davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-03-03
Excessive Valuations.

The extraordinary overcapitalization
which characterized most of the large
industrial consultations Of the period
of 1898 TO 1901, was absent in the case
of the International Harvester company,
says Mr. Conant. The original capital
of $120, 600. 900 included $6o,000.o 900 in cash
and $50 900. 900 representing the appra lsal
value of plants. Inventions etc. The
commissioners point out several alleged
excessive valuations, but says that the
value OF the properties plus the cash
capital covered substantially 90 per cent
Of the capital stock Issued and holds that
fair valuation for good WIZ which
was not included in the assets. would
likely have met the remaining 10 per
cent
Excessive valuation. the commissioner
particularly points out. was placed upon
the ore leases of the Deering Harvester
| company, 1t was appraised at 1868 750.
estimated by Mr.. ConaDt to have been
ST. 000. 000 too high at that time These
ore valuations. no adds. caused much
dissatisfaction among the combining In
terests themselves. especially the McCor-
NIL
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-03-03
Control of Polices.

THE company at one time openly at
tempted, through clause in its commits
sion contracts. TO control the price paid
for It's machines by the farmer to the
retail dealer Since the elimination OF
this clause, suggested retail price lists
have been rather generally circulated by
some OF its branch officers, apparently for
the purpose Of indirectly maintaining the
retail price, although the company con-
tends that these lists are intended for
the use OF It's employees in furnishing In
formation to purchasers. and processes
to discourage their issuance TO dealers. IT
is evident however. that II could COM
pletely stop this practice II 1t really
wished to-"
Although new competition OF great sig
nifcance has begun to appear, the com
missioner points out that the combina
ton in 1911 still had about sc per cent
Of the production of binders, rs per cent
OF the production OF mowers and 72 per
cent OF the production OF rakes. In
| manure spreaders, he adds, it appears
| to have over half OF the business
in disk harrows approximately 40 per
cent. and to be increasing Its proportion
| in several other lines, such as wagons
| and gasoline engines.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-03-03
Competition Handicapped.

.The company's own records show that
this was one purpose at least in making
this distribution OF its brands. and IT ap-
pears to have had some practical effect in
handicapping competition.
Special discriminatory prices and
terms have been reported in a number
OF Instances, but the general policy Of the
company Is to maintain high prices in
the monopolized lines; In the principal
new lines. however, where considerable
competition is encountered, unusually low
prices and long terms have been gem
orally employed
Another rather general complaint is
that statesmen Of the international Har-
vester company represent that purchasers
OF competing lines of harvesting machines
Will be unable to secure repair parts, n
matter OF much practical Importance. Of
fcers Of the International Harvester
company admit that this was at one time
a common characteristic OF competition
In the harvesting machine Industry, but
that the company Is opposed to the prac-
tice and has used active efforts TO elm
lnate IT. The bureau, however, received
rather numerous complaints Of this char
acter.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-03-03
Not Over-capitalized.

But, even so. It justified the com,
pany with respect to the fundamental
matters OF honest capitalization, moder,
ate profits and fair prices. Compelled
by the proof of independent appraise-
ments, the report grudgingly comedies
that this company. unlike many other
large corporations is not ver-capital
ized It admits that It's profits have
not been excessive-averaging even by
the bureaus own unfair figures less than
So per cent per year. While drawing
unfavorable inferences from trivial and
exceptional instances Of misconduct by
employees, the bureau fails to draw from
the important facts of fair capitallza-
ton reasonable prices and moderate prof
its. the conclusion that the American
farmer has been benefited, The bu-
reau could not resist saying that In
some cases they found lower margin
OF profit was made
''rhe bureau comedies what this com
pany has always claimed, that Its for
nation was to secure the most economi-
cal production. We have secured IL
Harvesting machines are the cheapest
things the farmer buys. Their prices
have remained level during an era oil
generally iDcrea sing costs, The farmer
pays more for nearly everything else ne
purchases including other lines of agri-
cultural implements, than he pays fol
harVesters
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-03-03
ATTORNEY MAKES DENIAL.
No Truth In Report That Railway Pro-
moter Asked for More Money.
Special to The Tribune.

