Newspaper Page Text
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rVENINQ BULLETIN, HONOLULU, T. H., WEDNESDAY, NOV. 15, 1911.
BILLION-DOLLAR STEEL TRUST MUST FIGHT FOR
EXISTENCE AGAINST UNCLE SAM'S LEGAL POWERS
HAWAIIAN SUGAR CROP-1910-1911.
FROM OCTOBER 1, 1910, TO SEPTEMBER 30, 1911.
(Complied by llureaii of l.nlsir and Htatlstle.s, HaualUii Suar Planter AMKlation 1
Kinfjs of Finance Haled Into Court to Tell of Alleged Stock
watering Methods Sensational Allegations Made in Suit
Filed By U. S. Attorney.
NT.W YORK, Oct 2d Tuo bllllon
ilollnr Hlcol Ti list the Kicitcst
iiiii.ilKiiiiintliiii of Riant corporations
uvei formed In 1 1 1 1 lilslnry of tlm
world, IiiIii'IkIiimI belillid tin' lull
walked milllonx of tlili l -evou sub
;ddlar eniporatiiuiH, mill manned im
ilcr tin1 ruiiliiiIkIiIi of tile Krculeit
flnaiit Icm tlio world bai I'Mjr pto
duccd to-nlulit Htanila fncc In face
Alth a Ien.il li.ittlo for ItH M'li ex
Intence Tlio Unltt'il Stntoi nnvcinmmt late
tills afternoon Iickiui ult In tlu IVil
vinl Court k for tin' illHsolutltni of tliU
trust. llolilK ilecliu Iiik Hut tlio
lillllon-itollnr trust exists In deflnwo
of law, tlio Policial (iovcriiluvut calls
Its ouneix, sponsorH aiul directum
Into rouit to compel them to show
eauso v Ii tlio trust xlioiilil not he
dissolved mill llic steel Innluess of
tlio United Stntei. wlilcli It has held
In a tlnotttliii; itr.mp for more than n
ileiade, lie. teuton d to a lettnl, law
iilildlnK, inmpctltlvc basis.
Financial Giants Into Court.
That tlio United States Oovorti
nieiit Is deeplv In earnest In this
KM at local li.ittlo Is shown by the
Inct that It has tailed Into lourt such
kIiiiiIh of the tluauelal woild as J
IJleiHint MnrKan, .Inhii I). Kocke
rellei and Audiew CarncRle, the1
time I Idlest men In the woild, nud
nlo biiiIi noted eaptalns of industry
nri Chailes M Sthwah. CieorRe W.'
1'erklns, 11 II (lary, .lolin I) ltocke
leller. ,li Hem) Clav Krlck, Charles
Sleel'e, .lames (luloy, William H !
Mooie, J. II Mooie. IMimiml C Con-'
verse, I'etelxal Holieits. Jr.. Daniel
.1. Held, Noimau II Itealii. I' A II.
Wldner and William I' Palmer, nlli
rteoRiilzcd forces In the ludustilal
Jncoh M. Dickinson, until n few
months apo Secretnrj of Wnr in
President Tnft's cabinet, has been
placed In lommntid of the forces of
The lltst riiii In the Rient IcriiI
battle was filed at Trenton. N .1.,
when a petition foi the dissolution of
the trust whs filed In tlio United
Htntes Circuit Court It Is the tnot
sweeping; petition over llled In any
court In anv similar legal sturRRle
What Government Demands.
The RONerntnenl's prnjer makes
the follow Iiir specific requests:
1 That the combination, of com
panies which make up the United
States Steel Corpuiatton be declared
2. That all tlio companies and that
Jtockholders and directors be foi
over enjoined from continuing the
3. That all tlio steel trust com
panies be dissolved.
4. That the liotdlnR of stock by
one of the companies In nny other of
the companies be declined llleRiil
u That all of the companies be
prohibited from pajliifi dl blends to
the Steel Corporation.
. Tint all tlio ImlUlilu.il defend
Mils be enjoined from coiiIIiiuIur the
existence of the trust.
7. 1 hat the stock of the subsidiary
coiHiiatlons bo distributed In such
manner as to piovcnt a contlnunnco
of tlio trust
8. That tho lensn of the Mill ore
lands be cancelled becanso It fosteis
Sensatlonul alleR.itlous fairly top
ple over each oilier In the (lovern
incut's pitltiou, which Is an equity
pioccedltiR prayltiR for Injunctions
to stop continuance of the aliened
monopoly and such other relief as
the court inn riiiiiI.
