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Newspaper Page Text
U. S. HARVESTER TRUST BRIEF FULFILLS EXPECTATIONS Washington, March 30. Att'y Gen. Gregory's brief in the Harvester trust case, awaited -with tremendous inter est because it was expected to define the present administration's working policy toward all combinations, was filed in the supreme court today. The brief fulfills expectations. It states the two main considerations which moved congress to pass, the anti-trust act were a desire to pre serve industry's competitive system and the conviction that the undue concentration of economic power, re sulting chiefly from the unrestricted right of combination, threatened that system. The International Harvester Co., says Gregory's brief, is not the result of the normal growth of a single busi ness, but is a combination of able competitors the McCormick, Deer ing, Champion, Piano and Milwaukee companies controlling an over whelming proportion of the trade, brought together by Geo. W. Perkins of J. P. Morgan & Co., a banker and promoter. By a single stroke, says the brief, rivalry, was extinguished and a virtual monopoly achieved. Later other big companies were tak en in. The attorney general cites figures to disprove the harvester trust's ar gument that this combination was necessary to promote foreign trade. On the contrary, says .the govern ment, the'trust probably has retarded foreign business' growth. During the 5 years preceding the combina tion, it is declared, the McCormick and Deering companies' sales in creased faster abroad than since, 139 per cent against 61 per cent. M) o GERMANY'S FLOUR PRICE DROPS Berlin. Beginning April 1 the price of flour wul De lowered consid erably, the government anounced to day. Say the present supply of flour is ample to feed Germany until the next crop. OF cooKe. You cajou'tzjA THFY -Sit A4F JVtfAJAJY I Fan. rwe- sAut sjaj7 s&zr OF iT, MOSTLY FOR. L43VO-: BAJO,LlK jAJr OTjK Y0UAJ6- FLL6UI T U9S Atf10 fiFTEA. ) 6fi)T 7?V fiFT& JiMAJ COLUMBUS. JCHKS HJflSHfN&TOSJ. JOHAJ UACOLV OK SMA) KacK FLLA., I SOPF-OSS " ATOPl IT WfiS A0 07HJZ THfiAJ Tt ILLUSTZOUS 'JOHAJ PO 7 eeK. ,Hmmmmimmmmi1lk