In One Human Palm !
■ --- - • .■■■■■ An estimate, mide a few months I ago, of the various properties under I the control of Mr Pierpont Morgan I is given in the “World’s Work,”! and contains some remarkable j figures It states that he controls! 55,570 miles of American railways, ! or more than the total combined I mileage of the railways of Great! Britain and Ireland and Germany*! these lines having a capitalisation of I over £600,500,000, which is morel than three times the national debt of the United States. In addition, Mr Morgan’s influence is powerful in almost all the other railway systems of the country. He dominates eighteen railroad systems, one great Atlantic steamship company, thirteen industrial combinations, seven banks, three telegraph and cable companies, seven great insurance companies, and innumerable smaller corporations of various kinds.
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Manawatu Herald, 16 July 1903, Page 3
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135In One Human Palm ! Manawatu Herald, 16 July 1903, Page 3
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