Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1917-12-25
HENEY SAYS GREAT
FOOD TRUST FIXES
PRICES IN AMERICA
Special Investigator for FEEDER
al Trade Board Probing
Chicago Stock Yards Ex-
tends Scope of Inquiry


mouth food trust whose control extend:
not only over the entire market, but
also poultry. eggs. lard products, leath-
er. animal feeds, grain and canned veg
etableS and fruits, exists TO-DAY. Fran
els J. Heuey. special trust investigator
tor the federal trade commission charged
at the conclusion of tOday's food hear,
ing until after the holidays.
The completeness of the meat monop
oily is shown. he said by the fact that
every stock yard in the United state:
is controlled by the big Chicago pack
ing triumvrate. Armour and company
Swift and company, Norris and com
pany. The Wilson company which has
absorbed Sulzberger and the Cudah!
company. he said, also are lin on the
combination to a lesser degree.
This trust. we intend to show abso
lutely sets the prices to the American
consumer OF meat. poultry, meat by
products. leather, grain and canned
goods. including meats, vegetables and
fruits. The disclosures so far made
in this investigation are but an infini
tesimal part of those to come"
Food trust hearings will be held il
various parts of the country" Hene!
said. throughout the next few months
I'VE intend to get all the goods OF
these people and smash this gigantic
organization.
Commission probers have trailed thu
packer trust for thet last four months
in various parts of the United States
The disclosures 10 date are from onl!
those investigators working in Bostol
Heney said.
Redistribution of shareholders oil
the Chicago Stock Yards company was
begun as-soon as the managers got wind
II was brought out in testimony be-
fore the commission today that the
same day a federal investigator ap-
peared $3.50 shares were divided into
seventeen portions.
Evidence to show that persons con-
nected with the large meat packers
are represented o nthe board of directors
of the Chicago Junction Railways COM
pany. operating the terminal railroads
of the Chicago stockyards, was introduc-
ed today by Frances J. Haney, special
counsel. conducting the investigation.
Cron Testifies
Frederick w. Croll, treasurer of Ar
mour and company. recalled to the stand
today. testified also that the influence
of the packers extended to the real es-
tate situation in Chicago. Attorney
Heney said that directors Spoor, Thayer
and Fitzgerald. of the Chicago Junction
railway, held the central manufacturing
district property. where many large
firms are located, as trustees of the
Chicago Junction railways and Union
stock Yards company.
Crou was asked whether the Armour
books showed all the companies in
which the firm was interested He said
they did.
DO Armour and company's books show
gv4Ma n in INV 90
oiIg'' asked MIR. Heney.
Yes" replied Mr.. Croll, but 1 can
not recollect the location of them"
do you know that Armour and COM
pany were interested in large string
OF plants through Texas, Arkansas and
Tennessee which stood in the name OF
Louis Ehle from 1907 to 1912" asked
Mr.. Haney.
Il don't remember"
Mr. Heney read a list of stock yards
in which Armour and company were in
terested, the list including the yards
at Louisville. Denver, Fort Worth, Jack
sonville. Jersey City. Pittsburg. Sioux
City, St. Paul, ST Louis, Portland
ore. and Toronto, Canada
The object Of the sudden transfer, a:
il appeared from the testimony, was L
conceal real ownership which is alleged
to really be with the great meat pack
ing concerns.
The day a federal agent walked int
the offices of F. II. Prince & Co. in Bos
ton the 34.4SO shares were split int
one warrant for 1880 shares and six
teen warrants for a thousand shares
each.
Evidences obtained by the commissio,
investigators is already being used by
the Hoover food administration to pro
tect the public When the inquiry is
finished. officials predict. the final re-
suit will be permanent relief fo- tbs
public from the past oppressive meas
ureS