El Paso herald. (El Paso, Tex.) 1901-1931, 1918-03-05
De RicqLeS Is
Mentioned In
Packers Probe
Livestock Association Off
cial Supports Packers,
Heney Asserts.


touching the attitude OF A. Z De
RIcqles, Of Denver. formerly presi-
dent of the American Livestock asso-
citation, toward the packing house
companies known as the big pack
ers." were introduced today in the
federal trade commissions investi-
CATION of the packing industry by
Francis J. Heney. counsel for the
commission.
| This correspondence" said Mr..
Heney. sis introduced to show the
transformation OF Mr.. De Riches
from one Of the most active OF the
cattle men who insisted that the
packers we're not giving a square
deal. into a supporter OF the pack
ers."
The letters referred to various SUD
jects; appeals for subscrir tons from
the packers for the benefit OF the
Denver Boy Scouts: outlines of De
Ricqles's views Of the packing indus
try and references TO obtaining ac'
commodation at banks.
Bank to Handle His Paper.
One of the letters under date OF
Nav 25, 1917, TO De Ricqles from an
Armour official, G. 5. Bailey, in
formed the Denver man that the Hi
bernian Bank OF Chicago, would take
100000 of his paper" The letter
added that arrangements for the bank
to take the balance. II De Ricqles
wished, could probably be made.
Another letter read by Mr.. Heney
was an introduction Of Mr.. De RICHES
/ to Mr. McRoberts. vice president OF
National City bank of New York and
| bore the signature J. o. Armour.
Mr.. Armour is a director OF the
National City bank" said Mr.. Heney,
land is interested in the Hibernian
| bank"
Advance Notice Of Statement.
4 letter under date Of November &
] 1917, from De Ricqles TO J. o. Armour,
was read. The letter referred to a
5000 word statement which De Ricqles
had prepared on the packing and live
my view is that the stockyards
packing house industry is a mono
/ poly" the letter read, and the gov
/ eminent should recognize it and give
it unlimited field under proper regu-
A reply was read in which Mr.. Ar
mour said he would be glad To see the
I statement.
De RieqIes,s Statement Of Profits.
IN addition to his connection with
the American National Livestock as
ISOLATION Mr.. De RICHES was owner
Of the Livestock and Loan company
Of Denver. which in addition TO doing
a ranch business made loans TO cattle
men on their stock.
A note from J. o. Armour TO De
Ricqles thanking him for the state
ment of the company was followed
Immediately by another letter, dated
July 20, 1917, from ]. O. Armour ad-
dressed 10 Arthur Meeker OF Armour
and company.
The letter read:
This shows profits OF A percent
which isn't SO rotton by any means.
o. Armour"
In explanation Of the letters. Mr.
Heney said that the statement OF the
business profits of Mr.. De Ricqles
preceded the letter introducing him
to the National City bank.
a4His Opinion Has Changed
OF the correspondence read today,
Mr.. Heney said TO examined Manly:
The good opinion OF Mr.. De RlcQles
expressed in these letters Is in marked
contrast TO opinions in other letters
from the packers files which have al
ready been introduced in evidence in
this nvestigation-but those other
letters were written while Mr.. De
Riches was opposing the packers
One of the De Ricqles letters dated
June 19, 1917, addressed to Z. F Ben
son, commissioner Of agriculture
Olympia, Wash, read:
Il am much graufied over the i'm
pEONGmEnL lAdL mas taken pace a.
market and in the facilities which
have been furnished US for doing bus
mess. Quite likely in the past there
have been unfortunate things that
possibly are now a matter OF cOnsid-
cradle regret on the part OF the pack
ing house people, but at the present
time they are sure that all earnestly
are trying to correct abuses and put
the business in a position that will be
permanent and above any suspicion OF
combination or manipulation"