Edward Douglass White, United States v. American Tobacco Company…
“ The warfare produced its natural result, not only because the company acquired during the last two years of the campaign, as we have stated, control of important plug tobacco concerns, but others engaged in that industry came to terms. We say this because in 1898, in connection with several leading plug manufacturers, the American Tobacco Company organized a New Jersey corporation styled the Continental Tobacco Company, for 'trading and manufacturing,' with a capital of $75,000,000, afterwards increased to $100,000,000. ”
