The Washington herald., 1910-08-13

from It's AdttOIleS from oUO.OyO 10 l,lvVVJv
pounds OF crude rubber per month.
This Mr. Aldrich admits in his state
ment though he declares that the only
element OF truth in reference 70 the rub
Der duty was the fact that the duty was
increased on the manufacturers. and that
he was a stakeholder in the Interconti-
mental Rubber Company. / stated also
that the lntercontinental Rubber Com
pany owned controlling interest in the
capital stock OF the American Congo
Company organized through the conces-
sion given By the Belgian government,
End that II controlled, under this con-
cession, 100000 acres OF land in the
Congo. This Mr. Aldrich neither afirms
nor denies. but he knows II is true.
Advance of Rubber.
Il stated that since the tariff had
passed and since the absorbing OF these
other companies by the IntercontinentaI
Rubber Company the price OF manufac-
tured rubber has advanced to the people
OF the United States about % per cent
This Mr.. Aldrich admits He denies that
he or his family have any interest in any
concern manufacturing rubber. or that
the Intercontinental Rubber Company
controls the price OF crude rubber
Mr.. Aldrich knows that the Guggen-
helms. Thomas f. Ryan. II. p. whitney,
and himself are the controlling influences
In this Intercontinental Rubber Company.
and thet under its charter, from which
have quoted, II is empowered to trans
act any kind OF business on earth. ex-
cept preach the Gospel and that through
the organization Of subsidiary companies
1t does transact business in various parts
Of the world: that il handles vast guam
titles Of crude rubber: that Il was or
ganized for the purpose OF getting contro.
Of the market and to supply crude rub
Der and do other things, and by the CON
trolling OF crude rubber that every man
ufacturing concern in America would be
absolutely under its control. The or
ganizatiOn Of this holding company IS a
developing process IN the organization of
the rubber business. Just as Rockefeller
organized the oil business. Ryan the to-
bacco business. and the Guggenheims the
lead and smelling business. and this Mr..
Aldrich knows.
Protection Not Needed.
He admits that the increased dut on
the manufacture OF rubber was an added
protection given to the American manu.
facturers when IL was not needed: that
as result OF this increased duty they
could advance the price 20 the American
consumer without danger OF competition
from, Fo~efpv, so,,rcoo a,s +ho-or.-. ~.
Aldrich's company would be able to sell
its product to them at higher prices. II
they refuse 10 patronize him, under his
charter he has ample powers 20 engage
in any kind OF competition with them.
and would be backed by the Ryans. the
Guggenheims. and Rockefeller. and no
sensible man IN business would dare IN
take 20 compete with those powerful IN
terests.
Mr.. Aldrich further admits that the In
creased duty on manufactured rubber re-
suited IN decreased importatlons. This
Mr. Cannon, in Kansas. denied. and
stated in a public address at Emporia
that ne made false statements IN regard
to such decreased Importation Mr.. AL
drich. in his statement admits that he
was right and that Mr.. Cannon made the
nisstatements. Mr.. Aldrich admits that
the annual product OF from $s0.0oO.00 TO
$o.0O0o09 OF crude rubber produced on his
plantations in Mexico comes into the
United States without paying any duty
and taxes 10 the general government. and
in his own statement says that he in
creased the duties on the products OF the
American factories, his customers, there
by aiding them 10 monopolize the Ameri-
can market enabling them TO pay him
better prices for the raw material which
he had 20 sell and which they had TO
have. vet he declares that he had no in
terest In the increasing OF the duties.
THE loEg letter submitted from ShA-
rett is one OF those ridiculous statements
that their man Sharett is accustomed 10
make 10 suit the convenience Of Mr.. Al
drich where there is any explanation TO
be made In regard TO the tariff BILL II is
a long-involved effort 20 mIslead and de-
celve those who are patient enough 10
read It, and has no practical bearing on
the case.
Il should have been glad II Mr.. AIdrich
had said something about the lead and
the Guggenheim smelter trusts, and also
about Mr.. Pipp!tt's testimony in regard
60 the increased duty on cotton cloths.
and stated why he put increased duty on
those cloths when the manufacturers said
they did not want It."