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Newspaper
Atlanta Constitution
Location
Atlanta, Georgia, United States of America
Date
May 11, 1902
Page
24
Stock for a few days at the sale stock yards and open markets so market reports show higher prices than trade warrants. This strategy aims to induce owners in various states and territories to ship large quantities of live stock simultaneously to boost reported prices.
The United States files an antitrust bill in Chicago with Attorney General Knox approving. District Attorney Bethea seeks a temporary injunction against Swift & Co and others under the Sherman Act. The complaint names Armour, Cudahy, Hammond, Nelson Morris, and numerous individuals as defendants.
A federal bill of complaint alleges defendants coordinated through stock yards and markets in Kansas City St Joseph Omaha Sioux City Chicago and others to restrain competition in buying livestock for meat. The plan allegedly included bid rigging price fixing and uniform credit and carriage charges to dominate fresh meat trade across states districts and foreign markets.
The defendants in Missouri are accused of operating plants in Chicago East St. Louis South St Joseph and other cities in Illinois Minnesota and Missouri to convert five stock into fresh meat for human consumption and to sell and ship these products across the United States District of Columbia and foreign countries via railroad common carriers through agents at major meat markets. The filing marks the alleged violation of law and details the extent of the defendants business in fresh meats and trade across state lines and foreign markets.
The complaint accuses Swift & Co and related firms of forming a conspiracy to monopolize the supply and distribution of fresh meats across the United States and territories. It alleges price fixing, rebates from railroads, and restrictive practices to curb competition, with a request for an injunction and discovery of corporate books and records.
The text shows a court summons style urging appearance under oath with signatures from G. H. Bother United States Attorney, Philander C. Knox Attorney General, John K. Richards Solicitor General, and W. A. Day Special Assistant Attorney General.
A advertises a combined course with 40 percent tuition after accepting a job, payable five dollars monthly, with no security needed. The college guarantees a position or refunds the cash payment and invites readers to write or call for the catalogue and full particulars of this special offer at Craughon’s Practical Business College Connally Building corner Alabama and Whitehall Atlanta.
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