The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1910-08-13
BACK AT ALDRlCH.


duction, purchase, sale, distribution,
etc, or gums, caoutchouc, copal, crude
rubber, rubber guttapercha, water
PROOF, inpervious, fibrous or plastic
material or articles used in connection
herewith or manufactures thereof or
oy-products of such manufacture, the
cultivation, purchase, sale, etc, OF
tree, vines, plants, etc, producing the
substances; to acquire and hold or dis
pose Of processes, patents, trade marks
and trade names, to purchase or TO
otherwise acquire the property ana as
sets of all kinds of any persons or cor
poration and to dispose Of the same;
to purchase and hold or dispose or
stocks and bonds; to borrow money
and to issue bonds, debentures or otn-
Ell obligations, etc; to enter into con-
tracts; to construct and operate WORK
shops, factories, machinery, etc-; 10
construct, maintain, operate, etc, pipe
lines, gas works, reservoirs. WalSI
power. highways, etc; to construcl
end operate railroads for the transpo.-
tation of persons, materials, supplies
ETC.; to develop town and town sltes;
to keep stores and to produce and deal
in agricultural products, 1000, peNel-
ages, drugs, furniture, machinery
tools. supplies. goods. wares, merchdn-
disc and manufactures; to mine, dig
out and deal in machinery or ap-
paratus which can be used for any OF
the aforesaid objects and generally TO
carry on the business OF m1nlng' 10
engage in any and all commercial ex-
portation and importations and any
business and exploitation. whether
commercial. Industrial. manufacturing,
mineral terrestrial, agriculture or oth-
erwise. under the laws of New Jersey;
to purchase and deal in real estate ~
the United States and foreign coun,
tries and to acquire franchises ana
dispose of same: to engage in business,
s. q and be sued. in the United states
! foreign countries; to do any ana
All acts Incidental desirable. neces-
sary. essential or conducive to the at
tainment of the foregoing objects
"These sweeping powers are very
interesting way of saving expenses.
Merger and Dividends.
IT stated that this Intercontinental
Rubber company, after these mergers
were completed, which was on Decem-
Der 6, 1909, had. within three months
and four days, paid on its preferred
stocks dividends aggregating 49, per
cent. This Mr.. Aldrich, in substance,
admits, though he said in his first
truth in my entire discussion of the
rubber duty was that the duty was in
creased and that he was stakeholder
in the company.
81 stated that the Intercontinental
Rubber company owned the capital
stock of five other companies in addl-
ton to those absorbed by the merg-
ers referred to and that through some
of these companies it owned several
million acres of land in Mexico and
was producing from eight hundred
thousand to eleven hundred thousand
pounds of crude rubber per month.
This Mr.. AIdrich admits in his
statements, yet he declared that the
only element of truth in reference to
the rubber duty was the fact that the
duty was increased on the manufac-
lures, and that he was a stakeholder in
the Intercontinental Rubber company.
1 stated that the Intercontinental Rub
Der company owned a controlling in
terest in the capital stock of the
American-Cong company organized
through the concession given by the
Belgian government and it controlled
under this concession two and one-haIf
million acres of land on the Congo in
Africa
This, Mr. Aldrich neither affirms
nor denies, but he knows 1t is true.
II stated that since the tariff bill
passed and since the absorbing of
these other companies by the Inter
continental Rubber company the price
of manufactured rubber had advanced
to the people of the United States
admits. He denies that he or his fam
lily have any interest in any concern
manufacturing rubber or that controls
the price of crude rubber. Mr.. Thomas
F. Ryan, H. P. Whitney and himself
are the controlling influence in this
Intercontinental Rubber company and
under its charter, from which I have
quoted, it is empowered to transact
any kind of business on earth except
preaching the gospel and that 1t,
through the organization of subsidiary
companies, does transact business in
all parts of the world; that 1t handles
large quantities of crude rubber; that
1t was organized for the purpose of
getting control of the market and to
supply crude rubber, and do other
things. and by controlling the sup
ply of crude rubber that every con-
Germ in America would be absolutely
under its control. The organization
of this holding company is a develop
ing process in the organization of the
rubber business. just as Rockefeller
organized the oil business, Ryan the
tobacco business and the Guggen-
helms the lead and smelling business.
Aldrich VS.. Cannon.
''He admits that the increased duty
on rubber was an added protection
given to the American manufacturers
when 1t was not needed: that as a re-
suit of this increased duty they can ad :
vance the price to American consum-
ers without danger of competition
from other sources and thereafter Mr..
Aldrich's company would be able to
sell its product to them at higher
prices. If they refuse to patronize
him, under his charter he has annie
power to engage in any kind of com
petition with them, and would be
backed by the Ryans, the Guggen-
helms and Rockefeller and no sensi-
BILE man in business would dare to nm
dertake to compete with a thousand
powerful interests. Mr.. Aldrich fur-
Their admits that the increased duty of
manufactures of rubber resulted in de-
creased importation. This Mr. Cannon
in Kansas denied, and stated in a pub
lie address at Emporia that I made
false statements in regard to such de-
creased importations.
'Mr. Aldrich in his statement admits
It was right and that Mr. Cannon MADE
the misstatements. Aldrich admits an
annual production of from 100000. OOO
to $40,000.000 worth of crude rubber
produced on his plantation in Mexico
comes into the United States without
paying any duty or taxes to the gen.
eral government and in his our, CO.,