New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-02-19

answers were given in more anmasea onf He as.
ser,ed that the deed help the Of
ee because showing the IA NJ PARSONS
f BY p SrSlai moi q the senate c0mm''e
1o YOU 1r "fAs say The figures we're cut out at the
time Of the Arnold Investigation by Mr. Thc
without regard to reyhc"S to my
.7'who had the custody oil the '"''""''
deed" -
Why tina. an and cyy' Srr associates were
so soici1 ndrsd 70 ncope agreed to that done
am not responsible The deed sh0u'o nave '''''
S' "%hat was there the deed that made Its de-
struction necessary ....a h.cause I'm my
Judgment it was that deed that caused a., 'e
b hostile legislation and 'h,s ySa asked Mr.
Lexow. with a smile. A., ..o ,rss has becn
oven ba say deed If that deed had been in EVIL
dence the Investigators would have been nsn ,n
ss ar forl S1 al b this h s s%ms s highest
court In the country; h, ,hst7" asked Senator
oh thought you were conyersant with n, things s
that had gone before In the matter OF iorH'er '"
II am. in general way" replied Senator Le1ow'
Il mean that we have had these investigations
before: tina, one judge has ruled that we were
not. The supreme Court has swept all this aside
by Sss no sey trade 4o or e
AsscmbIyman Warner here asked what became
of the books Of the original trust. . oo, .
"They went out OF existence. suppose III l"i'
Were they destroyed
81 don't know. ! didn't keep the books. a
''Will you swear they were not destroyed
81 will not swear TO anything don't know. am
''Did the trustees of the old trust destroy the min
utes of their meetings after they had been read:
Somewhat singular that Att the ,a minute ute
stroyed. at any rate that nobody knows any
thing about them? ,,.a a.,
when the companies were absorbed there was no
further reason for keeping them -, ,.,,
made by Mr.. Seares-tIat the investigation OPP
Grated to destroy confidence ~ the Sugar Trust
opinion; II he seriously believed that the value of
any company honestly conducted had anything to
searching
ADD TO IT'S PROFITS.
In an emphatic manner Mr. Havemeyer stated
that the immediate effect OF the investigation
would add to the profits Of the trust lie said II
had raised inOrdnate demand for raw sugar
which would put up the price of refined suPar. ana
the difference would have to be paid by the con-
Prices. however. ne said. would adjust
themselves quickly. But as a parting shot he ex-
pressed the fear that the investigating example
of this State would spread TO other States. where
they would probably not be conducted with the
same fairness and discretion as here. and would
bring abou; some extremely disastrous results.
sworn and asked if the deed of trust was in his
possession if he knew Of its whereabouts. but
he said NO to both questions.
With the departure of Mr.. Parsons from the
stand. Henry Burn. the president OF the National
Wall Paper Company. testified that the company
was organized in July. 1892 and that II purchased
a number of factories in various parts of the
United States. Altogether. the number OF concerns
that the company embraced was twenty eight. and
it had in operation lss WALLPAPER machnes There
lightweight machines. which were moi members or
the National Wall Paper Company. one OF the
increase the output OF wallpaper, and not to re-
strict the trade. The production of the companies
been increased from 10000 eco rolls of wallpaper in
1891 and 1892 TO about l2oc0O.@0 In 1893 and 1891
Replying to further questions. lie said that not
more thar twenty men had been discharged as
result of the consolidation.
How do your compdny'S prices compare with
those Of the companies under the continuation
our prices are y per cent lower
The wages also had not decreased: they We're
about the same. and the employment was stcader.
the witness said.
How many men do you employ
"Roundly speaking about 600 in the United
States"
How many in New-York?"
Have you agreement with the sellers of your
product in New-York?'
Yes. sir: In one two cases.
The witness said his company had competitors In
New-York State who worked under agreements
Are their agreements similar to yours?
81 don't know the methods our competitors use
I only know there Is Wall Paper Trust some
where"
You claim. then. you are not that trust?'
The agreement you have with your sellers re-
strcts them to the sale of your goods
YES. sir.
The further examination of Mr. Burn was post
to produce a copy of that agreement. and the COM
mi,tee adjourned soon after o'clock.