Omaha daily bee., 1910-08-14
B RISTOW ANSWERS ALDAICA
Attempts to Prove Rhode Island SEN
ator Contradicted Himself.
INCREASED DUTIES NOT NEEDED
Says Senator Admits He Sells MIL
lions of Pounds OF Crude
Rubber In America and
Raises Tariff.

MILWAUKEE,. wis, Aug. 12-United
States Senator Joseph L. Bristow OF Kan
sas In his speech here tonight which he
stated was in reply 10 the letter OF Senator
Nelson w. Aldrich, defending himself
against the charges OF the Kansas senator
relating to the tariff on rubber. launched
into the subject by saying that Senator
Aldrich declares that the Intercontlnental
Rubber company is not trust, and at the
same time admits that II is a holding COM
pany.'
Senator Aldrich then took up Mr.. Aid
rich's declaration that neither he nor his
family had profted, directly or indirectly
by the tariff on manufactured rubber, add
ing: yet he admits that he is producing
millions OF pounds Of crude rubber per an
mum, selling II TO American manufactur-
srs, and that he increased the duty on their
products when they did not need it for
protection"
Then referring to his own speech at Win
field, Kan, on July O. Senator Bristow de-
ciared that Mr. Aldrich took exception to
his remarks on the rubber cuty especially.
He ignores the other features OF my
speech" Mr.. Bristow said.
Mr.. Aldrlch declares that the Interconti-
mental Rubber company is not a trust, and
at the same time admits that It Is a hold
ing company which controls numerous
subsidiary organizations that were organ
lied 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 Indirectly by the
tariff on manufactured rubber, yet he ad-
mits that he is producing millions Of
pounds of crude rubber per annum, selling
1t TO American manufacturers, and that
E he increased the duty on their products
when they did not need it for protection
and when they already had control OF the
American market and were exporting man
ufactured rubber; that IL, ne increased the
duty, enabling the manufacturers to ad-
vance the price to the American consum-
ers, and admits that they did advance
the price, yet he says that neither he nor
his family has profited directly or indl-
rectly. He admits that dividends had not
d been paid before the consultations Of the
various companies into one, and that after
the consolidation enormous dividends were
paid, as stated in my speech.
I'm my speech at Winfield, Kan, July
., ] criticized the Payne-Aldrich tariff bill,
referring especially to the duty on lead
and lead products, cotton cloth and wooden,
especially referring to duties on cotton
cloths and manufactured rubber. 1 de-
clared that the duties on these various
commodities were fixed not in the interest
of the people, but of certain trusts, COM
bines and spectators
Ignores other Features.
"Mr. Aldrlch, in a signed statement, takes
exception to my remarks on the rubber duty
especially. He ignores the other features Of
my speech. He also makes q number OF
sarcastic references 10 myself and other re-
publican senators who saw fit TO vote in
the interest of our constituents rather than
as Mr.. Aldrich wanted us to. His opinion
of myself and the other senators is Of little
consequence, but / desire to call special
attention to some OF the statements OF Mr..
Aldrich made in his explanation. He says
It is true that an increase In the rate took
place in paragraph 46S, which includes GER
tain manufactures of India rubber with
other items, and 1t is true that 1 am a
stakeholder and director in the Interconti-
mental Rubber company; but none OF the
other statements referred to contain a
single element of truth Now what were
the other statements l nader
II stated that the Continental Rubber
company was organized under the laws of
New Jersey, January 20, 1908; that the Con-
UnSntdl company Oh America was
organized under the laws OF New Jersey,
January 8, 1906, and that the Interconti-
Mental Rubber company was organized I'M
der the laws OF New Jersey December g.
1906 Now Mr.. Aldrich says that the first
two companies named were subsidiary COM
panies of the Intercontinental Rubber COM
pany and that 1t owned ell OF their stock
and they were organized for the sake OF
convenience. How could they be subsidiary
companies of the Intercontinental Rubber
company and organized for it's convenience
when both of them were organized before
IT was; one OF them almost three years
before2
Refers 20 Statement About Charter.
HE says that these two older companies
surrendered their charters in 1903 for the
purpose of'saving expenses and taxes. But
the charter OF the Consolidated Intercon.
D tinental Rubber company, filed Decembel
8, 1908, shows that 1t absorbed these other
% two organizations and that the purpose:
Z. OF the corporation, among other things
were the collection, production, sale, dis.
tribution, etc, of gums, caoutohOuc, copal
crude rubber, rubber. gutapercha. water.
proof, imperyious, fiberous or plastic ma.
terials, or articles used in connection there
with or manufactures thereof, or by-prod
bSAS VI ahSh manufacturer lLlG CULTIVATION
purchase, sale. ETC., OF trees, vines, plats
etc, producing such substances; TO acqulr,
(. and hold or dispose of processes, patents
trademarks and trade names; to purchas,
or to otherwise acquire the property and
assets Of all kinds Of any person or corpor
alton and to dispose OF the same; to pur
chase and hold or dispose OF stocks ant
bonds; to borrow money and to issue bonds
debentures or other obligations etc.; t
enter into contracts; to construct and oper
ate workshops, factories, machinery, etc
10 construct, maintain, operate. etc, pipe
lines, gas works, reservoirs water power
% highways, ETC.; to construct and operat,
" railroads for the transportation OF tn,
products materials, supplies, etc TO de
velop towns and townstes; 10 keep stores
and to produce and deal in agriculture
products, food, beverages. drugs. furniture
machinery, tools, supplies, goods, wares
merchandise and manufactures; to mine
dig and cut, and deal in machinery o
apparatus which can be used for any o
the aforesaid objects, and generally t
carry on the business OF mining; to engag
in any and all commercial exportation an