Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-07-27
Investigator Brings Much
Evidence Against the Cor
poration Now Under Fire
OF Stanley Committee.
HARVESTER MEN
ARE BROUGHT IN
Investigation is Waxing
Warm as the Days Elapse
Senator Kenyon Gives
His Testimony Today.

Washington, D. c., July 2s.-
Tho steel trust" invsstIoatIno
committee adjourned late TODAY "a
meet at tho city hall In New
FORK tomorrow morning. Il
probably will first take up the
ennessse Coal and Iron com.
pany case.
Washington, D. G., July 2e.-AnotA.
q document OF sensational interest.
equal 20 the steel plate association
agreement recently produced, was laid
Deiore the Stanley steel trust inyeyti-
sating committee today. It was a re-
port by Burdette Townsend to former
Attorney General Bonaparte during
Ine roosevelt administration on the
so-called trust.
Inc report showed that the United
states steel corporation allowed re-
bates OF $3 ton to the Harvester com
pany, and Mr.. Stanley declared that Il
indicates that the giant steel corpora
lion and the harvester trust were
practically one. ,s
The Townsend report added that
the Mccormick Harvester comnanv
was related by marriage to the stand.
ard Oil company. It also referred "a
y. r. Morgan as the trust architact.
good builder who receives fabulous
fees for his work" 4
1T appears that there was An nm.
usual concentration Of the capital
stock OF these five companies. It vas
all owned and controlled by four fam.
iltes. the McCormicks, the Deerings.
the Jones and the Glessners. The
pooling Of their holdings WAS all that
was necessary to create q trust All
these people lived in Chicago.
Shows Relationship.
Another fact is interesting. Harold
Mccormick Zone OF the heavy stock
holders Of the Mccormick company
is son-in-law Of John d. Rockefeller.
The Mccormick company was there
fore already distantly related by mar
riage to the great American family OF
trusts. j.. P. Morgan Is the trust
architect usually employed by the
Rockefellers. George w. Perkins is
his associate
Therefore IL harvester trust was
formed we should anticipate some of
the circumstances OF its organization,
namely:
ut would be designed and executed
by j. P. Morgan and company, prob
ably through George w. Perkins.
"The amount of the fee charged for
such services would indicate the char
acter Of the work.
ut would be organized in such way
that the Rockefeller influences could
ultimately secure control
Attorney General Wickersham was
excused after testifying that he thought
the harvester report antedated the
Standard OIL investigation and promis.
ed to search his files and produce, II
there, a certified copy OF the harves-
ter report.
Senator Kenyon Of Iowa, form
er assistant attorney general. and
Herbert Knox Smith, commissioner Of
corporations testified before the
house "steel trust" Investigating COM
mittee today. Mr.. Kenyon identified 9
report by Burdett Townsend to the
department of Justice on Mr.. Town !
sends investigation OF the 1nterna.
tional Harvester company.
Mr.. Kenyon said he recalled O,at in-
yestigation, "but what is troubling
me. 00 auQSu, ID SARI j nA0 AOI MOW.
connected with the department Of !,
Justice, and whatever I may say might
embarrass the government on what
may be now going on"
. Chairman Stanley said he had evi-
dence tending to show that the Har.
vester company and steel corporation
are practically one"
This report" he added. Charges
chat the steel corporation gave the
Harvester company's rebates Of $500
ton."
Senator Kenyon, amid objections by
republican members Of the COMMITTEES,
spoke up, saying.
II wish to say that always favored
prosecution In trust cases where evt.
dence was conclusive Where evidences
was not conclusive, favored further
investigation"
Asked II he believed the Townsend
report conclusive, Mr.. Kenyon said he
felt there should be some further In
vestigation.
Commissioner Of Corporation Smith
testified that he did not recall any In
structions from the president to In.
(Continued on Page 81