The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-02-07
I,iEITING The TRUSTS
I. L.,ov Committee In
- York Continued
[..,vp AND ARBucxLE AGAIN
| \. !. l.,ere.t. of the sugar
a.. : coupany and the Ar
49,. r.king Testimony

-. reoruary s.-Beiore thso iesasl
IofA .as0smIttee on trusts ad!ou, ,hs
,'anl, o s,-nan Lexow announced .ha'
rar Cnan nart Of John h. Searies. ST.
b % ne i Of the American su-
md ueAs ",nnany, 10 appcaS BEFORE
Rtiinlu s, today would BRING upon n la u,
Sn n,,sr for contempt as Tue ia ~
n, ~ New York prescrioes., ~ a.
snls ", on hand today EDWARD
~ va Nv sra John Parsons. attorneys
ksepnda ~ rnany. explained that the
W. = appear before the con.iai, ,,.', .
~ y IN Mr.. Searles Just as ne was wa,
xn W. V city He was today IN WASH ~,
We s sm,ld meet tho committee on
~ ,hat day MIR. Shepherd SAID
~. W ro,id be either in this city or
s.ny as would best SUIT ,he con =
~ The committee. and supihi. ~ y.
lss !, 'irquisition. Chairman LeNo W
Pn - committee would decide In
sn .uv what would be done in
kwnises- 49,, called to the
ss,lr. He said 1t was not true. as
y PRESIDENT Havemeyer, that the
" sugar Refining company did not
~ torce him out Of the coffee
sa I" M engaged in the refining OF
!. !, M profit in the coffee business
.ox :" Mr.. Arbuckle said. and ne
!. ~ explain that the profits from
\. 1scs was only ga Of u cent u
I, 1885 A little less than $40 OF a
"a ia 1898 little less than CIV OF
\ vr pound.
IN Jarvis, the business partner or
i,suckle, was recalled, and In the
N hls testimony said that coiiee had
ma IN the market within the last
m He said there was no profit In
m business nowadays and read sta
4 70 that effect.
4 vs. in contradiction OF the state
, made yesterday by Mr.. Havemeyer.
t,tad that the coffee business was a
Ius nd profitable field of mercantile
NJ. In reply to Senator Lexow, wit
tsiiied that the firm OF Arbuckle &
'-I William +. McLaughIa of Chi
uutrol the coifee packing trade In
t,lted States, and that the liavemeyers
n The bulk Of the sugar trade to tho
utsnt. Witness said there was sew
rsdes Of coffee, ranging in prices from
Is to 30 cents pound, the latter
Ming paid for Pava and Mocha.
ht was the purchase price of coffee
be American Sugar Refining COM
nut into the coffee business through
INlson Spice company"
hould say the market price for Rio
Sl 10 cents pound and sold at Is
pound to the middle men"
~! price DO you sell 1t at now7'
W: cents per pound,
M I prifit accrue?"
an no, prepared 10 say Just now"
hd The woOlson Spice company sold at
iu pouud?"
h. SIR"
b you, u 4 manufacturer. consider It
70 inih from the Consumers enor-
! prolitl to be distributed among the
ton iad stockholders in the charge
lfsssibe prices?'
witness tried to evade the question
We spectators gave noisy evidence OF
diappfrl.
aiof Le1m pounded the GAsk with
a'a md ordered that no display Of
nns WI the public stand such a
0Iol Think" asked Senator Lexow.
nld the 50 per cent dividend
*.nted per cent dividend on the
ule o. the stock He said his
~ Aa sSOOo for a single share OF
WA Spice company's stock.
sihc that they are putting IN a
Wy ~ less prhc thar you for the
driving you out of the mar
1,t our coffee is better .<han theirs
: Hinesi replied.
uanitlee then took n recess To
ne case OF Mr.. Searles of tho
NJ sugar Refining company who
a'e oeen present today After rc-
man Lexow announced that Mr.
sSala pc given until ~ a. m. Mon
-'u 'ae subpoena OF the commit
M n, o. Havemeyer was then re-
., ~ 'ald that the four refinerics In
sa MINI which y. were absorbed In 1894
e.llued In operation.
Va a.ay men had you In your en-
ntion!" '' a. the time OF the
Y. u.aole to tell YOU"
a,usI , ~, 1900 on the East sidc?"
n. 1 S.. true that 1000 men were =,
nsn employed" "'' nave mat
nply 10 ano,bs.