The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1910-08-12


that the increase in rates was brought
about with this end in view.
The True and the False.
1T is true that an increase in the
rates took place in paragraph 463,
which included certain manufactures
of India rubber with other items, and
it is true, also, that am stockholder
and director in the Intercontinental
Rubber company; but none of the
other statements referred to contain
single element of truth. 1 should De
glad to think that in these statements
Senator Bristow had been cruelty i'm
posed upon by some designing person,
as I do not like to believe that any
senator could be guilty of deliberately
manufacturing statements so false in
every particular.
Neither the IntercontfnentaI Rub
Der company, nor I, nor any member
of my family has ever had any
pecuniary interest as to whether the
rates on manufactures of rubber were
go 35 or 300 per cent, or whether crude
list. --..
1.-THE International 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
business or control of the company or
in the purposes for which IT was Or
ganized, these being all established at
the time of organization long before
the tariff act of 1909 was ever thought
of.
THE company is and has been the
owner of stock, the entire amount IN
every case but one, in subordinate
companies. organized for purposes or
convenience in the conduct of the
business of producing crude rubber IN
various parts of the world. The
charters of two of these companies
were surrendered in 1909 for the pur-
pose of simplifying the general organ
ization of the business and saving ex-
penses and taxes.
Neither the Intercontinental Rupper
company nor any of its subordinate
companies, and in this include the
two coynpanies whose charters were
surrendered in 1909, have now or ever
have had any interest whatever direct
Nv or indirectly in any business except
in the production of crude rubber IN
the countries outside OF the Unlteo
States and in the sale and delivery OF
its crude rubber product In aValidple
markets here and abroad.
No Interest in Tariff.
Neither the Intercontinental Rubber
contrary nor any Of it's subordinate
companies have ever had the slightest
interest direct, or indirect, in the man
ufacture of any article covered by the
change in rates on rubber n1anuIac-
lures IN the paragraph dAAd0CA ~.
otherwise; and neither the Intercontl-
mental Rubber company nor any OF us
subordinate companies have ever had
an part in an combination, agree
ment, arrangement or understanding
with any company or person with ref
renee 70 any manufactured products
Of rubber or the price of any such
products.
.s'The Intercontinental Rubber COM
nany is not in any sense nor OF any
kind, good or bad rubber trust. II
was never. and no one connected with
II was ever, in combination or agree
1snent or arrangement with anybody
with reference to the production or
control, or attempt to control the price
of crude rubber, or of any mancfac-
t,1re of rubber. The only relations it
| ever had with any rubber manufactur-
| ing concern have been solely with ref
erence to the sale and delivery of its
| crude products. 1t had at one time diff
| ferences with a subordinate company
! Of the United states Rubber company
with reference to the quality of rubber
| delivered. There were afterward rec
| cnciled to mutual satisfaction; but the
| arrangement of these differences IN
new contract involved no new subjects,
and is the only arrangement of any
kind that we have ever had with TINS
| company or any other.
with reference to my personal in
| terest in the matter, will say that for
ten years have been greatly interested,
| financially and otherwise, in the devel-
opment of plans for extracting crude
| rubber from shrubs. vines and trees by
| scientific chemical and mechanical pro-
cesses instead of the old-fashioned tap
ping method, now in general use.
Nothing to Hide.
THE formation of the company to
| which 1 have alluded was for the nee
| essary organization of this business In
various parts of the world. There has
never been any attempt at concealment
! on my part, or any reason for conceal
nent of my deep interest in this de-
| velopment. The measure of success
| which has been achieved by the young
| men who have had the management OF
the companies has been a source OF
satisfaction and of pride to me. Among
ether things accomplished is the year
" production in Mexico by our COM