The daily star-mirror. (Moscow, Idaho) 1911-1939, 1920-08-23
SUGAR PROH|TEERs
MUST STAND TRIAL
SALT LAKE GRAND JURY RE-
TURNS INDICTMENTS-E
PECT 10c SUGAR PRICE.

Salt Lake Sity-Making of exhor
bitant profits in sugar, contrary t.
the Lever act, was charged in in
dictments returned here Saturday b,
a special grand jury which has beef
IN secret session. The Utah-Idaht
Sugar company, Salt Lake corpor
alton, it's officers, excepting Hebe1
]. Grant, and many other prominent
| Utahans were named.
Profits of upwards of one million
dollars are alleged to have been made
by Merrill Nibley, assistant general
manager of the Utah-Idaho company
and j.. J. Jennings of Salt Lake,
through the sale in the east of 1OO,-
OOO sacks OF sugar at prices ranging
from $3.50 to $50. The cost price
was but $l5 per bag, the Indictment
declared. The indictment returned
against the company, containing ten
counts, charged sugar which cost
1914 to produce, was sold at whole
sale for s23.48.
The officers are charged with hav-
ing aided and abetted the company's
action in raising the price of sugar.
Two bankers, Frank Pingree of the
National City bank, and J. H. Grut,
formerly connected with the Contin-
entail National bank, were indicted
for alleged violation of section 72 of
the federal reserve act. They are de-
clared to have made loans for the
purchase of sugar and to have shared
in the profits made therefrom.
Little action was taken today on
the bench warrants for the arrest of
hose indicted Officials assert they
expect few arrests to be made before
Monday.
The officers of the Utah-Idaho
company indicted are as follows:
c. w. Nibley, general manager;
Merrill Nibley, assistant general |
manager and vice president; Stephen !
1. Love sales manager, and William
I. Watts, w. S. Mccormick, James
W. Murdock, David M. Smith and T.
(. Cutler, directors. Watts is a can
lidate for Utah republican guber-
atorial honors. C. W. Nibley is
residing bishop of the Mormon
hurch.
Indictments were returned against
1eorge w. Goddard, Ogden, Utah.
acker and Gage B. Rodman, charg-
1g them with having bought sugar
t $11.58 per hundred pound bag and
, have shipped it east where it sold
$18.
The sugar which Merrill Nib1ey
nd J. J. Jennings are declared to
ave sold was bought from Ernest r.
1oOley Of Salt Lake, who had re-
eived it from the Utah-Idaho COM J
any as part payment for the Delta
1gar factory at Delta, Utah. The
lgar was turned over to Wooley at :
fteen cents per pound and it is de-
sclared he sold it to Merrill Nibley !
I'D Jennings for fifteen cents. :
The leaders of the Salt Loke switch
ems strike last April were also in 9
Icted by the jury. They are charg- :
with violation of the Lever act. =
Sugar 10c by January. =
Chicago-Sugar will be ten to :
even cents pound by January, R. :
Poole secretary of the city councils y =
gh cost of living committee, states T
submitting the result of investiga- Il
IN today. o
The report states that the new
lban crop will be about 4,000,- q
tons, or three times the 1914 CROP tt
Clothing Trade Conditions. a.
San Francisco-Charges that the lo
Icy of eastern wholesale clothiers b
the last two years could only be al
oked upon as "dishonorable" were CT
ade today at the Retail Clothiers m
nvention by Maurice Rorphuro Of n
esno, Cal. He said that in view of CT
Q overcharging practiced by the al
olesalers, no retailer would be JUS &C
led in buying in 100 per cent OF his u
de.
Max Friedman of New York, presi- ST
1t Of the National Clothing Manu-
.turers' association, defended the in
olesalers, saying that the retailers tn
loubtedly did not understand the de
1ation the wholesalers had faced. to
The retailers were to blame If they M
overbought last year on the
ength of representations by whole no
ers, in his opinion. His advice, Be
, year, he said, was for the retail m,
not to buy up to 100 per cent of de
II needs, but to fill in shortages m<
\ In tho season fic