The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1912-03-03

| people in New York are also Oh
the lookout and are displaying much
activity. The trust is highly unpop
ular with coffee brokers and mer-
chants as well as with the wholesal-
ers, retailers and consumers. The
brokers and jobbers complain that
there is no speculative possibility.
Its domination OF supplies is such
that anybody attempting an inde-
pendent movement can be swamped
by the OyerpOwering might OF the
trust, either by Withholding supplies
or dumping them in the market
Against the argument submitted
by the independents and allied in
terests the Brazilian government and
the trust point Out that the main
tenance OF price stability and pre-
yenton OF iluctuation in prices have
been advantageous to the trade ana
the consumer. The combination, il is
declared has not advanced the price
beyond reasonable profit point
According to experts of the dc.
partment OF Justice the coffee trus-
has about 100000 bags of coffee
stored in warehouses in America and !
the United States. The production |
has been so far checked by the laws |
of Brazil that last years output !
is believed TO have been less than |
the consumption, so that the world !
Is now beginning to use surplus stock !
which will soon have the effect of !,
raising prices.
TO offset the arbitrary activities |
Of the trust imposed on the consum-
ers in all parts of the world partic- /
ularly the United States, it has been !
suggested by number of lawmakers |
and others that a countervailing duty !
should be placed on brazilian coffee |
imported into the United States. This |
has caused the Brazilian government .
a great deal of concern, as the Unit
ed States is one of its largest buy
ers.
Representative Norris, OF Nebraska,
in discussing the graSping tenden-
cies of the coffee trust and the greed
of the trust officials and the Bra
lillian government, advocates a heavy
dirty on coffee. Diplomats from nearly
all If the coffee growing districts
in the world declare that such "A
measure by the United States would
enable 'heir countries to become big
factors in the coffee trade
Meanwhile with the tariff makers
talking and the diplomats agitatcd.
the department of Justice is SAYING /
nothing and investigating the Amor
lean end Of the coffee trust.
As late as last April. Attorney
Wickersham gave his bureau
of investigation and research the nee
essary authority to send seeyral men
abroad on a secret mission. II %as
found out that their bus
mess abroad was to investigate ;hc
methods of the coffee trust in nand-
ling its products. Men have also
been sent to Brazil, where this end
of the business conducted by the
roifen trust has been thoroughly in
Vestigated. Now the inspectors and
are making a sy5temat.
ic investigation of the trusts meth
ods in the United States.
Just what is to be done with the
trust is not definitely known, in
fact it is not known here whether
the department of Justice considers
a trust monopoly in restraint of trade
At ali events, however, the subject Is
to be thoroughly investigated by the
department and should congress eX-
press Il desire 10 have the colpora-
ton proceeded against under the
sherman antitrust law, Attorney |
General Wickcrsham will be ready
with the facts to do So Il