The Barre daily times. (Barre, Vt.) 1897-1959, 1911-12-30
COMBINE BORN
OF FAILURE
Giant Merger Of Packers Aban-
doned as Times Were Bad
WERE IN QUANDARY AT FIRST
veeder Says After Schiff Interview He
Felt Like Selling All He Had-The
Interests Disposed of Thirteen
Concerns Acquired.
WERE IN QUANDARY AT FIRST

Chicago, Dec. 3O.-Argument OF coun
sci on the motion to exclude all testi'
mony in regard to the business Of the
kenwood company and the Aetna Trad
ing company, was resumed yesterday be-
fore United States District Judge Car.
penter in the trial OF ten Chicago pack
ers under Indictment for criminal viola.
tion of the Sherman law. The govern
ment eontended that the information
sought has a direct bearing on the ale
cation in the indictment that the pack
ers made an adequate allowance for by
products in fighting the test cost on ami
mails slaughtered and is material in the
presentation of its case
The defense cohtended that the evil
denee is not admissible for the reason
that the indictment does not charge the
defendants with combining TO control
the price of cattle.
John Barton Payne and John S. Mill
Ter, representing the defendants, argued
that the evidence Of the operations Of
the subsidiary companies used to market
certain byproduets should be excluded,
for the reason that it tended to prove u
crime not charged in the indictment.
CAS- | understand 1t, the government
charges that these selling companies are
part OF the general scheme Of the comb.
nation said Judge Carpenter. THE
proof Of the commission of another
crime may be incidental to showing that
all these subsidiary selling concerns are
directly connected with the issue in this
case.
Under that theory, the government, |
think, would be permitted to show the
connection between these two selling
companies and the parent organization.
At the request OF the court, counsel
for the government outlined what they
expected to prove by the testimony re-.
garding the operations Of the Kenwood
and the Aetna Trading companies.
Special counsel Butler said;
i've shall prove that there was plot
among these defendants and that the
KenwQod company was operated 10 VIC.
late the law
In proving these big commercial con.
spiraeies we are obliged to piece these
links together TO prove our case. This
evidence is material to prove the plot"
Mr.. Butler said the government expect.
ed TO prove that the kenwood company
dissolved in 1905 and the business Of
marketing the oleo products OF the com.
bination was taken over by the Swift
company.
This concluded the argument of coun.
sci on the point and Judge Carpenter
reserved his decision until the testimony
complained OF is brought up again in the
trial The jury returned TO the court
room and Albert Fl. Veeder again took
the stand He admitted that the Swift
Wool company succeeded the Kenwood
company in 1905 for the sale Of the oleo
products of the combination.
This concluded the direct examination
of MIR Veeder.
On cross-examination, MFR. Veeder de-
scribed the collapse of the "billion dol.
lar merger of the packing interests
planned by Armour, Swift, Morris and
Cudahy in 1902.
He said the formation OF the gigantic
corporation was abandoned at the close
of conference held in New York shortly
before Christmas, 1902, between the pro
motors and Jacob II. Schiif, manager for
Kuhn, Loeb & company, in which plans
for financing the project were discussed
Mr.. Veeder said Mr.. Schiff told the pack
ers that the times were not propitious
for launching such merger and the
whole plan was dropped after the ad
iournment of the conference. The or.
ganization OF the National Packing com
pany followed.