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Newspaper Page Text
done by the other in the last
"week. They saw whether or not
any member of the pool had tried
There were bitter quarrels be
tween the millionaire packers at
some of these meetings. There
were accusations of double deal
ing, passed across the table with
"bitter wrangling until far into the
Once the feud became so 1 it
ter that the pool was disbanded,
and was out of existence for two
After the last week's business
had been discussed the packers
settled by ballot , on the appor
tionment of business for the com
That, ballot decided just how
much beef each concern could
buy, how much it could sell in
each city of the United States,
and how much profit it could
- make from the sales.
Tuesday night, Henry Veeder
mailed to the managers of the six.
members of the combine, two re
ports. The first was a resume of the
last week's business of each con
cern. It showed theprofit or loss
of the last week's business of
each concern, and it fixed the
fines for violations of the pooling
contract " during " the " previous
. The fine was "40 cents a hun
dredweight for each' car of beef
sold iij violation of the contract.,
The- second statement Veeder
mailed related to the business of
the next week. It tdld the man
agers how. many shipments they
could send off, and how muchjto
each city- ' "
These second letters read some-'
thing like this:
At today's .meeting it was1 de-
termined that the shipments for
the next week will "be 80 per cent
and the amounts to be shipped
into territory A will be as fol
lows : A (for Armour), so many
pounds.jF (for Swift), so piany,
pounds, and so on until each con
cern and every part of the United
States had heen covered.
These letters never were sign
ed. They were mailed in plain
envelopes, marked personal in
huge letters with a "rubber stamp.
All answers to them, and 11
reports received by Veeder, were
addressed to "P. O. Box 247,"
and were written on plain paper
and without a signature!
There were no .names) no ad
dresses, no identifying marks of
any sort about, any df the cor
respondence concerning the pool,
or its arrangements for appor-
tioning of business?
The pool was a' hidden thing,
and -had a secret service man
dome into pdssession of a, letter
written after ,one of the stormy,
meetings of the millionaires, he
would not have been able to make
head nor tail of the letter.
Veeder told how 'i his arrange-1
ment lasted Tforo 1893 to 1896,
.when it wag terminated through
the open breaking joiit of one ,of
the, feuds between the parties to
the pool, fhat always were smol
dering undprrieath the suFface.
In 1898 the pool came into exist
ence, again, , ' ,