Show TRUSTS JS AFFLICT t I ARGENTINA IS DISCOVERY I Committee Recommends Laws to Curb Capitalistic Capitalistic Capital CapitalI I Combinations BUENOS AIRES Dec 25 A A committee commit commit- tee of or the chamber of deputies has dIe dis discovered discovered dis- dis covered after more than a years year's Investigation Investigation investigation that Argentina Is afflicted with I trusts Wine Vine flour nour lime potatoes meat and oil and naptha are described in a recent report of or the committee as asunder asunder asunder under the control of trusts which have been able to flourish and maintain high prices chiefly because of high protective tariffs or favorable railroad rates it is charged The committee finds that the most trust in Argentina the world I trust is put In quotation marks throughout tie tle report is the wine trust mih great grape grape- grape growing province of Mendoza on the slopes of Cf the Andes It ItIs Itis Itis is charged that this combination of or win wins wine producers is an official trust truet organized by the law of the province which Isable is isable isable able to pay the cost of oC the greater part of its alien out of the local privilege created by the monopoly of wine Destruction of grapes and wine exportation exportation exportation tation of wine at a low price and maln- maln of a price in Argentina e a alleged The trust Is able to exIst exist exist ex ex- ex- ex the report says by virtue of high I custom duties duties' which duties which discourage the ImI importation importation im- im I of ordinary wines and by the aid of the national banks Reform in the admInistration administration administration ad ad- ministration of the banks and In la the tariff laws is demanded STANDARD OIL NAMED The committee names the he Standard Oil company of or the United States as the trust which controls kerosene and naptha In ir Argentina The report sets forth that this trust del has in Argentina a powerful power i f ful aIS' aIS subsidiary l fl company O n divided I td In Its legal aspect Into one section ct of production P production d I tion another of marketing and transport The commercial practices of this trust t says the report are those of a amo mo monopoly which wishes to extend even more slid and consolidate There is no proof that the trust has determined upon increasing In Increasing Increasing In- In creasing the price of kerosene and naptha in the country but It is certain that its prices represent a relative increase that thatis is to say with relation to the cost of pro pro- GOVERNMENT IN FIGHT Argentinas Argentina's defense against this international international in international in- in and almost worldwide monopoly monopoly monopoly mo mo- mo- mo moI I the committee says consist of encouraging commerce in and production production production tion of all an other materials m capable of producing producing producing pro pro- light and heat and developing the she production of petroleum as a government entE enterprise since every private enterprise will be annihilated or absorbed b by the trust Dealing with meat the report says that the exportation of this commodity is in inthe inthe inthe I the hands of great companies which are subsidiary to still sun more powerful foreign I companies tending toward capitalistic monopoly c o The committee e recommends c I that Argentina tin organize its o own met mert industry in industry in- in with municipal and regional cold storage plants and enter Into direct relation relation relation rela rela- tion with the great foreign markets of consumption Finding rinding that a milling trust exists the committee declares that laws als against extortionate extortionate ex ex- capitalistic combinations are rf necessary and nd that we should educate ourselves economically and politically for forthe forthe forthe the socialization of or this industry |