New-York tribune., 1905-07-02

to the big packers, was bought up by individuals
connected with the big packing corporations
and placed with another corporation organized
for the purpose of holding these stocks-tne
National Packing Ccmpany-but this indictment
makes no direct charge against the Natohai
Packing Company any of its officers, except
such are were officers of the big packing COM
panies.
1T is to be observed that when the stocks OF
the smaller companies were purchased, not mere
v the controlling interests of each of the smaller
companies was acquired, but all the stock was
bought up, so that the purchasers were in
position to wipe out of existence the companies
so purchased On this point the National Pack
ing Company differed from the Northern Sc
curities case lately decided by the Supreme
Court of the United States. In the latter case
only the controlling interests of the railroads
concerned were bought up and put in the hands
of third corporation for management
INDICTED MEN WILL SURRENDER
AS soon as the indictments had been handed
into court District Attorney Morrison suggested
that each of the defendants be placed under
bonds of 5000, and when the court asked X
bench warrants were to be served he was IN
formed by the District Attorney that the legal
advisers for all of the men included in the In
dictments had agreed to produce the men on
Monday, or as soon possible after July f..
Some of the defendants are not in Chicago and
cannot come into court Immediately Judge
Bethea acquiesced in this arrangement and then
addressed the jury, saying:
1t is not proper for me to comment upon the
result of your work inasmuch as L was partly
instrumental in bringing about the investiga-
ton you have conducted congratulate you
upon the work you have done For three months
you have labored conscientiOusly. probably have
broken all records for like inquiry. You have
not been Influenced by prejudice nor position,
by any individual. You have been inf1u-
enced only by desire to do your duty. There
twenty-five of you at the start and there
twenty-five of you at the finish. You have
interests of the public. If more citizens were
actuated by the same public spirit there would
be less need for the enforcement of laws.
The first one of the indicted men to offer bonds
was B. s. Cusey. indicted for rebating with the
railroads. He appeared in court about hour
after the indictments had been returned and
gave a bond of $4,000 for his appearance when
wanted. The cases against the defendants will
not be tried until fail.
John S. Miller, of counsel for the packing
firms, gave out the following statement as soon
as he learned of the indictments:
1 ask for the packers who have been indicted
the Withholding of judgmnt until their side of
this matter can be properly presented. I think
the investigation on which these indictments are
based instituted and carried with the
previous conviction that the accused guilty,
and that the thing to accomplish was to get the
evidence. The packers have been held in preju-
dice and condemned by being called a Beef
Trust by continued and repeated charges. with
out proofs. and by gross falsehood and misrep
reservations. The Garfield report accurately
stated the facts in respect to the packing busi-
ness but it's results which were truthful and &C
curate, did not agree with the exaggerated and
false charges that have been made.
The packers not violators of the Sherman
act. They have endeavored to comply with the
law in the best of faith and in my opinion they
have done so. -<t -ra t--