The Richmond Virginian. (Richmond, Va.) 1910-1920, 1911-12-29
PROVES EXISTENCE
OF BEEF TRUST
Government Shows Contract
of Packers to Combine
for Fifteen Years
PACT WILL NOT END
UNTIL MARCH, 1918
Attorney for Defense Says
Merger Was Outlined
and Proposed by
British Peer

CHICAGO, Dec. 1s.--The ten Ch1OS
ago packers on trial for criminal cons
spiracy In restraint OF trade today pro-
duced in court contracts bearing their;
own signatures which show that they
hold the contracts OF the owners Of
the thirteen independent packing
plans, merged into the National Pack -l
ing Company, by which the latter bind
themselves TO enter the packing bua-
mess for fifteen years. And the COM
tracts are still binding and will b.
until March Is. 1918.
The remarkable documents surren.
dered by Attorney Veeder indicate thai
the billion dollar trust exists In fact
today and in all the details planned,
with the exception that the packers
have been unable to ca pitalize the
$640,000,000 of water which they
bound themselves to turn into secur-
tiles.
All OF the independent companies
which II was planned to buy. have
been bought and In the form Of the
National Packing Company are now
controlled by the Armour. Swift and
Morris interests. All the independ-
ents bought out ara under contrac. to
keep out of the business. The only
difference is that there is not an ounce
of water In the capital stock OF the
National Packing Company.
Contracted to Stay Out.
One Of the contracts produced to-
day Is between Louis Samuels and
other principal owners of the United
dressed Beef Company. with Henry
Edelmuth. by which the latter secured
control or the Independent conn
panies and then assigned the stock to
T. RI. Heynan. OF Morris & Co. AZ
IN all these contracts Eamuels and
his partners bound themselves to re-
main out OF the packing business.
Similar contracts were executed by
G. r. Swift for the purchase Of all
the so-called Fowler properties dorni-
mated by Anderson Fowler and j. Og-
den Armour for the Hammond Pack-
ing Company, g. II. Hammond & Co.
and all the Hammond properties
Likewise Swift acquired the Anglo
American Provision Company, and
Morris the St Louis Dressed Beef
Company. In all thirteen great inde-
pendent companies We're acquired ana
their competition obliterated Attor-
nev Naeder said that the big combina-
zion vas suggested 10 Gustavus Swift
now dead by Lord Panmura Gordon.
an English gentleman of leisure, and
means who made pastime of organ.
izfng big combinations,
Brtsher Planned Trust
swift told his lordship that he would
think about ii and the Rritisher was
80 encouraged that he and his friends
bought the Union Stock Yards Conn
pany and the Chicago Junction Rail-
way. to take care OF the merger thew
We're about TO create.
But Mr.. Swift and Mr.. Veeder were
patriotic enough TO believe in giving
native talent and American money
precedence. So they organized the III
fated trust themselves, leaving the
gentleman from London holding the
bag and the railroad
The jury was dismissed toward thA
end or the day TO allow the attorneys
to settle a souahble over the adnis -ss
ability Of evidence of Little "Puddjcss
within the big pool, pools by which
cumbersome profits were disbursed.