The Wisconsin tobacco reporter. (Edgerton, Wis.) 1877-1950, 1904-04-01

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Commenting upon the reported failure
of the shade-grown tobacco, cores
pondent writing an eastern trade Jour-
nal, asks for suspended judgment, claim
ling the experiment has not yet received
fair test, and says: The enemies of
shade grown tobacco are revellng In de-
| light just now because of the announce
| ment that there is to be a reduction in
acreage this year" said gentleman who
| is financially interested in the venture;
| |but think it would be just as we'll to
| wait while before passing Judgment on
! the experiments being made in New
! England, 1t may be that growing to-
bacco under cheesecloth in the North
| will. never be successful; but because the
attempts made so far have not all been
| to the good, / don't think it hardly fair
| to criticize too severely at this time. In
| the first place. the seasons for the past
| two years have been very unfavorable,
owing to the excessive moisture; and
until | have seen crop grown in nor
NAL season, am not willing to pass
| Judgment on the experiment. The to-
/ bacco grown in 1902 showed a wonderful
! yield, but it's greenish color initiated
| against its sale. Another objection was
| that the extreme thinness of the tobacco
| caused the wrappers on the cigars to go
| to pieces, unless handled with great
care. Now, both of these defects can be
seemedied. 1t is an easy matter to
| thicken up your tobacco bit, and this
in turn would help the color proposition,
The curing and packing of shade-grown
| leaf has been entirely too expensive, and
hereafter there will be material reduc-
ton made in the cost of handling the
| crop, without in any way depreciating
T! its value"
A meeting of the creditors of Sutter
Bros. was held ia Chicago last week.
The information given out was to the
effect that the total net liabilities of the
house are about $1,300,0O0. and the net
available assets in the hands of the re-
ceivers about $4,000, out of which lat
ter sum must come the fees for conduct
ing the estate during the receivership.
A proposition Of settlement was shown,
offering ten per cent. in cash and unse-
cured notes, for five per cent. in three
months, five per cent. in six months and
| five per cent. in nine months, or total
dividend of twenty-five per cent in full
It was stated by those in authority that
| over ninety per cent of the amount and
| number of claims against Sutter Bros.
| had signifed acceptance of this offer,
and it was hoped that all would be in
| duced to come in. The meeting was ao-
| journed until April 5, at which time a
| more definite report of further progress
will be made.
| The u. S. Tobacco Journal sees ray
of light in the recent decision of the su-
preme court in merger cases, as leading
| up to the relief of those who are chafng
| under the threatening effects of the Dig
| ordinations of capital in industrial
| matters, which will be reflected in the
| tobacco trade. The late decision of the
us. Supreme Court in the Northern
| Securities suit is not the only one that
! helped to clear the atmosphere of the
trust issue: it was preceded by another
decision on one of the sections of the
| Sherman antitrust law, which was
hitherto regarded to be dead letter. It
| is Section 7, which reads as follows:
| "Any person who shall be injured in his
business or property by any other per
son or corporation by reason of anything
forbidden or declared to be unlawful by
| this act may sue therefor in any Circuit
Court of the United States in the dis
trict in which the defendant resides or is
| found, without respect to the amount in
controversy, and shall recover threefold
the damages by him sustained and the
costs of the suit, including reasonable
attorneys fee." Under this law the
| courts have just awarded San Fran
cisco firm heavy damages for restraint of
trade. This decision, from which there
| can be no further appeal, mulcrs cor
| poration. or trust, in rather heavy dam
ages for it's refusal to deal with a COM
| petitor on equitable terms. The liabil
| ity of trusts for damages, thus estab-
| lished at the last resort. must eliminate
their dreaded ulterior purpose of obtain
ing monopoly in any commodity in
inter state commerce.
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