The sun., 1888-02-25
AZ MILLIONS IN THIS ONE.
THE SEVEN sENA ToRs SIT ON THE COT
ToHsEhD ont TRUsE

Mr.. Rect Pretests that ~ is Nsne Of their
Business-Trustee Scott Mentisrs Carpet |
bsssers. a.s Evsses -Four Republics.
scswis-Jshu ID. Rockefeller 10 Testify.
The seven Senators who are here invest- |
rating trusts busted themselves mostly yester- |
day with the Cottonseed OIL Trust Elihu Root,
Granville p. Hawes. and William Nelson Crom-
we'll were on hand as counsel for tho cotton |
sesd oil people. Col Bliss called John Scott as
the first Witness and Mr.. Root rose at once to
say that the trust was formed In Arkansas,
that no corporations interested are engaged in
manufacture in this State. that cottonseed oil
ia not an article Of general consumption or
necessity and that the trust Is, In short, no
concern Of tho New York Legislature.
We'll 60 ahead" said Chairman Arnold.
Mr.. Scott who lives on Staten Island. testi-
fed that he was a trustee Of the Cottonseed
on Trust at As Broadway. The organization
was created in the fall Of 1884, seventy or eighty
individual corporations. mostly In the South,
surrsndering their stock and taking trust
certificates in return. There were All 900 GER
tiAcstes of the par value OF $41,700000. and
these we're ut present being dealt in In the open
market. The trust certificates were for good
deal more than tho old stock. Last season
$4,000 tons OF oil were made.
THE REPUBLICAN BREASTS AarTATED.
The witness said that the cotton seed was
thrown away before the war. He spoke in q
loud voice. the loudness OF which increased as
hs grew Interested In his theme.
After the war" he shouted, when the car
pet.baggers became finally eliminated or as
simulated and We got q chance to 90 on"
The faces OF the Republican Senators turned
Look here. what question are you answer
ing" said Senator Coggeshall. In solemn
"Wno are you making this Grafton at" said
Senator OConnor, with scowl
10 he S
clared Senator Walker, ~ very Y positively Id .
confne his answers to the questions asked
COM cemmotion otto a he had produced in the breasts Of
the Senators. and he spoke thereafter in mono
syllables as much as he could.
WHO THE corToNsEED OIL BOSSES ARE.
He told Col. Bliss that he had heard that the
cot s@Sttonseed oil was put lArgely iPt9 g hogs lard;
john S 'fssasss seoss New 9eFk 81
New Brqnsyick, Mi ?. Anderson @ : Of Gin Gin
Randall Ssaa Of New Orleans Ms FarSanR was
big hogs, lard man, who had lust been taken IN;
~ Ihs g. st0fk SSdsna 81 had
elared and SURPLUS put aside. The witness
declined to say what the surplus was.
know
s sgs
s.isn Into The Cotton seed 9i Tru:!, .iter Z: had
o. up
"oh. now. Col. Blissl" exclaimed Mr.. Root. In
's NJ. Scott % t declined to say whether he knew Of
this arrangement with the Armours or not
o.was there any agreement to Mr. Arrnour's lards
PHIL Alxouss TERMS.
TO-; s:s: " ~ q II: Il:
q s.: :':s :s s
II, Col Bliss said that no only wanted to know
witness lslt 6is ehslr, TO tsik Eith Nj. Root
aod SSqs s1Ssi%sd1 sisMsd1 As ne ''a 30 Ar
IS:
.s: s T.: ss;: s.sy Al
simply as 70 the price which IT, xrnours
satisfied With this snd sat down, As he aid 20
Con, Pryor shot mp like rocket and pointed
as RsS m
the .,sSI4 ssSNa4minine thus far. Col Bliss looked
SPardon me-" said the General. but. Mr..
Scott, don't leave the stand want to know
81 about ths Tts the
But Mr.. Scott did not give Gen, Pryor the do
tIonine with great skill. The General called
monopoly.
SENATOR IVES INCREDULoUs.
To Col, Bliss again Mr.. Scott admitted thai
closed close their mills. and that be, supposed this
About round dozen had been closed
Senator Ives (suddeplyAro you positive that thsre
wasn't anything IN the Armour agreemsnt except )
.spalatioi as to the price Of onf Al think there
S1bon,s You know that Y. fae, thu. Mr. Armour
sisSS. sps sS.t you insiiy came down to his dsul'
ss:s S essy: .
sinn.a Iaon's shint can sssiI dividend p per
have been passed and tho profits have been allowed to
Loaisisns has ssid that Trust WAS illegal
0:,Do you know that thi. officer has declared that
nsVs 'Sed S xorh an e
hi ss H.'' q 's:s since tho
he pes the o
6.-Apd how about the production, A.-Th.t ha. do
% ao ySs % 70 s
ne p5is. II eooG seed has sreI.sd thai me prls:
So s rs asasFa ssn ns sent on stock
were Tor more than twice the value of the
old corporation stock. From Chrislmas 1885,
to Septsmber. 1887, the price OF the stock fell
from 65 to 23a.
Senator Arnold-Do you know whether not tho oor
pOrstions In Trustb waered their stock for the
purpose OF disposng OF 1t in the market! Al don't
know this
HUNTING FOR THE RoCKEFELLERs WITH SUB
PRNAs
L. A. Newcombe testified that he received on
Thursday subpgnss 70 attend the sessions Of
the committee for William and John y. Rocke:
feler aud for ]. d. Archbold Of the Standard
OIL Company. Ho was told at John D. Rocke-
feler's ofice that that gentleman was not In,
but hs ascertained that Mr.. Rockefeller was In
Mr. Rockefell Her sent out word At his house to
Mr.. Newcombe on Thursday evening that he
did not wish to be served with the subpoena
Tho witness had been told that Mr.. William
Rockefeller had gone to Florida Mr. J. D.
4. o. Moss. Treasurer OF the OIL Trust. said
that the different corporations were constantly
making remittanoes to him. He declined To
answer several questions about his duties.
THE MILK COMBINE.
Then thero was little more Milk Exchange
Investigation.
Pierson Sanford. President Of the Exchange
a a l.