The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-08-14
Aldrich s Denial at Va
rance With Off ial
Statement.
..-.---------t
RUBBER TRUSTS
HAVE ri TIONS
Company in Which Senator Is
Heaviest Stakeholder Has
Dealings" With Trust With
Which He So Strenuously
Denies All Connection.
Figures Tell the Story.
Especial to The Times-Dispatch.l


Especial to The Times-Dispatch.l
New York, August 1s. Officers of
the United states Rubber Company
dhe manufacturers trust) at AZ
Broadway. refused to-day to discuss
the heated denial made by Senator
5Aldrtch OF Senator Brist ow's allega-
5tions that. the Rhode Island Senator
as boss Of the Senate at Washing ton
and boss OF the Intercontinental Rub
ber Company Che producers trust)i
had caused the tariff on finished rub
Der products to be raised from 80 to
s35 per cent. ad yalorem for the bene-
ut OF himself and associates In the two
trusts. They also refused point blank
to give out the names Of the stock
holders OF their company.
AS an Offset to Senator Aloricns
positive statement that there are no
relations between the two trusts and
that the interests he represented In
the Intercontinental Company viii III
no way profit by the Increased tariff
Samuel p Colt, president Of the Unit
ed States Rubber Company, made
three years ago to the stockholders OF
his concern.
Subsidiary to Trust.
In that report Col. Colt refers to the
General Rubber Company (since ap-
sorbed by the Aldrich company, as q
subsidiary OF the manufacturing
trust He also stated that there had
been effected "a harmonious arrange
ment between the General Rubber
Company and the Continental Rubber
Company (also absorbed by the Id
rich trust), which insures complete
cooperation"
Further along in his report Col.
Colt alluded guardedly to negotiations
with the Intercontinental Company.
He said there had been transactions
or importance''3sin which he and some
of the Representatives OF the company
l,had participated. He stated that
Harmony and cooperation had been
secured between his company and thar
OF Senator Aldrich.
In an interview with Senator Alu-;
rich, published by The Times-Dispatch
July 90. the Senat tor made an even.
more sweeping denial OF Senator Bris-:
lows charges than that contained In
the carefully prepared statement he
issued several days ago at the request
OF President Taft. &
THAT man Bristowis telling pack
OF lies on me-" furiously declared the
Rhode Island Senator. at his mAgni-.
ficent estate at Warwick Neck.
He manufactures his lies SO rap
Idly" Senator Aldrich went on, that
I would not know where to begin
were i to undertake to deny them
Sworn Statement.
Edward B. Aldrich. son of the Sem
ator. filed a sworn statement with the
Secretary OF State of New Jersey jan
uary 81, 1910, in compliance with the
laws OF that State, showing that the
capital stock OF the 1nter-Continental
Rubber Companygis $33.231. 900. OF this
amount s2s.os1,ooo is common and the
remainder preferred stock. BY this
same sworn statement 1t revealed that
Senator Aldrich Is the largest indt-
vidual stockholder. his holdings
amounting to 32.5o0.Oo0 of common and
$525,00O preferred. This Is nearly 10:
per cent. of the entire capital stock
OF the trust. The statement also shows
that Edward B. Aldrich. treasurer OF
the ter-Continental Company, te the
owner of $500, 900 of its common stock
and that he and the company's secre-
:tary, Walter B. Dutton, are voting:
trustees for these dominant holdings
OF the trusts stock. .ss
'g 4 Shares. Parsvalue.
Herman B. &Baruch..-. $50 1000
Daniel III. shea..... goo egg, egg
Edward BrushA..... 4S,soo a.oSe,qooooSs
S. r.. Guggenheim. 1900 1,210,O00i
Isaac SGuggenheim.. 1900 1,2lo,oo
M M1nssf G9gsenhelm 500 900 5o o,oeo
Simon Simon Guggenheim. l2,loo 100000
IL is thus shown that Senator Al
drich and his son. In asst ciation with
ana
panyG,, outright. their Individual hold
ings and proxies representing ls,sla.-
600 Of the total capital stock. q $38.-s
COMPLETE ma stery Of the trust. T places
them in absolute command o. IN q g sc M NJ
panY's policies. 81 III $ III
IN the exercise Of their power they
entered into a contract with the United.
States Rubber Company. for the pur-s
chase by that company OF the entire
OUTPUT OF the Conttnentals crude {
rubber. with the tart Il on manufae-
cent, at the behest OF Senat tor AID rich.
tha ! price Of every gradeao the pros
duct has gone up In the Uni ted States
from 20 to 100 per cent. In this in-8
" the inter-c CONTINENTAL Company Is
nrof1ting, for It can and does charge
q higher price for Its crud . importa-
tions from its 8monop In Mexico,
sg HOW much SENATOR sAlqrlcn mas put
trust could not be ascertained to day,
The Inter- Continental Is empowered
sbysits charter 10 enga ge In the manu-
facture Of rubber. II goes without
saying that this charter ri ght gives
the Aldrich trust q. vi ow err over the
other trust that Is being utilized when
ever occasion may Il d and + n this
connection, 1t IS recalled that as ia
was departing for Europe a. few " eeks
ago, homas +. Ryan gave out a pres
pared interview. IN Which he asserted
Congo Free State, In Africa, before
he returns homo this fall. q make per-
Ssonal invests gation OF 81 the ny immense
valuable ri her concessions held by
himself and asso eiates In hat region.
Mr. Ryan orr ginall n 8 htained tho
foonoessio Ions rom I he ass Sol ID King Of
sBelgiunl, n Thes a. conc lion ii, " en- de-
Syeloped vii Mconstitut e the most valn-
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