The Marion daily mirror. (Marion, Ohio) 1892-1912, 1910-07-13
WAS ALDRIcH.
~ A "SNA|K'
Senator Bristow Shows
Him to Have Been q
SNAKE IN THE GRASS
A Highway Rubber and
Manager of Rubber.
Filling His Own Pockets
From Tariff Extortions
A Chapter of Cupidity, Graft, and
Prostitution Of the Functions of u
Legislator-Public Office a Private
Snap.

Winfield, Kan, July 13-In the
Chautauqua address he delivered here
recently Senator Bristow of Kansas
charged Nelson w. Aldrich, Senator
from Rhode Island, with manipulating
the tariff on rubber in the Payne-Ald-
rich bill for the enrichment of his son
and a number of his friends. Among
the latter are Senator Guggenheim
and his brother and Allen A. Ryan
and Paul Morton.
1t was the first insurgent speech OF
the campaign. Senator Bristow told
why the insurgents opposed the Aid
rich -Elklns Penrose organization In
the Senate.
Under the leadership of these men,
he declares, instead of revising the
tariff, as was promised, duties Were
fixed not with a view of protecting
legitimate American industries or OF
securing revenue for the Government
but for the purpose of promoting tht
financial interests of certain individu.
ais or concerns.
Loss I'm Revenue Alleged.
THE duty on manufactures Of rub
ber was Increased in the Payne
Aldrich act from 25 to 30 per cent
and crude rubber was left on tht,
free list, as 1t was under the Dingley
law. The result of the increase in tho,
duty on manufactured rubber has
been that during the first nine months
of operation of the present Tariff law
there was a decrease in the amount o.
manufactured rubbed imported, ant
therefore loss in revenue, so that j.
cannot be claimed that the duty was
raised to secure q much-needed reve.
nue.. For the same period there was
great increase in the amount of crude
rubber imported.
"As the bill passed the House th'
Dingley rate on manufactured rubber
was not changed. The advance wa
made after the bill came to the Senat
by the Senate Committee on Finance.
of which Senator Nelson w. Aldrich is
chairman. The new tariff bill became
a law on Aug. 5, 1903. In September
II was discovered that the organiza-
tion of a rubber trust was being con-
summated with Mr. Aldrich's son as
the executive head. This trust was
formed by merging a number of rub
ber companies then in existance.
The Continental Rubber Company OF
Jersey was organized in 1903, with a
capital of s1,0dO,00O. In 1906 the Con-
tinental Rubber Company Of A2nerica
was organized, with a capital stock of
$30,000000. The same year there was
another company formed, known as
the Intercontinental Rubber Company
with q capital stock of $40,00O,0OO. How
long the organization of this trust was
in contemplation before the final pas
sage of the tariff law, / do not know;
but the consolidation of the Continen-
tai Rubber Company of America and
the Intercontinental Rubber Company
became effective Nov. 1 1909, with the
following goard Of directors:
"E. B.. Aldrich, Nelson w. Aldrich.
Herman b. Baruch, Henry A. Bing-
ham. Daniel Guggenheim, s. r. Gug-
genheim, Paul Morton, Allen A. Ryan
William Sproule.
ION Dec. the Continental Rubber
Company the third of the companies
referred to. was absorbed by the Inter
continental Rubber Company. with
the same Board or Directors, and r.
B. Aldrich, son of Senator Aldrich,
was elected president and execu-
tive head of the consolidated COM
pany. ..,
Rubber Prices Advanced.
"Since the organization of this trust
there have been rapid advances In
price of every rubber product from
automobile tires to babies rattles
The profits that this gigantic mono
poly is making for it's interpretations
and promoters, the Aldriches, the Gug
genhelms and the Ryans, are illustrat-
ed by the dividends that have been
paid since these mergers became ar