Special to The Tribune.
LOGAN. March 2.-Attorney Fred
Crockett, who represents the promoters
OF the Golightly- Wells Interurban Railway
ing two weeks In Philadelphia, New York
and Washington, comforting with the peo-
pie from whom Wells is endeavoring to
obtain the money with which to build
liberty TO give out any details of his
trip but that the Wells road will likely
he built next summer. The announce
mcnts OF the Eccles interests, as to their
plans for extending their lines into Cache
valley, he AYERS. will in no way retard
the progress OF his company
There was report current here that
Wells had demanded another approDria :
ton of $4,000 in cash before he would
furnish the means with which to begin
work, and Mr.. Crockett denied this most
emphatcally. He said that hereafter Mr..
Wells would he but one member OF the
company and not it's agent; The farmers
and others al Lewiston who put up the
$4,000 forfeit bond will have just as much
To say hereafter as will p. a. Wells, and
they do not intend TO forfeit that $1,000.
but will build the road They have al
ready made Il start at Lewiston and
therefore have until August Z in which
to get seven miles of road constructed
and in operation.
Meanwhile. the Eccles managers here
are getting ready TO resume work lust
as soon as the weather Will permit on
their extension both ways from this city.
They have hundreds or perhaps thou
sands OF ties on hand here and have
ordered sixteen miles of steel Mr. Crock
EFT is very plain I'm charging that the
Eccles road is a Short Line adjunct and
that the delay that his people have ex-
perienced in getting funds promised them
the activity of the Short Line interests
and the exercise OF the influences that
that road can command in the east
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-03-03
WHAT THE
INTERNAL BATH
Is Doing for Humanity

Under our present mode OF living the
large intestine (the colon) cannot get rid
OF all the waste that II accumulaies. so II
clogs up. and then biliousness. constipa-
tion is the result, and that lack OF desire
TO do. 10 work. to think.
This waste In the colon as we all
know. is extremely poisonous. and II
neglected the blood takes up the poisons
and brings on countless very serious
ppendicitis is directly caused
by waste in the colon.
n the colon is kept clean and pure you
will always feel bright and capable
never blue and nervous-always up to
Concert pitch
There is just one Internal Bath which
vii! keep the colon as sweet and clean
nature demands IL TO be for perfect
health-that is the ~. b. l.. Cascade
Many thousands are using It, and doc
tors prescribing II with great success all
over the world. 1t is now being shown
and explained by Schramm- johnson,
Drugs. The Never -Suostitutors.'' Five
(5) Good Stores
ASK for booklet. why Man OF Today Is
Only 90 Per Cent Efficient"
ADVERTISEMENT
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-03-03
Point to Consider.

1T is important to consider" the re-
port declares. that the bankers who
dominated the organization OF the In
ternational Harvester company also or
gan!zed the United States Steel corpora
ton, officers OF which had. only n few
weeks before In important litigation then
pending against that company, submit
ted affidavits to the effect that the value
OF It's ore. taking leaseholds. and fec in
Discriminatory was 500. 100000, or ap-
proximately 81 per ton. Mr.. Perkins. 10
whom was left the appraisal OF these
ore properties. and who also was chair
man OF the finance committee of the
steel corporation, was therefore In no
position TO deny an excessive yalua ton
for this "Deerlng orc"
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-03-03
VIII All Turn Out.

Promptly at 1O:45 committee of stu
dents Will call at the Wilson bungalow
with three automobiles. At the station
the entire student body OF tho university
will gather TO say farewell and cheer.
II wonder II they'll put me through
the car window" unused Mr. Wilson when
he heard OF the programme. 1t is a
Princeton custom that when a student
leaves Princeton with his diploma, his
classmates gather at the station, put his
suitcases through the car windows and
hoist him upward and through the win
dow too singing a time -honored song as
the ceremony proceeds. 1t is usually one
of the most striking scenes Of commence
ment week There is little likelihood that
this farewell which Woodrow Wilson re-
celved as a graduate of the class OF 1879
Will be repeated. About 500 students will
be aboard the train but the remainder
Will go on later sections.
The president-ele and his family were
busy packing most of the day. The little
Wilson bungalow was practically disman-
tied by nightfall. everything being packed
away in nearly two score trunks
For the first time in many weeks the
Wilson family circle was complete at sup
per tonight, Miss Margaret Wilson, the
eldest daughter, has been spending most
of her time in New York studying music
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-03-03
ARE THESE FIVE
ALL ACCIDENTS F?

