New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-08-24
IN DEFENCE OF THE STANDARD.
ONE OF THE COMPANY'S OFFICERS REPLIES
TO DIR. GLADDEN'S ATTACK.
HE REGARDS THIS TRUST AS "soUND CHRIS
TIAN INsTITUTIoN"-THE DAY AT
CHAUTAUQUA.
rRy TELEGRAPH TO THE rRBuyE.1

cbautaunua. n. Y, Aug o3.-Dr. Washington
GIadden,s attack on the Standard oil Company has
excited much comment here. Aside from teachers
and students about half the visitors are from Oh
City, Bradford and thereabouts and the local paper
prints "a daily oil report for their especial edica'ion
f. b. Lockhard Of Bradford, manager OF the prodic-
ton department Of the company and brother-ih'
law of John Archbod one Of the eleven trustees mas
a cottage on the lake front and spends his sundays
here during the summer He deprccates Assaults on
the trust much a good Jesuit would deprecaie
complaints against the Inqusllion. To tell the
TRUTH he said to-day al look upon the Standard
OIL Trust as sound Christian institution. II IS
altogether different from the Sugar Trust, II has
wrought immense benefits 10 tho people at large
and all these communistic attacks due entirely
10 the jealousy Of those who can't stand other peo
ples prosperity. Pm glad the company Is senapS
Mr. Gunton hero to reply to DIR. GLADDEN., because
1t is high time the public heard both sides oil the
case didn't hear DR.. GLADDEN. myself but from
what I've been told l imagine he made some wid
statements. It's quito untrue that railroads are
making unjust rebates They stopped that nvs
years ago. 1t Is equally untrue that the company
is using It's power to nture Others
Hasn't 1t manipulated railroads or Improperly
Influenced politics ?" Mr.. Lockhard was asked
"well. it it has, that's all past and gone. Bit
what would you do, what would do. what would
anybody do In such circumstances, IL he saw chance
It's expecting too much to insist that the trust
with railroads. 1t the matter of politics. why It has
been forced into politics in self-defenoe. Every little
poltican down In country who runs for office rles
TO make himself popular by declaring against 1t ard
the public are foolish enough to applaud such foolish
demonstrations. AS 20 its squeezing out small TO-
hners It doesn't squeeze them out at ALL You or
or anybody else start refinery tomorrow, ana IL
we don't cut prices the company won't cut us. Az
this moment there are dozen independent refneries
in active operation along OIL Creek and they're all
making money too. The fact that people have specu
lated the company by building refneries In the nope
of being bought out doesn't mean that IL tries 10
stife competition On the contrary, It's officers are
honorable men, whom It IS pleasure TO deal with
they manage its affairs like the affairs OF the Govern
ment on sound business principles. and to thai, and
nothing else its present prosperity Is due"
Then why should the trustees object to making
their transactions public''
"Well, now such talk may do very well ior tne
crowd but what sensible business man doesn't see
the absurdity of IT. The company eoudnt give an
Just where it came from and what it's going TO 90
with H. IL IL wanted to, and what good would II do
if it did It's private business anyhow II doesn't
need make its business public The pTnSple %
the company makes no unlawful effort 10 control
production. 1t never interfees with the free sale OF
iii II paws promptly, ENCOURAGES industry, and
Iaens I'm fair market price; and all this Talk about
its wckedness arises from sheer ignorance and moth
ST Sr Frank an ddsss IN the
English society by Miss Mary = Beedy, and on
Leland Powers gave the last Of series OF clever
entertainments this afternoon, reciting nearly the
whole OF Sherldan's Rivals"
no morrow is Grand Army Day at the Assembly
| and many veterans are already on the ground At
a meeting tonight Of the Chautauqua County veter-
ans Union the following officers elected: 4.
A. Blood. Of Brocton, y; T., president; f. A. skinner:
Of fold vice president: F. shepard. SECRETARY
8 n HOser treasurer; the Rev. ". I. Hyde. Of
Jamestown, chaplain, and T.. b. stafford. OF Gresn
field Penn, officer of the day. campfire was
anerward held.
Charles L. Webster the Ncw-York publisher. IL
here visiting his family, who have spent the summer
AZ Chautauqua. Other arrivals are Benjamin Lord
and wife, aud the Rev. DR.. John X. Paxton. Of New,
York: d. b. McCreary and wife, Erie Penn.' sna
Colonel J. ID. Sanford, OF Marshatown, Iowa.