Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1910-08-13

Dr BY .pfOductS OF 6uch mdnufacttrA ~
cultivation. purchase. sale. etc, Of No.
trees. plants. etc. producing such -
stances: to acquire and hold, Or dssx,s.
or processes, patents, trade marks s3s
trade names; to purchase or otiter.s..
acquire the property and assets ~ "a
kind. Of any person or corporation, an I.
dispose Of the same; to purchase -
hold or dispose Of stocks and bonds. q
borrow money and to issue bonds, deksk
lures. or other obligations. etc. to 80.
into contracts; to construct and ooetls.
workshops. factories. machinery, etc s.i
construct, maintain, operate. etc. ~
lines, gas works. reservoirs. water posir
highways, etc: to construct and opetsts
railroads for the transportation Of ~.
sons, materials. supplies, ETC.; to deyel5A
town and town sites. to keep stores ~
to produce and deal In agricultural M.
ducts, food, beverages, drugs. furuiturs
machinery, tools. supplies. goods, wars
merchandise and manufactures: to min.
dig, cut and deal in machinery or apo1,.
atus which can be used for any OF il
aforesaid objects; and to generally CARR
on the business Of mining; to engage 4
any and all commercial exploitation IA
Importation and any business and ~
ploitation whether commercial, industrial
manufacturing. mineral. terrestrial AZ
cultural or otherwise. under the laws u
New Jersey; to purchase and deal in feaI
estate in the United States and foreign
countries and to, acquire franchises ana
dispose of same; to engage In business
sue and be sued in the United States and
foreign countries; to do any and all act,
incidental. desirable. necessary. essential
and conducive to the attainment of anv
Of the foregoing objects.
These sweeping powers are a very IN.
teresting way of saving expenses.
II stated that the Intercontinental
Co. after these mergers were com.
pleted. which was on the sixth day d
December, 1909. had within thru
months and four days paid on its pre-.
ferred. stock dividends aggregaiius
1872 per cent. This Mr.. AIdrich in sub.
stance admits. though he said In his
first statement that the only attempt
of truth in my~entirc discussion Of the
rubber duty was that the duty was in.
creased and that he was stockholdef
in the company.
II stated that the Intercontinental
Rubber Co., owned the capital stock Of
five other companies in addition to
those absorbed by the mergers referred
to, and that through some of thee
companies 1t owned several million Of
acres of land in Mexico and was pro-
ducing from it's factories from 100000
to l,10G, 900 pounds of crude rubber pr
month.
This Mr.. Aldrich admits in his state
ments. but he declares that the only
element of truth in reference to tina
rubber duty was the fact that the duty
was increased on the manufacture and
that he was a stockholder in the Inter
continental Rubber Co.
IT stated also that the Interconti-
| mental Rubber Co., owned controlling
| interest in the capital stock 10 the
American Congo Co.. organized through
| the concession given by the Belgian
| government and that it controlled un-
der this concession 100000 acres Of
land on the Congo in Africa. This Mr.
| Aldrich neither affirms nor denies. bul
he knows 1t Is true.
| Il stated that since the tariff bsn
| passed, and since the absorbing q
these other companies by the Inta'
continental Rubber Co. the price q
manufactured rubber has advanced q
| the people Of the United States abcui
! 25 per cent. This Mr.. Aldrich admit
| He denies that he or his family hse
| any interest in any concern manufst
turing rubber or that the Intercont
| mental Rubber Co. controls the price 4
crude rubber. Mr. Aldrich known tug
the Guggenheims. Thomas F. Ryan
H. p Whitney and himself are ~
controlling influence in this Intercon
| tinental Rubber Co., and under ~
| charter from which have quoted i'll
| empowered to transact any kind q
business on earth except preaching the
Gospel. and that. 1t through the organ
| ization Of subsidiary companies. doeg
| transact business in various parts O
the world: that it handles large guam
titles of crude rubber: that it was or
ganized for the purpose of getting con-
| troll of the. market and to supply cruoe
rubber and do other things and "
| the controlling of the supply of CRUDE
rubber that every manufacturing con-
Germ in America would be absolutely
under its control. The organization q
this holding company is a developing
| process in the organization Of the ruc-
Der business just as Rockefeller o.
ganized the oil business. Ryan the 10
bacco business and the Guggenheims
the lead smelling business.
"He admits that the increased duty
| Of the manufacturers of rubber was sn
added protection given to the Americas
| manufacturers when it was not mesa.
ed; that as result of this increases
duty they could advance the price %
the American consumer without gan
ger Of competition from foreieu
| sources. and therefore Mr.. Aldricns
| company would be able to sell its proc
uct to them at higher prices. II tns,
refused to patronize him. under ~
charter. he had ample powers to e e.i
gage in any kind OF competition VIM
them and would be backed by ~
Ryans. the Gusgenheims and Rocks'
fellers and no sensible man in pu.f
ness would desire to undertake to con-
pete with those powerful interests
Bristow Avows He 10 Truthful.
Wauketsha, Wis, Aug l2,-Sensteu
Bristow Of Kansas sDeakinr here ~