's Allegheny
County's Hundred Years, 1888. Both were printed by A. A. Anderson & Son of
Pittsburgh.
CHAPTER 3
Early Pittsburgh newspapers, the Pittsburgh Legal Journal, the Pittsburgh
Banker, George H. Thurston's books, reports of the Pennsylvania Bank and
Insurance Commissioner and older Pittsburgh citizens have been consulted for
data in this chapter. I am also indebted to George Harvey's Henry Clay Frick:
The Man, published by Charles Scribner's Sons, 1978, and to Francis Ellington
Leupp's George Westinghouse: His Life and Achievements, published by Little,
Brown, 1918.
For additional material on the rise of Union Steel, see James Howard Bridge's
Inside Story of the Carnegie Steel Company, published by Aldine, New York,
1903, the Financial and Commercial Chronicle for the period, the report of
the special- committee of the House of Representatives investigating the U.
S. Steel Corporation, 19 11 -12, and the federal court case, U. S. A. vs. U.
S. Steel Corporation, seeking a dissolution of the trust.
CHAPTER 4.
For a record of this era of corporate growth, see Financial and Commercial
Chronicle and Mineral Industry, the annual of that industry. The U. S.
Industrial Commissioner, in his report of 1901, discussed at some length the
organization of Pittsburgh Coal and River Coal. For Pittsburgh's reaction to
the unfulfilled promises of the corporation promoters, see the Pittsburgh
Banker, a monthly which represented, roughly, the interests of the non-Mellon
banking fraternity in the Iron City. Ile House committee investigating the U.
S. Steel Corporation paid special attention to the Crucible and Pittsburgh
Coal debacles. For the Mellons in traction, Allegheny County records have
been consulted, and Bion J. Arnold's report to the Pittsburgh city council in
19 11
Several responsible Pittsburghers vouch for the accuracy of the account of
President Robbins' efforts to sell his $25,000,000 bond issue. For the George
I. Whitney case, court records and the report of the House committee
investigating the U. S. Steel Corporation have been consulted. For the Jones
case, see Union Trust vs. Pittsburg-Buffalo Coal Company.
CHAPTER 5
Mineral Industry, annual, contains the most reliable account of Aluminum's
early development. The Aluminum World, an early publication, has also been
consulted. For the official story of the rise of Aluminum Company of America,
see The Aluminum Industry by Junius David Edwards, Francis C. Frary, Zay
Jeffries, McGraw Hill Book Company, 1930. The federal case against Aluminum
is contained in U. S. A. vs. Aluminum, Company of America, U. S. District
Court for Western Pennsylvania, 1912. For the growth of the international
cartel, see Ueber die Wirtschaftliche Entwicklung der Alumizium Industrie, by
Dr. Wilfried Kossmann, Frankfurt am Main, 19 11. The Department of justice
report on Aluminum in 1926 discusses the Southern Aluminum Company
acquisition.
Even now suits are still dragging in the courts over Aluminum's alleged
overcharge for its metal during the war. On December 21, 1928, Aluminum filed
suit against the Government for $684,304 plus accrued interest for aluminum
furnished the Navy and other departments, payment on which had been held up
by Controller General McCarl because of the company's alleged indebtedness to
the Government. On February 26, 1929, the Government filed a counterclaim for
$1,540,736 for alleged overcharges by the trust on war supplies.
CHAPTER 6
Much of the incidental material in the account of Spindletop gusher is
derived from the excellent project study of a Beaumont High School class,
entitled, The Spindletop Oil Field, published in 1927- In Guffey vs. Gulf
Refining Company, 17 U.S. (2) 930, the early financial history of the company
was recounted. The Larimer family's history is told in The Larimer & Allied
Families, edited by William Larimer Mellon and published by Lippincott's in
1903, and in Reminiscences of General William Larimer and of His Son William
H. H. Larimer, published by the New Era Printing Company, Lancaster, Pa., in
1918.
The history of Crescent Pipe Line Company and early Mellon oil ventures is
related in U. S. A. vs. Standard Oil Company of New Jersey et al., the famous
dissolution suit, and in The Derrick, the Oil Well Driller, the Oil & Gas
Journal and Mineral Industry, trade publications.
