History
Viewed today as one of many imitators of the Standard Oil Company, the Linseed Oil Trust's peers included the Cotton Oil Trust, Lead Smeltering Trust and the Whiskey Trust. At a peak in 1898 the Trust held $6,000,000 in assets over liabilities. An early report by one of the founders stated that the Trust was initially founded for the social benefit of the members.
Read more about this topic: National Linseed Oil Trust
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