Reporter and farmer. [volume] (Webster, Day County, Dakota [S.D.]) 188?-1946, 1902-05-15

Lay III
s,a.s s,it brought by the attorney
ne United States against the
oac,,rities company, the Great
pauway company, the North
pailway company and others.
- three defendant companies
ssnarate answer. The answers
.,ontially the same In each case,
20 far as they are varied to
~,schnieal differences in the
~ organizations of the various
swsr Of the Northern Securities
tns and of special interest be-
IN attorneys for that company,
fobn w. Griggs and George Il.
hove included, in addition to the
4, and legal reply to the plaintiffs
concise statement of the de-
II. .ase. They explain the origin
.o.cslIed merger and the business
|.nd purposes which prompted the
IstIon of a holding company. The
r,,on is the more interesting part
.rsuer and is herewith presented
N out Of its regular order with the
IA portions following:
|company's Explanation.
bring the petition, this defendant
Information and belief, says that
NJ As 10 the purchase OF the shares
chicago, Burlington and Quincy
N company hereinafter called the
ZION company and the planning
(mstion of this defendant, and the
4 intentions and purposes Of the
1 and corporations concerned in
Enterprises, or either OF them, were
enormously stated in said petition,
,re. and are, as follows:
1 projecting the line of the Great
I'm to the Pacific coast, that COM
Ind It's directors contemplated the
nv of creating for the line not
state and interstate, but an inter-
commerce. Nearly all the coun-
raversed or reached by this line
len but sparsely settled or not set
all. Il was principally agricultur-
lzng or timber land, with mineral
IS In the mountain ranges believed
large and valuable, but not devel-
y explored. Whatever commodities
gion might furnish for carriage
be raw material, of great weight
Tx In proportion 10 its value, which
not bear transportation to market
at a low mileage rate such as
be made possible only by every
able reduction in the cost OF trans
oh The available market for all
was far from the places Of
tion.
'ashington and Oregon are the larg-
d finest bodies OF standing timber
United States, the best market for
Is IL the prairie states of the Mis-
1 valley east Of the Rocky noun
but the lumber and shingles from
iGic coast would not bear the cost
nsportation to those states IL the
them had to be hauled back
or nearly so, for a distance of
1ne thousand five hundred TO two
nds miles. And the same is true of
her products. On the other hand,
or sparsely settled coun-
og the line, or reached by it, could
rntsh a market for commodities
TO load the retaining cars: the re-
that unless the company could
trafic Tor carriage beyond the Pa
no great traffic either way
1xist or be created.
Asiatic Trade.
these conditions the Great
I'm company not only went to great
nal expense in the construction OF
: 70 obtain gradients lower than
any other line to the Pacific
out also made great efforts to Gre
! increase In the countries of East
"a a demand for the products of this
and soon after the completion OF
way IN 1888 # induced a japanese
ny 70 run a line Of steamships, con-
VIII It's railway, on the route be-
seattle and the ports OF Japan,
anu Russian Siberia, and succeeded
tung and has since been actively
= IN building up a commerce In
tne hour manufactured along it's
'ton Doth raw and manufactured,
y steel Especially steel rails and
machinery, and such other manu-
Z q this country as a market
Oe found or made for in Eastern
ave been carried to Oriental ports.
I'm eargoes Of such Oriental prod
ale consumed IN this country have
1ousnt back. A large bound,
- an increased east-bound, tart
shas peer secured by the company,
: 70 make such rates on lum-
otner products of the country
Y y as permit them to be shipped
.sfn markets with a profit to the
M before the Burlington pur-
s oriental traffic had reached
that the Great Northern
y eaused to be begun the construc-
,s~.ainsnips to be run from Seattle
Japan, China and the Philip
~ from their great CARRYING
: ,Deing the largest in the world,
aoie 70 carry at very low rates
,hS.soes can be secured), and thus
~ company to move the largest
west-bound traffic land also of
! lraHc) at the lowest rates.
m.erstate and international COM
the Great Northern COM
s,us built up, II completes both
tsary and on the ocean with the
ssSIcontinental lines Qncluding
Ian faci1c) and at the Oriental
n, npetes for commerce OF the
,dtes are and must be made
. .shoh with the rates Of ocean
oy way Of the Suez canal.
. tnu followed by the Great
solnpany in building up an in
ana thereby Interstate, COM
sen followed by the Northern
ahy since its reorganization
..sa MT "a DISADVANTAGE.
ang and maintaining this COM
state and international COM
! No..Se Great Northern company
ed Pacific company were
c,hu placed at a disadvantage
a. w,.s transcontinental railways,
=, r'n European competitors. by
sufficient direct connection
: tba .ory Offering the best mar
he,r products OF the country
lon INES, and with the places OF
IN rh great centers OF distribu-
/, rnicn their trafic must be
a, many months before the
lsids,n ne burlington shares, they
"SEed the best maacs 80 1attfry