For an account of Standard Oil's early acquisitions and the technique
involved, see Wealth Against Commonwealth, by Henry Demarest Lloyd, published
by Harper & Brothers in 1894. For Gulf's imitation, see Federal Trade
Commission reports on gasoline prices, 1915, and pipe lines, 1916, as well as
hearings before the House Interstate Commerce Committee, 1914, and the La
Follette Senate Committee on oil in 1923,
CHAPTER 7
Most of the papers in the case of Mellon vs. Mellon, 1910-1912, have been
withdrawn from the files of the Allegheny County courthouse. I am indebted to
a Pittsburgh newspaper man for access to his files on the case, which include
copies of the original documents and published articles of the period. The
Philadelphia North American's articles appeared May 5-9, 1911. For the League
of Nations incident, see George Harvey's Henry Clay Frick. Daugherty's
account of Mellon's selection for the post is contained in his The Inside
Story of the Harding Tragedy,
CHAPTER 8
For an exposition of the Secretary's views on public finance, see The
People's Taxation, by Andrew W. Mellon, published by Mac-millan in 1924. The
record of public finance under the Mellon regime is taken from the
Secretary's annual reports, the New York Times, numerous articles of the
period, and private reports by Wash-ington observers. For labor and farm
point of view, see Labor, the railway men's national weekly paper, published
in Washington. The Nation's Business, organ of the Chamber of Commerce of the
United States, ably expressed the contrary view. I am indebted to Silas Bent
for the analysis of the growth of inherited fortunes.
CHAPTER 9
For a comprehensive analysis of practices within the Bureau of Internal
Revenue, the reader is referred to the two-volume report of the Couzens
Committee, entitled Investigation of the Bureau of Internal Revenue,
published in 1926 and of the hearings in eight volumes, on which the report
is based. See also Revenue Act of 1926, Hearings before the Senate Committee
on Finance of the 69th Congress, 1926. Newspaper correspondents, former
Bureau employees and others informed of Bureau practices, have also aided the
author in preparation of material.
CHAPTER 10
The reader is referred to the following documents:
Aluminum Company of America: Hearings before the Senate Judiciary Committee,
69th Congress, 1st session, 1926.
Aluminum Company of America: Report of the special assistant to the
Attorney-General, 1926.
U.S.A. vs. Aluminum Company of America, U. S. district court for Western
Pennsylvania, 1912.
Federal Trade Commission: House Furnishings Industry, Chapter IV, Aluminum
Cooking Utensils, 1925,
Federal Trade Commission Docket 1335, 1925-30
George D. Haskell vs. Duke Estate, U. S. district court, Northern New Jersey,
1928.
Baush Machine Toot Company vs. Aluminum Company of America, U. S. district
court, Connecticut, 1931.
CHAPTER 11
Ludwell Denny in his We Fight for Oil, published by Knopf, 1928, and America
Conquers Britain (Knopf, 1930) has described the course of American diplomacy
in support of American oil interests. For a more extensive account of the
Barco affair in Colombia up to July, 1930, see The Capitalists and Colombia,
by J. Fred Rippy, Vanguard, 1931The results of Senator Johnson's
investigation covering the Baco- National City incident is contained in Sale
of Foreign Bonds or Securities in the United States: Hearings before the
Senate Finance Committee, 72nd Congress, 1932.
The problem of foreign vs. domestic oil is discussed, from the point of view
of the independents, in the studies prepared by Charles E. Bowles,
statistician for the Independent Petroleum Association of America, Tulsa,
Okla. Senate Document No- 93, 72nd Congress, 1932, surveys the extent of
domestic oil resources. For comparative costs of Venezuela and Mid-Continent
oil, see Cost of Crude Petroleum, Senate Document No. 267, 71st Congress,
1931, which is the report of the U. S. Tariff Commission. An Analysis of the
Current Petroleum Situation, by J. Edward Jones, New York, 1931, and Revenue
Revision, 1952: Hearings before the House Ways and Means Committee, contain
statements of the position of the independent producers and refiners.
O'Shaughnessy's South American Oil Reports and the Oil & Gas Journal
have been drawn on for Gulf progress in Venezuela. See Oil Concessions in
Foreign Countries, Senate Document No. 97, 68th Congress, 1st Session, for
diplomatic correspondence on the Mosul concessions. The Texas case against
the major oil companies is stated in State of Texas vs. Standard Oil Company
of al., in 98th district court of Travis County, Texas, 1932.
The International Committee for Political Prisoners, 70 Fifth Avenue, New
York City, has files burdened with facts concerning the suppression of civil
liberties in Venezuela under Gomez.
CHAPTER 12
See Appendix 5 for Richard B. Mellon's testimony before the Senate Interstate
Commerce Committee, 70th Congress, 1928. The Committee's report covers
Pittsburgh Coal's part in breaking down the miner's union in western
Pennsylvania. Pittsburgh papers, the New York Times and the New York State
Labor Department files have been used in preparing material on early Aluminum
strikes. A special committee of the House of Representatives drafted a report
on the East St. Louis Riots in 1918. 1 have drawn on the personal experiences
and reports of Federated Press correspondents for descriptions of labor
conditions in East St. Louis, the Arkansas bauxite mines, the Port Arthur oil
refinery, Gulf tankers, the Standard Steel Car Plant at Butler, and social
conditions in New Kensington. Ile Labour Research Department of London
supplied information on the 'British Guiana bauxite workings.
