Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-09-20
ALL CARS TIED Up TIME TO REORGAN|ZE
Strike of 1900 Men Causes Government Delays Trust Suit
Trouble in Detroit Against Harvester Company.
ARMIES WALK TO WORK CHANCE TO OBEY LAW
Increase in Department. While Preparing Case
Hour Is Demanded Ders Taking Formal Action
FAIR CROWDS DIRECTORS TO HOLD MEETING
Alleged
ing Without Dissent COMBINE II . oeie'e''
CHANCE TO OBEY LAW
Department, While Preparing Case,
Defers Taking Formal Action.
DIRECTORS TO HOLD MEETING
Voluntary Dissolution OF Alleged
Combine, It Is Believed,
Will Follow.

That the government is ready to per-
nit the International Harvester Com
many voluntarily to readiust its organ
ization to conform to recent interpreta-
tions of the Sherman law became known
here today Pending the result of con-
ferences between Attorney General WICK
ersham and attorneys for the company
the threatened dissolution suit is being
delayed.
Negotiations looking to an understand
ing between the government and the
company which were begun in Washing
ton last summer by Edgar A. Bancroft
general counsel for the harvester COM
pany, later were continued at Cedar-
hurst l.. L. where Attorney General
Wickersham has been spending the sum-
mer. They reached the stage, it is said,
where it will be necessary for MI. Ban
croft to refer the question of reorganlza-
ton to the companys board of directors.
Inclined to Grant Time.
Financial circles recently have heard
persistent reports that the government
was ready to bring an antitrust SUIT
against the company. Some papers nee
essary for court proceedings were pre-
pared. The understanding here is that
the government at no time has been m
clined to be precipitate so long as the
company showed a disposition to meet
the demands of federal authorities.
The attitude of the board of directors
of the Harvester company is expected TO
be communicated to the Department. OF
Justice in about a month. 1t is said 70
have been an impossibility to present tne
situation to the board of directors before
because many of the members have been
in, q
scheduled to be held October Il.
The negotiations which Attorney Cen
eral Wickersham has been carrying on
with off cials of the Harvester company
do not constitute an entirely new depart
ure in federal regulation of corporations,
although the proceeding is of character
only recently instituted. In the case VI
the electrical trust and that OF the SOUTH
ern Wholesale Grocers' Association the
corporations recently were permitted 10
agree to the governments demands. THESE
agreements We're put in the form OF de-
crees, which will be submitted to the
United States courts for approval.
1t is not known definitely that the har-
vester company will be able to follow the
course of the electrical trust or the south
ern wholesale grocers organization. as
opposition may develop In the board OF
directors Meanwhile the Department of
Justice is continuing it's investigation and
special agents of the department still are
at work.
Details Not Made Public.
Details of the negotiations between
Messrs Wickersham and Bancroft have
not been allowed to becme public. al
though it is known that as one condition
of non-prosecution the government insists
upon the business of the trust being sep
arated into the four corporations which
first composed it. They were the Nc
Cormick Harvesting Machine Company,
the Deering Harvester Company, the Mil
waukee Harvester Company and the
Plano Manufacturing Company These
four companies were the first to be &C
quired by the International Harvester
Company when 1t was formed in New
Jersey in 1902, and capitalized at $780,
OOOO, of which $6O,O00.OOO was paid in
cash The other 10000, 900 of stock was
issued for real estate, plants and physical
inventories.
officials Are Reticent.