The Black Hills union and western stock review. [volume] (Rapid City, S.D.) 1904-19??, 1905-07-21
WORST TRUST EXPOSE
Yet BROUGHT TO LIGHT
international Harvester Com.
pany Is the Object Of a
Strenuous Attack.
REBATES BY WHOLESALE
Violations of tho Law Alleged to Have
Occurred in Great Number-lllus-
tration Of Old Saying: "When
Thieves Fall Out"

Chicago, July 14-h-other attack was
made yesterday afternoon upon the In
ternational Harvester company by Rod
ney B. Swift, formerly head of the ex-
perimental department of Mccormick
branch of the harvester company.
SWtft's connection with the company
was severed some months ago. and suit
IA commenced against him by the or
icials of the company. who alleged that
he a ~defraudsd them i'll the sale OF a
patent.
In his bill filed yesterday afternoon
Swift, as a ~stockholder. demands an
accounting from the company and de-
mands that the court force the COM
pany to cease taking rebates from rail
road companies n also compel the
company to return to the railroad
moneys said by Swift to have been lille
gally eXacted from the railroads In the
past. Swift declares that up to Sep
TENDER 80. 1902. the Mccormick branch
Of the harvester company alone forced
the railroads to pay 1t through rebates
and the operation of the Illinois North
| ern railroad a sum in excess Of S3,OOO,-
900. i,
Up to the same date the money re-
ceived in rebates by the Plano branch
of the harvester company through the
agency of the Chicago West Pullman
and Southern railroad amounted to
$500, 900.
Wholesale Rebate Graft.
Since September 80, 1902. 1t is de-
clared that nine other railway COM
panies have been making payments Of
rebates to the international Harvester
company under the guise of an alleged
division OF the freight rates with the
Illinois Northern company. )
Swift asserts hat the alleged rebates
made to the International company
,l~oo 1000 ay,,N,,nta1 70. moro than ri /.
900 900.
Swift goes into the details of the
organization of the International Har-
vester company. declaring that shortly
after its formation an
was made between President Cyrus H
Mccormick, Charles Deering George
w. Perkins and William c. Lane to the
effect that all the stock Of the Inter
national should be put in
charge of the first three men as trus-
tees for voting purposes until 1902
Swift demands that the voting agree
ment be terminated by the court.
Costs $57; Sells for $125.
It is further declared in the bill thai
the business of the international Har
vester IS of an extremely
profitable nature. He asserts that har
vesting machines can be produced ant
delivered by the company for $o7. TIT
company receives S95 for them from
agents, WHO III luIll Sell lllclil " 2iSJ
swift says that all his demands 70
an examination of the company's book
have been refused. 1t is further de
clared that the unlawful course of tn
directors of the corporation has dam
aged the harvester company to the eX
tent of SIS, O0O, 600, which amount Swift
demands that the directors pay to tn
The injunction demanded by Swif
asks that the court prevent the pur
chase by the company of any manu-
featuring plants when the purchase !
whole or in part the suppression O
competition; use of an. money or proE
erty by the international Harveste
for the defeat of the ena
ment of any law by my legislativ
body in the United States or elsewhere
or for corruptly influencing election
or the work of taxing bodies; comb
nation with the Plymouth Cordag
company for monopoly Of the binde
Irvine trade of the United States.