CHAPTER 13
I am obliged to several Washington newspaper men and observers for material
in this chapter. Accounts of the Mellon weddings are based on description in
the Washington and Pittsburgh newspapers. Thomas Mellon, Jr., war activities
are self-described in The Army "Y" Diary, Crescent Press, Pittsburgh, 1920.
In Science in Action and in Progress at Mellon Institute during 1931-32, the
reader can gain from the Institute's own publication an idea of the scope of
its research activities. Institute studies on aluminum include: Occurrence
and Determination of Aluminum in Foods, The Effect of Pasteurization upon.
the Vitamin C Content of Milk in the Presence of Certain Metals, and Studies
on the Destruction of Vitamin C in the Boiling of Milk. For the contrary view
on aluminum cooking utensils, see An Opinion up" Aluminum, by Dr. Charles T.
Betts, Research Publishing Company, Toledo, 1926: and The Danger of Food
Contamination by Aluminum, by Dr. R. M. Le Hunte Cooper, published by John
Bale, Sons & Daniellson, Ltd., London, 1932
CHAPTER 14
For the investigation of the Mellon primary in 1926 see the Senate Campaign
Fund Investigating Committee's Report. Actual contributions and loans of the
Mellons in the 1926 primary campaign were: A. W. and R. B. Mellon, $25,000
each; W. L. Mellon, $40,500; W. L. Mellon, $83,000 loan; and a $75,000 loan
by a Mellon bank. Louise Overacker discusses the primary election in Money in
Elections, Macmillan, 1932. The Pittsburgh Leader, commenting on substantial
Mellon gifts to the Taft Club in 1912, remarked drily: "The Mellons, the
Joneses, the Laughlins and others not particularly noted for general
philanthropy are on the list."
Corruption in Pittsburgh has been described by Walter W. Liggett in Plain
Talk. The subject has been treated periodically in the magazines since the
rise of reform movements in the United States. For the operations of the
Flinn-Magee ring, see City Basses in the United States, by Harold Zink, Duke
University Press, 1930. Walter Davenport has given an insight into Keystone
politics in his The Power and the Glory: the Life of Boies Penrose, G. P.
Putnam's Sons, 1931. For the investigation of the Teapot Dome aftermath in
1928, see Senate Inquiry into Continental Trading Company Deal, January,
1928. For the operations of Mellon executives against the bonus, see House
Ways and Means Committee Hearings, 1924.
CHAPTER 15
Financial references are from Poor's and Moody's Standard Statistics. For
early Koppers history, see Alien Property Custodian's report on Koppers,
published in 1918. Power Control, by Raushenbush and Laidler and The Power
Fight, by Stephen Raushenbush—both published by the New Republic—describe the
growth of the utilities corporations and holding companies. See also the
Federal Trade Commissions report on the power industry, 1930, and Ernest
Gruening's The Public Pays, Vanguard Press, 1931.
CHAPTER 16
Perhaps a by-product of the Mellon machine's "characteristic thoroughness"
was Philip H. Love's book, Andrew W. Mellon, the Man and His Work, an
encomium published in 1929 by F. H. Coggins & Company, Baltimore. Two-thirds
of the volume comprises quotations from Mellon's speeches and reports.
Accounts of the debacle are based on the press of the period. For the
impeachment proceedings, see House Judiciary Committee Hearings on the
Charges of Hon. Wright Patman Against the Secretary of Treasury, in two
parts, 1932.
CHAPTER 17
This chapter is based on reports in the metropolitan and Pittsburgh press, on
personal comments of Washington newspaper men and Pittsburgh business men.
The Kreuger & Toll affair had been described in the New Republic and other
periodicals.
The successful early business adventures of Thomas Mellon and his sons,
James, Thomas A., Andrew and Richard, were not duplicated when Paul tried his
hand at business. Paul and some associates in 1937 opened two restaurants in
downtown Pittsburgh. The venture ended when the constable sold the fixtures
to pay rent claims. The balance sheet showed complete loss of $10,000
capital, as well as of $5,000 pumped in to revive the dying concern.
APPENDIX ONE
DIRECTORSHIPS HELD BY OFFICERS OF LEADING MELLON COMPANIES
R. B. MELLON (Richard Beatty Mellon), president and director, Mellon National
Bank. Residence, 6500 Fifth Avenue, Pittsburgh, Pa.
