The Sisseton weekly standard. (Sisseton, Roberts County, S.D.) 1892-1929, 1911-10-27

AAS o0eiSS VI G1lG AmcIICdA
Tobacco company are being care
fully watched by the depart
ment OF justice, and there seems
no probability that the ''eagle
eye" of Attorney General Wick
ersham will fail to dect any
neatly concealed loopholes in
the arrangements of the officials
epeAe o. 4snd4 oooeqol4 eq4 10
the mandates Of the greatest
court in America. There is no
concealing the fact that chaos
reigns in the affairs of the Prin-
ces of Nicotine, and with skill
that would honor the greatest
Magi Of Persia the juggling
game has been carried on. But
no feasible plan has yet been
brought forward for dissolution
and it is doubtful if the order of
the supreme court will be car
ried out without resulting in fur
their legal entanglements and
consequent litigation. The diff
Guilty is that the American To-
bacco company is in a large
measure the result of "magnifi-
cent" high financing, and in an.
adjustment Of ownership the
holders of common and preferred
stock must be considered. Like
wise there are bondholders. and
every other conceivable kind of
ownership, and in "show
down" such as that of the pres
ent instance, it seems quite i'm
possible to care for every inter-
est without a good deal of diff
ficulty. The company is evident
ly endeavoring to maintain all
it's old powers. and this attempt
will not be tolerated by the gov
ernment. Perchance there may
be sequel to the tobacco trust
story. fully as important to the
American public and our policies
of government as was the ORIG
inal case
American Sugar Investigation
- " aen' coAgress provided for
an investigation OF the so-called
sugar trust, it delegated the
task to committee, a portion
OF the membership OF which was
made up OF a class. whose chief
occupation for several years
has been to foment public feel
ing, and to impress upon the
public minds the evils Of "the
trusts 10 prove that the sug-
ar interests were the worst Of
tenders, the committee decided
to employ expert accountants
who would build up case so
strong that congress would be
compelled to recognize the splen'
did service Of it's members to
whom had been entrusted the
great task Of busting the great
trust that came into disrepute
through criminal manipulations
of weights. There was gloom
however. in the ranks of the
committeeman few days ago.
when the country was flooded
with the news that accountants
and experts employed by the
committee. had reported to the
congressman that "there is no
trust" Evidently the newspaper
scare-heads furnished the first
news to the congressman as to
what their employees had been
about, and while New York and
Washington Immediately per.
ceived that an attempt had been
made to s'put one over" on the
committee, yet as a matter OF
fact it is perhaps fortunate that
the "experts' told their story so
early in the day, as it will likely
result in the congressman giving
more careful personal interest to
affairs concerning sugar, with a
result that may not prove pleas
ant to the men, or interests, or
whoever it may have been that
attempted to convey the impress
sion to the country that com-
mittee of congress had "found
that there was ssno sugar trust.
Attempts have been persistently
made from Wall street to show
that the recent rise in sugar was
due entirely to a shortage in
sugar crops and foreign manipu-
lators of the market. The Amer.
ican sugar interests. according t.
several chapters of press reports
that have floodd the country
have been entirely innocent. They
protest. and profess. as emphat-
~~vH,.n tho