The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1905-07-12
TRUST DEAL
IS EXPOSED.
ANOTHER ATTACK ON ..s.
IN'L HARVESTER co.
Former Einploye Shows Up Methods
Pursued BY the Concern and Takes
Legal Action to Secure rs sishment
Of the Big Trust.

Chicago, July Another atS
was made yesterday afternoon upos
the international Harvester Co., by
Rodney B. Swift, formerly head Of the
experimental department of the Nc
Cormick branch Of the harvester COM
pany. Swift's connection with the
company was severed some months
ago and suit was commenced against
him BY officials of the company, who
alleged that he had defrauded them in
the sale of patent. In his bill filed
this afternoon Swift, as stockholder,
demands an accounting from the COM
pany and demands that the court force
the company to cease taking rebates
from railroad companies and also COM
pei the company to return to the rail-
roads the moneys said VI by Swift to
have been Illegally exacted from rail
roads in the past Eleven railroads
are also made parties toithe suit.
= OF the railroads made defendants in
the suit two, the Chicago, West Pull
man s& Southern and the Illinois
Northern, are described in the bill fill
ed by Swift as being the means by
which the tribute was, according to the
bill filed by Swift, exacted from the
larger roads in favor OF the harvester
company. go. 80, e !.
The two roads, Swift asserts, con
sist principally of switch tracks.
Swift declares that up to Sept, 80,
1902, the Mccormick branch of the har-
vester company alone forced the rail
roads to pay it, through rebates and
operations of the Illinois Northern
road, a sum in excess Of $3,ooo,ooo. Up
to the same date the money received
in rebates by the Plano branch of the
harvester. company, through the agen-
cy Of the Chicago, West Pullman &
Southern Railroad, amounted to $5oo;-
ooo # IL ~
Since Sept. 80, 1909, it is declared
that all other railway companies have
been making payments of rebates to
the International Harvester Company
under&the guise Of an alleged dividend
of freight rates with the Illinois North
ern Company. Swift asserts that the
alleged illegal rebates made to the In
ternational company since 1902 amount
to more than ST. ,ooo, 900.
1t is further declared in the bill that
the business Of the International Har-
vester Company is of an extremely
profitable character He asserts that
harvesting machines can be produced
and delivered by the company for $57.
The company receives SOS for them
from agents, who in turn sell them sor
$I25. q 1t is stated that the company
1,,i 81 },l, ,stx frT,4,
that the only persons having the right
to examine the books of the company
are trustees of stock, Perkins, Nc
Cormick and Deering. Swift says that
all his demands for. an examination OF
the eompany's8 books have been re-
fused 1t is further declared that the
unlawful course of the directors of the
corporation has damaged the har-
vester company to the extent OF $780,
J 600, which Swift demands the directors
repay to- the company. &.
An injunction is demanded by Swift
who asks that the court prevent the
purchase by the company of any man
,ifacturing plants when the purpose Of
the purchase is iii whole or in part a
suppression Of competition. The use
of any money or property by the In
ternational Harvester Company for the
defeat Of the enactment of any law by
any legislatives body in the United
States or elsewhere, or for corruptly
influencing elections, OF work of tax
ing bodies, and combination with
the Plymouth Cordage Company for !
3 monopoly of the binder twii1e trade 81
the United States. I
No time has vet been set for hear
ing Of the case in court