The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-08-13
bR|STOW GOES
AF TER ALDR|CH
Kansas Senator Punches Big
Holes in the Letter Reply
ing to His Charges.
SHOWS HOW RUBBER TRUST
AFFECTS THE CONSUMER
Calls Attention to Fact That
Aldrich Ignored Many of
Charges Made.

tMdTSeS Mdues
MILWAUKEE, Aug. 12.-Senator Jo-
seph H. Bristow OF Kansas I'm his speech
here tonight which he stated was In re-
ply to the letter OF Senator Nelson w
Aldrich, defending himself against the
charges OF the Kansas senator relating
to the tnrif on rubber. launched into the
subject by saying:
Senator Aldrich declares that the In
ter Continental Rubber company is not a
trust, and at the same time admits that
It is n holding company"
Senator Bristow then took UP Mr., Aid
riCh's declaration that neither he nor his
family had profited directly or indirectly
by the tariff on manufactured rubber,
saying:
Yet he admits that he is producing
millions OF pounds OF crude rubber PEI
annum, selling II to American manufac-
turers and that he Increased the duty
on their products when they did no. need
II for protection"
Where Adrich Slipped.
Then referring to his own speech at
Winfield, Kan. on July Q. Senator Bris-
tow declared that Mr. Aldrich took ex-
ception 10 his remarks on the rubber
duty especially,
''Hc ignores the other features Of my
speech" Mr.. Bristow said
Going into the question of organization
of the Inter Continental Rubber company.
Senator Brlstow quotes from nis Kansas
speech. saying that the Continental Rub
Der company was organized under the
laws OF New Jersey. January 2l. 1903.
and that the Continental Rubber com
pany OF America was organized under the
laws Of New Jersey January s. 1906
and further that Mr.. Aldrtch says "That
the first two companies named were sub
sidiary companies OF the Continental
their stock. and that they were organ =
lied for the sake Of venlenCc."
Mr.. Bristow asked "Iiow could they be
subsidiary companies Of the Inter-C CONT
mental Rubber company and organized for
It's convenience. when both OF ;hcm We're
organized before II was2N
senator Bcistows speech. In part fol
lows:
Bristow's Reply.
MY. Aldrich declares that the Inter
Continental Rubber company is not u
trust and at the same time admits that
1t Is holding company that controls
numerous subsidiary organizations that
We're organized for the purpose OF han
ding the crude rubber business in varI-
GUS parts OF the world
lie says that he nor his family has
profitcd directly or indirectly by the tar
ifi on manufactured rubber; yet he ad-
pounds OF crude rubber per annum. sell
Ing 1t TO American manufacturers. and
that he Increased The duty OF their prod
ucts when they did not need IL for pro-
lection and when they already had con-
troll OF the American market and were
exporting manufactured rubber: that is
he increased the duty enabling tho man
ufacturers to advance the price to the
American consumers: and admits that
they did advance the price, yet he says
that he nor his family has profitcd d.
rectly or Indirectly.
'He admits that dividends had not
been paid before the consultations OF
the various companies into one. and that
after the consolidation enormous diyi-
dends were paid, as stated in my
speeches
Stands by His Guns.
I'm my speech at Winfield, Kan. on
tariff bin, referring especially TO the du-
ties on lead and lead products, cotton
cloth and woolen, especially referring 10
duties on cotton cloths and manufactured
rubber. / declared that tho duties on
these various commodities were fixed. not
In the interest OF the people, but of Ger
tain trusts, combinations and specula-
tors.
Mr. Aldrich. in a signed statement.
takes exception to my remarks on the
rubber duty. especially. He ignores the
other features of my speech. He also
made number of sarcastic references to
myself and other Republican senators
who saw TIT To vote In the interest of
our constituents. rather than "a Mr.. AID
rich wanted us to. His opinion of my
self and the other senator's is of little
consequence. but I desire 10 call special
attention To some OF tho statements
Mr.. Aldrich made in his explanation
He says: 1t Is true that an increase
In the rate took place In paragraph 463.
which Includes certain manufactures OF
India rubber with other items. and 1t is
true that I am n stockholdcr and d.
30 T,a,. t,,r,. t.1 ~
company: but none OF the other state
ments referred to contain n single ele-
mcnt Of truth
Now. what were the other statements
| made?
Defense of Assertions.
'I stated that the Continental Rubber
company was organized under the laws
OF New Jersey, January ~, 1903; that the
Continental Rubber Company OF America
WAS organized under the laws Of New
Jersey. January ), 1906 and that the In
terContincntal Rubber company WAS or
ganiZcd under the laws Of New Jersey,
that the first two companies named were
subsidiary companies OF the inter- Con-
t!nental Rubber company and that II
owned all Of their stock and that they
were organized for the sake OF convent
cnce. How could they be subsidiary
companies of the Inter-Contjnent Rub
bcr company and Organized Tor It's con
vcnicncc, when both OF them were or
most three years before?
Formation Of Trust.
"Hc SAYS that these two older com
panies surrendered their charters in 1905
for the purpose OF saving expenses and
taxes But the charter OF the Consol-
dated Inter Continental Rubber company
filed December 6. 1909 shows that II had
absorbed these other two organizations
and that the purpose Of the organiza
ton. among the other things. was the
collection. introduction purchase sale
distribution. etc, of gums, caoutchouc
copal, crude rubber. rubber, guttapcrcha
waterproof, impcrvious. hbcrous or plas-
tic materials. articles used in connec'
tlon herewith. or manufactured thereof
or by-products OF such manufacture. the
cultivation, purchase. sale, etc, OF trees
wires. plants. otc.. producing such sub
stances: 20 acquire and hold or dispose
OF processes. patents, trade marks ano
| trade names: TO purchase. or othcrwis,
| acquire the property and assets OF al
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