Audubon Republican. [volume] (Audubon, Iowa) 1894-1925, 1905-07-06
BIC PACKERS
ARE INDICTED
Federal Grand Jury at Chi
cago Returns True
Bills.
FOUR BIG FIRMS ARE CAUGHT
Armours, Swifts, Morris and Cuda-
hys Head List-investigation Has
Lasted Over Three Months and
Many Witnesses We're Examined.

Chicago, July AFTER an ~investi-
cation which has lasted something
over three months, and during which
more than one hundred witnesses
were examined, the federal grand jury
Yesterday afternoon handed in its re-
port. Seventeen men prominent in
the packing industries of the coun-
try are indicted for violation of the
Sherman antitrust law, and four Of
ficials of the Schwarzchild & Sulzber-
ger company were indicted for al
legged illegal rebating to the railways.
Besides the individual indictments,
bills were voted against five corpora
tions, Armour & Co., Swift & Co.,
Packing company and the Fairbanks
Canning company. The men indicted
for alleged conspiracy in restraint of
trade which constitutes violation of
the Sherman act, r
j. Ogden Armour, president of Ar
mour & Co.
Charles Armour of Armour & Co.
Arthur Meeker, general manager for
Armour & Co.
Il. ]. Corners, director, Armour &
Co.
P. A. Valentine, treasurer of Ar
mour e Co.
Samuel McRoberts, assistant treas
urer of Armour & Co.
Louis f. Swift Of Swift & Co.
Lawrence A. Carton, treasurer of
Swift & Co.
Arthur F. Evans, attorney for Swift
& Co.
r. C. McManus, attorney for Swift
e. Co.
A. H. veder, general counsel for
Swift & Co.
Edward Cudahy of Cudahy & Co.
d. e. Hartwell, secretary of Swift
& Co.
Edward F. Swift, vice president Of
Swift & Co.
Edward Morris, secretary of Nelson
Morris e. Co.
l.. w. Morris of Nelson Morris & Co.
The four employees of SchwarZchild
& Sulzberger, who were indicted for
alleged rebating with railroads, are
all connected with the traffic depart
ment of the corporation. Their names
are Samuel We'll, B. Scusey, C. E.
Todd and V. D. Skipworth.
The indictments voted for alleged
violation of the antitrust law were
identical in each instance. The in
dictments contained each eight
counts, which were spread over sixty
three typewriter pages.
The first and second counts of the
indictments pertained only to beef
sold in domestic trade. The ninth
and tenth counts relate to beef sold
in foreign trade. The third count
charges a conspiracy in restraint of
trade and commerce among the states
and with foreign nations in fresh,
dried, smoked, cured, canned and
picked meats and in certain by-prod.
ucts of the packing industry, viz
sausage, castings, sausage containers,
cleo stock, stearine and oils-and also
in butter, eggs and poultry. This
count charges that the trade which
the defendants were carrying on in
the above named commodities was to
be restrained in several ways.
First-Competition in the buying of
cattle at the stock yards in different
cities was to be prevented and de-
stroyed by the defendants, who re-
quired their purchasing agents to re
frain from bidding against each other
SecondrCompetition as to the sale
Of the above commodities in foreign
and domestic markets was to be pre-.
vented and destroyed by the defend
ants fixing non-competitive and un.
reasonable prices for such commodi'
ties and requiring their representa-.
tives in the different markets to fix
prices by agreement according to
what the market would stand.
Third-The supply Of the above
commodities was to be curtailed and
restricted whenever necessary to
maintain the prices so fixed.
Fourth-The United States was d.
vided up into territories between the
defendants, and each was to keep its
own territory without interference by
the others.
Ffth-There was a division as to
the volume of trade allowed to each
defendant in a given market. If one
packer sold more than his percentage
during a given week he was Obliged
70 pay an ''ante" of so much per hun
dred weight, according to the terri
tory / in which the matter occurred
into a pool to cover the excess OF
sales, and this fund was divided
among the packers who fell short in
their sales.