OCR Text |
Show WICKERSIIAM MOVES AGAINST COFFEE TRUST Attorney General File Suit In Equity Against the Backers of Brazilian Valorization Scheme. New York Attorney General Wlek-prsham Wlek-prsham on Saturday moved against the o-cal!ed coffee ttcheme. In a petition In equity filed In the United States court here the ralorlzatlon plan Is declared de-clared to bea violation of the Sherman Sher-man antl trust law. The court is asked to decree the scheme unlawful, to enjoin the valorization valor-ization committee from withholding roffee from the market and to appoint a receiver to sell the 9.10.000 bags, valued val-ued at $10,000,000, now alleged to be stored in warehouses of the New York Dock company. The government also applied for a temporary injunction restraining the ralorlzatlon committee from removing or disponing of coffee held In America pending the termination of the issue. Tbe members of the valorization rommittee have agreel among themselves, them-selves, the government charges, to withhold from the market large quan titles of coffee under their control for raising, the price to an unreasonable extent. They have thus attempted, it is declared, to restrain the coffee trade throughout the world. |