The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-04-11
THE CINCINNATI MEETING.
Concessions Made TO Distributors
Ex-DircctOrs Not Inclined to Talk


Ex-Directors Not Inclined to Talk.
CINCINNATI. April 10.-Thes story of the
resignation of directors Freiberg and Green
from the Whisky Trust directory was re-
ceived here with incredulity bordering on
Indignation in whisky circles. Those who
were in attendance at the meeting of Re-
ceiver McNulta and the distributors were
pronounced in their opinion that there was
no reason for the designations and that
there could be none. Mr. Green, when
asked, at first attempted to evade an an
swer, then wanted to know what differ
ence it made to the newspapers whether
anybody had resigned or not and ended
by refusing to affirm deny the fact Mr..
W. N. Hobart, not knowing that President
Greenhut had announced the designations,
very systematically referred questioners to
the highest authority, saying that he re-
garded 1t improper for him to make
public a matter that should only be pub
lished by President Greenhut and adding
authority ought not to be questioned. He
readily stated, however, that he would not
deny that the designations had been for
warded. Being asked what motive led
to the designations he said that in the cir
-cular. issued to stockholders Dec. IA asking
for their opinion. and advice. in regard to
a reorgapization it was clesrly stated that
in any form of reorganization which rcieht
be agreed upon the directors pledged them
selves to leave the stockholders without
any embarrassment in carrying out the
plan. The keeping Of that pledge. Mr., Ho-
resignation of the directors should be at
the disposal of the, Stockholders. This
statement he regarded as sufficient ex-
General John McNulta was seen before
he left for. Chicago tonight, He met the
Not AN interview" Being assured that It
was not in the offensive sense he replied
to brief questioning that all the confer
ences to-day were satisfactory to all par
ties He could give no details. He gave
g. reason an an o.eer - OF th the re n1.ed
tions of directors here to-day were in line
with the reorganization, he replied: II am
know about reorganization" All day the
General. while perfectly courteous to the
has mr efase Of t2
ganization committee, who returned to Chi
cago with General McNulta. said every. re-
suit of the conference here to-day was har
moniously in line with the scheme for re-
organization.
In addition to what General McNulta saids
it has been learned from outside sources,
quite trustworthy, that the conference with
the Western Distributors Association re-
suited in acceding to all that they request
ed at the conference here about month
ago. 1t seems that whisky in small guam
titles was sold at the same favorable terms
to distributors as when taken in carload
lots. The Cincinnati distributors have all
along been protesting to the receiver by
wishes on this point ere conceded by the
receiver to-day according to the best in
formation obtainable. Another matter of
complaint on the part of the Cincinnati dis
tributors was that they We're not allowed
the benefit of the difference in transporta-
ton of proof and high proof spirits be-
tween Peoria and Cincinnati. This differ
ence amounts to about a half cent per
gallon. Inasmuch as many, indeed most of
the distributors in the Cincinnati district,
are distillers, this is very important mat
ter to Them 1t is believed that in many
other respects the distributors of this dis
trict have been appeased by terms granted
them by the receiver. At all events, the
distributors have ceased to complain and
seem satisfied.
A most important action the post
ponement of the Chicago meeting Of the
Supirit Distilling Association from April u.
the day set for that meeting. till an in
definite time. or. in other words. subject to
the call of General McNulta. There was
cogent reason for this postponement. The
reason is that the independent distillers are
not satisfied with the terms the organiZa-
ton committee have made with the Ameri-
can Distributors Association--that is. with
the Eastern distributors This involves
new, though, 1t is believed, not a dangerous
complication 1t means that attempt win
be made to revise these terms with the
American Distributing Association. and
thus concliate all the elements and smooth
the way for a reorganization that will take
in every eligible class of spirit producers
and distributors. There was meeting of
the independent distillers here but they were
evidently heard from by proxy. by mail or
by wire. There appears to have been an
earnest effort to conciliate them.