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The Paper Trust Volume 243; Hearings Before the Committee on the Judiciary on the Lilley Resolution download pdf

The Paper Trust Volume 243; Hearings Before the Committee on the Judiciary on the Lilley Resolution download pdf

The Paper Trust Volume 243; Hearings Before the Committee on the Judiciary on the Lilley Resolution by United States Congress House
The Paper Trust Volume 243; Hearings Before the Committee on the Judiciary on the Lilley Resolution
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Author: United States Congress House
Number of Pages: 50 pages
Published Date: 01 Mar 2012
Publisher: Rarebooksclub.com
Publication Country: Miami Fl, United States
Language: English
ISBN: 9781130929119
File size: 41 Mb
Download Link: The Paper Trust Volume 243; Hearings Before the Committee on the Judiciary on the Lilley Resolution
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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1904 Excerpt: ...Citizen. The Great Northern Paper Company claims a product of 300 tons per day. The International Paper Company has no contract or arrangement with any company preventing its selling to any purchaser. The statement is false. The International Paper Company does not accept the surplus product of any manufacturer, to be introduced into its warehouses, and has not accepted paper from any manufacturers excepting the small quantity heretofore referred to, which was purchased for the purpose of complying with its own needs and obligations. Assuming that the statement of Mr. Seitz was correct, the logical result would be the accumulation of stock in the warehouses of the International Paper Company, which accumulation must eventually find its way to the market, but as a matter of fact the reserve manufactured stock on hand held by the International Paper Company on the 1st day of April for each of the last five years was as follows: April 1--Tons. 1899 34, 718 1900 15,584 1901 23,607 1902 18,038 1903 29,342 1904 23,156 (13) "When they organized, five or six years ago, they took in all the mills and machinery in the country, themills which had earned two or three fortunes and placed the valuation at $22,000 per ton, whereas the modern plants are estimated at $12,000 per ton." (14) "They have not added one single machine to their equipment, except that within a few months they have put in one at Bellows Falls for making box board." (15) "They have reduced the speed of their machines and their product from 1,550 down to 1,150 or 1,200 tons." (16) "1 think the market price of paper is just about $5 a ton higher than it was a year ago, and it is $10 or $11 a ton higher than it was four years ago, when this combination went into effect...

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