The Washington herald., 1919-01-31

| portant that in the period OF the
break, we be prepared to increase
our capital stock on a basis Of an
appraisal value. / think we should
start right away so we will have IL
| in hand. / am, therefore, strongly
| recommending that We go ahead and
have our property appraised by an
| appraisal concern that has a good
| reputation"
| Heney Resents Charges.
Heney hotly attacked the packers
charges that the probe was conducted
| unfairly.
This attack on me has no founda-
| ton and is unfair" Heney told Swift
! SHOW me, II you can. that you
made any application to me as attor-
| ney to be heard-either you or any of
| the big packers" Heney challenged,
Henry Veedor. Swift counsel. broke
in; Il made many applications to
be heard"
| "When-at the time OF investiga-
| t!on?'' Heney inquired.
prior to January, 1sl7.'' Veedor
| answered.
"Oh. yes; you mean when your
friend. Mr.. Hurley. was chairman. d"
| Heney returned.
! No Bar to Witnesses.
Veeder accused Heney OF not per
mitting the packers 10 cross-examine
| witnesses appearing at the commits
, sion's hearing.
! You couldn't come in and obstruc,
the investigation" retorted Heney
We had a limited fund. and we did
not intend to let you big packers drag
out the hearing until we had spent al
our money. You could have brought
in all the witnesses you wanted"
! Veeder tried to wedge in other ac,
cusations while he was on his feet
! Il refused to permit you TO search
my vault under a void search war.
rant" he shouted. shaking his fist al
Heney
/ Big packers combined TO get control
I of the National Meat Packers .Asso-
citation by tipping" George L. Nc.
! Carthy. secretary, declared Heney. re.
ferring TO $500 annual fees" paid
I secretly to Mccarthy.
J Swift denied he tried to get contro
of the American National Livestock
: Association.
Large Profits Necessity"
| Large profits for packers were de.
manded as a necessity by Edward A
Cudahy, before the House Interstate
! Commerce Committee. yesterday.
I'VE must have large earnings tc
| still better serve the needs of a grow
ing country and OF the world" Cudahy
! said.
Il do not think the possibility OF
| government regulation would result ir
I h al
I a lessening of credit"
Charges of combine were denied
| Cudahy attacked pending meat legisla-
ton, objecting chiefly TO its govern
ment ownership and licensing prOvi-
sions.
EN-Profcssor Witness.
Bills TO regulate packers are
! merely sop to mlSInformeC
public and to radical aCitators." L
L. II. Weld. Swift and Company EN-.
| plOye declared today at the Senat,
meat hearing.
Weld, formerly a Yale professor
was hired by Swift to write a de.
fense of the packers. Francis J
Heney, examining for the Senate
Agriculture Committee, previously
disclosed.
Weld said the Kondrick bill to
license packers is "impossible."
The Federal Trade Commission
he said, does us a gross injustice"
The report of the Federal Trade
Commission has not developed a
single evil in connection with the
packers that needs remedial legis-
lative action" Weld asserted.
Demands Witnesses' Names.
A demand that the Federal Trade
Commission be forced to submit
names of witnesses on whose testi-
mony it had based charges OF
monopoly and -tifing of competition
among the Eve big packers was
made in a resolution submitted TO
the House Interstate Commerce
Committee by Representative Deck
er, of Missouri, today.
Decker's resolution came during
the cross-examination of T. E. Will
son, head of Wilson and Company,
and followed a statement by Rep
resentative Winslow, of Massachu-
setts, that 'the committee should
go to the bottom of this case"
Chairman Sims objected that the
committee had no power to subpoens
witnesses. Immediate considera-
ton of Decker's resolution was
halted after some squabbling be-
tween members of the committee.
n r. \ -