New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-02-26
BUSY WITH NEW TRUSTS.
THE SENATE COMMITTEE REBUFFGD.

AwIrNEss THREATENED WITH " CONSEQUENCES -
Mr.. ROCKEFELLER TO APPEAR ro-M'RSo"'
II was so dark In the rooms Of the supreme
Court Building when the Senators opcheo '',,'
laws Investigation yesterday that IL WIS WIN
difficulty that they could Sec even 10 reau ,"o
NEWSPAPERS Senator Ives was absent ouiins
the carly part Of the morning at the iuheiai Va
a friend. Senator Walker had been cNcuseu Vnc
dav before so that only ne members OF the
"s wore prcsent John ID. Rockefeller
u,as tho first witness called, but he did not re-
sno,a N his name Colonel Bliss next called
n Archbold. also Of the Standard Oil Com
many but he was not on hand
OH WAS dropped for the time being ana the
committee began with envelopes, and the Stand
ard Envelope Trust was taken up. Mr.. Root'
counsel for the Rockeiellers said that he under
stood that they were anxious TO have the lnvcs-
tigation 20 on.
The life Of an envelope trust man seems not
TO have been so easy as that Of sugar KING or
oil trust stakeholder, for the envelope men were
old and gray haired, while the other trust men
arc nearly all middlcaeed and their hair Is but
slightly touched with silver threads.
John .. Preble, trustee OF the
Standard Envelope Company, whitchaired man
WAS the first witness TO testify on this matter
The company, of which he is prominent nSn-
Der, is Incorporated under the laws OF Mass'Gh i,o
sets, and the majority OF the stockholders Nv
insNew-England. This corporation was lorineu vi
about the principle as the other trnso Son, W.
NAMES by a surrender Of stock 10 poaru y,
trustees the members of which had entire cohtroi
Of the affairs Of the company
Colonel BLISS SOMEWHAT SURPRISED.
There are nine companies in the combination
that arc directly interested, and there arc iour
or five more that have somewhat ndirec' III
tercst This combination manufactures between
100 TO l4O million commercial envelopes mohth,
| "A
thousand of this amount is paid INTO the treasury
of the company. 1t appeared strange TO Ool0hci
Bliss that a corporation dong business on such !,
small capital should handle 80 much money, ana
the witness did not seem at all anxious 10 ell
tighten him. - ,a
This company is not New York concern, and
don't see what business it is to the people OF this
State" exclaimed the witness TESTIFY, IN toll nc
all you know or take the consequences
The witness did not want TO taRe inc cohsI-
auences and he answered the questions, although
with considerable hesitancy lie SAID tllat tncy
had agreements with a manufactures Of improved
cnVelope-maliing machinery to sell TO no other ntn
but theirs From him one machine was IaEc> q
month, and if the machine was not taken Il iofici'
of SIS paid.
the freight, volunteered the information tiat the
Government really controlled the prlcc OF en-
welcomes, and that IL impossible TO controi thc
envelope making industry. Before the next trust
came dp, Mr.. Rockefeller appeared before the com
mittee and requested that his examination DC
postponed until tomorrow. This was granted
OTHER TRUSTS TO re INVESTIGATED
Colonel Bliss then asked If the investigations OF
the committee would be continued
Pryor. have number OF trusts that propose
" investigate equal Importance to any yet brought
before the committee.
Chairman Arnod-The committee is not foolish enough
70 suppose week. two weeks month"; 1t con
exhaust the subject OF trusts. What VIC intend to DO
however comply with the request OF the Senate and
obtain as IN the time allowed, some general
idea Of the methods Of these trusts
Storage warehouses ana grain elevators were
next examined, and Franklin Woodruff, Of tho
Empire Storage Company, gave testimony regard
ing IT, Edwin q. Bartlett is president of this
company, which now virtually controls the grain
elcvatng and storage of Brooklyn. The company
rents the warehouses and elevators from their
owners the latter receiving shares in the company,
and does the elcvating and storing for all the
grain that goes TO Brooklyn.
The deposition OF clerk in the employ OF the
Table and Stair Oil Cloth concern was taken
which ended the examination for the day. 1t
will probably take all day tomorrow TO get
through with Mr. Rockefeller and MIR. Archbold.