The evening times. [volume] (Grand Forks, N.D.) 1906-1914, 1912-09-17
COMPETITION IN
HARVEST TOOLS
Officer of international Says
Competition Enters Into
Nearly Every Implement

l Chicago. sept. t"o
; business Of his competitors. Clarence
S. Funk. general manager OF the IN
ternational Harvester company IN the
governments antitrust suit against
that corporation, testified that there
hardly was a farm implement IN
whose manufacture and sale did not
exist.
The government suit for the dissolu-
ton Of the harvester company asserts
corporation m~onopolizes the harvest
ing machinery business Of the country
and Nes the prices Ito the serious IN
jury Of the farmers"
The government attorneys present.
ed what purported to be the original
kins, Cyrus H. Mccormick and Chae.
Deering formed "a voting trust which
placed them in absolute control OF the
$780, 900. 900 corporation. The agree
ment. dated Aug. ~, 1902. was for ten
years and expired a few weeks ago.
William H. Jones Of Foster. Cal,
one Of the vice presidents. testified
that in July 1902 he went to New York
in response to a telegram from AL
bert H. Gray. of the steel corporation
and in consequence Of that visit the
Plano Manufacturing company was
sold to the Harvester company.
That was the year In which. the
government charges, the harvester
company formed a trust in restraint
Of trade" Mr.. Jones was president OF
the Plano company. capitalized at
$500. 900.
His testimony was taken before
Special Examiner Robert s. Taylor.
with Edwin p. Grosvenor. a special
assistant to the attorney general, ap-
pearing for the government.
When I received Mr.. Gray's tele-
gram" said Mr.. Jones, Il vent to New
p. Morgan and company where he in
troduced me to George w. Perkins.
Mr.. Perkins asked me whether I
wanted to sell out. told him I
would on a fair basis. 1 didn't then
know to whom he, wished me to sell.
but at the end Of the month. after
seeing MI. Perkins about fifteen times
I was told to whom and I agreed to
accept stock In the new company for
the Plano company. I know Mr.. Per-
kins was trying to get other COM
panies. He said he already had an OPP
ton on a Milwaukee plant"
stockholders' meetings Of the Harves-
ter company"
NO: my stock was held for ten
years by Mr.. Perkins. Charles Deering
and Cyrus H. Mccormick, the voting
trustees"
After Mr.. Jones' examination gov
eminent attorneys announced 1t was
not decided whether Mr.. Perkins
would be called as q witness for the
government" The taking OF testi-
mony here, which probably will on
tinue q week. will be followed by
hearings in New York and st. Paul.
TloRanrA g EH,vNL tAat{AAl thA 44~a-
pany owned all the stock in the fol.
lowing companies:
International Flax Twine company.
st. Paul.
Wisconsin Steel company. Of which
H. F.. Perkins, the president, Is also a
division manager in the Harvester
company.
Wisconsin Lumber company. Of
which H. F. Perkins Is president.
Illinois Northern railroad company.
Of which F. B. Montgomery. the pres
ident. is head of the trafic depart
ment of the Harvester company.
company bought the products Of
plants Of companies other than those
in which 1t had stock. He said he
often was called upon to act as UNI
pire to determine the prices at which
the International Harvester company
Of America. the selling company, was
to pay for the products Of the Inter-
national Harvester company of New
jersey. the producing company.
1T is tru that the New Jersey
company sells to the American COM
pany at prices at which the American
company is to sell. SO that the Ameri-
can company makes no money!"
I'VE aim to buy from the New Jer-
sey company at the same price at
which We would buy from any other
company. but 1t is a fact that the
American company has paid no divi-
dends."