Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1911-06-23
UTAH SUGAR WAS
HELD BY TRUST
FORMER MORMON BISHOP l.
CALLED AS WITNESS
American owns The MOST


washington, June 22.-lnqulry INTO /
the relationship between the Mormon |
Church and the American sugar Re-
iinng Company begun today before
the House committee on inquiry into |
the sugar trust, disclosed that Henry !.
| 0. Havemeyer's irst dealing in the |
sugar industry We're with the Utah |
Sugar Company in which the Church |.
of Jesus Christ OF Latter Day Saints |
was interested.
Thomas h, Cutter Of Salt Lake, |
vice-president and general manager Of
the Utah-ldaho Sugar Refining Com |
pany, and former bishop Of the Nor
mon Church, appeared before the
committee as a witness. He disclosed !
that of the approximately $9,5OO,OOO !
paid up stock Of the Utah Idaho Com |
pany the American Sugar Refining
Company controls $465O,OOO, or 465.-
| $50 shares that President John f.
/ Smith, Of the Mormon Church, as
| trustee for the church. controls 49,-
Sl5 shares; the estate of Henry o.
/ liavemeyer, 23,1T4 shares, and the
balance is owned by l,493 individual
stockholders
Mr. Cutler related to the committee
the carly history of the beet sugar in
dustry, dating back many years, up
to the time of the organization of the
Utah Sugar Company in 1899, and the
Idaho Sugar Company I'm 1903. The
Mormon Church became Interested
first by endorsing notes OF the orig
inal company and by purchasing
bonds, and later was induced to buy
stock, he said
Representative Garrett OF Tennes-
see, who conducted the examination
Of Mr.. Cutler asked about the first
entrance of Mr. Havemeyer into the
affairs of the company.
'In 1902" said the witness, ~
first met Henry o. Havemeyer."
Did you approach him, or did he
first approach you?" asked Repre-
sentative Garrett.
Mr.. Havemeyer approached me
first, and 1t was in a different pur
pose than was generally supposed.
] had been hunting capital for years
III Nllt sugar lllltltSlS anu lldu Dttu
in the East several times Mr.
Havemeyer had heard of this, and
sent Mr.. Millitts to see me in Utah
| went to New York and, though
Mr., Hayemeyer was the only man
met, l judged that he was nego-
tiating for the American Sugar Re-
filming Company, as he used the ex-
preston we in all of his conver-
saHon."
The witness continued: mt.
Havemeyer said to me, we have de-
cided to go into the beet sugar bus
mess. We think It is bound to be-
come one OF the greatest industries
of the country, and we have heard
of your success and have sent for
you because Of your success in the
West. We sent for you to see II
you couldn't help us to establish beet
sugar plants in any good location in
the United States.
81 told Mr.. Havemeyer that ] was
not in position to accept such a
proposition, and l said that what
wanted was financial help in our own
enterprises. He stated then that he
was willing to supply one-half of the
capital needed in the extension Of
our business in any good location in
the United States, if we should agree
to furnish the other half of the cap
ital; and he proposed to start the
deal to sell tlS American Sugar Com
pany one-half Of the stock Of our
company
Mr. Cutler explained that the deal
was later put through
The committee concluded with an
examination Of Charles d. Warren,
president of the Michigan Sugar Re-
timing Company. During his exam
ination, former United States Sen
ator Burroughs from Michigan, was
referred to.
Chairman Harwick asked If SEN
ator Burroughs had not IN tariff
speech delivered In the Senate in
1909, assured that body that the
American Sugar Refining Company
had nothing TO do with the Michigan
Sugar Refining Company and had
read a letter to that effect from the
officers Of the latter company.
Senator Burroughs never made
such statements Mr.. Warren re-
piled. nor did he read any letter on
the floor of the Senate"
Regarding the negotiations as to
Philippine sugar, Representative
Fortney Of Michigan explained that
he and others in Congress had con-
ferred with Mr.. Taft prior to his in
auguratlon as president He said
that a compromise on the Philippine
\ duty, free sugar and the 800, 900 tons
represented in the Payne-Aldrfch
| tariff bill, had been consented to by
= sugar manufacturers Of this company.
Mr.. Taft agreed to 1t and seemed
@ anxious explained Representative
0 Tortney.
Did you go to Washington to SEQ
e Mr. Taft. or did he ask to see you?"
4 questioned Mr.. Hardwlck.
/ "The year before the campaign, -
said Mr.. Warren, Il came to Wash