The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-03
MAKES ATTACK
On HARVESTER
COMBINATION
Attorney General McReynolds
VIII File Suit Against the
Trust Formed by George
w. Perkins.
MONOPOLY OF TRADE
CHARGED IN BRIEF
Decree Restoring Competitive
Conditions Asked; Receiv-
ers to Be Appointed if
Judgment Is Disobeyed.
By international News Service.

BY International News Service.
WASHINGTON, Nov. 2.-Attorncy
General McReynolds will file tomorrow
in the federal district court of Mime
sofa the government brief for the dis
integration of the International Har-
vcster company, which is charged with
being a combination in restraint of
trade and that it has acquired mo-
nopoly OF trade and commerce in har-
vcsting implements.
1t is contended by the government
that the harvester trust is corporate
coordination and monopolization SINH
lar to the tobacco trust before 1t was
dissolved by order Of the supreme
court. The trust was created In 1902
for the sole purpose of taking over the
interstate businesses of FIVE companies
engaged in selling harvesting imple-
ments. These companies were then COM
peting. They controlled 50 to 90 per
cent of the total harvesting business in
the United States.
The formation Of the trust was not
a normal and natural development Of
the commerce in harvesting machines.
Planned by Perkins.
cit was the child says the brief,
"of one not heretofore interested IN
the business, George w. Perkins,
banker and insurance man who stepped
in at an opportune time to bring the
rival manufacturers together. He and
others by means of combination in
corporate form destroyed competition
and intrenched monopoly
The course Of the trust since its or
ganization in 1902 has demonstrated an
intent, it is held, not only to perpet-
uate the monopoly of the harvesting
business, but also to build up a mo-
nopoly Of all the business in agricul-
tural implements in the United States
\ combination controlling the output
and distribution of harvesting imple
ments may expand into the other classes
of agricultural implements and acquire
a monopoly by Withholding from the
dealer its harvesting implements if he
refuses to buy the combination Is added
lines of agricultural machinery.
Concerns Combined.
Before the organization OF the harves-
ter trust the big harvester machine con-
Germs In the United States with their
capital stock were the Mccormick COM
pauy $3.50 600; the DeerinG company. a
partnership, the Plano company ST.
100000; the Champion company $1,000. 000; f;
Ibe Milwaukee company $1,000, 900 and D.
M Osborne & company. These were
taken into the trust with a capital of
S1go, 0OO. 900 George w. Perkins. Cyrus H.
Mccormick and Charles Deeriug being
The voting trustees and controlling the
business, The Milwaukee company was
made the selling agent for the trust and
given exclusive contract Tor all sales Of
the harvester trust IN the United States.
This contract IS sun Ia iorcd The SELL
ing company has paid no dividends on
it's capital stock OF 81 900. 900 buying and
selling a, prices fixed by the trust. It's
profits average about sl50, 900 a year in a
business OF SlO0.oGo0Oo.
Brief of McReynolds.
Attorney General McReynolds asserts
that the trust has sold since its or
gauization about ~ per cent of all the
binders sold in the United States. This
admitted percentage, IL IS held in the
brief is as large as any that have been
proven against any OF the combinations
that have been held to be unlawful mo-
uopolies under the Sherman act
We submit" says the brief, that al