The Sentinel=record., 1911-06-20
HAVEMEYER
IS DEFENDED
MEMORY OF SUGAR KING up
HELD BY FORMER OFFICER
OF THE COMPANY.
James H.. Post Says Men Who At.
tscks Havemeyer's Memory Are
cowards-Havemeyer's
Son Tomorrow.

Washington ID. C, June 19-This
was field day in the house
inquiry into the American Sugar Re-
fining Company and other refineries.
two committees devoting hours to in
terrogating witnesses as TO the for
nation and operation of the big COR
porations.
number OF new facts were
brought out bearing on questions of
the creation of wealthy commissions
Of manufacturing concerns and more
was learned OF the frauds practiced
on the government in sugar weighing
at the port of New York.
The special sugar trust" inyestiga-
ting committee has before it James
II. Post. president of the National
Sugar Refining Company of New
Jersey, whose testimony closed with
a spirited defense of the corporation
activities of the late H. o. Hayemey-
er, organizer OF the American Com
pany.
Mr.. Post was subject to long ana
gruelling examination as to his and
Mr.. Havemeyer's connection with the
formation of the National Company.
Representative Madison of the COM
mittee complained that whenever the
committee had gos down to some
thing" witnesses frequently "threw.it
off on to Havcmeyer.
His memory has been tradueed by
men who would not dare to have
done SO had he been alive" said Mr..
Post, his eyes flashing.
The defense was made after the
witnesses had told of the issuance to
Havemeyer through Post himself OF
$10,0o0,00O of the common stock OF
the National Sugar Refining Company
without any money consIderat on.
Representative Madison referred TO
the testimony given by Vice President
Atkins of the American Sugar Refln-
ing company and Lowell NJ. Palmer,
former director OF that COMPANY He
said Mr.. Palmer has testified that
Mr.. Hasemeyer had organized the beet
sugar refineries and while he (Pal-
mer) was in the directorate he did
not have anything to do with it.
What idea have you OF strong,
able man, as Mr.. Palmer Is, who viii
say that" exclaimed Mr.. Post. great
ly excited.
''He Is coward"
Mr.. Larkins, counsel to the witness
relieved the situation by obiecting
to the line of investigation as beyond
the authority of the committee.
Chairman Harwick disagreed, but the
expectation was not pushed further
along this line.
AS father OF s20,000,000 sugar
company for II years without ever
having received penny of salary,
was the light in which Mr.. Post ap-
peared in the beginning of the after
noon session.
Representative Baker OF California
expressed surprise at the luck OF the
National Sugar Refining Company in
having a president without salary
His question led the witness TO re-
peat that H. o. Havemeyer about
1902 gave him 100000 of the COM
mon stock OF the National because
never received salary as president.
Mr.. Post also said that B. "A How
ell and company got commission oil
one half percent for handling busl-
ness Of the National. This amountea
to about $220.000 year. AS one OF
the three partners OF b. H. Howell,
Son and Company, Mr.. Post said he
received $4,000 to 100000 out of this
s22O.o0O.
Replying to a rapid fire of questions
from Representative Sulzer, Mr.. Post
declared that H. o. Havemeyer. al
though controlling the American Su-
gar Refining Company, Through MS
brains and high ability and although
interested in the National Sugar Re-
lining Company, never suppressed
competition between them.
There was never any concert OF
The management of the two compan'
les" said Mr.. Post Strange as
may seem, that is trlie. I
why wasn't there's asked Mr.
Sulzer.
You'll have to ask the directors.
Mt suIzer then took another lin