Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1911-06-23
POWDER TRUST
ORDERED KILLED
FEDERAL GOVERNMENT WINS ITS
SUIT IN THE DELAWARE
DECISION.
VICTORY FOR SHERMAN LAW
Reasonable Time Allowed Defendants
to Comply With Order.-Case
Was Instituted in
1907.

trict of Delaware handed down a de-
cision declaring that the powder trust,
which Is dominated by the E. |. Du-
pont de NemOurs company, is COM
binatiOn in restraint of interstate COM
MERGE in powder and other explosives
in violation of Section 1 of the Sher
man antitrust law; that it attempted
to monopolize and has monopolized
part of such commerce in violation of
Section of the same law, and decree
ing that the combination shall be en-
joined from continuing this violation
and that it shall be dissolved.
Concerning the final decree to be is
sued, the court says:
ITO stop the business Of the COM
bination Immediately might be attend
ed with very disastrous consequences.
The defendants, Or some of them, fur
nish military and ordnance powders
to the United States government. We
understand, also, that they furnish
explosives used in the construction Of
the Panama canal. Their ability to
continue SO to do should not be de-
stroyed before the expiration Of a rea-
sonable time for adjusting their bust
ness to the changed conditions"
The action against the powder trust
was begun by the government in 1907
and was directed against 43 corpora
tive and individual defendants. The
suit as to fifteen of the defendants
Hicn1iccnH hnnaI1cn nf
concerns are out of existence or it was
not shown that they were parties to
the combination.
In an interlocutory decree the court
fixed Oct. 16 as the date to hear both
sides as to the nature of the injunc-
ton to be granted and consider a plan
for dissolving the combination ito the
end that this court may ascertain and
determine upon a plan of method for
such dissolution which will not de-
prive the defendants of the opportun-
ity to re-create, out of the elements
now composing said combination, a
new condition which shall be honest
ly in harmony with and not repug-
nant to the law"
The twenty-eight defendants declar-
ed to be in the illegal combination are
the Hazard Powder company, Latin &
Rand Powder company, international
Smokeless Powder & Chemical com
pany, Eastern Dynamite company
Fairmont Powder company, Judson
Dynamite e Powder company, Della
ware Securities company, Delaware
Investment company, California IN
vestment company, E. I. Dupont de
Nemours e Co., of Pennsylvania, Du.
pont International Powder company
E. I. Dupont de Nemours Powder com
pany, E. |. Dupont de Nemours & Co.,
Thomas Coleman Dupont, Pierre S.
Dupont, Alexis I. Dupont, Alfred J.
Dupont, Eugene Dupont, Engene E.
Dupont, Henry F. Dupont, Irene Du-
pont, Francis I. Dupont, Victor Du-
pont, Jr., Jonathan A. Haskell, Arthur
J. Moxham, Hamilton NJ. Barksdale,
Edmond G. Buckner and Frank l..
Connable
All the individuals named, except
Buckner, are directors of the Dupont
companies, of which Thomas Coleman
Dupont is president.
n. A. Dupont Not Included.
The only member of the Dupont
family mentioned in the suit who is
not found to be violating the law is
Henry A. Dupont, United States SEN
ator from Delaware. The court found
that in June, 1905, year before the
suit was begun, he resigned all his
official positions in the companies and
has had neither real nor nominal con-
nection with their management since
then