Arizona republican., 1919-12-19

rendering companies, cattle loan lnsli- tutions and banks, and other corpora tions, all of which corporations have their inception and depend for their prosperity upon advantages or or prlvl- leges growing out of the fnteriocking control of the stockyards and stock yard appurtenances.
 Big Five Control cf4 Corporations.
 The parent companies, or the lnd1- vidual defendants, and their families maintain and control 5.4 corporations or concerns, including 131 trade names. They have a significant minority stock ' interest in 95 others, and au interest of unknown extent in an additional 9S.
 Thus, the total number of concerns in which they have control or interests IS some 762. Practically all of these con-
 panies, however, come under the Juris- diction of the court through the nam | ing of the above mentioned defendants
 Tn the years that have passed. the parent companies have acquired or or
 ganized many other concerns and have 1 maintained them so long as they were useful for their purposes. When no l longer useful, these concerns have fmerged into the parent companies or | into other subsidiaries. The total of l 762, above stated, therefore falls far short of representing the number of concerns that corporate and individual defendants have acquired or have or ganized in furtherance of their general scheme and plan faction already ex-
 plained."
 "In 1916, the business of Armour and company, in canned fish. vegetables
 and sundries, canned and dried fruit, ! fruit preserves and grape juice,
 amounted to S6,396, ,036.73. In 1918. two years later, the same company's volume l of business in these same items was | s30, ,S2O,O0O, over six-fold increase ] While part of this increase of busi- . kr.> e~,1r
 of population and the consequent in
 crease of consumption, the greater
 part thereof was acquired at the ex- | pense of competitors
 l Control Food Substitute
 "Of the corporations which have i been acquired by the parent companies | in recent years, the large number are 1 concerns manufacturing or selling 1 these substitute. foods or unrelated l commodities. This fact, together with
 the increased activities of the parent
 organizations themselves in these lines. indicated a we'll defined purpose on | their part to secure control of the mar l ket for meat-substitute foods.
 Tn addition to the companies in which control has been by outright | purchase, the parent companies have ! in a large number of cases cotracted | for the exclusive output of many other | companies engaged in the production of the substitute foods and the un-
 related commodities. The outputs of
 these plants are marketed by the par ent companies. or by their subsidiaries | through the distribution facilities of
 the parent companies. In this fashion | the parent companies control the out | put of these concerns and the market lsprice of their products as completely | as though they themselves owned the
 producing companies.
 "The principal agent in stifling | ,<@w, r,~&t f<~z hoe ct a fnd the fact that the distributing system l of the great packers was an efficient 1 and cheap way of handling not pos
 sessed by their competitors"
 The statement lists the foods which the pacekrs will Nbe enjoined from | handling, including all kinds of fish, 1 vegetables. fruits, cereals, etc, with
 the exception of allowing some of the 1 corporations to continue their busi- ness in cereals. This exception was l considered necessary because some of | them had been in business since prior ] to the time they engaged in the meat 1 business and the prevention of their use of the distributing system mini- 1 mixed the veil of the continuing the
 cereal business. But, in general. the decree eliminates all the defendant | corporations from all unrelated lines or products not containing meat.
 Eliminates Control
 "The decree further enjoins the in- 1 dividual defendant from individually or jointly owning 50 per cent or more l or the voting stock in any corpora l tion engaged in the business of manu- | featuring, jobbing, selling, transport | ing. distributing, or otherwise dealing | in any of the unrelated commodities: | or from adopting any device or ar l rangement which, by reason of their.
 relation to the corporation, defendant | or any of them would have the pur- 1 pose or effect of giving to such un- l related lines any advantage over their l competitors similar in purpose or in | effect to any advantage now enjoyed
 by any of the corporation defendants
 through their distributing systems.
 "The bill provides that immediately l upon the entry of the decree the de-
 fendant shall commence to dispose of I such commodities owned or handled i by them as have been herein de- scribed. and shall commence to divert 1 themselves of all interests in firms. | corporations and associations dealing l in any of the so-called unrelated
 commodities and shall continue in 1 good faith to dispose of said com I q af