The Richmond Virginian. (Richmond, Va.) 1910-1920, 1911-07-19

present toward the sugar beet inter
ests, President Thomas replied
The legal phase of this matter is
in the hands OF our counsel AS
to the other side the board of ciirec-
tors manages such matters as are up
for consideration. Those of us who
want a lower tariff are in favor of
selling our beet sugar stock.
lie denied that the policy of the
| National Sugar Refining Company is
| controlled by the trust.
| Asked IL the trust did not care
! fully protect it's $90,000,o0o of In
! terest throughout the country in
Guiding its holdings in beet sugar
plants in Michigan, Idaho, Colorado.
/ Utah and California, he said they
Were. of course, forced To do this.
| but he denied emphatically again
/ and again that the trust fixed or at
tempted to fly prices anywhere in
the United States
| ''SubsCript ion and Advertising
| President Thomas stated, in reply
| to close questioning of the relations
! of his company to "Willett and Grays
Weekly Statistical Sugar zfft-ttte Jot1r-
nal" a New York publication. that
/ they paid to the concern annually
! $1,000 for subscription and adVer-
/ Using" His own counsel afterward
admitted that the actual cost of the
/ advei using carried. according L. the
terms of advertising printed by the
| journal was about s40o. He admitted
| also that the only advertisement being
| carried at present by the paper is
! the one proclaiming in black type the
! terrors of the tAcari Sacchar1 the
! sugar trust bug it is called by the
/ Investigators
The purpose of the advertisement
/ is TO frighten people from eating ra"
sugar The trust deals only in re-
fined sugar from which the terrible
| bug is supposed To he absent.
1t Is expected that John +. Parsons,
who framed the charter Of the trust
and was for years its chief counsel,
will follow President Thomas on the
witness stand tomorrow,
John Arbuckle, who was 10 have
+, been the first witness, was TOO III
| to day at Lake Mohonk to attend the
/ hearing Messrs, Garrett and Madf-
son were appointed as a special com
mittee to 10 to Mohonk and take Mr..
/ Arbucllle's testimony there TneE VIII
| probably do this on Saturday
Extraordinary Document.
President Thomas Will be called
I committee the circumstances under
which the big trust forced the Beet
I Sugar Trust into a hard and fast
agreement IN 1903, to run for
period OF ten years, whereby the beet
: sugar interests. as shown bY the
terms of the agreement, We're made
! absolutely subservient to the monster
combine.
The compact has been declared the
most extraordinary document III eNl-
dence" ever 0nearthed by govern
ment officials searching for direct
testimony against industrial combines
! that were suspected of violating the
/ sherman antitrust law, II was al
dressed by the American Beet sugar
+ Company 10 the American Sugar Ike
timing Company tthe UpStf ana was
as follows;
Dear Sirs You are to be Our an
peryising agent for the disposal OF our
product. as hereinbetore stated ana
: for your compensation are to receive
oue-olarter of a cent per pound on
an sugar sold and collected Tor ny
us accounts to be submitted by US
,,,- %,,.r. ai~vot,r Office ON tae .tw@ntieth
of each month from the preceding
month and payment TO be made AZ
that time.
The arrangement is to commence
18th tho season of l9O3-oi, and is to
continue for Il period or ten Year
mat is. down to and including the
season of 19l2-l3. Your agency IN r.
wolves your general eo-opefauoh WIN
us in all legitimate ways to mar Ne,
our product to the best ao'a,i'ase
In such localities as we shall deslg-
r,afa axclrsive of the New England
states. care being taken by u.s. eS-
rent when necessary. to AVOID your
markets. -
/ you are to open Your channels OF
distribution to us and allow 10 Wy
/ the use of your brokerage system ana
the employment of your agencies ana
are to permit your brokers to dis
nose of our sugars on the same TERMS
as in your own case, ana are 70 ih
struct them to push the sale OF our
nroduct. and IL in any case. there
shall be conflict. YOU are 10 perHi'
IL ,s 10 have the praferenee except "
so far as is necessary TO meet De
mapds for cane as against beet susa.
aud at the same exception YOU are
10 give us the preference UP 70 the
point OF Withholding the sale OF your
nroduct of the same grades IN hach
markets as we may require. so far as
10 necessary for the disposal of our
product. provided that no delay OF
loss of time shall be causeu pN US
| ''You are not to MAKE yoorseii'
nor allow to be made ny the pro-
| auears controlled by you in any mar
ke,s used by us while our product
is being disposed of in such markets.
a lower price on refined sugar than
your own open price at your points
of production. plus freight. II any
to such markets and you are to use
your good offices. when asked. to en-
deavor to obtain Favorable rates on
freight from points Of our produc-
ton to the consuming markets re-
quired.
| The arrangement does not apply
| to New England States nor does not
involve any curtailng OF your pro-
duct and does not put any limitation
upon ours. Its essence is that We
shall have your hearty cooperation
along the lines above stated