Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1899-06-17
HOW TRUSTS WORK.
Startling Testimony Of a CON-
nerciaI Traveller,
MANY MEN LOSE SITUATIONS
me Retained Have Their Salaries
ne Retained Have Their Salaries
Reduced.
..r COMBINATIONS RAISE PRICES
7he Increase from . to 100 Per Cent
c, commodities They Control
The Affidavit Plan OF selling
sugar.

v.ASuINGTON, June 1G.-The Indus
,- commission began It's session TO-
with the examination Of James IL.
r of Brooklyn, a representative OF
r Nohonhaucr Sugar Company and the
nal Sugar Company. Of New York.
,.- Post said that as general propo-
sion he thought the American Sugar
ming Company had Influenced condi-
S. for the good Of the country
.uo YOU think" asked Mr.. Ratchford
'.fat 80 would be a good thiuG for the
american Company TO be in entire con-
ra. a The hold?"
go" said Mr. Post; Il think the entire
control of an article Of universal con
sumption in the hands of any one set .,
Y,a would be a very dangerous power
THAT is what the trust aims a'' S"'u
Mr. Ratchford. according TO MI ha'e-
meyers own statement
"Tbc business might get into the hands
e.. men not $50 broal-m.ndcd as Mr.. Have
i r y,r" replied the witness.
,f~ Post denied that either the Molten
4 bauer or The National company was con
ted iu any way with the American
auiug Company.
AFFIDAVIT PLAN.
1r answer TO an inquiry as TO the am
5,,.t plan OF selling to wholesale grocers,
Witness said that it had recently been
. adoned. The result was that I'm many
.s gocers were cutting the price Of
..-.r and selling al a loss. Mr.. Post said
g.. Was sorry for the grocers. but it was
E matter of little interest to the re1ner
-. rcGn,rs allowed the grocers a profit
.. hree-sixtoenths Of a cent a pound.
yn was az little as they could afford
g. handle 90 for. Free sugar from cuba,
witness said. would wipe out American
tw sugar. both beet and cane, in the
I-Xt five years.
\ Daring tIe afternoon the commission
t-4rd statement from =. +. Dow. Of
4 N.V York. president Of the Commercial
velCrs' National League.
i -r. DOW said the opinion Of commercial
i o.. 40 large was that trusts were q me
g.. 10 the community. He estimated
1 travelling statesmen I'm the United
s-s at 5000 The formation of trusts
combinations was throwing a large
i ,-aer of these men out of employment.
ZEN THROWN OUT OF WORK.
giving specific Instances. he said:
4 '-. National Ena melting and Stamping
Company. which depends for its raw ma
| t, upon the American Tin-Plate Com
i--. has thrown a great many ont Of
.r. lvmcut. and those retained have had
t.. salaries reduced. The ereat tobacco
,l....- threw OUT about 300 statesmen.
I continental Tobacco Company tele-
r..... The discharge of go in one day.
I rg Powder Trust has dispensed
SIT. .suaptiug half a dozen men.
i..v rs. salesmen discharged by the
f..t u.. re- formerly IN the employ
a. 't. -.. nd Baking Powder Com
receiTng q salary Of 5000
... r.. .ther one Of $500. Their routes.
WITH ...s- Of other DISCHARGED statesmen.
.- l-red by one agent an SIS a week.
r cycle Trust will throw out GO sales
r. gradually. and viii cut down the
t les iu every city. The Chair Trust
r feet Immediately more than 500
an by cutting them ont OF the line
man writes me that the Union
.ll Paper Company has thrown out
.m..uym,nt hundreds of statesmen.
number of statesmen out of work
of the United States Rubber Com
| . 800. tine statesmen retained have
..Ir..d 90 "a salary. averaging, so
- meI. 50 800 "a year.
American Iiu-Piate Company cut
t oHt OF every I'' stIesineh' ne
30 Steel ana IRON COMPANY con us
-' commercial 'rdN''''iS III o''9
49,.
GIVING lAese es'.i'l"''' .,, ",,,
.r- the once IoI0o O'19"5 e T"'
trusts. Inc sugar anu anu, ~,
es have thrown Out LVVy a"le'
average reduction III salary Vi
..anei being $l'Vo year anu 80
only 81 inc oIo lo ,rt a,,-.-,.rl
mousse P3s.,l'''s. 'l7 se5asroa,'
~ mn I'm me mercantile
t .f ora-balf his capital
pyrl,r-s RAISED
80. -. oor,ri,a-
.''" san" 'H"l '"o "''. -,
i t'l-'a tne p'lccS % INC 1ro
.-el com -. ,,,..ta,,ca lvcont
-' '..'D''
.' sugar ,,.