In Its tccltnl of the formation of
the trust, the Government's brief
"Much stock was Issued on an In
Mated basis In oxchaiiRe for stock ac
quired In absorbed companies, which
Mock Itself had been "ssiied upon a
lnitly Inflated basis, and of the Inl
.nice many millions of dollars were i
rownnl for mere promotion and uu
ilerwrltlnR "In the dliert exchange of securi
ties the corporation Issued tl.lHl ,
882 5.12 of stock ami bonds In cx
chiiiRO f'.r a totai of ?i,24,inr,
stock of the constituent companies
and CartieRlo Company bonds.
"The earning IIiiourIi of the con.
solldiMon was entirely under tho su
pervision of J. 1'. .Morgan & Co, as
"Tho sndlcnle turned over to the
corporation $2.",000,00n In ciibIi.
v.blcli constituted alt that was added
of Intrinsic value to the properties
romblneil, except for $l.lM)t).oao cash
1 aid In by the Incorporators Mid sun
dry stocks of n par value of $17l.uM).
Tor this consideration nud Its ex
penses, services and risk the syndi
cate iccelvcd i;i,!l'.l8,"i;il (par value)
I preferred and JCl.tKlS.M" (par
value ) of common stock of tho corJ
"This enormous take-out wan kis
Llblo because the smllcate man
agers and those most lullueutlal In
effecting tho combination were prom
lncntl.v 1-10111111011 with the miiiaRC
ment of several of the constituent
companies and afterward wth tlio
control of the emigration Itself."
TO LOOK AFTER
That the tide of IniinlKMlloii from
CuropH Is riiIiik t turn toward the
J'nillle Is evidenced by the fmt Hint
uln.iilt the San I'ranclsen labor unions,
Willi h lire kipt will Informed on lminl-
Kriillnn mattirs, are prntcstlngiiKnlmH
mi) lnllux of KuropuiiiM after tboopeii
liu; of the Panama t'nniil A San
PliirIshi ueuapnpir, III Its column of
hibnr news, sn)s:
The Sin I'raniNen laibor Council nt
ii Ilim l'rlda lilKlit luxtriKtid Its
I iu nml legislative (ommitlee to In
Vi'itlKate the problble effect tlieoplll
Iiik of lb" Panama Canal will hive upon
ImiiilKiiitlou to tbls ilty and Coast,
MimmIIhh the (iiuutr. with cheiip fnr
ill'ii labor whlib may piove n menace
to the wiigiwnrl.i is of ('allfornla bv
liiuirliig wages and the standard of
llvluK Tim mniiulttio was Instructed
tn ennfir vvltli otlit r orgnnlnithms, the
mi mlii is of which fear a like tftict
fiiuii nn In It ii v of immigration
Upon request of San 1 ranelsen
LihIki- No i.S, Association of Machln
l.it, the iiiiincll will urge the Ameilcnn
I'i di ration of laibnr that Congress pro
vide for tile building of a battli-i-hlp nt
tlm Mare Island nav) nrd during tlio
Dr. Carl Mninus, rhtof quarantine
r.ltleei, and Dr. Victor S. Clark, com
missioner of Immigration, conferred
vcKterdny regarding arinngoinenls
lieio for iccelvlng tlio IMHl-odd liiiinl-,
grants nn board tlio Wlllcsden. which
' expected from Kurniss In a few das.
Nurses must bo provided, and prob-l
f,bly there will bo at least half a dozen
Dr. Clark Is supervising tlio com
pletion of tlm new Immigrant receiv
ing stntlon, The olllics of the bo.ud
of Immigration are being moved fioni
Iho present site to the new stntlon at
Iho foot of Alake.i street lodav.
Next Mondav afternoon Professoi
Slxsmilli will deliver a lecture on phv-
sleal ciilturo and health at tho pir
loi ii of tho ltn)al Hawaiian Hotel. All
inleiested aio invited to attend.
PASSENGERS SEE A
SHARK EAT SAILOR
Unfoitunate Man Falls From
Vessel and Is Bitten In Two
and Carried Off,
Xnw VOIIK, Octolier 2S When the
steauishlp tlio (Irulide arrived hem to
day from llrunsulck, (la, slui report
ed that one of the sailors, (leorge
Spencer, fell overboatd last Thursday,
while off Charleston, S C, mid was
bitten In two by a shark.