Aluminum Company of America, director
American Surety Company of New York, director
Burrell Improvement Company, director
Chicago By-Products Coke Company, director
Crucible Steel Company of America, director
Federal Reserve Bank of Cleveland (Pittsburgh Branch), director
Guaranty Trust Company of New York, director
Gulf Oil Corporation, director
Indian Creek Coal and Coke Company, director
Kensington Water Company, director
Koppers Company, director
Ligonier Valley Railroad Company, secretary and director
Mellon National Bank, president and director
Minnesota By-Products Coke Company, director
National Union Fire Insurance Company, director
Pennsylvania Company, director
Pennsylvania Railroad Company, director
Pennsylvania Water Company, president and director
Pittsburgh By-Products Coke Company, director
Pittsburgh Clearing House Association, president
Pittsburgh Coal Company, director
Pittsburgh Plate Glass Company, director
St. Lawrence River Power Company, director
St. Lawrence Securities Company, director
Seaboard By-Products Coke Company, director
The Shaw-Perkins Company, director
Tallassee Power Company, director
Tri-Cities Water Company, director
Trafford Water Company, president and director
United Gas Improvement Company, director
Union Fidelity Title Insurance Company of Pittsburgh, director
Union Savings Bank, vice president and director
Union Trust Company of Pittsburgh, vice president and director
United States Aluminum Company, director
Workingman's Savings Bank and Trust Company, director
JAMES R. MELLON (James Ross Mellon), director, Mellon National
Bank. Residence, 400 North Negley Avenue, Pittsburgh, Pa.
Ligonier Valley Railroad Company, president
City Deposit Bank and Trust Company, president
THOMAS A. MELLON (Thomas Alexander Mellon), president, MellonStuart Company.
Residence, 401 North Negley Avenue, Pittsburgh, Pa.
Mellon-Stuart Corporation, president and director
Tri-Cities Water Company, president and director
Kensington Water Company, president and director
Pren-Brook Corporation, president and director
RICHARD K. MELLON (Richard King Mellon), vice president and director, Mellon
National Bank. Residence, 6500 Fifth Avenue, Pittsburgh, Pa.
Westinghouse Air Brake Company, director
Union Trust Company of Pittsburgh, director
Union Savings Bank, director
Aluminum Company of America, director
Koppers Company, director
Forbes National Bank, director
Ligonier Valley Railroad Company, treasurer and director
Carborundum Company, director
Pullman, Inc., director
Mellbank Corporation, president and director
Pan-American Airways, director
Pittsburgh Aviation Industries Corporation, director
Standard Car Securities Company, director
Union Switch and Signal Company, director
Pittsburgh and Lake Erie Railroad, director
W. L. MELLON (William Larimer Mellon), chairman and director, Gulf Oil
Corporation of Pennsylvania. Residence, 5360 Forbes Street, Pittsburgh, Pa.
Eastern Gulf Oil Company, director
South American Gulf Oil Company, director
Venezuela Gulf Oil Company, director
Gulf Pipe Line Company, director
Gulf Pipe Line Company of Oklahoma, director
Gulf Production Company, director
Gulf Refining Company, director
Gulf Refining Company of Louisiana, director
Gypsy Oil Company, chairman of board
Standard Steel Car Company, director
Westinghouse Acceptance Corporation, director
Westinghouse Electric and Manufacturing Company, director
Westinghouse Electric International Company, director
Monongahela Light and Power Company, president
Monongahela Street Railway Company, director
Pittsburgh and Birmingham Traction Company, director
Ligonier Valley Railroad Company, director
Mellon National Bank, director
Union Savings Bank, director
Union Trust Company of Pittsburgh, director
National Union Indemnity Company, director
National Union Fire Insurance Company, director
Philadelphia Company, director
Union Spring and Manufacturing Company, director
Western Gulf Oil Company, director
Pittsburgh Aviation Industries Corporation, director
Osgood-Bradley Car Company, director
Standard Car Finance Corporation, director
Standard Car Securities Company, director
Osgood-Bradley Securities Corporation, director
Union Gulf Corporation, chairman of board and director
Gulf Refining Company of Delaware, chairman of board and director
ALAN M. SCAIFE (Alan Magee Scaife), president and director, William B. Scaife
and Sons Company. Residence, 1047 Shady Avenue, Pittsburgh, Pa.
