, 1888-12-12
The Sugar. Trust.
IN. Y. Herald, 5 N0c.)

combination, Wllcn' as inc htldlu Sho"ON
on Friday last, has already, i'll the first
wear Of It's existence, taxed the people OF
the United States over $50, 0 o 900 more
for refined sugar than they had to pay be
fore the disqualification Of this gigantic food
monopoly.
Whatever the result Of the present test
suit instituted by the Attorney General
against the North River Sugar Refining
Company may be, a second suit Will be
Immediately pressed against the eleven
millionaire members OF the sugar trust,
individually, charging them with violation
of law in having assumed the powers and
functions of a legalized corporation. Gen
eral Roger A. Pryor will conduct this fight
also. and it is understood that he feels Ell
tirely confident of successfully breaking
up The gigantic combine.
And now comes the bad news for the
sugar monopoIiSts that those inquisitive
gentlemen who gave them so much trouble
last summertime Senate Investigating
Committeeman coming back to renew
their prying attacks.
The State Senate special committee, of
which Senator Arnold is chairman. are to
visit this CITY again on December ,, anC
will renew their inquiries into the trust
eyil-the sugar tIust among the others.
And AS the investigators have become
pretty well posted by their past experience
in the dark AMI crooked ways OF these
commercial conspirarieS, they Will be like
is to work to some profit.
Apropos of the North River sugar Re.
hning Company, which is on trial III the
present suit pending before III &c Barrett,
there is a curious story under The S%urtac',
and it is absolutely true.
1t was uo'iGelble to eve ybOdy IN court
~ - AA., i IL
the former srcIe ary of the North River
Refining Company and the largest owner
Of its stock. was put ON the witness stand
hv General Pryor, that the lawyer seemed
10 be somewhat aftaid Of rs oWu witness
and aware of what tie nttUre Of his te'-
,jmolv was TO be. The lawyer was very
cautious in questioning him, and General
Pryor seemed rs much surprised as any
body when, in the cross examination ny
Mr.. Parsons for the delclc', the sharp am
swprS Of the big sugar retiper showed Il
decided animoSity to the sugar trust, AZ
though he had sold ont his refinery to the
truSt and became a member of the comht-
nation. 50 marked was Mr.. MoIltrS hos
tilitv that the most damaging testimony
to the sugar trust WAS brought ont not py
General Pyy0r. the counsel for the prose
cution, but by Nh. Parsons, the lawyer for
the defence.
Here - the explanation Of Mr.. MoIlerS
untrirudlineSS 10 the ~lGar rust
The North River refinery WAS one OF the
oldest in the city. Il was not so large aS
two Or three of the newer oneS-haVIng a
capacity Of but min. alu tired blrrrlN u
day, while the HavermeyeIS y Elder can
turnou two thousand oarrtlS-ou II W Is a
prosperous concern. lis clpijal stock was
83JO.O,O, and George II. Mpller, Who
managed its business All WIS secretary
of rhe company, was the largest single
holder Of sh res. 1t was n SORT OF family
affair, like mp~I of The other retinrrIeS,
various members Of the Moller tanIIT
own ing all the stock.
MIR. Mollpr conducted the negotiations
with the sugar trust in October OF last
wear. when the formation of the trust was
begun, for the purpose of going INTO the
combination with the others. The trust
offered to take the $50, 900 of stock OF the
North River company and issue in its stead
$1,000 900 worth Of trust certificates.
Mr.. Moller was content with that, OBJ
tanned the formal consent of the other
stockholders TO sign the deed of transfer,
and arrangements were made to surren,
der all their stock.
But 10 and behold! just as the deal was
about to be carried out, Mr.. Moller, who is.
All old fashioned, practical, honest sugar