The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1910-09-07
MISSOURI COMMISSIONER
REPORTS 10 SUPREME COURT
Gives History bf One Of WORLDS
Most Powerful industrial
Combinations
tBy Associated Press,

JEFFERSON CITY, Mo- sept, Spe'
ial Commissioner Theodore Brace IN
.ha report 10 the supreme court III
ae custer suit filed decided the IN,
lernatioaa Harvester company of
Sew Jersey to be a trust aud com.
aine formed Tor the purpose aud witl
he eaect ~ desuoying competitions
N the manulattnic ana sale Oi nary
sting machinery.
The International iiafy stey com
iany OF America Is declared to be
lsed merely as selling agent by the
New Jersay company III evasion OF
.he Missouri laws " ich prohibit the
licenSng oi the New Jersey concern
by reason Of its enormous capital OF
sIg0.000,OOO.
The snbadiai~ corporation, accord
ing to Commissioner Brace. once had
capital aud now II laa none. lis eX
istence as a separate corporate entity
Is mere fiction to eya1e the laws o.
states whose policy is moi 10 encOnf'
age such vast accumulation OF wealth
and power In the handE Ol a iew as
may in1ure the welfare and prosperity
OF the many whose policy % to keep
open the held Of commercial indus
trlal enterprise to all citizens
Tie commissioned found that the
Mccormick Harvester company. Deer
.ng Harvesting Machine company
Warder. Bushnell, Glesner and com
jany, Plano Manufacturing company
J. M Osborne and company and tle
1ilwaukee Harvesting Machine com
Jany, the latter being a respondent
we're in active competition prior 10
902 In June 1902 Cyrus II Me
.ormick went 10 George W Perklns
II J. p Morgan and company OF New
ork and sought his aid in relieving
competitive conditions from the man
tactrrers viewpoint
According to the finding. Mr. Per-
.ins soon was In communication with
ther have ting machine manufactur
RS and perfected plan whereby the
Mccormick company and other named
companies except the Milwaukee COM
)any ostensibly sold their properties
o william C. Lane, tie commission
,r found, pretended to sell them to
the international Harvester company
The original companies received
itock in the new company apportloh
ed to the appraised value OF the prop
critics and for their bills receivable
stock in the same company equal 10
he same amount The officer of the
original companies. except the MI
waukee, signed practically indentieai
.ontracts at the same time Ia the
office OF the attorney OF J P Nor
san and company
Morgan and company had previous
pufehased the Milwaukee. Lane,
he ostensible purchaser OF the orig
nal companies. tue commissioner
found. was figure heat. The new
ompany was managed by former OF
GERS OF The old companies as was the
nfernationM Harvester company oi
America
The whole stock OF the New Jersey
corporation was transferred TO vot-
ne trnst composed Of George w Per
6lns, CYRUS II. Mccormick and Chai-
les Deefing, who now aaye conlro.
intll 1912. The commissioner round
hat these men practically control
The mower and binder busness anil
aaye potential control of other lines
Of harvesting machinery Ia the Unit
ed States,
Soon after the organization Of The
sn-calied harvester combine the r.
pori SAYS It acquired TIE y. NJ, os
borne company and operated It osien
sibly as an independent concern lot
two years Olher companies acquire
In 1905 were The Columbia Cofdage
company, MeyicaWSisa company, nll
inols Northern Railroad company
Aultman Miller COMPANY. Minnie com
psny, and the Keystone company, tht
last three being maAufaGerefs ,oi
harvesting machinery.
In 1904 IT acquired the keber com
pany and patents OF the Bettendorh
Axle company and in 1906 the KemI
company ia the first tive years th'
salea of the company IN the uniteC
Estates amounted to nearly s2ooe00.
600
In Missouri the company does abou