NEWS WORTH REMEMBERING
News Worth Remembering DURING the recent campaign in Kansas, Senator Bristow of that state made a number of speeches. At Winfield, Kansas, on July 9, he criticized the duties levied on textiles,...
...He admitted, however, that he is a stockholder and director of the Intercontinental Rubber Company, which, he claims, was organized in 1906 and does not control the country's supply of crude rubber...
...The press of the country points out that the spoils system and the corruption which it engendered in New York City before Mr...
...He stated that the Intercontinental Rubber Company, formed in 1906, was in 1909 after the passage of the Payne tariff law, reorganized, with Mr...
...For five weeks, Mr...
...These telegrams, which urged the approval of the contracts, were readily signed by the Indians, who desired speedy settlement of their claims...
...Government to Own Railroads...
...looks better here...
...On August 11, Mr...
...His reforms have saved the city millions of dollars and have thrown out of employment thousands of political hangers-on...
...The Indians who testified, declared that the inaction and slowness of the government agents in disposing of the lands induced them to sign the contracts with McMurray, in the belief that he would affect a speedy settlement...
...They dared not resist the demands of the Intercontinental Rubber Company because, under its charter, that corporation, backed by the Guggenheims, T. F. Ryan and H. P. Whitney, could enter the manufacturing business in competition with them, and at the same time cut off their supply of crude rubber...
...Bristow charged that the company was able to pay these enormous dividends because it controlled a large part of the supply of crude rubber, was rapidly absorbing other rubber companies and raised the price of the crude rubber to manufacturers, who, "protected" by the increased duties on foreign manufactures of rubber, could pay more for the crude material and pass the increase on to the consumer...
...He denied that immediately after the adjournment of the tariff session he had helped to organize a gigantic rubber trust, of which he is now a large stockholder and director...
...Bristow, who spoke in Milwaukee in behalf of Senator La Follette's candidacy for reelection, answered Senator Aldrich...
...Aldrich wrote a letter to Congressman McKinley of Illinois, chairman of the Republican Ccn-gressional committee, denying most of Senator Bristow's charges and declaring that neither he nor any menber of his family had benefited financially through the increase in the duty on manufactured rubber...
...absorbed two large rubber companies, and secured control of five other rubber companies...
...Others of the tribes appeared on the stand and testified that they had been approached by McMurray's agents, with the request that they sign telegrams addressed to a Washington lawyer acting with McMurray in efforts to secure approval of the contracts...
...It owned and operated rubber plantations consisting of millions of acres in Mexico and the Congo, and sold the product in the United States...
...He charged, particularly, that the Payne-Aldrich duties on manufactured rubber had been dictated by Senator Aldrich, who was largely interested in a rubber trust, and that because the duty on manufactured rubber was increased, the Senator from Rhode Island had been substantially benefited financially...
...More Light on Indian Contracts The Congressional investigation of Senator Gore's charges of corruption in connection with contracts made for the sale of Indian lands by F. J. McMurray and others, was continued throughout last week in McAlester and Sulphur, Oklahoma...
...Under the charter that was adopted, the Intercontinental Rubber Company was authorized to engage in any lawful business whatsoever, although it seems to have confined itself to the production and distribution of crude rubber...
...On August 12, Mr...
...He declared that the duties on these commodities, and on others affected by the tariff, had been fixed in the interests of certain trusts and combines, and not in the interests of the people...
...He stated that the duty on manufactured rubber had been raised at the suggestion of tariff experts solely in order to gain uniformity and simplify the bookkeeping of the customs service...
...The testimony taken developed the fact that most of the Indians willingly signed the contracts which allowed McMurray and his associates ten per cent, of the total amount to be secured for the lands, as "attorney's fees...
...Aldrich made no reply, while the press of the entire country commented...
...At Winfield, Kansas, on July 9, he criticized the duties levied on textiles, lead and lead products, and manufactures of rubber under the Payne-Aldrich tariff act...
...Cn August 15 representatives of the railroads and shippers of the country appeared in New York before a member of the Interstate Commerce Commission to present arguments for and against allowing an increase in railway freight rates...
...Gaynor took office, was the cause of the attempted murder...
...Lippitt's testimony in regard to the increased duty on cotton cloths and stated why he increased the duty on those cloths when the manufacturers said they did not want it...
...They were sent in response to McMurray's telegram from Washington to his agents: "Send not less than fifty letters and telegrams and keep up the work for a week at different towns...
...The mayor has displayed great fortitude since the attack by James J. Gallagher, a city employee removed for incompetency...
...Bristow closed his reply with a statement that he "should have been glad if Mr...
...Aldrich closed his statement with an attack upon the sincerity of the progressive Republicans and branded Senator Bristow's charges as "substantial misrepresentation...
...We will win, I know...
...Mayor Gaynor, who as a candidate was savagely attacked by the majority of the metropolitan papers, has placed the city's affairs on a business basis and has impartially administered the duties of his office without regard to either party machine...
...Some of the companies assert the rate of returns is so low at present that if they are not allowed to raise rates, government ownership will become a necessity...
...Aldrich had said something about the lead and the Guggenheim smelting trust and about Mr...
...He denied that the Intercontinental Rubber Company, after the passage of the tariff act was enabled to raise the price of crude rubber materially, and that in this way the price of manufactured goods was forced up and enormous profits made within a few months...
...Indians who appeared as witnesses testified that agents of McMurray had secured the signatures of mere papooses, in whom rested title to portions of the lands to be sold...
...Gallagher expressed no remorse when imprisoned and declared that "the mayor has taken my bread and butter...
...Aldrich's assistance, and made a holding company...
...Victim of Spoils System Mayor William J. Gaynor of New York, who on the morning of August 9, was shot in the head as he was about to leave for a month's vacation in Europe, was reported out of danger on tho 12th, unless blood poison developed within the next week through infection of the wound made by his assailant's bullet...
...During his term of office, the mayor has won over practically the entire press and his sincerity and honesty seem to have astonished the voters and tax payers, accustomed to and tolerant of the graft and corruption of previous administrations...
...Within three months after the mergers had taken place, dividends were paid aggregating 18.2 per cent...
Vol. 2 • August 1910 • No. 33
