New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1902-06-06
PACKERS ADMIT DEFEAT.
TRUST MEMBERS TO DO BUSINESS INDIE
PENDENTIY. IT is SAID.
M ATTEMPT WILL. RE MADE TO VIOLATE
THE COURTS ORDER-PRICE RE-
DUCTIoN NOT EXPECTED.

REPRESENTATIVES. of the Beef Trust have de-
clared themselves beaten. They still argue that
meat will remain high just so long as 1heie IL e"
scarcity of Since Justice CHESTER Vi .iie
Supreme Court. granted an injunction ree'idii
ing the hacking companies of the West from
carrying on business in this State IN Nloiatlo"
of the provisions of the Donnelly Antitrust law.
the packers have shown little disposition 10 talk
on the decision The injunction was directed
against Armour & Co. Swift & Co. the Cuoahy
Packing Company, the Hammond CompahH'
SchwsrzscbiId & Sulzberger and Nelson Morris
& Co Local representatives of these concerns
have as rule followed the policy OF silence
pursued by those in the main offices of the COM
panies in the West.
A B Boardnaan of Roardn,an. Plat & SoleF'
counsel for the packers. said on this suoJec''
We shall not attempt to vacate this n1un6ft oTfh
carry on his business independently OF every oi If
pscae5T and b aG5 prepang his own No
tempt direct indirect, open or secret Nil If
Course continue business. The restraining oroeI
enjoined only their managers age ei b com
binaton the prices be charged ana the reg s ia
ton of the amount of meat to be oro"sh' 0S ''i
me Not i long ago Judge Grosscup of the Tinted
This order was issued packers and their agents ban
throughont the Gouhtr{; Attorney General
Davies sought similar relief for thIs STATE nbieb
6 oany ony y SewYork State The Attorney Gen
erai dealt with the situation as created wfen ts
Court deals with the interstate features. = ts en-
Eregy one ~" stIempt has been made to exclude
IL from the State II is obvious that uEa han e0
get steers that are fattened on corn at less tna
Gents bushe beef cannot be sold at SO low c1, hg
ure when corn is 80 cents 6usne! 1,e,iste mat
ters Grass fed cattle cannot be shipped 70
points satisfactorily as corn leu amman
Samuel We'll secretary of Schwarzsch'lo q
sulzberger. whose local office is at NO. ooo
Firs-ave said that the injunction would IN
10 nav affect the interests of his company
he said that the concern had never entered INTO
;uega1 cornnacts of the nature alleged IN the
briefs submitted by the Attorney General lie
said that the company had never attempted ~
fix or determine by agreement with other III ms
the prices to be charged for meats ne'thei I'D"
the company by agreement with othef CON
Germs tried to diminish the supply OF meal
brought into this State for the purpose OF forc-
ing rrices to high level and keeping them
there. -.
Mr. We'll contended thai the present dilIo"i'S
snrung from natural causes. He said
" ro 5enendent on the farmers. Our profits
and losses depend greater or lesser Isiness
how much we must pay the arm nrdin9rV laws of
supply and demand as that OF any ONE Iot think
tbaf we are maintaining large estab ishnent Wen
capitalized for the purpose oi az tbe cirv in other
IL T
words we are not working for our neaith 10 % cents
obarI+vs seke II the farmers charge us ~ ~
-anre hushel we have to charge the peopier q pr
nnrtionateIy higher price for their meat mat IL
no new principle in economies
when do YOU look for lower price OF meat
vas asked TO which the reply was:
- . - - .rsuer There will change
IN nr;ces so long as the demand is greater man me
sunnIy and SO long the farmers C9illillue ~
epepge high rates for their and cattle
| Local dealers said yesterday that they anucl-
| nate no decline in prices of meat, thus bearing
! out Mr. Wells opinion. The advent OF spring
| lamb. they said made no favorable impression
| on the market as few bought the luxury
Washington Market dealer said that the
summer weather had not apparently 7lminsheo
the consumption of meat other colnihoai'ieS
IRE almost as high as meat" he added so
! there is NOT much choice between Yegetapies
and meat | don't know what effect the IN
iunction will have on us and our customers
XS-a,1I have tn wait and see But I'm not look
ing for decIine-rather for further rises