Standard Steel Car Company, director
Forbes National Bank, director
Mellon National Bank, director
Pullman, Inc., director
Pullman Company, director
Pittsburgh Coal Company, director
ARTHUR V. DAVIS (Arthur Vining Davis), chairman of board and director,
Aluminum Company of America
Aluminum Seal Company, director
Alcoa Ore Company, director
Aluminum Manufactures, Inc., director
Aluminum Goods Manufacturing Company, director
Alcoa Power Company, Ltd., president and director
Bauxite and Northern Railway Company, president and director
Franklin Fluorspar Company, director
Knoxville Power Company, director
Cedar Rapids Transmission Company, Ltd., director
St. Lawrence Shares Corporation, director
Marine Midland Corporation, director
Massena Securities Corporation, director
Niagara Hudson Power Corporation, director
Louisiana Terminal Company, director
Pine Grove Realty Company, director
St. Lawrence River Power Company, president and director
Mellon National Bank, director
Union Trust Company of Pittsburgh, director
Canada Life Assurance Company, director
Mohawk-Hudson Power Company, director
International Power Securities Corporation, director
Pennsylvania Water and Power Company, director
Union Savings Bank of Pittsburgh, director
Bucyrus-Erie Corporation, director
American Brake Shoe and Foundry Company, director
Carolina Aluminum Company, director
ROY A. HUNT (Roy Arthur Hunt), president and director, Aluminum Company of
America. Residence, 4875 Ellsworth Avenue, Pittsburgh, Pa.
Aluminum Goods Manufacturing Company, director
Carnegie Institute of Technology, trustee
Mellon National Bank, director
National Union Fire Insurance Company, director
The Union Savings Bank of Pittsburgh, director
The Union Trust Company of Pittsburgh, director
HENRY C. McELDOWNEY, president and director, The Union Trust Company of
Pittsburgh. Residence, 5574 Northumberland Avenue, Pittsburgh, Pa.
Union Savings Bank of Pittsburgh, president and director
Mellon National Bank, Pittsburgh, director
Bankers Trust Company of New York, director
Chicago and North Western Railway Company, director
Pittsburgh and Lake Erie Railroad Company, director
Pittsburgh, McKeesport and Youghiogheny Railroad, director
Pittsburgh Steel Company, director
National Union Fire Insurance Company, director
National Union Indemnity Company, director
Duquesne Light Company, director
Pittsburgh Railways Company, director
Columbia Gas and Electric Corporation, director
Chicago, St. Paul, Minneapolis and Omaha Railroad, director
General Electric Company, director
Pittsburgh Stock Exchange, member
Union Fidelity Title Insurance Company, director
ALLEN W. McELDOWNEY, vice president, Mellon National Bank. Residence, 5131
Westminster Street, Pittsburgh, Pa.
National Union Fire Insurance Company, treasurer
DAVID A. REED (David Aiken Reed), partner, Reed, Smith, Shaw and McClay.
Residences, 716 Amberson Avenue, Pittsburgh, Pa.; 2272 S Street, N.W.,
Washington, D. C.
Mellon National Bank, director
Union Trust Company of Pittsburgh, director
Union Savings Bank, director
Freehold Real Estate Company, director
J. D. A. MORROW (John D. A. Morrow), president and director, Pittsburgh Coal
Company. Residence, 618 Maple Lane, Shields, Pa.
The Elizabeth Marine Ways Company, president and director
Milwaukee-Western Fuel Company, director
Montour Railroad Company, vice president and director
New Pittsburgh Coal Company (Ohio), president and director
The Pike-Floyd Coal Company, president and director
Pittsburgh Coal Company, Limited., president and director
Pittsburgh Coal Company of Michigan, president and director
Pittsburgh Coal Company, Inc., director
Pittsburgh Coal Company of Ohio, Inc., president and director
Pittsburgh Coal Company of Wisconsin, director
Pittsburgh Coal-Dock and Wharf Company, president and director
Pittsburgh and Castle Shannon Railroad Company, president and director
The Pittsburgh, Lisbon and Western Railroad Company, director
Soo-River Coal-Isle Company, president and director
The Interurban Realty Company, director
The Youngstown and Suburban Railway Company, director
Pittsburgh Coal Carbonization Company, director
HENRY B. RUST (Henry Bedinger Rust), president and director, The Koppers
Company. Residence, 1177 Murrayhill Avenue, Pittsburgh, Pa'.
American Tar Products Company, director
Chicago By-Products Coke Company, director
The Koppers Company, president and director
The Koppers Construction Company, director
Koppers Gas and Coke Company, chairman of board and director
Seaboard By-Products Coke Company, director
Walloon Realty Company, Inc., director
Eastern States Securities Corporation, member executive committee and
director
The Koppers Company (Massachusetts), president, member executive committee
and trustee
Westinghouse Electric and Manufacturing Company, director
Eastern Gas and Fuel Associates, chairman of trustees and trustee
The Koppers Coal Company, director
The Koppers Erecting Corporation, director
J. F. DRAKE (J. Frank Drake), president and director, Gulf Oil Corporation
of Pennsylvania. Residence, 5210 Pembroke Place, Pittsburgh, Pa.
