The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1910-08-13
Bristow Replies to Rhode Island
er in a Speech.
Accuses Him of Attempting to
Deceive and Mislead.
SHARRETT'S LETTER
He Declares Was Written to Fit
the Occasion.
And Is Only One Of Many Sim
liar Effusions.

Milwaukee, Aug. Ex-senator Joseph
L. Bristow of Kansas in his speech
here last night which he stated was in
reply to the letter of Senator Nelson
W. Aldrich defending himself against
the charges of the Kansas senator re-
lating to the tariff on rubber. launched
into the subject by saying, Senator
Aldrich declares that the Interconti-
mental Rubber company is not trust
and at the same time admits it is
holding company" He accused AlGricn
of attempting to deceive and mislead
with something that "had no practical
bearing on the case.
Senator BriStow then took up MI
Aldrich's declaration that neither ne
nor his family had profited directly or
Indirectly by the tariff on manufacture
ed rubber, adding yet he admits that
he is producing millions OF pounds or
crude rubber per annum, seiling II 10
American manufacturers and that he
Increased the duty on their products
when they did not need it for protec-
tion."
Then referring to his own speech at
Winfield, Kan, on July 8, Sci aLor Bis
tow declared that Mr.. Aldrich took ex-
ception to his remarks on the rubber
duty especially.
HE ignores the other features OF my
speech Mr.. Bristow said.
| Going into the question of organiza-
ticn Of the IntercontinentalR Rubber com
pany, Senator Bristow quotes from MS
own speech, saying that the Contlnen-
tai Rubber company was organized un-
der the laws of New jersey January
29 1903, and that the Continental Rub
Der company of An erica was organic
ed under the laws of New Jersey jan
rary s. 1906, and further that Mr.. Aid
rich says that the first two companies
ramed were subsidiary companies of
the Interccntinental Rubber company
nd that it wned all of their stock and
that they were organized for the sake
OF convenience.
Mr.. Bristow asked, How could they
be subsidiary companies of the Inter-
continental Rubber company and or
ganized for its convenience when both
of them were organized before 1t wasy
Senator Bristow also spoke of the rail-
road legislation in congress along lines
| discussed in his previous speech, lay
| ing great emphasis upon the over cari-
| talization of railroads
Bristow's Speech.
Senator Bristcw's speech in part is as
follows:
| "Mr Aldrich declares that the Inter
continental Rubber company Is not
| trust and at the same time admits that
| it is a holding company which controls
numerous subsidiary organizations that
were organized fer the purpose of hand
| ling the crude rubber business in vari-
| GUS parts of the world.
HE says that he nor his family has
profited directly or indirectly by the
| tariff on manufactured rubber, yet he
| admits that he is producing millions of
| pounds. of crude rubber per arnun1,
| selling It to American manufacturers
| and that he increased the duty on lhei.
products when they did not need it for
protection ard when they already had
control of the American morket and
were exporting manufactured rubber;
! that is, he increased the duty enabling
60. H.
| to the American consumers, and admits
| that they did advance the price, yet he
! says that he nor his family has profited
directly or indirectly. He admits that
dividends had not been paid before the
consolidation of the various companies
| into one and that after the consoiida-
ton enormous dividends were paid, as
| stated in my speech.
I'm my speech at Winfield, Kan, on
July 9, I criticised the Payne-Aldrich
! tariff bill, referring especially to the
duties on lead and lead products, COT
| ton cloth and woolens, especially re-
| ferring to duties on cotton cloths and
manufactured rubber. I declared that
| ties were fixed, not in the interest of
| the people, but of certain trusts, COM
bines and spectators.
'Mr. Aldrich. in signed statement.
| takes exception to my remarks on the
rubber duty especially. He ignores the
other features of my speech. He also
made a number of sarcastic refer
ences to myself and other Republican
senators who saw fit to vote in the
| interest of our constituents, rather
than as Mr.. Aldrich wanted us to-. His
opinion of myself and the other sem
ators is of little consequence but / de-
| sire to call special attention to some
| of the statements of Mr.. Aldrich made
in his explanation He says Tt is. true
that an increase in the rate took place
in paragraph 463. which includes GER
tain manufactures of India rubber.
with other items and it is true that
| am a stockholder and director in the
Intercontinental Rubber company; but
none of the other statements referred
to contain single element of truth
His other Statements.
Now. what were the other state
ments made?
II stated that the Continental Rub
ber company was organized under the
laws of New Jersey, january 20. 1908;
J that the Continental Rubber Company
of America was organized under the
laws of New Jersey, January 5, 1906,
and that the Intercontinental Rubber
company was organized under the
| laws of New Jersey. December 6, 1906.
; Now Mr.. Aldrich says that the first
: two companies named were subsidiary
companies of the Intercontinental
Rubber company and that it owned all
/ of their stock, and that they were or
| ganized for the sake of convenience.
( How could they be subsidiary COM
5 panies of the Intercontinental Rubber
; company and organized for its con-
l venfence when both of them were or
Z. ganized before it was; one OF them al
: most three years before!
"TIe saws that these two older COM
panies surrendered their charters in
1909 for the purpose OF saving expenses
solidated Intercontinental Rubber
: company, filed December s, 1903, shows