Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1913-11-03
CLOSE TRIAL OF
HARVESTER
TRUST
ARGUMENTS STARTED BY The GOV
ERNMENT TO-DAY IN ST. PAUL
IN The DISSOLUTION CASE
AGAINST The INTERNATIONAL
HARVESTER COMPANY.
effective DISSOLUTION
IS ASKED BY PROSECUTOR

St Paul, Mimi, Nov. edwin P.
Grosvenor. special assistant to Attor
ney General McReynolds, in opening
final arguments for dissolution of the
International Harvester company, be-
fore the United States district court
here, asked for dissolution in such
manner as to prevent, effectively a
possibility of two or more of the dis
integrated parts coming into owner
ship of companies having common
stockholders.
Mr.. Grosvenor declared that the In
ternational Harvester company is OF
itself combination in restraint OF
trade in harvesting implements, and
monopoly. and as such, proper safe
guards should be made by the courts
to prevent possible re-establishment
of such monopoly, after dissolution,
by the method of interlocking direc-
torates. Mr.. Grosvenor pointed out
how the supreme court had applied
the standard or rule of reason" In
nine cases decided since the court es-
tablished the rule in the standard Oil
and tobacco decisions, holding every
combination unlawful that smothers
competition and monopolizes trade.
Opposing counsel entered the Unit
ed States district court here today for
the final struggle in the governments
suit to dissolve the International Har.
vester company, as a monopoly In Vlo-
lation of the Sherman law.
According to an announcement
made this morning, after the certlh-
cate and report of special examiner
Robert S. Taylor has been returned to
the court, counsel for the government
will occupy the entire day and possl'
bly, a portion of tomorrow's session in
/ the presentation OF arguments. IL
was indicated that the brief and argu-
ment of the defense might. take even
! longer.
| Attorney General James c. Mickey
polds, Edwin p. Grosvenor, special as
I sistant to the attorney general, and
/ Joseph r. Darling special agent OF
the department of Justice, were i'll the.
city to represent the government. The
Harvester company had formidable
array of counsel including Judge VIM.
| d. McHugh, of Omaha, Frank B. Kel-
logg, of st. Paul, Edgar A. Bancroft,
John p. Wilson, Philip A. Post, Victor
! A. Remy and w. M. Stilwell, the last
five being from Chicago.
/ Cyrus H. Mccormick" Mr.. Grosve-
nor said, event to New York in the
spring of 1902 to consult some of the
leading lawyers to see whether a COM
bnation of the harvesting manufacture
ers could be made, legally"
"ie saw William Nelson Cromwell.
Francis Linde Stetson, and others.
Cromwell said there was nothing to
prevent man selling his business and
another buying it. They seized on this
idea and sought to give the combina.
ton the appearance of being separate
sales of property.
"These sales they made to dun.
my named w. C. Lane. president of
the Standard Trust company, who i'm.
!mediately conveyed all the property to
the new corporation. All the manu-
facturers met and signed the prelimin.
airy papers in Paul D. Cravath's office
at 40 Wall street, July %, 1902.
"The witness Swift testified that
Stetson had devised the plan Of having
sales through the dummy Lane on the
ground that this was the best method
of evading the antitrust law"