New Iberia enterprise. (New Iberia, La.) 1885-1902, 1899-12-02
Daniel &. Reid, of Chicago,

, 600 900 for organizing the Tin Plat
Trust. He was made to tell tha
the price of tin had doubled within
, the year. but he denied that thi
was so because his trust had
monopoly of the business. He sal,
also, under pressure, that the trans
fer books, which under the law an,
his charter must be kept in al
Office of the concern established il
New Jersey, were sometimes in tn,
general Offices of the Trust il
Chicago and New York.
William Il. Graham, of Chicago
Vice-President of the Tin Plat,
Trust-Declared that without tn,
aid of the tariff there would have
been nothing in his business tC
organize into a trust. The tariff
made trusts possible.
John ID. Archbold, Vice -Presi-
dent of the Standard Oil Company
Told the Commission that the
chairman of the Commission, Tho
mas M. Philips, head of the indie
pendent oil refiners of this country,
had formed trust under the guise
of an independent concern. and had
tried to get him (Archbold) to di-
vide the territory of the country
between the new company and the
Standard. He also said:
eff you should ask me what leg
islation can be proposed to improve
the present condition, answer that
the next great, and to my mind in
evitable step of progress in the di-
rection of our commercial develop
ment lies in national or Federal
corporations.
"If such corporations should be
made possible under such fair re-
strictions and provisions as should
rightfully attach to them, any
branch of business could be freely
entered upon by all comers, and the
talk of monopoly would be forever
done away with"
Frank T. Monnett, Attorney
General Of Ohio-Said that the
Standard Oil Company employed
clerks and bookkeepers in rival re-
fineries to supply information as to
the business of these refnerios,
and that the trust received daily re-
ports of all shipments of oil by ri
walls, with the names of persons to
whom it was shipped, the prices
paid, etc. They also, he said en-
ployed railroad men to furnish in
formation as to the oil shipped
over their lines, and even went so
far as to have men jump into wag-
ons loaded with oil and find out to
whom it was consigned.
Charles Counselman, of the Ele-
vator Trust, Chicago-Admitted
that he and several others of his
associates met, as witnesses before
the Commission had explained they
did, and set the prices Of grain for
the following day, but he declared
that this was done to establish a
maximum rate, SO as to outbid the
grain men of the Southwest.
s. H. Greedy, of the Chicago
Board of Trade-Gave evidence
that the Interstate Commerce law
is dead. That the railroads give
rebates to heavy shippers. That
the grain warehousemen have gone
out of the storage business and alb
solutely control the product by
purchase and combination. That
p. d. Armour, Charles Counselman
p. B. Weare and two other men
met and fixed the prices of grain
for the day. That these prices
were fixed through combination
with the Granger railroads, which
discriminate against outsiders.
E. S. Bradley, of New York,
Vice. President of the new Whiskey
Trust-A great deal more illicit
whiskey finds its way into the mar
ket and is consumed in America
than the whiskey upon which the
Government collects the revenue
tax. Even in New York City, in
the heart of it, illicit stills are being
conducted to the detriment of legi-
innate trade. am convinced that
l could put an illicit still in the
cellar of my home in Fifth avenue,
and run it for years without fear of
detection.
Ny concern is trust, and con-
trolls IA, 100000 gallons Of Ken
tucky's total output of about 2O,-
100000 gallons. The reorganized
trust has dispensed with the SER
vices of about 300 travelling sales
men in Kentucky alone, and has
cut down the expenses in this re-
spect 81 900, 900 annually.
Dennis b. Ryan, of Jersey City
Il have helped organize during