Several of the passengers witnessed
the man's striiRglo with tlio monster,
ulili Ii disappeared below tho surface
witli Its ptey Spencer lived with his
sister In llrookl.Mi.
OF MUCH DEBATE
Another threat to shoot was reuls
tereil ctrrila from Walklkl, and to
da when l)r lllue gets tbu lipallll llell
ti Haul's riport its to who the man Is
be will Investigate the matter
The piluclpal tuple of discussion ves.
tenlay nftenioon nt the citizens' ennt-
mlttee mt'etliig centered around the
question as tn whether or not there
wire nny ellow fever Inuring mos
qultois In Honolulu Kntomologlst O
II Swire) of the planters' expirlment-
nl Htatlnn made the stateuieiit during
the day that lie laid nevir sten tli
real illciu fewr inosqiillo here The
one that If gi nerally ireillteil with lin
ing the enrrlir of the illsense, h stntes,
Is nut the one, although It Is very
Culonil Kliirt. Midlenl Corps, U H.
A , the ranking undleal ollleer anil chief
surgeon In charge of the Western Di
vision of the army, took the opposltu
stand ( 'ilium 1 Dbert nrrlved on the
transport Thomas jestirday and stat
id tliat he bad great faith In tile health
utile lals nnd the marine hospital nr
vlce He quoted no Instauie In the
Philippines where nil expert had failed
tu locate any of the malarial mosqui
toes, but the day aftir be left a big
crowd wire found He also stated that
the banana trees should be cut down.
Die piling off of the men was car
ried through without n bitch, nnd the
whole opi ration was dune In about tell
minutes, payment b lug made nt each
of the headquarters simultaneously
The night train started work and u
great ileal of the di brls hn. been removed
Do you want only oajj of the nutiition of the grain?
Do you want alof the nutrition?
Are you feeding your eye or am you feeding for
Tlio white biead advocalo may bo moie aesthetic in
his tempoi anient than the man who eats food foi tho actual
nutiition it affoids, hut
The Man who eats
Feels its Strength-giving Powers.
Cminont Diitish analysis shows theio is but 2 pei cent
wasto in Gi ape-Nuts,
A dish of Giapo-Nuls and good milk icgulaily foi
hieakfasl will soon show tlio value of a "coioal" food which
is fully up to Natuio's stanclaid,
"There's a Reason"
CAPT. SCHLEMMER SAYS
HE, WAS. NOT NOTIFIED
Captain Max Hchlcminor f'eitri that
he has a Just grievance against tho
mosquito squad In his district, whlcn
Is closo to tho Kalllil-wiiena school
Ho hus that Ii duo oung grove or
bananas, planted for coinmerclul pur
IHises, was cut down without oven u
notlllcntlon to himself or nny luemhor
of tliu family.
"A year ugo when tho 'liaiiuni
boom' was on and we were nil advis
ed to plant bananas particularly
IlliiofleldH, bought tnent-llvo dol-
I.iih wuilli of plants from Mr. Tho
mas," said Captain SchU tumor toda
"I bad to borrow half of the money.
I planted tho trees In a gulch near my
houso, nud Mime of (hem, 1 am sine,
are mole than ISO feet away.
".Monday mottling wo found tlio
tiics all cut down, No notice was
given us. I did not Intend to object
to having the tieos cut near tlio house,
but I ceitaluly was vvllhlu my rights
iu nbjeiting to trees lii')ond tlm lf.ll
feel limit being destioied The whole
vatic) Is complaining because, no no
lice whutover is given those who own
the tues "
Tlio license commlssloneis w
iim ft at 4 o'dock on i'ilda and the
pilnelpal business will be tho hearing
of nn explanation from Kwong Chung
l.uug legardlliK the sale of some II
ISLAN S 'TONS TT0TNSL AGENTS ! T0NS q
Olntt Sugar Co., I.dl
Wniakea -Mill (V
Hilu Sugar Co
Hawaii Mill Co., Ltd
Oiioinca Sugar Co
Pcpwkco Wugar Co
Hoimtini Sugar Co
Hitkalaii Platilalioii Co
Laitiulii)cliiK Sugar Co
Kaiw'iki Sugar Co
Kiikaian Plantation Co
Kukaiatt Mill Co
Hiiimikua Mill Co
Paaitlian Sugar Plantation Co. . .
