New-York tribune., 1912-01-03

tween 1898 and 1896 was given by Henry
Veeder.
What name was the combination
known by" asked Mr.. Butler.
81 never heard any name used"
What did you call these fines as
sessed against members because of over
shipping
II referred to them as collections and
payments
Other questions and the replies of Mr.
Needer we're:
Would it be possible for member OF
the combination to suspend operations In
the shipment Of beef into certain terri
tory one week and receive his part OF the
fines assessed for overshipments?' asked
Mr. Butler.
YES"
"Was that ever done""
Eyes. l guess it was"
1.-THE same general rule applied to all the
territories i'm which the combine did busi-
ness2'
Yes"
What use was made of the margin
sheets"
ut showed the profit made in each par
ticular market
"Will you please illustrator"
."Well, take Albany, n. Y. as an exam
pie. If the margin reports showed loss in
that market it Indicated that territory was
flooded. II the margins showed a profit, it
showed the supply was satisfactory"
What action was taken by the pool TO
remedy the situation?
49,.
regulated at the weekly meetings so as TO
get satisfactory results"
The defence agreed TO turn over the
books and papers of the National Packing
Company and other corporations involved
but insisted that the documents be placed
in custody of an officer of the court. No
agreement was reached.
Mr.. Veeder testified that no meetings OF
the combine were held between 1926 and
1895
AT the suggestion of f. J. Martin, OF
Armour & Co., statistical bureau was
organized. TO which weekly reports Of the
amount OF beef shipped and prices received
were transmitted by mail. The same pack
ers were in the new plan as in the old
pool" nc said.
What was the reason for the abandon
ment OF the old pool and the organization
Of the statistical bureau?
THE Schwarzschild & SulzberSer peo-
pie had increased their business TO such an
extent that IL was impossible to prevent the
flooding of certain markets and maintain
prices"
"1s il not true that a government investi-
cation Of the packers was begun and that
led the packers TO dissolve the old pool
asked Mr.. Butler.
There was some kind of an investss-
ton, but do not remember the details or
the dates replied Mr. Eeeder
Packers Went Back to Old Plan.
The witness said the statistical bureau
remained in existence until January 1879,
when the packers went back to the old a..
rangemcnt of holding meetings every Tues
day 10 determine prices and apportion bus-
ness on a percentage basis.
In March. 1898. the witness said. Schwarz-
schild & Sulzberger were taken into the
combination. and sent n representative 10
the meetings.
That agreement, the witness said, was
FOR three years, aud expired i'm 1901. when
a new agreement for three years was ell
tered into.
Continuing his recital. Voeder said that
under the agreement mado i'm 1898 the pen
atty charge for Oycrshipmcnt was aj cents
per hundred pounds.
lie said comparative statements of prOht
margins were furnished members on appli-
cation, and added that he believed all trace
of the agreements OF 1898 and 1901 had ocen
destroyed
Some time between 1895 and 1902 the
agreement in certain territory was applied
10 fresh mutton as we'll as beef and the
penalty fixed for overshipment was y A
hundred pounds. In 1902 the agreement was
extended TO include veal in certain terri
tory" continued the witness
Henry Needer was on the stand when
court adjourned and ho will resume lis
story tomorrow morning