Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1913-03-06
ALLEGED CLUCoS
TRUST SUIT STARTS
Dissolution Of Corn Products
Refining Company Sought
By Wickersham.

che Corn PRODUCTS Renn1nG company,
an alleged starch, glucose and syrup
trust is sought by the federal gov
eminent in civil anti-trust suit filed
here today, charging the $780, 00.O00
combination with entering conspiracies
and contracts to destroy competit ton in
violation of the Sherman law. 1t ID
alleged they kept the cost Of corn prod
ucts unreasonably high to harrass and
discourage independent manufacturers.
1t is alleged that by controlling 6 per
cent of the American. production of
starch and glucose and so per cent OF
the Interstate trade in mixed syrups,
that alleged trust is charged with NIX
ing resale prices, with manufacturing
cheap grade candy at unreaSOnably low
prices in retaliation against CONNECTIONS
ers who buy starch and glucose from
pressing to private brands Of mixed
syrups of grocers by quoting low prices
on its own syrups. and with unlawful
threats and contracts to destroy COM
petition.
Injunction Sought.
Aside from dissolution, the govern
ment asks for an injunction prohibits
ing the alleged restraint of trade. The
suit recalls the long drawn out fight
between the department OF agriculture
and the Corn Products Refining com
pany over the branding of its corn
products.
The following corporations, officers
and directors are named as de-
fendants:
Corn Froducts Refining company,
New Jersey: National Starch company,
New Jersey; st. Louis Syrup 4 Pre-
serving company. Missouri: Novelty
Candy company, New Jersey; Penick
= Ford, Limited. louisiana; Edward
r. Bedford. William j. Matheson, Fred
erick II. Bedford, A. b. BoardmRn,
Frederick I. Fisher, G. II. Kelsey, Geo.
s. Mariana. George NJ. Moffett, will
Speyer. Il, Beverly Walden, G. M. War
ner, r. S. Burns and a. NJ Watkins
all of New York; Thomas p. Kings
ford, Oswego. N. X: G. III. Lorenx and
Louis Suss. st. Louis F. A. Lohmeyer,
C. w. Lohmeyer and Edward n Bed
min Schneewind, Chicago. and William
8. Penick. jr.. and James r. Ford, New
Orleans.
The bill. filed by United States At
torney Henry "A. Wise, Is signed by At
Itorney General Wickersham and James
A. Fowler. Jesse G. Adkins and Will
lam II. Miller. his assistants
DismantIsd Plants.
1t is alleged that the defendant conn
binatfon dismantled many OF the starch
and glucose factories it absorbed SELL
ing the properties in most cases under
covenants that the land conveyed
should never or not for long term
of years, be used in connection with;
the manufacture of similar products.
The alleged trust and its predecessors
are charged with having taken con-
tracts from officers and directors Of
certain absorbed companies. not to en-
gage in the business for period Of
| years {ss vi
l When the Royal Baking Powder CONS.
pany acquired control OF the American
Maize Produce company, the defendant
fcombination 1T Is alleged. threatened
to engage Ia the making OF baking
powder, resulting In an agreement
whereby the maize company sold to the
defendant the surplus product not con-
sumed by the baking powder company.
no suppress competition the combina-
| ton is. alleged to have employed the
| firm of Stein, Hirsch & CO., in 1908 and
| 1909 to sell glucose at q loss as indie
pendent manufacturers.
Grab Candy 6usinsss
When the National Candy company
| organized In 1906, the Clinton Eugar
Refining company, whose output would
| come in competition with that OF the
Corn Products Manufacturing company,
the latter, the bill says, informed candy
manufacturers throughout the country
that unless they bought ristiicient
percentage Of the glucose they needed
from the defendant combination, It
would go into the candy manufactur-
| ing business itself in competition with
| them.
In consequence, 1t Ii alleged. the Corn
Products Refining company acquired
control Of the Novelty Candy company
to retaliate against the National Candy
company and manufacturing confec-s
TONERS purchasing glucose from indie
pendents. f s
Until prohibited by the Interstate
Commerce commission, the company ID
| alleged to have secured from railroads
an excessive share OF the through rates