Show SUGAR AND COFFEE NEW HEW YORK L LEXOW aw COMMITTEE GOING TO THE BOTTOM TION buckles Ar artial lea partner presents figures to show there Is no money in cf coffee business then gets confused Cont used york reb feb 6 before the legislative anew joint committee on trusts ad louinel yesterday chairman lexow announced that the failure ot of john searles Bc arles secretary and treasurer of the american sugar refining company to appear before the committee today v bring brine upon him such punish trient mf nt tor for contempt as the laws of it new york yorla prescribed searice was not rf ell hand band today ednard edard IL 11 and john P F ra pa sons attern eyu tor for the sugar compary company explained that the subpoena to appear before the commute was served on seagles seal just as he was waa I laving av ns the city lie hf was a today in washington and could not meet the committee mitt until manda onda Sl ahn he be would bo be either in this thin city or albany as would het beat suit aull the conten convenience tence of tile the committee john arbuckle Arbuck lc was recall recalled ld ire he acid it I 1 not ot truo true as stated elated by president haye havemyer that the american sugar re aliu company did not threaten bof to force OL h him im out of 0 the hie coffee business it he engaged in refining sugar there Is no money in coffee business now arbuckle said and explained that the profit in was 0 only cent a pound james N jarle jan ie a business partner ot of arbuckle was recalled and read statistics to prove there was no proult profit in the coffee business this s was in co contradiction ti tra diction of 0 the statement made by mr air H llave averne meyer yer who stated yesterday that tha L the coffee business vas a thriving and field ot of industry in reply to senator lexow the witness testified that the linn ot of arbuckle Ai buckle co and william F ot of chicago control the coffee p ac kage case trade in the united states and that the Haver control tile the bulk of 0 the sugar bradl to the same extent the witness said there ther e were several grades ot of coffee ranging in price from 10 to 30 cents EL pound the latter price be being I 1 ng paid lor for java and mocha what wa 1 the purchase pui chase price of offee coffee when tho the american suz hc ec lining company any went into the coffee corteo business through the woolson company 1 I should say the market price for or rio coffee was 10 cent cents a pound and sold old i at 15 cents a pound to the middlemen what price do you sell it at novar now at cents per pound does docs a profit accrue 01 1 I tin mn not prepared to say bay just now an and d the woolson S spice p ice company wd bold at 13 1 cents a pound I 1 yes air do you as a manufacturer consider it fajr ajr to amass from the consumers large profits to be distributed among the directors and stockholders in the c charge it arge or of unreasonable prices ithe witness tried to evade the question and the spectators gave cave noisy evidence of 0 their dig disapproval approval senator lexow pounded the desk avith his gavel and ordered that no display of feeling be permitted how long ions will the public stand such a thing do iou think asked senator lexow the witness said that the EO 60 per cent d dividend only represented EL a 6 per cent dividend on the present value of the stock he said bl hits company for a single share of the woolson spice company la Is it a a tact fact that they tire arc putting up a better coffee at leas price than you tor for the purpose of driving you out of 0 the market 1 I think our coffee Is better than theirs the witness replied at this juncture senator asked for or C 0 havemeyer ind mr intsons ri a bald id ho he had just received word that mr havemeyer Haver would be on hand ELL at 2 to which hour necess was taken senator lexow lexon then anno announced that during the recess the c committee would consider the question ot of mr disobedience of 0 the order of 0 it the e core committee after recess ll 11 chanman lexow announced that mr beatles would be riven given until 30 10 a to ni monday to answer the subpoena of the committee com mUtee C 0 HAVEMEYER nL tir mr hazeme crr as then recalled ile he maid fald that the tour four in ahila 1 alla delp delphta lita which were absorbed in 1891 still continue in opel atlon in III cieply to a question loii lie he denied that there akert nr refine renn eiloe oles closed atter after tho the consolidation in 1891 1 I think ho he said bald my brother was in error T nhen hen he said that some borne 0 of the rinn r erles were closed after the con Ml Matlon in 1891 the witnel further testified that pt prior or to the consolidation mix factories fac torlea employing hands were closed down mr bir Haver havemeyer then read a long lone list of 0 figures showing the profit per pound of 0 refining sugar derived by the company for or a specified number of 0 years john bergen who had been in the employ of the american sugar company in various capacities from to 2894 was waa next called lie he said that in issa aggs ho he was in the employ of ft the sugar company com as dock foreman and that at the time of the formation of the sugar trust in 2887 between and GOOD men were asked as 03 to tile alio number rendered idle by the down of 0 the brooklyn concern he said men were |