The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-02-18
INVESTIGATION OF TRUSTS.
The Rubber and Soda IntersstS Get a
Turning Down.

NEW YORK, Feb. 1.-THE trust In
veJtigatIon was resumed to-day. This
time It was the rubber trust The pur-
chase of the Colchester factory was gone
into. and n statement made by Mr.. Flint
and Robert b. Evans. to the New York
stock exchange as TO the purchase, was
read by Senator I.exow.
II think that statement ig correct.
said Mr.. Flint, who contended that the
bankers acted simply as venders, the
vendees purchasing OF the recommenda-
ton OF their committee.
state what element ofvalue there was
to the United States Rubber Company,
In u factory which was already closed or
was to be closed on acquisition"
THE consideration OF the value OF the
property Is one on which only an expert
can pass" replied Mr.. Flint.
Mr.. Flint enphatically denied that
the presidents Of the various companies
have q place IN the directory Oe the
United States Rubber Company.
Witness claimed that the United States
Rubber Company IL an independent or
ganizatloN. whose governing board Is not
drawn from sub-companieS and has no
connection with them.
Speaking af trade marks" Mr., Flint
said Tint the consumer relied for quality
and durability on the trust mark. :"
which has stood the test OF guarantee for
fifty years
To-day" he continued, 'the American
wage-earner Is enabled to sustain his
rate Of wages by the existence OF superior
organizations Of manufacturers. l
think the only way In which wages can
be kept up IS by the Capitalization OF
manufacture and the economy which re-
suits from superior organization In con-
nectIon with lab0r-Saving machinery.
"By meanS OF GENERALIZATION the Amer
Ican wREe-eArner can compete with
cheap labor countries like China and
Asked how 1t was that the United
States Rubber Company almost doubled
the price Of rubber shoes since 1889, wit
ness said he was unable to explain and
claimed that the company he represents
ed turned out the best shoe IN the coun-
In order to give Mr.. Flint an opportu-
nifty 10 provide the books and data re-
aulred Senator LeXow, ne was excused
until tomorrow morning
William !. Walker, treasurer or the
Soda syndicate which was Incorporated
July 1, 1896, with q capital stock Of W.
ono 900 was next examined. This WIZ
ness said that that business had been
limited principally to the states Of New
York and New Jersey, but that business
In tIle soda trade had been conducted in
every state II. '!,e iEoiIsru on. tbera In
How manS l y, ssoSS '.SS nSlIs5
your concern NJ MsS "a csr' ~ t,a corno-
sN; VINO "'e t''s >''''Ns' .
IF the 1ooosr aolu 5ne y, gI ~ caHts l. ~ Il
cents poulu 500 ds,r,,o tS, iobs
not true that SoS SNor SO"'N Ns" '"S
Der OF ms EeU1F'
1T s' ,,t,aouh,r5.d tbo Wit.
Assemolyinens SIeuS ,Sa tnhScrS H SrrSement
ness q COPY VI IA .n /, Dos Ida5tISSd mn
LOT Netl !I ~ ~ ToguIar factors agree.
a copy OF the Febu'A' '"e'N'
ment. -, 49,. 20 ,,,o iobbors did mot
,.N,' ~ smo"e eS tho & reEnlnr rebate allowed,
deprived oL ttlS U,5 tSat INC rsbata wns n
the wlthess satu ilV I.'.,., .'s1. tin,S
nuisance 10 'he ,,,,I ~. I,,to ,,,ol,Ir1 tha
Were YOU Goe'VeU nv
agreements ,,,,,w
Yes slr' PreV''S"'''
by WhoH! .!!,,,,.,,o ,roceru, nssoc,o.
'By the "n0'e'N'e s''
ton. 40 o,,oo nj. comnopv
Asked US 70 uls a,,,, n'ev ~ SNr"rrss
paid the soua Cot'paH.iS' pHS ,,t,rSss s"IS /.
for bl-cnrpoThIe VI .., suuu' ,.n,,I5 49,
Even II Goulu lL Nii'NJ, ~ w Sa,,,t
good couhsel Dt.VIs s,,t1 Gvh ,,,a,,I ~, ~
think the connlttee hnOtu He..,"" Nv -, 81
answer, as we naVe st SoI,pSst'IHIs H,. ~ NJ nv
ma1liet anu u sun ~ p.VuSs 80, ~ VS.