124 AGRICULTURAL MACHINERY AND TRUST QUESTION 



(6) The Company avers that, unlike the illegal trusts and 

 combinations, it is controlled and managed by men whose fathers 

 originally developed the harvesting machine business in which 

 there has been continuous management and development for a 



FIG. 18 



farm machinery in Siberia. 



FIG. 19. Farming in Italy using American mowing machines. 



period of more than fifty years; that it was organized without 

 excessive capitalization and without any purposes of securing 

 quick fortunes from stock sales or excessive earnings, and that 

 beneficial results have been secured to the public in greater meas- 

 ure than to the stockholders. The company avers that during 

 the twenty years prior to its organization in 1902, more than fifty 

 competitors had been eliminated from the harvesting machine 



