Arizona republican., 1917-04-13
NEWS PRINT MEN INDICTED UNDER
 ANTITRUST LAW
TRepublican A. p. Leased Wire]

! NEW YORK, April Exchanged with controlling 5 per cent of the country's news print paper production and using their power in restraint of 1 trade in violation of the Sherman anti | trust law, six paper manufacturers and i a banker prominent in financing news | print paper companies were indicted i by the federal grand jury here today. I Five of the manufacturers constitute | the executive committee of the News print Paper Manufacturers Associa- tion. whose secretary, George F. Steele, the indictment says was not named as a defendant in view of the fact that 1 he appeared as a witness before the grand jury.
 The men indicted are George H. | Mead, Philip T. Dodge, Edward B.. Backus, George Chahoon. Jr., G. H. F. l Gould. Frank J. Sensenbrenner, and Alex Smith Chicago banker. | Mead is chairman of the executive committee of the NeWsprint Paper 1 Manufacturers association, and presi- dent of the Spanish River Pulp and | Paper Mills, the Lake Superior Paper
 company and of the G. H. Mead com i pany of Dayton, O. The concerns of which MT. Mead is president or of which the c. H. Mead company is sell
 ing agent have a daily output of ap-
 proximately 67O,0OO tons of news print paper, it is alleged
 l Dodge is president of the Interna-
 tional Paper company with a daily production of 1900 tons and an unused capacity of 800 tons more.
 Backus is president of the Minnesota and Ontario Paper company and the 1 Fort Frances Pulp and Paper com pany with a capacity of $50 tons. | Chahoon is president of the Lauren 1 tide company and manager of the 1 Canada Export Paper company, sell ing company alleged to control the
 sales between the Dominion of Canada | and the United States, with an output of 800 tons a day.
 Gould is president of the Gould Paper company, the Donnaconda Paper company and formerly of the St. Regis Paper company, controlling an output
 of 330 tons a day.
 SenSenbrenner is vice president of the Kimmerly Clark company, said to control an output of S1 tons daily and facilities for 145 tons more.
 Smith is described as a leading banker in the United States in the Notation and sale of the securities of newsprint manufacturing companies. interested largely in the Minnesota and
 Ontario Power company, the Spanish
 River Pulp and Paper Mills, Ltd, and Lake Superior Pulp and Paper com
 pany, and the Abitibi Power and Paper company.
 All but the last two are members of the Newsprint Manufacturers associa-
 tion executive committee. Bench war rants for the defendants were issued and bail fixed at s5,000.
 The investigation, it was stated by
 Bainbridge Colby, who served as
 special assistant to the United States
 attorney general, was undertaken by
 the department of justice in February
 ''at the request of the federal trade Icommission.'' Subsequently the com
 mission and the manufacturers reached
 an agreement in respect to prices.
 The federal trade commission in its
 preliminary report to congress de
 clared there existed in the newsprinl
 a combination in restraint of trade and
 that while there was no actual short
 age in news print paper, very deli
 cate equilibrium between the available
 supply and the demand had beer
 brought about artificially in the fContfuued OD Page J>Woi