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About The commoner. (Lincoln, Neb.) 1901-1923 | View Entire Issue (Jan. 26, 1912)
VOLUMH 12, -NUMBER 3
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Nebraska Man After the Harvester Trust
Following la an Associated Press
dispatch: Washington, Jan. 17. F.
J. Lowe, representing independent
manufacturers, charged before the
house rules committee today that
"fifty-one per cent of the stockhold
ers in the steel, sugar, beef and
banker's trusts also control the In
ternational Harvester company."
Ho declared that the department
of justice "had chloroformed" every
movement made to prosecute the
harvester trust, "shown by the fact
that the Townsend report to the de
partment in 1906 has slumbered
there ever since."
Mr. Lowe said that last autumn,
he asked Colonel Theodore Roose
velt's advice aB to what he should do
to urge prosecution of the harvester
company and Mr. Roosevelt had
"You'd better come to see me later
"Later," said Mr. Lowe, "I was
astounded to learn that Mr. Roose
velt had placed a clean bill of health
on the United States Steel corpora
tion. I also received a letter from
Mr. Roosevelt stating that he could
give me no advice on the Harvester
company and asking me to 'drop in
any Friday morning and I'll explain
Secretary of Commerce and Labor
Nagel participated in the discus
sion. W. H. Green of Creighton, Neb., a
veteran dealer of farm machinery, de
clared that the so-called harvester
and steel trusts, the National City
Bank of New York and tho great
transportation systems of the coun
try were dominated by the same
Mr. Green urged the committee
not to give tho "harvester trust" an
immunity bath. He asserted that
the company had raised prices from
15 to 20 per cent.
F. J. Lowe of New York charged
that in the formation of the "trust"
tho smaller manufacturers were
The actual work of forming the
trust he declared, was directed by J.
Pierpont Morgan through George W.
Perkins. Charles R. Flint, he added,
was the original promoter.
"We propose to show," said Mr.
Lowe, "that the United- States Steel
company gives rebates to the Inter
national Harvester company and that
the Belt Line railroad In Chicago
obstructs freight traffic of indepen
He also charged that the "trust"
sold goods at home at a profit of
100 per cent and sold abroad almost
at cost, demanding cash from Ameri
can farmers and giving long term
contracts to foreign trade.
"We charge that the International
Harvester company through the Na
tional City bank," Mr. Lowe con
tinued, "can break any independent
concern in the United States."
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WnO GAVE OUT THE INFOR
MATION? The fundamental aspect of -the
Woodrow Wilson-Carnegie fund ex
posure seems to us to havo escaped
attention in the discussion that lias
raged about it. The trustees of the
Carnegie pension fund for retired
college teachers are: Frank A.
Vanderlip, Jacob G. Schurman, A.
Lawrence Lowell, S. B. McCormick,
Edwin B. Craighead, Henry C. King,
Charles F. Thwing, Thomas McClel
land, Arthur T. Hadley, H. McClel
land Bell, George H. Denny, James
M. Taylor, William Peterson, Samuel
Plantz, David S. Jordan, Ira Remsen,
Nicholas Murray Butler, William H.
Crawford, Henry S. Pritchett, T.
Morris Carnegie, Robert A. Franke
Franks, CharleB R. Van Hise, Wil
liam L. Bryan and Alexander C.
These men, in November, 1910, re
ceived and passed upon an applica
tion for a pension from Woodrow
Wilson. For more, than a year they
did not treat the existence of this
application in any other manner than
they treated hundreds of others of
which they were the official custo
dians. But in November, 1911, at a
time likely to injure Mr. Wilson's
ambition to obtain a high public
office, they permitted tho facts of
this one application to become pub
lic. It was made public through the
paper which is the recognized court
circular of the sort of man that Mr
Frank Vanderlip, for example, is
that is to say, a Wall street bank
president who doesn't like the kind
of presidential candidate that Wood
row Wilson is. It was made public
with a circumstantiality which pa
raded rather than concealed its
source; its authoritativeness was not
less conspicuous than its malevol
ence; and this gives rise to what
?fnn"S tV JB. th0 fundaiental ques
tion. If their conception of the per
quisites of their position permits
these trustees to make use of official
nformation so as to influence an
important public matter, will thev
SinMith GqUal painty and greater
effectiveness make use of their con
trol of ten million dollars? Some
years ago William Jennings Bryan
persuaded tne Nebraska legislature
to reject a bill permitting the teach
ers in the university of that state to
become the. beneficiaries of the Car
negie fund; he feared a time when
the custodians of that fund might
intimidate college professors looking
to it for comfort in their old age.
For the same reason, Joseph W.
Folk, when governor of Missouri,
vetoed a similar bill. These men
thought that college teachers should
not be subjected to the temptation
of considering what sort of teaching
might seem desirable, and what sort
undesirable, to tho custodians of ten
million dollars a distinction which
is made measurably clear by the
present episode. At the time wo
thought Mr. Bryan and Mr. Folk
were needlessly suspicious. We are
now disposed to elieve they were
wise. If any of the trustees think
our criticism is too inclusive, we an
ticipate their just grievance, and
promise to limit our comment to the
responsible individuals, upon receipt
of the necessary information- from
the only persons capable of givintr it.
The governor of Maine was at the
school, and was telling the pupils
what the people of different states
"Now," he said, "the peoole from
Indiana are called 'Hoosiers;' the
people from North Carolina 'Tar
Heels;' the people from Michigan we
know as 'Michiganders.' Now, what
little boy or girl can tell me what
tlie people of Maine are called?"
I know," said a little girl.
Well, what are we called?" asked
piManiacs." Norfolk Virginian-
Teacher (to class in geography)
Johnny, the Hudson river flows into
NeW York bay. That Is its mouth,
Now where is its source?" '
tin?n?X(Aftop careful delibera
tion) "At the other end, ma'am."
Cleveland Plain Dealer,
'"""'""' " ' 1 j-T, 1 in r
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