The sun. [volume] (New York [N.Y.]) 1833-1916, 1910-11-29

To acIrIir. them II is alleged that n
| purC hlis..d uu.- half OF the common stock
Of III. American Beet Sugar Company
| aud pat Il under contract not 10 con-
pete and exACted nns-uriarfer Of cent per
pound for all sugar sold by that com
pany This arrangement, SAWS the
Gov rTnm.nt. -continued until 1907. and
the American continued Ia hold stock
IN I'll" COMPANY until iSI9 Since tins
tune the company So far as the Govern
uIrnt knows has been independent
The blli divides all of the bee, sugar
: companies into four groups the Eastern.
he Colorado. the Utah and the Pacific
b coast group In each group " has been
h" policy ~ III. American. says the
Government. TO secure control of com
pAnI's- turning out more than One-hal II
th.. output Of It's particular group. Praofi.
cally each one of tbs. factories now owned
by IN. Michigan Sugar Refining Com
/ p4nv. hs Great Vest rn. the Utah Idaho
and tbs. Alnalgamsted was originally
/ run 10y "A separate and independent com.
p,ny buf ths American. the. Government
alleges. has now acquired their stock
aud has caused thsu to- cooperate ia
business with each other ~ 10 drpriv" The
public of the advant age Of competition
Ia he ease. ~ the Alameda CotnpanE. in
Ia" Fa,ltic coast group. II has made =
'pnrract similar to IN. OH. with IN" Amer
IAN beet Sugar Company aud eAacted
tribute.
q: the output OF ia. can" sugar re-
tiu,ri,-S II IN. COMPANY tn. trust now
cont rol-. according 'n I'll. bill. - per cent
and cont trolls beet sugar COMPANIES Whinh
pFOChiC., about ~ p.'r cent oi the toiai
amount u controls AZ per cen, Of the
nutpu' Of the Eastern group. ~ per 'enf
III the Colorsla" group. la per cent OF
IN" Utah grOup and ID per cent ot me
prr!ti. group Of b-.sr companies OF
he 'utsl refined sugar of every kind con
.lln"d IN the United states. saws he
hil IN n" wear 1919 the Defendant COM
pln.r~. acting IN cooperation and con
,.rr ~ shown. manufactured. sold and
i dis; rlbui III - a par 81 inters'Ht" ana
foreign trad, and commerce over 2.rD.O0
tons. being about ~ per cent "i the
whOl"
In q statement gwen ou' after the suit
was ul.d Yesterday Iaiucs, VI. BECK. the
comnanyS general counsel called at
t.ntiun TO 'ha fact thar IN. courts hal
held IN the knight Cass' hat The COMPANY
was not u monopoly and thi' u hal about
II ter cent ~ the CRlni ~ i sugar trade.
IL requires "A liberal stretch - tn. i'm
ag!nat ION To call 'hIs monopoly. saws
rhl- statement II has cont Inued 10 sell
sugar. SAWS NJ Beck. AT a lower margin
Of profit than formerly. tn. price la-i
war ia New NurIi beng 7Gc ." cont lnunI
h" s,lv~
\ >p-culieL trust cannot - altogether
..yc-ujtuu ~ rh. general movement ~ com
modify prices Thcs" facts Rr" mentioned
h-ra'I-. IN" officials II this COMPANY. while
.n.I-lug confidence. - 10 ~" "urrnil" 81 ~.
.l-i,atIuu fear 'har some III their stock
luld.r- may b. led by tn. present pro
.,.aIn, INTO parting with their shares a. a
-arriN,, The company has NOR" than
in.rsrl Stockholders. man" ~ whom are
r,I.,,art"- and nearly one-hIf - whom
Ar Women The average. holding 81 ~
-tu,N = about ~ shares. ana IT. -Har"- nav"
LONG been held 10y thousands nj investors
chiefly N New England. b-'Cau~. ~ their
stability and lntrIn-i" value Ih"-" IN
y..tor- may be- assured than. whatever tho
~, com. ~ 'hI- litigation may be" 'hi- com
p1uy rnu"rt h" deprived 81 H. properly
II J., lrr.ar when the supreme "urF inter-
r,-. the sherman laH IN rh" Tobacco and
S.tndarI Ol ra-.'-. that m" sugar COM
many IA. IN any poet violating IN" sherman
law. steps viii immediately and voluntarily
H.. taken - comply With the Law a. thus
.iu-rrur...G Th'- would h" don" II th.
,.rr-..nr proceeding had never been begun
Vnr uHl,al- al the Government ar" np'
,rnr. ami ou- 20 enforce the law than IN"
infringement ~ M uumHar ~ - obey IT
,purt,r,a A l.girImat.. hu-Iu.-- enterprise
without -uhJLc'InS themselves ." pro
,r.IIny- under highly technical statute.
.nIf IT,. meaning 90 which he courts dc
no, agree, and about the wisdom oI which
must 'hul,ulFuI men uf all classes are ia
-rr.Or- doubt