Pullman, Inc., director
Pullman Company, director
Standard Car Securities Company, president and director
Standard Car Finance Corporation, president and director
Osgood Bradley Securities Company, president and director
Pittsburgh Equitable Meter Company, vice president-and director
Gulf Refining Company, chairman of board and director
American Rolling Mill Company, director
Allgemeine Transportmittel Aktiengesellschaft (Germany), director Allgemeine
Europaische Transportmittel Aktiengesellschaft (Switzerland), director
GEORGE HUBBARD CLAPP. Residence, Edgeworth, Pa.
Aluminum Company of America, director
Farmers Deposit National Bank, director
Reliance Life Insurance Company, director
Pittsburgh Testing Laboratory, director
APPENDIX TWO
SUBSIDIARIES OF ALUMINUM COMPANY OF AMERICA
Alton & Southern Railroad
Aluminum Company of Canada, Ltd.
Aluminum Company of Michigan
Aluminum Company of South America
Aluminum Cooking Utensil Company
Alcoa Ore Company
Aluminum Seal Company
American Bauxite Company
American Body Company
Bauxite & Northern Railway Company
Bauxits du Midi
Cedar Rapids Transmission Company, Ltd.
Chute-a-Caron Power Company, Ltd.
Demerara Bauxite Company, Ltd.
Franklin Fluorspar Company
Knoxville Power Company
L'Aluminium d'Amerique
Massena Terminal Railroad Company
Aluminium, Ltd. [ Nominally independent, formerly Northern Aluminum Company.]
Ogdensburg Street Railway Company
Pierson Roeding & Company
Pine Grove Realty Company
Republic Mining & Manufacturing Company
St. Lawrence County Utilities Company
St. Lawrence River Power Company
St. Lawrence Securities Company
St. Lawrence Valley Power Corporation
St. Lawrence Water Company
St. Louis & Ohio River Railroad
Surinaamsche Bauxit Maatschappij
Carolina Aluminum Company
United States Aluminum Company
Ocean Dominion Steamship Corporation
Magnesium Development Corporation
Societa Anonima Italiana Conduttori Alluminio
Aluminium Werke A.-G.
Aluminum Die-Casting Corporation
Aluminum Die-Casting Corporation of Germany,
Aluminum Goods Manufacturing Company
Aluminum Index Company
Aluminum Manufactures, Inc.
Aluminum Screw Machine Products Company
American Magnesium Corporation
Asia Aluminum Company
Birmingham Aluminum Casting Company, Ltd.
Norske Aktieselskab for Elektrokemisk Industri
Fondrie de Precision
Jadranski Bauxit Dioni'co Drus'tvo
Norsk Aluminum Company
Det Norske Nitridaktieselskab
Primorske Bauxit Company
Republic Carson Company
Societa Anonima Mineraria Triestina
Societa dell' Alluminio Italiano
Sprostons, Ltd.
Massena Securities Corporation
Nantahala Power and Light Company
THE KOPPERS COMPANY AND ITS SUBSIDIARIES
Koppers Company of Delaware, holding company for:
Koppers Company (of Pennsylvania)
Koppers Construction Company
Koppers Building, Inc.
Koppers Erecting Corporation
Bartlett Hayward Corporation
Koppers Gas & Coke Company of Canada
Koppers-Rheolaveur Company
By-Product Coke Company of Canada
Koppers Development Corporation
Rainey-Wood Process Corporation
Alan Wood Steel Company
Koppers Gas & Coke Company controls:
Seaboard By-Products Coke Company
Minnesota By-Products Coke Company
Chicago By-Products Coke Company
Koppers-Kokomo Company
Pittsburgh By-Products Coke Company
Walloon Realty Company
Koppers Coal and Transportation Company
Koppers Seaboard Coke Company Fuel Investment Associates (which owns 55 per
cent of the common stock of the Eastern Gas and Fuel Associates)
Eastern Gas and Fuel Associates (20 per cent direct interest)
American Tar Products Company
Koppers Company of Canada
American Tar Products Company controls:
The Wood Preserving Corporation
Century Wood Preserving Company
Ayer & Lord Tie Company
National Lumber & Creosoting Company
Alan Wood Steel Company controls:
Rainey-Wood Coke Company
Upper Merion and Plymouth Railroad Company
Alan Wood Mining Company
Palmyra Quarry Company
Eastern Gas and Fuel Associates controls:
Connecticut Coke Company
Koppers Connecticut Coke Company
Philadelphia Coke Company
Old Colony Gas Company
Doane-Commercial Towing Company
New England Manufacturing Company
Massachusetts Gas Companies, which owns:
Boston Consolidated Gas Company
Koppers Coal and Transportation Company controls:
Black Betsey Consolidated Coal Company
Melcroft Coal Company
Elkhorn Piney Coal Mining Company of West Virginia
Elkhorn Piney Coal Mining Company of Delaware
Houston Coal and Coke Company
Tidewater Coal & Coke Company
King Coal Company
Houston Collieries Company
Houston Collieries Company of Delaware
Koppers Stores, Inc.
