The sun. [volume] (New York [N.Y.]) 1833-1916, 1910-08-13
BRISTOW BACK AT ALDRICH
SAYS SENATOR ADMITS WHILE
DENYING Tm TN or CHiRGES.
Tho senator In Position 10 DO Business
where No Men In Their senses would
bare Z Undertake To Compete W" says
ThinEs IIr " Oulsi Lite tn Hear About

RTlstOw OF Kansas lo-hlkh's HlF@N'"N
before an audience Of supporters Of N"na-
tor la Toilette. made ms formal reply To
the rubber tarir statement ISSUED yeSt"r-
day Nv senator hldrch
he starts ont with statement that
SENATOR Aldrich admits that the tarih on
rubber was increased on grades which
dat not need protection and that Hnc" ne
tarlT was imposed the consolidated
rIhher companies. which never h"'"r"
paid dividends. haV" heen paving enor-
nous dividends
And vet sad senator Bristow, he
saws that he and his fauily did not h"neht
10y the change
IN. statement goes on 20 take up IN
detail the statements OF senator AldriCh
and asserts that each point made 10y the
Eastern statesman ~ a confirmation 81
tho orr ginal Bristow charges IN" >"na-
tor SAYS
MIR Aldrlch declares that IN" Inter
continental Rubber Company - not -
trust and az m" sam" tim" admits ihai
~ i a holding company which controls
numerous subsidiary organizations thA'
w"r" organized for IN" purTns" It handling
& tn. crude rubber business m Various parts
If tn" world he saws that n"ith"r ID"
nor his family has protit"d dir"c'N ~
indirectly hy the tarIH On manufactured
rubber. vet h" admits that h" - pro
duclnE mIlhcn, of pnuads Of crld" rlhh"r
per annum. selling II 10 American manu-
farturprs. and that he increased m" duir
on their products when they did not n"'~i
u for protection and " hen hoy already
had control NJ tn American market and
werc eNportinE manufactured rubber.
that - he increased IN" duty enabling
the manufacturers :" adVanC" IN" pric"
to IN. American c"n-ur"rs. and admits
thai thav did aivanc" 'he prtc" vet h"
Saws thar h" nor his family hs~ pr"ht"t
directly or indirectly n" admits that
dividends had not h"en paId h"ior" IN"
consolidation 81 IN" various conn. MES
into one and that after the consolidation
enormous div idrnds were paid. - stat'Ni
IN nv speech
In nv speech AT Wiun"li. Kan ON
July criticised IN" PAYNE Nldrich
tarIn biil referring especially T. IN"
dutia. ~ lead and lead products CT "a
cloth and woollens. -i"cinlly referring
Z, duties on cotton cloths and manu-
far,urad rubber | ic'hr"i that m"
duties On thc-. various commodities ~"r"
fixed not m the interest # the p"orl" but
of certain trusts. combines ana -i"rl-
latnrs Mr. AiiriCh then m a -Icn"t state
mcnt takes exception - my r"marN- on
IN. rubber duty especially N" ignores
the other features 81 INV -T"sCh "" al-'
made a number If sarcastic reference -
myself and other Republican senators
who siw ~ - vot" m In" interest e oar
constituents rather than ~ w Ahrl"h
waut"r ~ t. HI nplnI'n 1T myself and
~ the utuc- S"uat - I- ~ litl" DrrS'-
n,i.u,s. nut | desire = call -p'-'ial at'sr-
ION >, some Of the statements & Mr..
\ltrtrn m h,- explanation
H, saws II Is tr,I" that an rncreas"
IN the rate took place ~ paragraph ,n5
which includes certain manufactures u
India rubber with other toms and u ~
,ru. that am a -tpckh"ld-r and director
IN ,h. Ipterrontinantal Rubber Company
hut none of IN" other statements r"t"rr"i
e. contains sIngl" element ~ truth
Vow what we're tn" other statements !
,,ad.s | stated that tn" Continental
Rubb.r Company was prganil'~i under
81. Laws ~ New Jersey January "a. 1913
mat m. Continental Rubber Company ~
Aut.riDa wa orgaui]rd pnd"r ~" avs ~
N.v Jersey January : 1874. AMI that ~"
Iu,r-rpntln.utal Rupher Company Nas
rrglrt,,.i under m" ltN- q N"H Jersey
. I....nl,,- =. 1919
Now Mr. Aldri'h avs 'ha' N" first
~, rnmfAnI@- nain"d w"r'' -uhSIdidry
,.upaul-- Il m. lut"rupr'In"n'si RVn'-.r
.,,,tany and nat ~ DWu't All ~ their
stock and that they w"r" organized
. F.r IN. -ak" II convenience How could
they H.. -uh-idiary companies ui the
Int..rcnntin"utal Ruht-'r company and
n-ganiZ.d for IT, convenience. when hOth
,f them w-T. 81 gained b-fpr" % wa-
,,u, Il Thorn almost tnr"- years t"ior"'
Hr says that thp-" two ohI"r conn dEi.'-
.urr,.nd-r"d their charters ~ 1879 Tor IN"
,.,irf..,-.. II saving eNp"U-.r and taN--
Hut I'm. charter uf the consolidated Inter
continental Kupbrr Company filed b"-
. ,.,nl..r p laGa shows thai . ahsDri,~,i
'u..-. other TWO organizations and that IN"
ilurlpo-.-- 81 th" corporation. among other
things war" tn" collection. production.
rtIrrha-. sal" dI-tri.TItI"n, B. 81 gIrn-
4 CauutChoaIc. CTrId" rubtS.r. rubber. fl
brous or plasti" materials. OF ARTICLES
u--d IN connection tn"r"w IN. and many
other purposes
! The, sweeping bowers enumerated are
a very interesting way q saving "Np"nS.s
stated that this ln'erCOntIn"utal
7 cprnpa after these mergers were com
piatsd had within thr'r months and four
davs pad on - preferred stock diyI-
lends aggregat'ng 49, T"r cent. Ihl-
Mr. AldrlCh m substance admits though
h, sad m his first statement that the only
clement 81 truth IN my en'r" discussion
81 the rubber duty vas thar IN" duty was
lnCTt-a-fNl anu Allh' lA' - a TN'F' hil'l'l'l
10 IN" company
+ stated that N" lut"rConf mental Rub-
ter Company owned tn" capital stock e
five other companies m addition - thps"
absorbed Nv the mergers referred 20 and
that through some e thes" companies
- owned several millions e acres - land
IN Mexico and was producing from -
factories from 80 OsI a. ,IDHSE pounds
g ,rtd. r.lbh"r j'er month
This Mr Aldrich admits ~ h,- state
'reut. though 10" declares that ia" only
clement at truth IA r"'"reuc" 10 ~"
rrIbb..r duty WIS ~" fact that 10" duty
vas increased on IN" manufactures
and that ~" wa- a STAKEHOLDER ~ tl"
Iut.rconfiuental Rubber Company
stated also that IA" lni"T'pntInouiil
Rubb"r Company owned cpntrolirug
interest ~ the capital stock - the Amer
ssu Congo Company organized ihrpug'
10" cuuopSsiOn gwen 10y ~" Belgian
olcrutn.ut and that II controlled under
this s,su's-sIOn .JStsI acres 'i band
10 th" Congo This Mr. Altrl"h n"ith"r
anIrru- nor doni"~. hut he knows ~ l- rI."
o. stated that zinc" III" tari0 had passed
and -tn,-. the absorbing - th">" other
f.l