Manchester Democrat. [volume] (Manchester, Iowa) 1875-1930, 1911-08-02
TRUST PLOT IS seen.
HOUSE PROBERS GET REPORT
LINKING HARVESTER WITH
STEEL AND OIL.
WIcKERsHAM ON THE STAND
Bonaparte Said to Have Failed t
Act When Attorney General and
Subpoena Calls Him to
Washington.

hington.-Another document Of
sensational interest, equal to the Steel
Plate association agreement recently
produced, was laid before the Stanley
steel trust investigating committee. 1t
was report by Burdette Townsend to
farmer Attorney General Bonaparte
on the International Harvester COM
pany, the so-called trust. The report
showed that the. United States Steel
corporation allowed rebates of three
dollars ton to the harvester COM
pany, and Mr.. Stanley declared that it
indicated that the giant steel corpora
ton and the harvester trust were prac-
tically one.
In describing the organization Of
the group Of larger companies in the
Harvester combine the McCormicks,
Deering, Plano, Wardner, Bushnell.
Glessner and the Milwaukee Harves-
ter companies, Mr.. Townsend reported
to Mr.. Bonaparte:
1T appears that there was an I'M
usual concentration Of the capital
stock of these five companies. 1t
was all owned and controlled by four
families, the McCormicks, the Deer
ings, the Joneses and the Glessners.
The pooling of their holdings was all
that was necessary to create trust.
All these people lived in Chicago.
another fact is interesting. Har-
old Mccormick Zone of the heaviest
stockholders of the Mccormick COM
pany), is a son-in-law Of John D..
Rockefeller The Mccormick COM
pany was therefore already distantly
related by marriage to the great Amer
lean family of trusts. J. Pierpont
Morgan is the trust architect usually
employed by the Rockefeller inter
ests.
HE is a good builder and receives
fabulous fees for his work. George
w. Perkins is his associate"
Attorney General Wickersham, sum-
moned as witness, testified that he
had never seen the Townsend report
before. He promised that Townsend
would testify later He did not know
why the harvester case was not
pressed in. 19OS-09. II surmised," he
added, that the case was held up
pending the Supreme court decisions
in the tobacco and Standard OIL cases
involving the same points.
Mr.. Stanley announced that sub
poena had been issued for Mr.. Bona
parte, who is now in Canada, and that
an effort would be made to ascertain
from him and from other government
officials why there had not been a
prosecution of the International Har-
vester company upon Townsend's
charges. Mr.. Stanley also announced
his intention of endeayoring to show
a close connection between the United
States Steel corporation and the In
ternational Harvester company.
Mr.. Townsend in his report particu-
larly referred to the price paid to J.
Pierpont Morgan & Co. in the har-
vester deal, declaring that "$5.0o0,OOO
is very high price for the simple
service of suggesting to persons how
they can agree in legitimate trans
action. It is not unusual" he said.
Gin illegal transactions, such as Great
ing trust, which can evade the
laws. Doubtless, If proceedings were
Instituted against the international
Harvester company. the manner OF It's
defense will demonstrate that the fec
was earned"