J. M. Guffey Company
New England Fuel & Transportation Company, which controls:
Mystic Iron Works
Mystic Steamship Company
New England Coal & Coke Company
New England Coke Company
Castner, Curran & Bullitt, Inc.
C. C. B. Smokeless Coal Company
PITTSBURGH COAL COMPANY'S SUBSIDIARIES
New Pittsburgh Coal Company
Pittsburgh Coal Dock & Wharf Company
Milwaukee-Western Fuel Company
Pittsburgh Coal Company of Wisconsin
Pittsburgh & Castle Shannon Railway Company
Ohio Coal Company
Youghiogheny & Lehigh Coal Company
Pioneer Fuel Company
Jones & Adams Company
Twin City Coal Yards Company
Pittsburgh Coal Dock Company
Pittsburgh Coal Company, Ltd.
Valley Supply Company
Pike-Floyd Coal Company
Pittsburgh Coal Company, of Michigan, of Illinois, of Ohio
Pittsburgh, Lisbon & Western Railway
Youngstown & Suburban Railway
Pittsburgh Coal Company, Inc.
Elizabeth Marine Ways Company
Montour Railroad
Soo River Coal Isle Company
Interurban Realty Company
GULF OIL CORPORATION'S SUBSIDIARIES
Gulf Exploration Company
Gulf Commissary Company
Indiana Oil & Gas Company
Gulf Mineral Company
Western Gulf Oil Company
American International Fuel & Petroleum Company
Gulf Casualty Company
GulF Petroleum Maatschappij van Nederlandsch Indie
Eastern Gulf Oil Company
Gulf Pipe Line Company
Gulf Pipe Line Company of Oklahoma
Gulf Production Company
Gulf Refining Company
Gulf Refining Company of Louisiana
Gypsy Oil Company
Mexican Gulf Oil Company
South American Gulf Oil Company
Venezuela Gulf Oil Company
Nobel-Good-Andre
Union Gulf Corporation
Gulf Pipe Line Company of Pennsylvania
DUKE-PRICE COMPANY OWNS:
Alma & Jonquiere Railway Company
Saguenay Transmission Company
Saguenay Electric Company (majority capital stock)
PHILADELPHIA COMPANY OWNS STOCKS OF
Natural Gas Companies:
Pittsburgh & West Virginia Gas Company
Equitable Gas Company
Kentucky West Virginia Gas Company
Finleyville Oil & Gas Company
Duff City Gas Company
Oil Company:
Philadelphia Oil Company
Manufactured Gas Company:
The Consolidated Gas Company of the City of Pittsburgh
Electric Light & Power Company:
Duquesne Light Company
Street Railway Companies:
* Citizens Traction Company
* Consolidated Traction Company
Pittsburgh Railways Company
The Beaver Valley Traction Company
Pittsburgh & Beaver Street Railway Company
* The Morningside Electric Street Railway Company
* The United Traction Company of Pittsburgh
Miscellaneous:
Equitable Auto Company
Equitable Real Estate Company
Equitable Sales Company
Harwick Coal & Coke Company
* 17th Street Incline Plane Company
Cheswick and Harmar Railroad Company
* Operated by Pittsburgh Railways Company.
NIAGARA HUDSON POWER CORPORATION SUBSIDIARIES
Hudson Valley Fuel Corporation
Union Bag and Paper Power Company
Canadian Niagara Power Company, Ltd.
