Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1917-12-21
PA }. !; rs ! s v
'.N0l 4 ] ! | ! 1 r ] !
THEIR 4 Il ||IC|0RDIIS 4 ! Q ! |!
Swift & Go, ] Refuse to Hand
Them Over IS Federal
Trade Cor1tttiis sion.
s's. ':..s5 - 49, 55.e 3. :
MORE. STOCK. Y ARDS
EVIDENCE E } j! T AIKEN
- ): - N
Details Of Plan for Obtain
ing Control of Union
Yards Given.
SAY, ARMOUR is PART
OWNER .aoF, ETOGKYARDs.

Washington. Dec 21.-Testi.
mony to show that y. Ogden Ar
mOur IS port owner; OF the, Cit.
cagOf StOckyart1s company;5yw
given today at thcs federal trade
commissions inquiry into the
packing in1ustfy and II WAS said
+ the next tlisig. tOsbe developed
Z, was the extent. of the interest Of I,
other packcts in the same con.
Ccrn, .]ss5 &$ &
Operation OF the company has
. been made sas complex as It's for
nation by means Of dummy di.
rcct0rs. A. new treasurer was
put in every two years or SO, re-
sulting =. In only incomplete,
knowledge OF the 'company's -ac-
ttvftics ON the part, Of any officer.
II. III. Prince of Boston WAS said
To receive the dividends and
make distribution among the f,
shareholders. believed to, include
+! nIl the large packers, whose
identities have not been .estab-
lislled. .;t,.f s.,
Washington. Dec. 21.-Swift and
company Of Chicago have refused to
deliver to the federal trade commits
sion records desired by the commits
sion In its investiga ton of the pack
ing industry and drastic action will be
taken in court to force their produce
ton, Francis j. ;Heney announced to-
day at the resumption of the commits
sion's inquiry. III 'sak5,
1t was said that when the econ,,nis:
sion.s investigators went. to& Chicago
they recetysd 'oniy a.eyasise repiIes
panR and tina tects derland srpr the
records has been refused. rs obtair
theapapers, which relate to the owner
ship of the Chicago stockyards>sand
other details of the meat industry the
commission will go into !. a fedora
court and ask an order compelling
the company to produce. them.
Mr.. Heney also announced receipl
of telegram saying that C.. c: Chase
of Chicago. auditor of the : Unior
Stock yards and Transit company wa.
i'll and could not answer the commits
.Aion's subpoena. The telegram sale
1Mr. Cf1ase had been ordered soutf
for antsindefinite time" Mr.. Henr!
added: 49, .'%
| II desire to inform the commission
that we have enough evidence withou
Mr. Chase's testimony to make {
prima facie case and then the pack
ers can do what explaining they thinl
necessary"
Flat admission that J. Ogden Ar
mour and F. II. Prince own the Chi
cago Stock Yards company, controll
ling the Chicago stock yards and ter
minal railroads was made by w. N
Walden. Although the stock appear
in the name of Frank r. Pegram. sec
retary of the company. Walden salt
The, knew who the real owners were.
i "Details of the plan for obtaining
lcontrol OF the Chicago Junction rail
ways and the Union Stock Yards com
l:pany were unfolded by Walden, for
naer treasurer of the company VIII
lsaid he was a partner, in F.: H.&Princ
and Company of Boston but som
times took shorthand dictation from
Prince. Two pages. of shorthan'
lLnotes were identified bv Walden a
having been taken hy him in 1911 l: ~
The!.notes were headed "Proposi
/ ton and set forth how Prince and ]
ogden Armour were to obtain contro
nf the junction RAILWAYS COMPANY
Their, came suh-head Scheme
(, which t1eta tied how the new corpora
tion. the Chicago Stock Yards com
Ina Nv was tn he. formed. and obtat
4 the control Of the yards and railroad
held BY the other company.
| stratIn nee e1-TMan Chi-Jui. fol