The times., 1899-09-10

buy stock in this company and continued
TO do so until it had accumulated small
Per cent over half the stock of the COM
pany- Mr.. ArchbOid stated in his tssti-
meny before this Commission that he was
in favcr OF the Interstate Commerce Com
mission. II there had been such Com
mission in regard 10 the transportation CT
oil with proper authority. the Standard
Oil monopoly would not be in existence
today. The Pure Oil Company IS in no
sense a trust. \ trust as l understand
it. is a corporation or combination of cor
pc-ations. with vast capital. organized for
the purpose of securing a monopoly in
any branch Of trade.
4 am present as = member of the Com
mission with a full discrimination 20 hear
impartially and TO endeavor. TO the best
of my ability. TO suggest such remedial
legislation (as this Commission is in
strueted 10 dol as Will be for the greatest
good of the greatest number. not only In
regard to combinations bat also with re-
spect to all industrial questions In regard
to the statement of Mr.. Archbold that /.
in company with other parties connected
with the independent movement. called
upon the Standard oil Trust seeking
combination with them, l viii state that
this is true in so far as calling upon them
some three or four years ago Is concerned.
but it was after the purchases by them or
their affiliated companies as stated above.
and it was also after they had purchased
a number of the independent rehneries
connected with the independent pipe lines.
It was also after they had made every offer
possible TO make 10 prevent US marketing
oil in Germany and other places.
THE object in calling upon them. SO far
as l personally was concerned. and / be-
lieye it to have been the object CT the other
persons who were with me at the time. and
who were men Of the highest character.
was to obtain from the Standard Oil Trust
cessation of hostilities against Us both IN
regard TO piping the oil and selling it.
There was not by me, or By any gentleman
with me. TO the best OF my knowledge and
belief. any proposition made to these gen.
tlemen ON that or any other occasion. that
any fair and honorable business man could
not make 10 another / had not then. and
have not now, any conscientious scrupIes
about anything that was said to them. and
would be perfectly willing. were il possi-
bIe to have all the conversation that then
occurred repeated now before this Com
mission
''The statement of Mr.. ArchbOId that
they declined any business arrangement
with the Independent producers. because
of lack of faith in them, cannot be true
and IS gratultous insult 10 large body
OF business men CT high character, For
four years they have been trying TO force
business relations with Us by buying large
blocks of stock in two companies and go
ing into court 10 force Us TO receive them
as business associates. and they have so
far succeeded as 10 have director in the
United States Pipe Line Company. His
statement is. therefore. both false and Sian
dsrous"
State Senator Emery. OF Pennsylvania.
will go on the stand tomorrow against the
trust. Mr.. Rice an independent oil re-
finer of Ohio. will follow Mr. Emery
Further hearings on the oil industry will
then be postponed doubtless until OctObe-.
1t is expected that the remainder OF this
week Will be given 10 hearing the conclud-
ing testimony Of Samuel Gompers on the
labor question and other Labor witnesses.