Evening star., 1914-07-19

company:
| Mr. Jones-In an informal way.
| Senator Reed-Yes: through your at
| torneys or representatives?
Mr.. Jones-Yes.
substantially Correct"
Senator Reed-And those requirements
or demands of the Attorney General
were rejected by the company. and
thereupon the suit was filed. That is
the situation. is it?
Mr. Jones-That is substantially cor
rect.
Senator Reed-Can you tell US, Mr..
Jones, of any effort that you made to
bring about the dissolution of this cor
poration in such way as to meet the
requirements or requests or demands
of the Attorney General?
Mr.. Jones-I took no steps of my own.
SENATOR at all in the matter. The mat
ter was in the hands of the counsel
Of the company. and they reported from
time to time what they were doing. and
what their convictions were, and what
their conclusions were, and ! will say
frankly that so far as 1 had any judg-
ment. l concurred in their Judgment
and 1 assume responsibility for doing
that
Senator Reed continued
IF the foregoing testimony does not
clearly show that Mr. Jones did not at
tempt to reform this institution. but
that on the contrary, he stayed with 1t
in all of it's illegal practices after
court of the state of Missouri. holding
it to be acting in restraint of trade;
after notice by the Attorney General Of
the United States that the institution
then nothing can work a demonstra-
tiOn- The claim that Jones went into
the concern with the purpose of re-
forming it cannot be sustained.
What Jones Stated.
Here is some of his testomony on
that point:
Senator Reed-Now, you accorded
with the general policies of the COM
pany while you were in ito
Mr.. Jones-After my election yes.
sir; 1 did.
Senator Reed-And you did not
make any effort to stop its practices
or change its policies?
Mr. Jones-I knew of no practices
in the company after l became a di-
rector that 1 thought in any way in
contravention of law.
Senator Reed-Or ogood morals?
Senator Reed-Or good morals?
Referring to a statement made by Mr..
Jones in his testimony that he had gone
into the harvester trust at the request
of Cyrus H. Mccormick, Senator Reed
said:
Now, who was Mccormick, the friend
at whose instance Mr.. Jones went into
this company? He was one Of the orfgi-
nal organizers of the international har-
vester trust and one of its chief bene-
ficiaries. He had been active in its man
agement from the first. This friend of
Mr.. Jones had been party to every
criminal practice of the trust. He was a
party to its criminal conception. 4: /.
What is the harvester trust? It was
conceived by the brain of. j. P. Morgan
for the purpose Of monopoliZfng the farm
machinery of the United States and of
practicing extortion upon our farmers.
The supreme court of the state of Mis-
souri, condemned 1t as a law violator
three years ago, and yet Mr.. Jones never
sought to correct its methods.
Affirmed by Highest Court.
1.-THE decision of the supreme court Of
Missouri has been affirmed by the Su-
preme Court of the United States.
This institution has been denounced
by numerous democratic conventions and
by the legislatures of various states. It
was denounced in the last democratic
| handbook. Mr.. Perkins. the partner Of
Mr.. Jones upon the board OF Its directors,
| was specifically denounced in our last
campaign book With all this before him,
Mr.. Jones yet states that he was in COM
plete accord and sympathy with all the
trust was doing. He therefore did not
| go into this company to reform it. but to
aid it. He has been an active member
of the board and familiar with the trans
actions Of the company. He knew what
1t was doing and he chose to act with
it when it had already been found to be
| a law violator, rather than to act with
the people and with the law.
Moreover, nearly two years ago the
government bronght suit to dissolve this
trust. Mr.. Jones assisted the trust In
withdrawing from its capital some $50,
! nrfff ting
pany in order that at least that much OF
the capital might be saved from any
Judgment rendered in the governments s
suit.
HE is personally a defendant in this
suit brought by the government, which
| contained the charges Of law violation
and Of oppressive and criminal practices
employed by the trust.
so far as I am concerned. l will
never vote to place any man in control
of the finances of the United States
who at the very moment l am required
to vote for him stands charged by the
federal government with being a party
to grave violations Of the law"
President Stands by His Choice.
Reports that the fight might be ended
by withdrawal. at the request OF Mr.
Jones himself. were persistent las
might. but administration senators
denied any knowledge of their origin
The White House has disclaimed any
such intention. The President still
stands solidly behind his candidate.
Democrats of the banking commit
tee who voted in favor of the confirma
ton plan to file their report early thli
| week, and expect a supplemental state
ment from Mr. Jones in answer to the
majority report which urged his re
lection because of his connection will
the International Harvester Company
No vote in the Senate is expected fo
some time
Members of the committee said NJ
| word had been received from Paul M
| Warburg of New York, whose nomina
tion remains in suspense. No action Ii
contemplated unless he agrees to ap
pear before the committee.
Announcement yesterday by Secre
tary McAdoo that the three member
of the board already confirmed woult
not be sworn in Monday as mrs
planned was taken to indicate that th'
administration hoped for confirmation
of Jones and Warburg in time to or
ganize the board at one time.
| IL