The Roswell daily record. [volume] (Roswell, N.M.) 1903-current, 1909-07-13
THE HARVESTER TRUSTS
GRIP ON THE COUNTRY.


Washington, July 13-The United
States senate has again heard the
story of the harvester trust. the
friend and ally OF the Republican
party.
To deaf ears on the majority side CT
the senate, Senator Stone of Nilsson
ri narrated. step by step, the organi-
Zation of one of the most infamous
industrial combinations in the world.
The harvester trust has done TO the
agricultural implement business what
the Standard Oil company has done to
the oil business. Only it has perform
ed more work in the dark than Stand
ard Oil.
The Rockefeller of the harvester
trust is J. Pierpont Morgan, although
90 per cent of the farmers are not
aware of il. The firm of ]. p. Morgan
& Co. through George w. Perkins.
organized the International Harvest
or company of New Jersey in 1907.
This merger swallowed all the prop
critics of the Mccormick Harvesting
Machine company. the Deering Har-
vesting Machine Company. The Cham
pion. the Plano. and the Milwaukee
MAJ NtSAiuS AidCHiHt COMPANY, repre-
senting so per cent of the business or
the country. Other smaller concerns
have since been forced TO sell. Then
came the organization of the Interna-
tioueal Harvester Company OF Ane
rica. under the laws of Wisconsin
Cyrus H. Mccormick is president and
Morgan's man. Perkins. is director, OF
both Companies. The New Jersey
corporation is the manufacturing con
cern and the America is its selling
agent. The new corporation contin
ueS to manufacture the machines of
the various former companies. pres
erving their separate makes and iden-
titles. and sells them at a uniform
price. There is now no competition
as to the prices on these machines.
which are advanced regularly and sys
tematically. When a small concern
attempts to undersell the trust, II is
swallowed.
Promoter Perkins. on the witness
stand in New York. admitted that the
trust had purchased the ID. NJ. Os,
borne Company's business because
that concern CUT the prices OF harry
esters and mowers abroad and at
home.
Arkansas has banished the harvest
er trust from it's state. A commission
er appointed by the supreme court of
Kansas has investigated the Interna-
tional Harvester Company of America
and in his report finds the concern IS
trust and a monopoly doing bust
ness in violation of the laws of the
state. An custer suit is being vigor-
ouslv pressed against the harvester
trust in Missouri by Attorney General
Elliott w. Major.
The legal department of the federal
Government refuses steadfastly to be-
come interested I'm the wealth of dam
aging evidence that has been taken
against the harvester trust. The har-
vester trust assists in keeping the Re-
publican party in power. and in return
payment receives excessive protec-
tion, immunity from prosecution. and
the privilege of extorting most any
price it wishes from the American
farmer. The trust now controls So
per cent of the implement business
II was shown in the senate that the
trust was extorting unreasonably high
prices. An amendment placing agri-
cultural implements on the free list
was submitted and defeated by the AL
drichites.
The wicketiness of the harvester
trust Is a long. long story. Although
in 1907 il cleared s.. 600 900 in profits
at the beginning of 1908 il advanced
prices to the whole saler ; per cent.
For example, a 6 foot binder was boos