Jasper County Democrat, Volume 12, Number 71, Rensselaer, Jasper County, 18 December 1909 — SUGAR MAGNATES UNDER FIRE [ARTICLE]

SUGAR MAGNATES UNDER FIRE

Directors Who Were Indicted tc Be Ousted, It I* Said. New York, Dec. 17.—The sugar district reports that President Washington B. Thompson of the American Sugar Refining company, who succeeded the late H. O. Havemeyer, is going to make a thorough housecleaning. The refiners understand that things are not so peaceful in the company between Thompson and the directors identified with the Havemeyer regime. It is reported that several directors will be given the opportunity to resign and that about one of the first resignations as a director woul*’ be that of John E. Parsons. There is a pretty distinct impression among the sugar men that the retiring directors will be those who were Indicted for conspiracy in the case of the Pennsylvania Refining company. The trust men indicted in that case were John E. Parsons, Arthur Donner, Charles H. Senff, John Mayer and George H. Frazier.