A NJ Kendall. shoe dealer OF Colorado
City,. Colo, seventy years OF age. was
in what appeared to be the final clutches
OF Brght's. The treatment was changed
and in three months he wrote that he
considered himself we'll.
He has a neighbor, n grocer, j. ]. Aben-
sham, sixty eight years OF age, who had
Brights Disease. 1.-The best doctors he
could get told him there was no help for
him and advised him to settle up his ac-
counts Kendall told him about his own
case and Abensham too recovered. In
giving us these facts Kendall closes:
"There are three others here who have
been cured since l was"
One OF the above recoverles might have
been an accident, but how about all five?
These people are not in league with Full
toms Renal Compound and the durability
Of Bright's Disease is a fact II one-tenth
OF the letters we have received are true.
With failure admitted by the books un-
der the old treatment In chronic Bright's
Disease and with reports like the above
from many patients on this treatment
how can any one be undecided. If you
have Bright's Disease you owe II to YOUR
self and family 10 try Fulton's Renal
Compound before giving up. You can get
Ii at Schramm-J Johnson Drugs. The
Never -Substitutors." Five (5) Good
Stores.
For pamphlet on our investigation into
cura bility Of Bright's Disease. write
John J, Fulton Co. San Francisco.
tAdvcrtisomcnt)
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-03-03
| |RR|GATE $4,000
| ACRES OF GROUND
Drk viii Be Done by Com
panies This Spring and
Summer.

Nal 10 The Tribune.
ROVO. March about 1o,00J acres
and will be placed under irrigation
he Provo Reservoir and Utah Lake
alton companies this spring and sum
About 1000 of this will be on the
side OF the Jordan river In the
b OF Utah county and the rest will
On the west side under the Utah
Irrigation company America n
4 Lehi and Pleasant Grove receive
lt SO per cent OF their water at
emf from American Fork canyon. but
Provo reservoir Will furnish more
pr than comes down this canyon. The
br will be pumped from Utah lake
sent over the large tract OF land
means OF tunnels and canals till IL
north OF the county. where 1t is
q the west side OF the river a long
lei Is almost completed to the bor-
Of Salt Lake county, which Will carry
er from Utah lake to a large section
side OF the Jordan river in Salt
county. This tunnel is second only
he Strawberry tunnel, and is nearly
1ile in length, and cemented all the
II will carry 200 second feet OF
er and the Intake is one mile above
Atoga Springs on the northwest corner
he lake. Large pumps are in place
will begin pumping next week They
waiting for electric power to be at
led.
lille very little has been said OF these
4 companies they have been quietly
king away and getting everything in
tiness for the water to be turned into
ie canals in the early spring. The
Ipanies ere practically owned and
need by the same officers. but they
ate under separate heads. Joseph
Hurdock Is president and one of the
hest stockholders In these two COM
les. The knights are also interested
small measure: holding about n one
d interest in the Provo Reservoir
r1anv
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-03-03
WOMEN THAT MEN ADMIRE,

1t is true men admire pretty face
and a good figure, but sooner or later
they learn that it is the healthy, hap.
py woman that is most of all to be
admired. Women who are troubled
with nervousness, backache, the blues
or other symptoms incident to female
ills that drag woman down to de-
spar, should not forget that Lydia
IL. Pinkham's Vegetable Compound
has brought health and happiness to
more women in America than any 9th
er remedy and should Mt least give 6t a
trial (Advcrtisemcnt).
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-03-03
FAMILY OF WILSON
READY TO DEPART

PRINCETON, n. j., March with
but one day remaining before his inaugu-
President elect Woodrow Wilson prepa red
tonight for his trip TO the national cap
ital tomorrow. It was his last night at
his home In the historic little town where
er busy day OF farewells, Mr.. Wilson
and his family were ready for their de-
parture at III a. m. tomorrow for Wash
ington.
Princeton university, the trip to Wash
ington will be distinctly Princeton af-
fair. The president elect and his family
Will be the guests OF the students, who
The students were so delighted that their
former president accepted the invita- tior
for the journey to the White house that
they arranged every detail with the most
minute attention
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-03-03
Troops Pouring In.

