The Daily Missoulian., 1913-03-03
HARVESTER COMBINATION HAS
ALMOST COMPLETE MONOP-
OILY OF BUSINESS.
COMPETITORS ABSORBED
Monopolistic Position of Trust, Su-
perior Command Of Capital Result
and Rockefeller and Business Meth
DDS Basis of Organizations Power.

Washing lpI hultu g. lie fo"ti
of the International Harvester COM
pany, the so-called harvester trust,
which the federal government is seek
ing to dissolve under the sherman law,
lies in its monopolistic position, its su-
perior command of capital, including
its connections with j. 7, Morgan and
company and John y. Rockefeller and
certain Objectionable competitive meth !
DDS, according to Luther Cunant, Jr., |
commissioner of corporations in his |
report on the operations of the giant
corporation, submitted to President !
Taft today
The chief features of the Intcrna- |
tonal Harvester company's opera |
tons" Mr.. Conant says, are the SUBJ |
stantal maintenance Of its monopo- |
listic position in the harvesting ma |
chine business, originally acquired |
through combination and its extensions |
on a large scale into the farm machine |
industry The company has been able |
to do this in part through the acquisi- !
tion of some of it's chief rivals in the |
harvesting machine; in part by using
its monOpolistic interest in harvesting
machine lines to force the sales of it's
new lines; in part by certain obiec- |
tionable command of capital, itself the
result of combination"
The harvester investigation was
made in response to a senate resolution
adopted several years ago.
A Real Combine.
The combination, the report declares, |
was arranged in 1902 by the former
of irr NOT ir1r
Germs and was not as Frequently as
serted "a mere sale of their properties |
to new interests" on this point, Mr. |
Conant says:
1t has been represented in formal |
testimony by officers of the company
and it's financial promoter, G. w. Per
kins, then of the firm of j. P. Morgan
& Co., that its organization was not
the result of concerted action by the
former competing owners, but merely
of the purchase of their properties by
new and outside interests Documcn- |
tary evidence gathered by the bureau |
completely dspOses of this contention. |
and shows that the principal compet-
ing interests considered and discussed
among themselves the formation of
this combination and were active in
bringing it about
Great resources came to TINS com
PahN, 1t Is asserted through the comb
hdtioh, 1he linahciai support OF }. /.
Morgan N Co, ITS fiscal agents and
large loahS secured from John II.
Rockefeller, father n-laW of a mem
Der of the Mccormick family which
owns large portion Of the total stock
of the corporation.
Ihese exceptional resources, Mr..
tohant MAINTAINS, not only enabled the
harvester company to secure the
economies OF large scale operations,
Whlch' as q rule give IT marked hd-
vantages in manufacturing costs but
also enable 1t to maintain a very eiab-
orate selling organization, by virtue
OF thesVaretN and extent Of its bust
ness, Furthermore, they give a great
advantage in extending credits to pur-
chasers, an exceedingly important fea-
ture OF the farm machinery industry
co,,na+;+ore hbso,ha4
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axten,1iny ito ,,.,,,r,,,,,r,, s.,,. i
b,rvoe,in,, ,,,.,,ti,,r,, ., ,..,i,, t;,..l.
,,a ,,-o,,,ar, ;, a.. -.
of farn,ine tools e,.h ,,. tgl,,,,.
plen,ants oan',ro s,,rood,,,s e,,n,
1,apons paso,inn ar,f,,,s ,rao.o,s. ,,-,5
steam eonarotors Cn,,,,,lriL,, ~ as.,I
ers to take tho cor,,,ap,,. .r,,.,, 1i,,,...o
nv reason of ite p,,r,no1i,ti,. co,,,rat -
harvesting machines tho co,,,,,,iss;~,,,.,
saws has haar at+o,,r,tc,I ,,i,,, .,,,,,. -,
less succass nv tho ,.o,,,,,,,,,.,.. ,o,,r,
ser+ativos
C,ompetitiva methols r,,,,lo,,cd Nv,
been tf lf4l