Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1910-08-13
PICKS
Fl. A VS. IN
ALDR|CH
REPLY
Kansas Senator Comes Back
at His Rhode island CoIIea-
que in Vigorous Fashion and
Reiterates Charges.
ACCUSES SENATE BOSS
OF EVADING THE ISSUE

VI LVHOiNO If1E lOOOL
Points Out Absorption Of Sub
salaries By lnterContinen-
tai Rubber Company as Prov
ing That Concern Is a Trust,
| tBy Mornips journal SpecinI rssses Wi@l
Milwaukee, Wis. Aug. 12.-Senator
| Joseph L. Brstow of Kansas, in his
Ispeech here tonight which he stated
was in reply to the letter of Senator
| Nelson w Aldrich defending himself
against the charges of the Kansas sem
ator relating to the tariff on rubber,
Launched into the subject by saying;
Senator Aldrich declares that the
International Rubber company is not
trust, and at the same time admits
that it is a holding company"
Senator Brstow then took up Mr..
Aldrich's declaration that neither he
nor his family had profited directly or
indirectly by the tariff on manufac-
ured rubber, adding:
yet he admits that he is produc-
ing millions of pounds of crude rub
Der per annum, selling it to American
manufacturers and that be increased
the duty on their products when they
did not need it for protection
|, Then referring to his own speech at
Winfield, Kan, ON July ., Senator
,Bristow declared that Mr.. Aldrich
took exception TO his remarks on the
rubber duty especially.
, He ignores the other features of
my speech" Mr. Bristow said.
Going into the question of orAaniza
ton of the Intercontinental Rubber
company. Senator Bristow quotes from
his own speech saying that the Con-
,tinental Rubber company was organ
lied under the laws of New Jersey,
January 30. 1908, and that the Con-
tinental Rubber company of America
was organized under the laws of New
Jersey January 5, 1906, and, further,
that Mr.. Aldrich Says that the first
two mpanies named were subsidiary
of the Intercontinental
Rubber company and that it owned
all their stock, and that they were or
,ganized for the sake OF convenience
they be subsidiary companies of the
Intercontinental Rubber company and
organized for its convenience when
both of them were organized before It
was"
Senator Brstows speech in part
follows:
Mr. Aldrich declares that the In
tercontinental Gubber company is
not trust and at the same time ad-
mits that it IS q holding company that
controls numerous subsidiary organ
izations that were organized for the
purpose of handling the crude rubber
business in various parts Of the
world.
"He says that neither he nor his
family has profited directly or indi-
rectly by the tariff on manufactured
rubber, yet, he admits that he is pro-
ducing millions of pounds of crude
rubber per annum. selling it to Ameri-
can manufacturers and that he in
sisted on putting the duty on their
products when they did not need ii
for protection and when they already
had control Of the American markets
and were exporting manufactured
rubber: that is, he increased the duty,
enabling the manufactures TO adj
vance the price to the American con-
sumers and admits that they did ad
vance the price. yet he says that
neither he nor his family has profited
directly or indirectly.
"He admits that dividends had not
been paid before the consolidation of
the various companies into one, and
that after the consolidation, enormous
dividends were paid as stated in my
speech.
In my speech at Winfield. Kan, on
July q. criticised the Payne Aldrich |
tariff bill referring especially TO the |
duties on lead and lead products. cot |
ton cloth and wooden. and especially !
to duties on cotton cloths |
and manufactured rubber. declar-
ed that the duties. on these various |
were fixed not in the in |
terest of the people. but Of certain /
trusts. combinations and speculators
Mr.. Aldrich in a signed statement |
takes exception TO my remarks on the 1
rubber duty especially He ignores |
the other features OF my speech. He /
also made q number Of sarcastic ref /
erences to myself and other repub-
lican senators who saw Tit to vote in /
the interest of our constituents. rath-
er than as Mr.. Aldrich wanted us to. |
His opinion Of myself and the other
is Of little consequence. But /
I desire to call special attention to
some OF the statements of Mr.. Aldrich /
made in his explanations.
"He says II is true that an increase
in the rate took place in paragraph |
4s3. which includes certain manufac-
lures OF India rubber with other items.
and IL is true that am a stockholder
and director in the Tntercontinental
Rubber company; but none of the