The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1912-02-18
HOUSE INVESTIGATORS MAKE
NO RECOMMENDATION AS TO
DEALING WITH COMBINE.
EVERYONE SIGNS REPORT
lnquisi,ors Express Belief That tho
Monopoly Keeps the Price Up, but
They Do Not Give Opinion as TO
Remcdy-Havemeyer Given Credit
for Organization.

Washington. Feb. i7.--The Hardwicls
sugar trust investigating COMMITTEES.
after many weeks of open hearings
here and In New York and almost
work since last May. re-
ported to the house to-day that i
3ugar trust exist.
The report. mhich Is signed hy AL
members or tile committee. republicans
md democrats. makes no recommends
tion us tn haw the alleged trust, or
those responsible for ~, shall W. dealt
with. suggesting that this phase OF tho
situation hr handled hy a standing
committee of the house
Keeps the Price Up.
AS to the effect Of the combine on
rhe cost of sugar to the consumer, tho
committee expresses the belief that
monopoly keeps the price up. but
max - no attempt e. fix accurately tho
extent tn which reasonable prices nn-
der competitive conditions are eX-
ccedcd. The report condemns tho
original promot Ms of the sugar trust.
but describes the $4,000 present own
crs of the stool, of the American
Sugar Refining company as innocent
purchasers If profitable stock which
was unlnndcd on them by the few men
wlo organized the sugar trust"
Henry q. HaSemesor ia given credit
for tho organization, ana the report
SAYS;
Genius OF tho Founder.
THAT this colossal speculation has
come through with success and today
stands on an established basis, Is duo
10 tha genius OF It's architect rather
than to any OF the restraining powers
or society as expressed In the laa."
I'VE find strilSingly developed In the
SUGAR Industry several evils adds pfo
committee. aside from the primary
one Of sitting competition. which
EN- to demand remedial legislation
hy congress"
2 The prosecution of the sugar cont
panies by the government Is reviewed.
or the suit brought against the sugar
trust in New York I'm November, 1919.
the rport says:
Bill All Right.
at IL but simple justice to say that
this bill seems To be both carefully
and ably drawn, comprehensive and
well adapted To the purpose at which
1t aims. It is now pending In the cir
cult court"
The committee charges that sincs
the organization of the American
Sugar Refining company In 1891, IL
has violated the sherman law re-
/ peatedly
/ at the time II was chartered tho
sherman law had been In force more
/ than siN months, and both its organ
/ ization and existence. coupled with its
| methods Of doing business. were. as
/ the I stimony seems to Indicate 20
| your committee, a palpable and con-
| tinuing violation of the Sherman law.
| And vet no serious attempt was mada
lprior 10 November 1910 to invoke
the civil remedies provided by thu
anti trust law against the corporation.
/ II nlso is 10 be noted that the govern
has not made any effort to enforce tho
T penal p"oVis ons of the law"
Twenty -nnn actions In the orgnni-
zatian ara operation of the sugar trust.
given az violations of the Sherman law,
nre enumerated, and after tracing the
| growth of the American Sugar Refin-
lrg company and discussing Its alleged
oV republication and sale To It's pres-
ont owners. the report says:
The salient facts indicate with SUI
preme emphasis the basic condition OF
the problem covered by this commit
tee
THAT W. have In this government
! Continued on Page Nine)