Show I A Now Cordage Trust NEW YORK Aug 9Cordage manufacturers V manu-facturers of the United States outside of the National Cordage company are in seasion in the office of the John Good company for the purpose of forming a V V trust Twenty compnrjes are represented National cordage was invited but did not accept Tubbs of San Francisco is among those represented John Good addressed the meeting on the question offorming a combine to whose interest it was to put the raw mat ma-t rial at as low a price as possible and dispose of the manufactured article at a good profit to the makers He suggested q plan to form a mutual protective and Incorporated association each member being placed under bond and to deposit fhc stock of his company as a forfeit Aboard A-board of control will regulate prices and manage purchase all fibre prevent cutting of prices and giving of rebates Ip fact to have general supervision of the affairs of the trust The board however will have no power to limit the product beyond fixing the prices and classifying oods The meeting then adjourned till tomorrow V Just before adjourning a resolution was unanimously adopted that the cordage manufacturers present today organize themselves into a mutual protection association asso-ciation V |