Hottokita Sugar Co .'
Pacific Sugar ilill
Niulii Mill ami Plantation
Unlaw a Plantation
Koliala Sugar Co
Union Iill Co
Hawi Mill anil Plantation
Ivniia Hi'Vi'lojiinpnt Co
Hntcliition Sugar Plantation Co. . .
Hawaiian Agricultural Co
Pioneer Mill Co., I.til
Wailnkn Sugar Co
Hawaiian Commercial and Sugar Co
Muni Agricultural Co
Kaclekn Plant.ilion Co., I.til
Kipalinlit Sinrar C
Honolulu Planlatioti (Jo
Oiilm Sttg.tr 'o
Ew.i Plantation ('
Amkii!i Sugar Co., Ltd
Wuiuliiii Agricnltttial Co., Ltd.
Kalinku Plantation Co
KoTilun Agricnlttirnl. Co., . . . , ,
WJutiianiilf Sugar Co
T.ilnic Plantation C
Orovc Parin Plantation
Kolo.i Sugar Co. , . ,
McHrydc Sugar Co:, Ltd
Hawaiian Sugar Co
Clay & PoliiiiMm. ,
Wiiimea Sugar 1 ill Ci
ICckalm Sugar Co
Estate) V. ICnudscn ,
Kilauca Sugar Plnntatioii Co. ,
jrakoc Sugar Ci ,
C. Brewer & Co.. Ltd.
llakalau Plantation Co
Hawaiian Agricultural (
I Hilu Sugar Co
Honolulu Plantation ( o
Iloltotuil Sugar Co
HutdiiiMJii Sugar Plantation C
Kilauca Sugar Plantation Co
Onomcu Sugar Co
Paauliatt Sugar Plantation Co
Pi-pi ckco Sugar ( V
Wailnkn Sugar ( "o
U'aitnaualo Sugar Co
Alexander & Baldwin, Ltd.
Hawaiian Commercial and Sugar Co.
Hawaiian Sugar (. o
I. iiic Plantation ( 'o
Mntii Agricultural Co
Mcllrydo Sugar Co., Ltd
H. Hackfeld & Co., Ltd.
Clrovc Farm Plnntatioii
Hawaii Mill Co., Ltd
KVkali.i Sugar Co
i ICipiiltulii Sugar Co
I Kolo.i Sugar Co
iMikaiau I'latitatiou t;
I.iliuc Plantation Co
Oaliu Sugar Cu
Pion.cr Mill Co.. Ltd
Waitnca Sugar Mil' C
Castle & Cooke, Ltd.
Apokaa Sugar Co., Ltd
Kwa Plantation C
Koliala Sugar C
Waialua Agricultural Co., Ltd....
Theo. H. Davies & Co., Ltd.
1 Inlaw ii Plantation
Ilaiuaklia Mill Ci
Kaclcku Plantation Co., Ltd.,
Kaiwiki Sugar Co.t Ltd....
Konn DcVflopiueiil Co., Ltd.
K'ukaiaii Mill Co
Lnupaliochoc Sgar Co
Niulii Mill and Plantation..
lJiiim Mill C
Waiakca Mill Co
Bishop & Co.
Olati Sugar Co., Ltd
f . A. Schaefer & Co., Ltd.
Honokaa Sugar Co
Pacitic Sugar Mill
Hind, Rolph & Co.
Huwi Mill and Plantation.
J. M. Dowsett
Henry Waterhouse Trust Co., Ltd,
C y TtSr tlolnn-on
Makee Sugar Company
Makcc' Sugar '
H. M. von Holt
Kstalc V. KuuiUi'ii
Hawaiian Development Co., Ltd.
lCoiilau Agiicultutal Co . ,
500,821 Tor vi.
2,000 ponndi to tlio ton.
INITIAL8 PUT ON FREE
KAM CHONG CO.,
, , OENT8' FURNISH INQ9 .
an'O nnrtr.T'AN'iA 'sThnrvrH ifAimiRON m.onc
The Caster that never refuses to tarn
for all purpom, but tipecllly for ( ,, ,
SATISFACTION GUARANTEED. ,Th old and wall-triad
at formarly utad on wood bada. It mil alwajia good. At
" KINQ"AND' AUAkETA" '