Niagara junction Railway Company
Tonawanda Power Company
Lockport & Newfane Power & Water Supply Company
Bradford Electric Company
Cortland County Traction Company
St. Lawrence Valley Power Corporation
Antwerp Light and Power Company
Ogdensburg Street Railway Company
Oswego River Power Corporation
Peoples Gas & Electric Company of Oswego
Fulton Light, Heat & Power Company
Fulton Fuel & Light Company
SUBSIDIARIES OF THE UNITED LIGHT & POWER COMPANY
Operating Companies:
Cedar Rapids (Iowa) Gas Company
The Cedar Rapids & Marion City (Iowa) Railway Company
Chattanooga (Tennessee) Gas Company
Clinton, Davenport & Muscatine (Iowa) Railway Company
Fayetteville (Tennessee) Natural Gas Company
Fort Dodge (Iowa) Gas & Electric Company
Iowa City (Iowa) Light & Power Company
La Porte (Indiana) Gas & Electric Company
Mason City and Clear Lake (Iowa) R. R. Company
Moline-Rock Island Manufacturing Company, Moline, Illinois
Ottumwa (Iowa) Gas Company
Peoples Light Company, Davenport, Iowa
Peoples Power Company, Moline, Illinois
Southern Producing Company, Chattanooga, Tennessee
Tri-City Railway Company (Illinois), Rock Island, Illinois
Tri-City Railway Company (Iowa), Davenport, Iowa
The United Light and Power Engineering and Construction Company, Davenport,
Iowa
The United Pipe Line Company, Chattanooga, Tennessee
The United Power Securities Company, Davenport, Iowa
Holding Company:
United Light & Railways Company (Delaware), Chicago, Illinois, controls:
Operating Companies:
Cleveland Gas Company, Cleveland, Tennessee
The United Realty Company, Davenport, Iowa
Riverside Power Manufacturing Company, Davenport, Iowa
Holding Companies:
United American Company, Chicago, Illinois
The United Light and Power Industrials, Inc., Chicago, Illinois
Continental Gas & Electric Corporation, Chicago, Illinois
American Light and Traction Company, Chicago, Illinois
Continental Gas & Electric Corporation controls:
The Columbus Railway, Power and Light Company, Colum-bus, Ohio
The Adams County Power & Light Company
The Peebles Power Company
The River Counties Power Company
The Point Pleasant Water & Light Company
United Ohio Utilities Company
The Southern Ohio Electric Company
The Hillsboro Ice & Coal Company
Iowa-Nebraska Light and Power Company, Lincoln, Nebraska
Maryville Electric Light & Power Company, Maryville, Mis-souri
The Lincoln Traction Company, Lincoln, Nebraska
Kansas City Power and Light Company, Kansas City, Missouri
Peoples Gas & Electric Company, Mason City, Iowa
Southwest Cities Investment Company, Kansas City, Missouri
Panhandle Power & Light Company, Borger, Texas
Cimarron Utilities Company, Guymon, Oklahoma
Canadian Construction Company, Kansas City, Missouri
Utilities Building Corporation, Kansas City, Missouri
Power & Light Securities Company, Kansas City, Missouri
American Light & Traction Company controls:
Detroit City Gas Company, Detroit, Michigan
River Rouge Company, Detroit, Michigan
Grand Rapids Gas Light Company, Grand Rapids, Michigan
Kent County Gas Company, Grand Rapids, Michigan
Lakeshore Gas Company, Milwaukee, Wisconsin
Madison Gas & Electric Company, Madison, Wisconsin
Milwaukee Gas Light Company, Milwaukee, Wisconsin
Milwaukee Coke & Gas Company, Milwaukee, Wisconsin
Consolidated Building Company, Milwaukee, Wisconsin
Muskegon Gas Company, Muskegon, Michigan
San Antonio Public Service Company, San Antonio, Texas
South Texas Ice Company, San Antonio, Texas
American Coal Company, San Antonio, Texas
Washtenaw Gas Company, Ann Arbor, Michigan
Wauwatosa Gas Company, Wauwatosa, Wisconsin
West Allis Gas Company, West Allis, Wisconsin
Wisconsin Eastern Gas Company, Milwaukee, Wisconsin
Northern Natural Gas (35%)
UNITED STATES ELECTRIC POWER CORPORATION
Owns more than 70% interest in common stock of:
Standard Power & Light Corporation which owns majority of com-mon
stock:
Standard Gas & Electric Company
United States Electric Power Corporation and H. M. Byllesby and
Company control:
Standard Power and Light Corporation
Standard Gas and Electric Company
and minor investments in other public utilities companies
pps. 371-397
There are another thirty plus pages more of apendices.
--[fini]--
Aloha, He'Ping,
Om, Shalom, Salaam.
Em Hotep, Peace Be,
Omnia Bona Bonis,
All My Relations.
Adieu, Adios, Aloha.
Amen.
Roads End
Kris
K
DECLARATION & DISCLAIMER
==========
CTRL is a discussion and informational exchange list. Proselyzting propagandic
screeds are not allowed. Substance—not soapboxing! These are sordid matters
and 'conspiracy theory', with its many half-truths, misdirections and outright
frauds is used politically by different groups with major and minor effects
spread throughout the spectrum of time and thought. That being said, CTRL
gives no endorsement to the validity of posts, and always suggests to readers;
be wary of what you read. CTRL gives no credeence to Holocaust denial and
nazi's need not apply.
Let us please be civil and as always, Caveat Lector.
========================================================================
Archives Available at:
http://home.ease.lsoft.com/archives/CTRL.html
http:[EMAIL PROTECTED]/
========================================================================
To subscribe to Conspiracy Theory Research List[CTRL] send email:
SUBSCRIBE CTRL [to:] [EMAIL PROTECTED]
To UNsubscribe to Conspiracy Theory Research List[CTRL] send email:
SIGNOFF CTRL [to:] [EMAIL PROTECTED]
Om
