The sun., 1897-02-14

Q,gJust- prior to the consolidation of thess
s09nr hsS ron. Ss Down ans tsers wa! dsn
ence Of only 87-100 Of cent had II not2 A.
..asn, SSs i. oq' pretty darn
DIDO you remember that after you sold out
your sugar refining company the prlcc OF sugar
LAWSON n. FULLER. UNIVERSAL EXPERT.
"step aside" esid tn. boss hunter sevsrely.
Lawson n. Fuller. will yon- take the stand p
There was s air a St iss The fee, "Sosi es ,bs bse
Mr. Lexow wanted TO testify very much. Being
Chairman OF tue committee. of course he
d and testify. but BY calling Mr.. Fuller and max
Ing an expert out OF him; he could get In the
isstimony that he wanted. Mr. Fuller was In
In answer TO the question. Have you ever
Ss S. and .. e2 ~sh he
,s2GWbhssss w sszs Ss' .sf .A'-B'tresn the years
U.--Hsye you kept yourself informed on sugar
sincc3 A.-Fairly SO. fairly so.
Q.-On the value Of sugar property? A.-Yes.
Q.-what was the value Of the sugar property
included in the Sugar Trust3 A.-Idon't know.
Odd you know the value Of any one of the
propertiesf A:-Approximstsly. zee. approIi,
%stsy but pretty ns,a % bss .s in' in ,h. Sss o.
ness since 1873.
Chairman Ls1ow passed H. over that remark
perIand such remarks tended TO spoil the delu-
sion that he was preparing for hin,.elt
Ter & Son and the North River Sugar Refining
Company Al couldn't state the approIi-
-o.-Whst was the value of tn. Hsyemeyer
Sugar Refining Company Al wouidnt ike
s'aie Son Know ,he vaiS. Of Tic sugar re-
hneriee OF Havemeyer a. Eiderr A.-some Of It,
..Q:-,what partY A.-Thc North River Sugar
q. Do YOU know tho value Of any other prop
perty that went Into the sugar Trustn Al
knew the value OF the Brooklyn sugar kehninz
.Q...wkat was It's value in 1887 A.-oh. 1
don't know. was taking about 1874.
Q.-Do ynn know the value OF tho tho Mat
thies.en a weichers Sugar Refining Company ?
o.-What year did you know it in, A.-oh.
around 80 or 20.
.Q.-Mas its value added to after 1877 A.
don't know.
LENow MAKES A SPEAKING TUBE OF HIN.
Then MIR. Fuller said that he had made an
estimate OF all the propertiesi IN 1887 when the
sugar Trust wa" formed. That estimate WAS WAS
sixteen years before The committee dld not
AK him fos fort, u, but Chairman Lekow began Z"
us estimated according to the output or
capacity. is IL not I"
"Generaly." said Mr.. Fuller. and Its loca-
the property in New York" said the boss
hunter. is more valuable than IL Is In New
Jersey or Brooklyn. is II notY'
T." II Is" sald Mr.. Fuller.
Now. Willett ~ Gray are the standard su.
thority on sugar values. are they not" testified
We'll. il would look So" admitted Mr.. Fuller.
" Nnw, look at this lape- which 1 give you"
said Mr.. Lexow. land look at the column or
fsart. giving the price Of sugar nine years pre-.
the sugar Trust You will see that the deduc-
tiun Ia draw from those figures that tho charge
OF the renner Il smaller In the nine years sue
trust. don't YOU !"
"u-It-scems to be- - said Mr. Fuller appar-
en,iy not understanding anythinc about IL
Now" raid Chairman Lexow. will you
oblige Us by taking the nvc years before and
or not the profits ot the reiners were not larger
look ed and finally said !. Y-y-y-yes"
Now" said Chairman LeYow YOU add up
the i've years preceding the formation of the
mattriai al was Vas ii i've and and nil nins hundred and
eighteen thousandths OF one cent. wssn't Z"
'Y-e. sir - said Mr. Fuller vaguely
And tUe price " refined sugar was e7e2
cents wasn't IL \" asked Mr.. Lexow.
Yves" said Mr.. Euller,
tween The raw mater iai and the renned article
Lrx,iw.' -. 60 '''"'
Yves, sir" said Mr. Fuller
"Snd the i've years after the formation of
s@Ss,. III and ihs pr'Ss ' q IL. manu-. DS-
Yes. Though tnrre was "A difference an in
ersa.s IN NE charge for me nys years after the
Hr. % Fnlsr M nai been BEEN CONSTANTLY sinking down,
nfN.sl ~
a. I'm. but now ~ he sirsrftrnad rtsp up " and ,aid
trisky: well, of cour,r that goes without
saying" TO-
Yes snil Chairman Lexow "ot course
And that was In spill. uf IN. Inct that Nh, raw
mat cFiai had dtopiied rs cents, wasn't itY'
Sir. EuIIvr said: '"Of course IL goes without
sayInr. /" again.
'Ndw 80 ,aId Chairman Lexow grnpdlv s.e-
Ing chat he hnl made hi. pnint - is IL not true
that this inerrasc placed Upon the product Gy
the rrTnrr. Las crst The e"n,um.rs annually
onward nf 81 .O0. 900 -
I-I-I-i ,houId ip,ly. q, x,.- ,.Id NJ
Fuller 'N '
And In view nf these figures" sail Chair.
man IrS0w, the statement Thai they mad, ON
the s,a,d hArs that the cun,oiidaii1n Of the
varipu, ,nt-resia mo ont has caused a cheap.n-
ing ot lie product put before the consumer. is
not trut, (, itY'
'iu.n't think u was" said Mr.. Fuiier.
"t was absolutely fnl,. wasn't n ~ snid
Chairman I.rxow, snvnv,iy.
Yes. sir" saii Mr. Fuller
Now" exclaimed Chairman Lexpw tri-
umphnntIy. now lake the who,e nIne years
su .Quent to thr fnrmaIion of the tru,t and
IN. trust n,,J xo, And I'M, H., 'n - ye,n,. r.
material hn. drnpprd within this time within a
fraction or Iess tLan one cent pcr pound The
cost or refining rom p,itel IN tiG wholc nins
years subs.onent WAS actually raised lIos