Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-08-13
TRADE CONTROL ALLEGED
Says Tariff Was Raised to Benefit
Aldrich's Customers.
NO NEED FOR THE INCREASE
Declares His Statements Are True
and He Has Not Gone to constit-
uents With Lie on His Lips.

| hSSHd yesterday AFTERNOON SOiNSi iih6
Speaker Cannon and Senator Aldrich,
said:
Il made those statements about those
gentlemen, and what I said is true. l am
not going down to Washington to work
for two years and then return to my con-
Isttuents with lie on my lips just be-
cause Cannon and AIdrch want me to.
Senator Bristow last night. in a speech
here, made reply to the letter of Senaor
Aldrich. wherein the latter defended HIM
self against the charges of the Kansas
senator relating to the tariff on rubber.
Senator Bristow said in part:
Mr.. Aldrich declares that the Inter
continental Rubber Company is not a
! trust, and at the same time admits
that it is holding company which con-
trolls numerous subsidiary organizations
that were organized for the purpose of
| handling the crude rubber business in
various parts of the world.
Quotes Aldrich's Admissions.
''He says that neither he nor his family
| has profited directly or indirectly by the
tariff on manufactured rubber. yet he adj
mits that he is producing millions OF
| pounds of crude rubber per annum, SELL
| ing it to American manufacturers, ana
| that he increased the duty on their prod
| ucts when they did not need 1t Tor pro-
| lection and when they already had con-
| troll of the American market ana were
| exporting manufactured rubber that Is,
| he increased the duty enabling the manu-
! facturerS to advance the price 10 the
| American consumers, and admltS ihd,
they did advance the price, yet he says
| that neither he nor his family has pront-
ed directly or indirectly. He admits that
dividends had not been paid before the
| consultations of the various companies
| into one, and that after the consultations
| enormous dividends were PAID, as stated
! in my speech.
| In my speech at Winfield. Kan. July
I criticised the Payne-Aldrich tariff bill,
referring especially to the duties on lead
and lead products, cotton cloth ana
wooden, especially referring to duties on
| cotton cloths and manufactured rubber.
/ declared that the duties on these various
commodities were fixed not In the interest,"
of the people. but of certain trusts. COM
| bines and Spectators. Mr.. Aidrlch IN a
signed statement takes exception to my
remarks on the rubber duty especially.
Other Charges Ignored.
He ignores the other features of my
speech He also made a number of sar-
castle references to myself and other re-
publican senators who saw fiji to vote in
| the interest of our constituents rather
than as Mr.. Aldrich wanted us to.
| His opinion of myself and the other
| senator's is OF little consequence, but L
desire to call special attention to some
of the statements Mr.. Aldrich made in
| his explanation. He says:
LIT is true that an increase in the
! rate took place in paragraph 463. which
| includes certain 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 a single element of truth.
| II stated that this 1ntercontinenta!
| company. after these mergers were COM
| pleted which was on the 9Th day of De-
| cember, 1909, had within three months
! and four days paid on its preferred stock
dividends aggregating 1872 per cent. This
| Mr.. Aldrich in substance admits, though
| he said in his first statement that the
| only element of truth in my entire dis
! cussion of the rubber duty was that the
! duty was increased and that he was a
| stockholder in the company.
Mexican and Kongo Output.
| II stated that the Intercontinental
Rubber Company owned the capital stock
of five other companies in addition 10
those absorbed by the mergers referred
to- and that through some of these COM
panies it owned several million acres OF
land in Mexico and was producing from
its factories from 100000 to 100000
pounds of crude rubber per month.
This Mr.. Aldrich admits in his state
ments. but he declares that the only ele.
ment of truth in reference to the rubber
I duty was the fact that the duty was in
creased on the manufactures and that he
I was a stakeholder in the Intercontinen-
tai Rubber Company.
II stated also that the IntercOntinenta
Rubber Company owned controlling in
| terest in the capital stock of the Amer
lean kongo Company. organized through
the concessions given by the Belgian gov
eminent, and that it controlled under thi.
concession 100000 acres of land on the
kongo in Africa This Mr.. Aldrich mel
is true.
A Trust, Bristow Reasserts.
Il stated that since the tariff bill passed
and since the absorbing of these other
companies by the Intercontinental Rub
Der Company the price of manufactured
rubber has advanced to the people of the
United States about p per cent. This Mr.
Aldrich admits.
He denies that he or his family have
any interest in any concern manufactur
ing rubber or that the Intercontnenta
Rubber Company controls the price o.
| crude rubber. Mr.. Aldrich knows tina
the Guggenheims, Thomas f. Ryan. II
p. Whitney and himself are the contro
ling influences in this lntercontlnenta
Rubber Company. and under its charter
from which ! have quoted, it is empow
| cred to transact any kind of business OF
| earth except preaching the Gospel and
| that it, through the organization of sub
| sidiary companies does transact bushes!
| in various parts of the world: that i
handles large quantities of crude rubber
| that il was organized for the purpose o
| getting control of the market .sld to sup
| ply crude rubber and do other things
and by the controlling OF the supply o
| crude rubber that every manufacturing
concern in America would be absolutel.
| under its control.
The organization of this holding com
pany is a developing process in the or
!, ganization of the rubber business just a:
Rockefeller organized the oil business
. RYAN the tobacco business and the Gug
genheims the lead and smelling business
Added Duty Not Needed.
He admits that the increased duty or
the manufactures Of rubber was an add
ed. protection given to the American
manufacturers when it was not needed
: that as a result of this increased duty
they could advance the price to Tho
, American consumer without danger o.
competition. from foreign sources, ant
therefore Mr. AldriCh's company would
/ | be able to sell its product to them a
higher prices II they refused to patron
4 ize him under his charter he has ample
: power to engage i'm any kind of competi