Salt Lake Tribune | 1908-10-29 | Page 12 | How Powder Trust Killed Competition

I. i 101 POWDER TRUST j KILLED COMPETfTiON ' . Price at Whicli Goods Were ! . Sold Cut No Figure in In-t In-t , dependent Territory. ; NEW YORK, Oct. 2S. How the Du- pont Powder company cut prices in tho , South to put the Chattanooga Powder ( ' company out of businosa was brought ' : out today at the resumption hero of I ! hearings in the auit of tho govern- I mont against tho so-called powder trust. ' P. G. Waddell, district sales agent for i tho Sinnamahoning Powder company, of Huntington, W. Va., testifiod that he had instructions from Eugene Du- pont to go down and "oust'1 tho Chat-, Chat-, lanooea company regardless of prices. ''I located tho trado supplied by the Chattanooga company." said tne wit ness, "by the aid of tho railroads and took it away from them." "In 1S95," he continued, "tho Chattanooga Chat-tanooga companv was sold out "by the Dupont and theXaflin & Rand Powder ' companies. The Southern Powder coui-' coui-' pany mills were sold to ihc samo per sons who purchased the Chattanooga property,' 1 During his testimonv Mr. "Waddell doscribed the "trade "bureau" system maintained by tho Dupont comrmuy, in which it kept in close touch with conditions con-ditions throughout the count The hearing was adjourned until tomorrow.