The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1913-03-03
1BY ASSOCIATED PlBss

WASHINGTON. MafsS5ta As
power Of the International
company-the soealled Etatse ss'
trrst-lwhich the FEDERAL sSSe
is seeking to dissolve iInatt
man law, lies in It's monopSIs tie rs
ton, It's superior comman1S eal
including It's, connections
Morgan and Company and John
Rockefeller, and certain oHlc tion1els
competitive methods, septtiak g
Luther Conant, Jr., comnalsiott
Corporations, in his reportaf tht
erations Of the giant corpealtop
mi;ted to President Taft tctaS
The chief features Of tSs5 Iatetllas
tionaI Harvester conipags
tions,' says Mr.. Conant. am tae
stantiaI maintenance OF IL 8piopssto
l!stic position in the. hagyEsttii ill
chine business, Originally edtlred
through combinutionT and IS
sions ON Il large scale intOissw lsnes
OF thu farm.machinery inda5rz IS
company has been able to4S
part throsgh the acqpisiIietSct one
Of its chief rivals in the Sitsessill
machine business! in part tsitig
mcnopolisttc advantage IN taess nssi
vesting-machlne lines to fogtA the x
OF its new lines: in part W. "
Objectionable competitive etlies
and especially through Its &sse tlonal
command of capital; itselli' VS.
OF combination"
The harvester inyestasI!e
made in response to q sstals Fsscin'
ton passed several yeaIsIss g
Gently a request was made
sentatiyes OF the cornpanl aas sll,
report be withheld peadiHs ae
come OF the antitrust suit
dent Turt decided 10 make ltpitl "a
The combination, tile gpet s
ciares. was arranged IN Ieps by
former owners Of five l94atng
peting concerns, and was rg sss
oueutIy asserted" a mere saseot t1elt
properties to new interests on 6ttlss
point, Mr.. Conant says:
1T has been ropresentellp lp tor1aal
testimony by officers Of thsconpan
and It's financial promoter q
kins, then of the firm of .. btonslti
4 Co., that It's organization was Ilet
the result OF concerted action BY Pie
former competing owners, bgt 3lnefely
of the purchase OF their pYSSerties ~
new and outside interests. Docttm sl3
tary evidence gathered byte Bureau
completely disp6ses Of thisfpnten telis
and shows that the prtncipal eonpe
ing interests considered and disepssstl
among themselves, the fofSatiol g
this combination and wercletlgs ips
bringing il about
Great resources came tolthe e2E1fg ~ I
uny, it is asserted, throughtiie corls
rbination. the financial support Of
p. Morgan and CompanS, bfipanslaI
agents, and large loans secured from
John D. Rockefeller, fatherlHlag ot
member Of The McCormiSt tan
which owns a large portio1of the tos
tai stock OF the corporatlo9.
These exceptional resources
Conant maintains, not only shable
harvester company. 10 "Stute ie
economies Of Iarge.scale S3efat
which, as rule. give it.s.aSrlsedl q;
vantages in manufacturing Oyst
also enable it 10 maintalaS ysiy
elaborate selling orsanizatsa ~
tue OF the variety and exIspt p
business Furthermore, iAY slse
q great advantage in. extepllig cFe
10 purchasers. an eXceedIhFS
ant feature Of the fdfmtnt4s6lnsr M
dustry." S.
Between lyOS and 1904 the con.
pauy is declared by the Coaniss nst
to have acquired secreaSssntFoa
D. NJ. Osborne & Co. itslSaief
pe.itor. the Minnie Harretlsr
rany. the AuItman.MilieF cSs and
Keystone Co. These are9fIiesEed
as bogus independcn;s@ ME- secEe
control Of the Osborne Company
report says, was maintained Tor
CONTINUED on rage FIe.1