Omaha daily bee., 1910-08-14

ment that the only element Of truth II
my entire discussion OF the rubber dut!
was that the duty was increased and tina
he was a stakeholder In the company
Rubber Company owns other stock
II stated that the Intercontinental Rubber
company owned the capital stock OF five
other companies in addition TO those
absorbed by the mergers referred to and
that through some OF these companies il
owned several million acres OF land In
Mexico and was producing from Its fac
tories from 10000 to LOO pounds of crude
rubber per month.
This Mr. Aldrich admits in his state
ments, yet he declares that the only element
Of truth in reference to the rubber duty
was the fact that the duty was increased
on the manufactures. and that he was a
stakeholder in the Intercontnental Rubber
company.
II stated also that the IntercontInental
Rubber company owned controlling in
terest in the capital stock OF the American
Congo company, organized through the con-
cessions given by the Belgian government
and It controlled under this concession o.
10000 acres Of land on the Congo in Africa
This Mr.. Aldrich neither affirms nor denies
but he knows 1t is true.
Il stated that since the tariff bill passed
and since the absorbing Of these other
companies by the Intercontinental Rubber
company the price Of manufactured rubber
has advanced to the people of the United
States about Is per cent This Mr.. Aldrich
admits He denied that he or his family
have any interest in any concern manu-
featuring rubber or that the International
Rubber company controls the price OF crude
rubber.
Organised to Control Democrats.
"Mr. Aldrich knows that the Guggen-
helms, Thomas F. Ryan, H. p. Whitney
and himself are the controlling influences
in this Intereontinental Rubber company,
and under its charter, from which 1 have
quoted, It is empowered to transact any
kind Of business on earth except the
preaching Of the gospel, and that IT,
through the Organization Of subsidiary
companies, does transact business in va
rious parts Of the world that 1t handles
large quantities of crude rubber; that it
was organized for the purpose of getting
control Of the market and to supply crude
rubber and do other things, and by the
controlling OF the supply Of crude rubber
that any manufacturing concern in Amer
lea would be absolutely under It's control
THE organization of this holding COM
pany is a developing process in the organ
ization of the rubber business, just as
Rockefeller organized the oil business,
Ryan the tobacco business and the Gug-
genheims the lead and smelling business
"IIe admits that the increased duty on
rubber was an added protection given to
the American manufacturers when 1t was
not needed here. AS a result Of this in
creased duty they could advance the price
to the American consumer without danger
Of competition from foreign sources, and,
therefore, Mr.. Aldrichs company would be
able to sell It's product to them at higher
prices. II they refused to patronize him.
under his charter he has ample powers to
engage In any kind of competition with
them, and would be backed by the Ryans,
the Guggenhelms and Rockefeller, and no
sensible man in business would dare to un-
dertake to compete with these powerful in
terests.
TmDOrtRttOns Decreased.
''Mr. Aldrich further admits that the in
creased duty of manufactured rubber re-
suited in decreased importations. This Mr.
Cannon in Kansas denied and stated in
public address at Emporia that 1 made
false statements in regard to such de-
creased importations. Mr.. Aldrich, in his
SlhteHhcHtp dUHulS was f1SnL ana
that Mr.. Cannon made the Measurements
Mr.. Aldrich admits that the annual produce
ton of from 100000 to 100000 worth
of crude rubber produced in his plantations
In Mexico comes into the United States
without paying any duty or taxes to the
general government and In his own state
ment says that he increased the duties OH
the products of the American factories, his
customers thereby aiding them to monopo-
lice the American market enabling them
to pay him better prices for the raw ma
terial which he had to sell and which they
had to have yet he declares that he had
| no interest in the increasing of duties.
1.-THE long letter submitted from ShaFretts
is one of those ridiculous statements that
this man Sharretts is accustomed to make
to suit the convenience of Mr.. Aldrich
when there is any explanation to be made
in. regard to the tariff bill. 1t is a long
involved effort to mislead and deceive
those who are patient enough to read II
and has no practical bearing on the case.
II should have been glad II Mr. Aldrich
had said something about the lead and
the Guggenheim smelling trust, and about
Mr.. LiDpitt's testimony in regard to the
Incl eased duty on cotton cloths, and. stated
why he put increased duty on those cloths
when the manufacturers said they did not
want It's