Pine Bluff daily graphic., 1917-12-23
EVIDENCE SHOWS ALL PACKERS HAD
 SHARE IN YARDS All Represented on Board of Directors of Junction Railways Company. CONGRESS PROBE
 BRINGS OUT FACTS Control Extended. to Real Estate-Re- mort Armour Controlled Plants in
 Arkansas-Hearings to
 Reach Further.

Washington, Dec. 22.-Evidence to show that persons connected with all the large meat packers are repre- sented on the Board of Directors of the Chicago Junction Railways Com- pany, operating the terminal railroads of the Chicago stockyards, was intro duced today at the Federal Trade Com missions inquiry.
 Frederick K. Croll, treasurer of Ar mour & Co.,, recalled to the stand to- day, testified also that the influence of the packers extended to the real estate situation in Chicago. Attorney Heney said that Directors Spoor, Thayer and Fitzgerald of the Chicago Junction Railways Company held the central manufacturing district prop erty, where many large firms are To- cated. as trustees for the Chicago Junction railways and Union Stock yards Company,
 Croll wlas asked whether the Ar nlour books showed all the companies in which the firm was interested. He said they did
 Do they show that Armour & Co. were interested in a large string of plants through Texas, Arkansas and Tennessee, which stood in the name of Louis Ehle from 1907 to 1917" asked MT. Heney.
 T don't remember
 Mr.. Heney read list of stockyards in which Armour & Go. were inter- ested, the list including the wards at Louisville, Denver, Fort Worth. Jack sonville. Jersey City, Pittsburgh, Sioux City. St. Paul, St. Louis, Portland, Ore, and Toronto, Canada.
 Redistribution of the share holding of the Chicago Stockyards Company was begun as soon as the managers got wind of the Federal Trade Commits soin's coming investigation.
 It was brought in testimony before the commission today that the same day federal investigator appeared 34,4S0 shares were divided into 17 portions
 Attorney Heney for the commission pointed out that there appeared two shares warrants for the same amount, l5,52O shares. It has been established that one of these went to Armour & Co. Mir. Heney called attention to previous evidence referring to 'the other package" and said the evidence pointed very strongly to the fact that swift k Co. may have received the other block of 15.520 shares or that K. H. Prince was holding it for them. lie also called the commissions at tention to the fact that part of the 16 warrants for one thousand shares each may have gone to Morris & Co. Payment of more than $1,000,000 to three packers who had not appeared m the record so far was recorded in a letter; from the Chicago Junction Rail- ways and Union Stockyards Company rayments "on account of contracts" amounted to $540,000 to Schwarzschild ana Sulzberger between October. 1900, ana August, 1901; $2O0.00O to the Anglo-American Company in 1901 and !so2, and S500,000 to Hammond & Co. between July, 1902, and April, 1903 The hearings will be resumed, prob anly in New York or Boston, and the question of the packers control of a multitude of industries, leather. can neo vegetables, dairying and dairy leed. grain, fertilizer and butter sub s!llutes, Will be taken up. An indica- uon Of such control was given in to- uay's testimony that Armour & Co. aad large holdings in Southern cot tonseed oil plants.
 rne object of the sudden transfer, as IL appeared from the testimony, was 10 conceal real ownership which n aileged to really be with the great Meat-packing concerns.
 q me cay gederal agent walked into me onlces of F. H. Prince & Co.,, in .noston, the 34,460 shares were split
 m'o one warrant for 1S,4SO shares each
 ., ,Ividence also was introduced to hsow that the share warrants had
 usen transferred a number of times.
 ra r,rst they were held by Frank R. Peg sam, Mo, then transferred to Mrs. Abby
 ulinan Prince, and then were split
 ssnohg number of clerks and book
 pncepefs in the office of Prince & Co.,
 holdings. V ~ ~ io' ''Se