The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-11-29
UNCLE SAM DEMANDS THAT
SUGAR TRUST BE DISSOLVED
Continued from Page One.

large percentage of the OUTPUT of sugar
in this country. This combine is also,
the government alleges, able to fix
prices arbitrarily. The petition charges
that for years the companies have vic
lated the law and have suppressed com.
petition and ground competitors out of
existence Railroad relates and customs
frauds arc mentioned as devices which
were employed TO raise the combine to
the comma manding position which it oo-
cupies today @
Long Fight Expected
The present suit, which it is estimated
will be in the courts for two years be-
fore final adjudication is reached, is
the result of many weeks of prepara-
ton. District Attorney Wise made his
investigations under the direction of At
torney General Wickersham and spent
several hours in Washington last week
comforting with the attorney general on
the final plans,
The suit is expected to rank in i'm
portance with those of the government
against the Standard Oil company and
the American Tobacco company, which
are now pending in the supreme court.
Opposed to the government in the
struggle will. be some of the most able
corporation lawyers Of the country.
James M. Beck. former assistant United
sci for the American Sugar Refining
company, will lead the attack On the
government g position. The fling of the
suit was simple process. The govern
ment IS petition, in printed form, was
handed to the clerk of the district
court by the district attorney. Mr. Wise
declined to make any comment.
Mr.. -Ceck said the sugar combine was
not monopoly, but that if it appeared,
yuh 10 ha nj
Sherman law in the tobacco and oil
cases, that the sugar company was IN
any respect violating the law, steps
would be taken Immediately to comply
with the law as thus interpreted. o."
One Of the allegations is that the late
II. o. Havemeyer of New York, for a
long time head OF the sugar combine. re-
ceived $10.000,000 common stock of the
National Sugar Refining company of
New Jersey as a gift at the time the
corporation was formed to take into the
combine four independent concerns
the National Sugar Refining company.
run, by B. H. Howells Sons Co.; the
New York Sugar Refining company of
Long Island City, N. Y. operated by
Refining company of Brooklyn and the
| w, J McCahan Sugar Refining company
of Philadelphia. These companies up
| TO 1900, were independent and it is said
the American company was determined
TO acquire them.
Havemeyer' Big Slice.
Under a plan .inaugurated by Mr..
Hayemeyer, John f. Parsons and James
H. Post the National company was
formed and took the four plants, Mr..
| Post obtaining options on them. When
the new stock was delivered. the peti-
tion sets forth. Post delivered 100. 900
shares of common stocks, the entire is
sue. with par value of Sl0.o00,000. 10
Mr.. Havemeyer The petition says the
shares "were issued in the first instance
contrary TO law in violation lof the cor
poration Is franchise and for no consid.
4 Grafton. as both said Post and Have
!meyer then well knew
The government alleged that when
the American company took over four
| Philadelphia comprehensive Frnuklin
Sugar Refining company. the Spreckels
Sugar Refining company. the Delaware
Sugarhouse and the L. c.. knight com
|pany-Mr. Havemeyer and his brother,