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Show A Lance Corporation. Chicago, Nov. 19. There was organized in this city during the past few days one of the largest corporations cor-porations In its lino in the world. The charter was filed In Springfield today and tho new corporation will be know n as the "American Harvester Harv-ester Company," for the manufacture manufac-ture or harvesting machinery, with a capital stock or $35,000,000. Among the directors will be Cyrus H. Wood, Lewis Miller, A. L. Conger Con-ger and A. S. Busbnell. Colonel Conger, when questioned by an Associated Press reporter this evening, said the present demoralized demoral-ized condition of the harvesting business necessitated the formatiou or a new company. "Many failures fail-ures have occurred during tho past few years, entailing Immense losses. los-ses. The cost of materials has been advancing to that It has become necessary either to raiso the price of machinery to thefarmersor.through economy, produce and distribute them more cheaply constructed. 1 1 Is the purpose of this new organization organiza-tion to da this. It Is less to the interest in-terest of lie binder manuracturers than to thi farmers themselves that tho Utter should obtain binder twine at reasonable prices, and a hope ot effecting this oi Ject is an important reason for the formation of this coxipany. We do not expect to check competition, but shall possibly possi-bly carry out the manufacture of machines at several different points." |