Among the organizations which arrived
today were the New York First cavalry.
the Massachusetts Coast artillery, the
Eighth Massachusetts regiment. Massa
chusetts militia, Worcester and Massa
chusetts volunteer militia, troop D: Mas
sachusetts Democratic state committee,
Woodrow Wilson Democratic league OF
Newark. y. j.; New York Thirteenth
Coast artillery the Boston Fusilier corps
the Maine national guard, Twelfth COM
Georgia. The Essex troop OF New Jer-
sey which Is to serve as official escort
to the president t-elect also arrived to-
day.
The Tammanv braves from New York,
who will Join In an inaugural parade for
the first time In twenty years, are be-
ing awaited with great interest They
VIII arrive in six special trains tomor-
row About 20. 900 persons. Il is esti-
mated Will march in the parade
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-03-03
EVERY DETAIL FOR
AFFAIR COMPLETE
Continued from Page One.)

Continued from Page One.)
chairman of the committee will greet
the party at the train and escort them
through the lines OF students TO the re-
ception room. The ceremony at the sta
ton will be brief The president ect
and his family will then be driven TO
their hotel without military or other es-
cort. Early in the evening the Wilson
family Will dine privately with Joseph
Wilson OF Tennessee. brother OF the presi-
sylvania, his cousin, who will be host at
the dinner. Later in the evening Mr..
Wilson will be the guest at smoker OF
the Princeton alumni This will conclude
his programme for the day.
On Tuesday morning Senator's Crane,
Overman and Bacon and Representatives
Mckinley, Eucker and Garrett. compris-
Ing the joint congressional committee on
the Inauguration. will call at the hotel
for the prcsdent-eect and Vice Presi-
dent elect Marshall They will be driven
10 the White house, escorted by the
Essex troop and the Black Horse troop
OF the Culver Military academy through
lines OF students from Princeton univer-
sity and the University OF Virginia. Pres
ident Taft will await them and the whole
party will proceed TO the senate cham
Der at the capitol where the ceremonies
VIII begin at noon with the inauguration
of the vice president and swearing In OF
senator's elect Then will follow the
presidential Inauguration. the return TO
the White house. where the retiring
and the reviewing OF the pageant from
the court OF honor
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-03-03
HARVESTER COMPANY
ATTACKED IN REPORT
CONTINUED from Page One.)

is declared by the commissioner to
have acquired secretly control Of D. M.
Osborne &c Co., its chief competitor;
the Minnie Harvester company, the
Aultman-Miller company and the Key
stone company. These are referred to
as "bogus independents. The secret
control Of the Osborne company, the
report says, was maintained for nearly
two years, while it was being adver-
tised as an independent concern. These
representations, it is alleged, were sup
ported by its managers in sworn state
ments that it was an independent COM
Dany
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-03-03
Developed the Trade.

THE new lines which the bureau crti-
cises the company for developing. such
as farm tractors, engines and manure
spreaders, are largely new implements
in the line OF more scientific farming.
The company has led In developing this
trade and It's campaign OF development
has been distinct advantage to other
manufacturers as well as TO the farm
ers.
''On the question Of temporarily con-
ter plants, the report impeaches the
sworn testimony Of the governmemt
own witnesses In tho equity suit. Tbe
owners OF the selling companies were
called by the government TO prove such
copcealment; but they testified that
that course was not taken at the IN
stance Of the international Harvester
company. or for It's benefit: that IL was
done To enable one selling company TO
collect its $4,000. 900 OF outstanding ac-
pany to liquidate its affairs. and third
to protect its guaranty Of receivables
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-03-03
Plan Unsatisfactory.

The stock Of the company Commits
sfoner Conant says, has been closely held
by the former interests, the Mccormick
and Deering families having throughout
held a large majority OF the total. while
considerable amounts also have been re-
tained by other stockholders,
This fact" he continues. assumes es-
pecial Importance In view OF the pend
Ing dissolution suit OF the government
against the company"
Pointing TO the recent action Of the
company in splitting into two corpora
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-03-03
HAS RECLAMATION PLAN,
Former Provo Man Pays Visit to Garden
City and Boosts Project.

