West Virginia daily oil review. [volume] (Sistersville, W. Va.) 1894-1902, 1902-05-23

branches uDQeT one nedu anu iudt
Its gas interests will be treate d ike
wise gives the Pittsburgh Times"
an opportunity to publish ano'hsr
of Its special articles In covert be-
littlement of the oil interests out-
side of those controlled by the
Standard. The articles could be
scarcely more unjust to these In
terests IL they were prepared di'
rectly by the Standard and iur-
nished to the Times tor publica
ton. Without other means OF In.
formation than such articles any
one contemplating the securing
of petroleum products from indie
pendent sources would hesitate 10
take the risk, as the Times ar
ticies imply that the Standard has
secured ell the oil producing
territory and thus practically dried
up ali the independent lines. 10
the April Issue of The Petroleum
Gazette brief reference was made
to the exaggeratiors made by the
Chimes" In an article referring to
the purchases by two of the Stan.
dard's underlying companies, the
South Penn and the Carter OH com.
pany, of some West Virginia pro.
duction and undeveloped leases
from Guffey & Galley and the Bsne-
dunn Bros. company. This Is the
manner In which the Times"
article was introduced:
after negotiations that have
been carried on for period extend
Ing through many years, the STAN
dard Oil Company has finally OBJ
tanned absolute control of the
production of Illuminating oil In
the United States"
Before Offering a little comment
on this unblushing exaggeration,
to designate 1t by no stronger
term, we will present few other
brief extracts from the Times
article. Here is one:
1.-The Standard has been quietly
buying out all of the smaller pro-
ducers In West Virginia and with
the exception of possibly half a
dozen of them, whose combined
production will not exceed 500 bar
rels day, the company has sue.
ceeded In gaining possession Of
practically the entire production Of
the state"
Referring pa rticu1arly to the pur.
chase from Guffey & Galley the
Times" says:
at places the Standard where it
has long wanted to be-in control
of the production of illuminating
OIL"
Of the relation of the purchases
to the independent pipe line sys.
tenn, which has been extended into
West Virginia, 1t says:
GAS a result, the Pure OH com
pany will have most of Its trouble
for nothing"
Though 1t has had opportunity
to do so, the "Times" has not taken
the pains to add any correcting
amendments to that article. On the
contrary. it repeats the substance
of 1t In referring to the report of
the prospective consultations of
the Standards producing and gas
interests-which simply means that
1t will transfer some of Its interests
from one hand(or tentacle)to anoth-
er. Here Is the"Times" introduction
to It's article on this subject:
Following along the lines of the
plan which eliminates In Its secur-
Ing absolute control of the produc.
ton of illuminating OLA was stated
In the Times a short time ago, the
Standard Oil company Is about to
make another move that will to a
still greater extent give 1t the con
troll of the market: The latest
move, which Is said to be already
under way, Is that of placing the
mar agement of all its underlying
companies under one head"
From this 1t will be seen that
while the Standard. accoI ding to
the Times, has secured absolute
control of the production of illumi
mating OIL" 1t Is about to make a
move that will give control ito a
still greater extent" If Its control
Is already absolute" 1t Is evident
that 1t can not be made more so.
This point of Inconsistency must be
apparent even to those of tie Times