Los Angeles herald., 1910-08-12
ALDRICH SCORES
KANSAS SENATOR
Tariff Leader Takes Fling at Sum-
flower State SoIon and
His Associates
DECLARES BRISTOW FALSIFIES
Rhode Islander Denies He or His
Family Benefited by High
Rubber Duty
DECLARES BRlSToW FALSIFIES
CONTINUED from Page One,

mOntnS OF tne present year, anu lilttl
the increase in rates was brought about
with this end in view.
at is true that an increase in the
rates took place in paragraph 46S,
which included certain manufactures
of India rubber, with other items, and
it is true also that I am stockholder
and director in the Inter-Contnental
Rubber company, but none of the other
statements referred to contain a single
element of truth. l should be glad to
think that in these statements Sena-
tor Brist6w had been cruelty imposed
upon by some designing person, as
do not like to believe that any senator
could be guilty of deliberately manu-
featuring statements so false in every
particular.
DENIES HE Is BENEFITED
"Neither the Inter Continental Rub
ber company, nor l, nor any member
of nv family, has ever had any pc
cuniary interest as to whether the rates
for manufactures of rubber were 20,
80 or 300 per cent, or whether crude
rubber was on the free or dutiable
list
1.-THE er-Continental Rubber com
pany was incorporated in 1906 with the
general powers of a business corpora
ton. There has been no change what
ever. either during or after the session
of congress, since that time in the busi-
ness or control of the company, or IN
the purposes for which it was organ
lied. these all being established at the
time of organization, long before the
tariff act of 1909 was ever thought of.
",rhe company is, and has been, the
owner of stock-the entire amount IN
every case but one-in subordinate
companies, organized for purposes OF
convenience in the conduct of the busi-
ness of producing crude rubber in
various parts of the world. The char
ters of two of these companies were
surrendered in 1909 for the purpose of
simplifying the general organization OF
the business and saving expenses ana
taxes.
HAS NO OUTSIDE INTERESTS
"Neither the Inter- Continental Rub
Der company nor any of its suoor-
dinates-and in this l include the two
companies whose charters were sur
rendered in 1909-have now or ever
have had any interest whatever, direct
ly or indirectly, in any business. ex-
cept in the production of crude ruoper.
in countries outside of the United
States, and in the sale and delivery OF
it's crude rubber product in available
markets here and abroad.
Neither the ter-Continental Rub
ber company nor any OF its subor-
dinate companies have ever had the
slightest interest, direct or indirect, in
the manufacture of any article COW
cred by the change in rates on rubber
manufactures in the paragraph al
luded to, or otherwise; and neither the
Inter-Continental Rubber company nor
any of it's subordinate companies have
ever had any part in any combination,
agreement or arrangement or under
standing with any company or person
with reference to any manufactured
product of rubber or the price OF any
such product.
COMPANY NOT A TRUST
"The Inter Continental Rubber COM
pany is not in any sense nor of any
lxind-good or bad-a rubber trust. 1t
was never-and no one connected with
il was ever-in combination, or agree
ment. or arrangement with anybody
with reference to the production, or
control, or attempt to CONTROL the price
of crude rubber, or of any manufac-
lures of rubber. The only relations 1t
ever had with any rubber manufactur-
ing concern have been solely with
reference to the sale and delivery of
its crude products. 1t had at one time
serious differences with a subordinate
company of the United States Rubber
company with reference to the quality
of rubber delivered. These were after
ward reconciled to mutual satisfaction,
but the arrangement of these diff
ferences in a new contract involved no
new subjects and is the only arrange
ment of any kind that we have ever
had with this company or any other
with reference to my personal in
terest in the matter, I will say that for
ten years ] have been greatly inter-
ested, financially and otherwise, in the
development of plans for extracting
crude rubber from vines, shrubs and
trees by scientific chemical and me-
chanical processes, instead of the old
fashioned tapping method now in gen.
eral use.
OTHER COMPANIES NECESSARY
"The formation of the companies to
which | have alluded was for the nee
essary organization of this business in
various parts of the world. There
never has been any attempt at con-
cealment on my part or any reason
for cOncealment of my deep interest IN
this development.
"The measure of success which has
been achieved by the young men who
have had the management OF the COM
panies has been a source of satlstac-
ton and pride to me.
Among other things accomplished is
the yearly production in Mexico by
our company from the Guayule shrub
of about 100000 pounds of crude
rubber; other companies producing in
Mexico about an equal amount. To
accomplish this an entirely new indus
try was established. Fifteen years
ago the Guayule shrub on the Mex
lean plains and the lands on which 1t
grew were practically valueless. We
expect in time to accomplish approx
innate results in other countries. l
have no apology to make for my part
(Which has been unimportanD IN this
work.
I'm the success attained the tariff of
the United States has played no part
whatever. The price of crude rub
Der is fixed in the markets of the
world by the inexorable law of sup
ply and demand. 1t is governed by
auction sales at London and Antwerp
DEMAND INCREASED PRICES
"The great increase in the price in
recent years is undoubtedly owing to
the enormous increase in demand for
automobile tires and for electrical and
other industrial uses with no CORES
ponding increase in the available sup
ply. The change in our tariff of 5
per cent on very limited number of
the manufactures of rubber, in August,