City and Boosts Project.
Special To The Tribune.
PROVO, March 2.-J, w. Bell former
ly OF Provo but now of Mancos, Colo,
liz here In the interest OF a reclamation
project In New Mexico. and Will visit
eastern Utah and Colorado for the pur-
pose Of presenting his project. 1t is the
reclamation OF the Great American val
ley In Socorro county, New Mexico,
which contains about $4,000 acres OF rich
land, with facilities for reservoiring ir-
Igatiop water. of which there la an
abundance. There are also large guam
titles of coal and timber close TO the
land and. according TO Mr.. Bell, 1t IS
an Ideal place for making homes.
One OF the natural curiositles OF the
valley Is a crater and small lake filled
with salt water. No bottom has been
rea ched in the crater. although It has
been sounded 10 a depth OF 500 feet. The
valley Is sixty miles west OF Albu-
qucrdue, which Is the nearest railroad
station. 1t is forty miles east OF ST.
Johns, Ariz. A company has been formed
10 construct a reservoir and 10 reclaim
the land under the Carey act.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-03-03
Wanted the Report.

"At one time we objected to suit
being commenced against US until the
bureau OF corporations had filed its re-
port; and we have repeatedly urged TINS
however, until the suit was brought, and
the bureau had fully considered the gov
ernment's 1000 pages OF evidence. At this
juncture as q matter OF elementary JUS
tice, we made three requests:
First, that the bureau having con-
sIdered the testimony on one side OF
the case. should not close its report un-
other side; second we asked IT not to
embarrass the administration Of Justice
by undertaking to derde on this one,
sided testimony the same questions OF
fact that the court must determine after
hearing both sides: third. we asked that
the report be withheld during the pen
deDcy of the litigation.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-03-03
JOSEPH .. REYNOLDS DIES.
Prominent In Business Affairs Of
SprInsvIlIe for Many Years.

p1al 10 The TrIhune-
March 2.-Joseph d.
.nolds, one of the leading business men
his city, died here at Z O'Clock this
ming OF general debility. He was
Il February 3, 1888, In Yorkshire, Eng
|. and came TO Utah in 1852, soon
y having accepted the Mormon faith.
'fettled in Springville. where he worked
'lis trade as a tailor. until he and his
4 Henry r Reynolds. founded the
'cantile business OF II. T. Reynolds &,
L Henry r Reynolds Is a representa- :
: from Utah county III the lower house
Che legislature
widow and ten sons and four daugh-
survive. Funeral services will be
at | o'clock Tuesday afternoon In
I general meeting house at Spring
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-03-03
Academy Wins Debate,
Special TO The Tribune.

Speclal 10 Inc lTlDuHc'
POCATELLO, Ida. March Last Sat-
urday night the Academy OF Idaho de-
bate team. supporting the affirmative Of
the question regarding the primary sys-
tenn OF nominating presidents OF the
United States. won an unanimous victory
over the negative team, representing the
College OF Idaho at Caldwell. John White
OF Rexburg was the stnr OF tho even
ing His rebuttal shattered the visitors
argument into fragments. Carlisle Dow
ery OF Twin Falls and Louis Gallet OF
Pocatcllo were the other members of the
Affirmative team,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-03-03
Confession Not Believed.
to The Tribune

rIuI 10 TIC IFIOuNeI
ROVO. March 1.-The Denver Off
\ seem to have decided that John
bier, who has been held in Jail al
ingvile on his confession TO City Mar
4 Wallace Bird OF killing a man al
hi Junction, near Denver. q year ago
not wanted in Colorado, The mans
her is coming from Denver TO see
!, and will probably take him back
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-03-03
To Get Elk Here.
Special to The Tribune,

Special TO The Trlbunc,
PROVO March 2.--Chief Deputy D.
II. Madsen left Salt Lake Yesterday and
from there will go To the Jackson Hole
(wyoming) country TO bring elk 10 be
placed In the Weber forest reserve, An
eighty-acre tract Of land situated on tho
Utah~Juab county line has been secured
for a temporary reserve.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-03-03
Mobs Attack Italians.

TRIPOLI, March 2.-Several hundred
Arabs today attacked an Italian post.
but were repulsed with heavy losses.
They left thirty-five dead and carrie
off others In addition to the wounded.
On the italian side two native soldiers
were killed and an officer was wounded.