The Nonpartisan Leader Newspaper, February 11, 1918, Page 7

\ N \ LT AN N N - ‘ Il o S W\ \\ N W -_—— T e N\ NRNR NN '\"7' s MR AR 4 f, NN NN n\‘s\\‘ NN \\\ N Annnnnnnann AW \\‘\\ N \\‘\\\ \ ‘\\‘i\\\‘\\\\\‘\\‘\\\\\\ I RN \\‘\\\%\\\“\fi“\\\:\\“\\\\‘“\\ \ NN “\“\\\“\ TG VORIV 0 \\ W PRI TN Uncle Sam is driving the “money changers”—the war profiteers—from the temple of government. by the government as a war measure, and although the war profiteers and speculators are attem the temple of this foul tribe, progress is being made. fellows kept out, during peace as well as war. “money changers”! that he made political reports to Swift and edited the beef trust’s defense book, free of charge. It should be said that the matter of Durand’s con- nection with the beef trust has been brought to the attention of the board of regents of the University of Minnesota, and members have declared they will now investigate Durand. The packers even tried to “get to” Chairman Hurley of the federal trade commission, when they concluded that their favorite scheme for congres- sional or bureau of markets investigation was going to fail. They tried to pry into plans of the federal trade commission and, according to a letter of Henry Veeder-to L. F. Swift, Mr. Hurley gave them rather encouraging information. Henry Veeder is special counsel for Swift & Co., and general counsel for the beef -trust as well. In his letter of July 1916, Veeder said: PLANS OF THE TRUST DID NOT WORK OUT “l was also informed that if the federal trade commission be instructed to make an investigation under this resolution they would make such an in- vestigation as though it originated with the com- mission; that is, the investigation would be made by the federal trade commission’s own examiners: and investigators without publicity or dealing with™~ the firm or industry concerned, and there would be :* during this investigation public hearings during - ‘which attorneys might appear- and cross-examine witnesses.” Mr. Hurley, however, 'was transferred to the ship- - ping board and the outline of the investigation that the beef trust attorney: forecast was somewhat changed. - Instead of having their own attorneys to" cross examine witnesses, ‘and- tying - the investi- _gation up with the red tape of ‘courts. Henmey e Y The crooked financial deals of the big packers, to whom the people in their foolishness have entrusted one branch of the business of furnishing the food supply, read like fiction—like Rufus allingford stories of frenzied finance. The government has obtained the evi- dence of these deals in its investigation, now being conducted. No revelations - concerning big business high finance. and oppression alike of producers and consumers have been more important than the exposures recently made by the Federal Trade commission. You will not be up to date in current history unless you know these facts. is getting the facts and the public is finding out the inner workings of ‘the beef trust. SWIFT GOT ABOUT ALL HE WANTED < At the time that these efforts of the packers to prevent investigation were being made in' con- gress, the business men of St. Paul, with the aid of L. F. Swift, were negotiating to get the Armour Packing companyto enter the Northwest=-the St. - Paul market—in “competition with Swift.” It will be . recalled that the Leader last week recounted . how Armour got his bonus of.$1,000,000 from’ busi- ness men, and how Swift, the sole dictator of the * market, Helped to buy Armour's competition, Be- fore ,Switt'came.;vto;__St.f Paul, nearly 30 years be- tution: and Stickney gave him that. ‘have you got?” e —Drawn expressly for the Leader by Congressman J. M. Baer Grain and food gamblers to a large extent have been checked pting to block further efforts of the government toward cleansing . The farmers and workers—the producers—are backing the government in this fight. They want these Congressman Baer has drawn a strong cartoon. More power to you, Uncle Sam, in your fight with the modern tore, he too had demanded a bonus from the com- munity and got it. At that time the stockyards and packing plant were owned and controlled by the late A. B. Stick- ney, president of the Chicago & Great Western rajilway.. Mr. Stickney built up the packing in- dustry as a feeder for his railroad, but it didn’t thrive in his hands as he wished. He wanted a genuine packer to make it a more paying feeder for his road. President William Magivny of the St. Paul Union Stockyards company, told on the stand the sad story of how Mr. Stickney searched in vain for someone to give the industry to. Ac- cording to Mr. Magivny, all Stickney wanted was: someone who would accept the institution as a gift. At last Stickney ran onto Swift, but Swift ' wouldn’t allow Stickney to give him the plant right off hand. He demanded $1,000,000 in shares of stock of the stockyards company, which Stickney con- trolled. The capital stock was raised from $1,000,000 to $2,000,000 and the new issue was all given to Swift. Swift wanted the packing plant for 999 years at a rental of §1 a year, and Stickney gave him that, He wanted all the land connected with the insti- Swift hadn’t put up a dollar to pay for these things, Mr. Magivny said.. When the deal was closed, Mr. Stickne heaved a sigh and asked: : “Do you want anything more, Mr. Swift?” and Mr, Swift shot back the shrewd question, “What more ENGLISH STOCKHOLDERS ARE BROUGHT AROUND _ Later, in 1897, Swift offered $1,500 per acre for - the land, including the railway tracks, which he _had not got in the 999-year, $1-a-year lease. That " (Continued on Page 27)