New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-11-01
TELLS HOW PERKINS
TOOK HARVESTER RIVAL
John J. GIeSSner TeStltleS as to
Absorption ito Develop
Foreign Field"
TOOK STOCK AND MONEY
Counsel to Mccormick Concern
Refuses to Answer the
Government Questions
About Trust.
TOOK STOCK AND MONEY

Chicago. oct. 3l.-Details Of the meth
DDS by which the International Harvester
Company was formed from competing
harvester manufacturing companies were
related to-day BY John J. Glessner, vice
president and director OF the corpora
ton. testIfylng before master here In
the governments suit for dissolution OF
the international Harvester Company.
Mr.. Glessner told Of his summons TO
Now York to talk with George W. Per
kins about the sale Of the property or
" arder, Bushnell & Glessner, manu-
facturers Of the Champion line OF har-
yestng machinery.
r started IN the business In 1859" he
said. The hrst suggestion our firm re-
teiyed that Il sell it's property was in
July. 1902. We received telegram from
Mr. Perkins asking Mr.. Bushnell and my
self to come to New York and consider
an OFFER for our business.
we made half dozen trips. On the first
visit We told Mr. Perkins We would sell II
We got what we thought the property was
worth. lie said ne would give us stock
I'm the new company G.d part cash. one
of the objects Of the combine, he said,
was 10 develop the foreign field. We ac-
cepted the terms. and the transfer OF our
stock was made TO William G. Lane July
2S. 1902
Were you surprised after the deal mad
been completed that you were made VICE
president OF the International Harvester
Company
mo | W. ct" replied Mr.. Glessner,
because | expected that the organizes
would need ali thc help they could get,
Mr.. Glessner W. unable 10 recall the
details OF the negotiations OF July S,l"2,
when representatives Of the different
harvester companies met in the office OF
a New York attorney and transferred
their properties to William c. Lane.
Did you know who the officers Of the
new company were to be-" asked Mr..
Grosvenor
mo. Mr.. Perkins said he would select
a name for the company and choose the
officers LATER said the witness.
Declaring that information which came
10 him I'm his capacity as an attorney. Is
confidential and privileged under the
rulinR OF the courts. Cyrus Bentley,
former counsel for the Mccormick Har-
yester Company, to-day declined 10 an
swer questions regarding conferences
held In New York prior to the organiza-
ON Of the International Harvester Com
pany. when called as a witness In the
governments dissolution suit
Council FOR the government questioned
the witness regarding the visit made by
members II the Mccormick family to
tn ,8.it, EnanIi.rg
ming the combira ton of harvester
anufacturers. but MI Bentley declined
% reveal any OF the secrets OF the con
erences.
Edwin F.. Grosvenor of counsel for the
government, contended that where a third
person was present with an attorney and
his client. the subject matter could not
be considered confidential and urIyileged
That may be true. but / do not under
stand it that way, and must decline to
disclose information received from a
client while acting as counsel" said Mr..
Bentley.
The witness said he was not present
at the meeting In New York. July IS, 1902
when preliminary steps were taken for
the organization Of the International
Harvester Company.
Bentley was then excused, and William
NJ. Reay, controller for the International
Harvester Company, produced the APP
praisals OF the plants Of the Mccormick
Deering, Plano and Milwaukee companies
used in determining the value OF the
properties when the consolidation was put
into effect I'm 1902 They were offered in
evidence.
h. y. Wood, secretary OF the Interna-
tional Harvester Company OF America
the sales corporation for The combination,
deu titled numerous catalogt 3D. and price
lists sent to agents between 1905 and 1911
20 show Tat the different lines OF ma
chimes 'aaI trademark names were
adver separately ana that standard
prices were maintained
Oliver E. Tagin, In charge OF the draw
ing OF indictments I'm the OH ce OF the
Uni. ed S'''ar Attorney General, arrived