The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-06-17
BIG PROFIT MADE
BY THE BANKERS
New Plants and Better
nents Make Up for
Over Capitalization;
Witness TO Organize
Another Trust if Sugar
Goes on Free List.

WASHINGTON, June 16.-Henry T.
O1nard, known as the 'father Of the
beet Industry" and vice president
Of the American Beet Sugar company,
was the principal witness today before
the senate lobby investigating commit
tee. Mr., Oxnard was on the stand for
several hours, and proved an entertain
ing witness He told the committee
how New York bankers vino helped to
organize the beet sugar company in.
sisted upon putting in about $15 1000, 900
water III a $4,000, 900 corporation. How
he and his brothers had made about a
million by the sale OF their watered
stock, and gave warning that the I'm
derwood bill, with it's free sugar pro
vision. would result, in his opinion, in
the formation of new "sugar trust
which would not violate the antitrust
law,
The committeeman took Mr.. Oxnard
over the ground that other anti-free
sugar witnesses have covered. He told
them he received $4,000 year in his
Official capacity, but 1t was not for
Legislative work. -
Knew About Pamphlet.
The questioners learned that he had
been fighting reductions in sugar duties
for many years, and heard with interest
that he knew something about "Sugar
at Glance" the celebrated pamphlet
that was made a senate document and
sent over the country, postage free. under
the frank OF Senator Lodge.
The committee got a surprise today
when A. Y. More. owner OF the Fargo
IN, ID Courier-News, and A. NJ. Baker.
general manager Of that paper. gave their
testimony about an editorial recently
printed in the News. which Senator
Gronna thought was reflection upon
him and which led to their being sub
poenaed- Both men made the long trip
to Washington In answer to tho senate
summons and then declared under oath
that they knew nothing OF the editorial
until they saw II In print II was writ
ten, they said, by James A, Metcalte OF
Glendivo. Mont. temporarily employed
while Baker was away from Fargo.
Both More and Baker said that they had
no reason to doubt Senator Gronna's po-
ltical and private integrity and honesty.
and More said thnt retracton might be
printed. MetCaife had written the edi-
torial, they thought. merely in a tlippant
way
Denver Lobbyist.
Another witness was Aaron Cove OF
Denver. employed at $4,000 year by the
Great Western Sugar company. who said
he had given up the last eight years to
a study OF the economic side OF sugar
and to convincing congressman Of the
soundness OF his views for duty on
that article Mr Cove testified that be-
fore his employment by the sugar COM
pnny he had been superintendent OF
schools at Denver.
Although the Thermometer outside tho
committee room wns trying hard to step
over tho 100 mark. and two electric fans
wore kept busy all day long. In an en-
deavor to make cool spot IN the SUI
hour in the witness chair with an over
coat over his knees. He had not talked
with many senator's ne said. but ne re-
al which no had tried to convince the
senator of the necessity OF the Dutch
standard" Instead OF convincing Mr'
BriSt0W, ne eSploiHcNs Hu ShNie away VII
vInoed that the Dutch standard was
unnecessary. Twice in eight years ne
had appeared before committees Of con-
gress. and he had delivered addresses
before various organizations on the
sugar question.
Witness Didn't Know.
Harry A. Austin. employed by Truman
g. Palmer, the Washington representa-
live OF the United states beet Industry.
was the last witness. Tho committee
spent nearly two hours in an attempt
10 And out Just what happened 10 Sugar
II a Glance after the senate ordered
much of the material In 1t printed az
public document and It's actual appear
lnce in pamphlet form. They endeavored
20 find out what ne knew about an nj
CONTINUED on Page Two.)