The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1914-08-12
Continued Fran Page One.

- ANAiA @~oS O1ASs
the sale and manufacture oc harvest
ing machinery had advanced prices "tC
the grave injury of the farmer and the
! general public.
That the company controls at least
80 per cent of the trade in the United
! States in harVesters or grain binders
IS per cent of the mowers, and more
than so per cent of the binder Irvine.
That the company had absorbed
competing companies while allowing
these companies still to advertise as
being independent, Thereby mislead-
ing. deceiving and ~defrauding the pub-
lie n more ~effectually Gripping ex-
listing competitors and keeping out
new ones.
That the defendants resorted to un-
fair trade methods by ATTEMPTING to
induce agents to handle only their
products.
That it bought up patents to per-
petuate the monopoly.
That in organizing the International
Harvester Co. the defendants planned
to form a monopoly.
That the company bound retail deal
ers by contract not to sell the products
of other manufacturers.
That the Harvester company re-
} ceived iron, steel and lumber from the
Wisconsin Steel Co. and the Wiscon-
sin Lumber Co. subsidiaries, which
! were used to eliminate competition.
! That the company used railroads
under its control to obtain preference
F from connecting roads.
! Organized in 1902.
| The International Harvester Co. was
in New Jersey in 1902. Prior
Eto that time, the government declared,
there were ten or twelve establish
ments competing in the manufacture
! and sale of harvesting implements.
| The alleged trust was formed
kthrough the combination of the Nc
ECormick Harvesting Machine Co, of
E~Illinois, the Deering Co. Of Illinois, the
ePlano Manufacturing Co. of Illinois,
Ohio, and the Milwaukee Harvester
Eco.
| The company was Incorporated in
New Jersey with q. capital stock orig
FINALLY of $3.50, 0O0, 900. The control Of
Ethe capital stock was placed in the
Shands of three voting trustees, Cyrus
sH. Mccormick, Charles Deering, and
sGeorge W. Perkins, who ISSUED stock
thrust certificates to the persons actu-
ally owning the stocks.
st. Paul. Mimi, Aug. II. - Judge
Hook concurring, said:
"The international Harvester Co. is
not the result of the normal growth
or the fair enterprise of an individual,
a partnership or a corporation. On the
contrary, it was created by combining
five great competing companies which
/ controlled more than 80 per cent Of
/ the trade in the necessary farm imple-
ments and it still maintains a sub
stantial dominance. That is the on
! trolling fact; all else is detail. 1t may
| be, as is said, that there is a growing
/ recognition Of the need Of the great
concentrated resources for trade and
commerce. ever though secured by
combination of independent, competing
concerns. But that is not the Sherman
act. And a statute must be taken by
the courts as a true estimate of the
preponderance of public opinion which
calls for legislative expression. It Is
no for them to question whether that
opinion was rightly weighed or inter-
preted, whether it is wise or unwise
or whether 1t has since changed.
ut is but just, however. to say and
to make it plain, that in the main the