Show i v g. g SUGAR WA WARS HISTORY TOLD BY SPRECKElS Son of Great California Refiner Refiner Refiner Re Re- finer Is a Witness in the Governments Government's Suit to Dissolve Dissolve Dissolve Dis Dis- Dis- Dis solve Alleged Combination PRESIDENT OF FEDERAL COMPANY TAKES STAND For Three Years He Testifies Testifies Two Western Plants Worked Under Definite Selling AgrI Agree I ment ment- ment Tei ment T Territory Was Divided I Y NE YORK Oct 22 Wars Vars Wars I among sugar companies for the tha control of large interests and the regulation regulation Te- Te reg reg- of prices in this country fr from m. m 1876 to 1891 were described ib d at today oday by C C. C A Augustus Spreckels ls pre pr pres president l ident ent of the Federal Sugar company who was a a 3 witness in iii the hearing of f the federal Sl suit t to dissolve the so- so called sugar trust Mr fr Spreckels a. a son o of Claus laus Spreckels who founded the California Sugar company compan was general manager of that company compan In 1883 1863 when wh n he ho h testified tOda today hi his refinery and nd a re refinery refinery re- re finery of or the tho American Sugar Refinery Refinery- company were the only on- on plants west of oC the time Missouri river For three yearn ears the two worked under an au agreement by which his company compan sold four our of ot the sugar In the territory mentioned mentioned mentioned men men- and the tho American one fifth ono with prices held two cents a pound above the tho New York market through a freight rat rate arrangement with the rat railroads I roads In 1885 Hawaiian planters said Mr Spreckels obtained con control of or the American Sugar RefInery company and war followed on the tho Pacific slope Mope j that carried prices b below low the h cost of or production pro Two years ears later lator said the witness ss John E. E Searles ea les' les proposed propose to Clang J l t Spreckels ls that nhat the California Comp 11 go So Into a nc new combination to 10 be called the Sugar Refineries company He lie re refused l ue e- e fused to Join the new company compan but Informed Searles that if the Sugar n Re fl- Refineries fineries company would confine contine Its operations to territory east of ot the Missouri the California company compan would not nol to Invade agree that territory Mr Ir Spreckels said that nothing further fur fur- ther thor was heard from Searles but Lut soon soomi afterward the thc new ne- combination bought the tho American Sugar Refinery r company with Its is plant west of or the Missouri and immediately his father retaliated by building the factory of the Sugar Refining company compaU at PhiladelphIa Philadel Philadel- phia The witness said ald that he was warn made general manager of ot this now plant and that another war al was vas de declared declared do- do dared which kept sugar prices cost until late lale in 1890 bout About that time tImo a representative from the Sugar Refineries company petitioned him for peace tho the witness witness witness wit wit- ness continued and for tor six weeks price prices soared and both companies made mone money then without warning the op opposition opposition opposition op- op position company suddenly broke th market and later he learned that Francia Fran Fran- cia els C. C the representative who had asked for peace bad oem been forced to break his agreement ement through pressure from Searles and the HaY Hays Hays' meyer moyer Interests which threatened ato ad to organize another sugar company if It the th fight against Spreckels bs was 1 not con coa Later said the witness Searles It H. O. O and T. T A. A Ha r bought 15 per cent of ot tho the stock of ot the tho Spreckels company compan and the Western Su Sugar ar company compan was organized Meanwhile the American Sugar RennIng Renn- Renn Ing company compon the time called so-called rust trust wa waa organized org Shortly afterward tho the witness witness wit wit- ness resigned as general manager or ot bin w. fathers father's company WT Why h y did dl you ou quit asked As United States Attorney Knapps Well it seemed said Mr that I didn't please anybody bod with m my conduct of the tho company's compans business e eI I quit My Mv f father wrote me that th the trust truet was asS ru complaining complaIning- of ot my ruy refusal to heed suggestions as to prices and amount of and I said to myself myself my my- self that the minority never control the tIme majority and when It t did dido bo so o It was time for mo me to get out |