The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1902-01-15

age of the capital stock" of the Stand
ard Oil trust of 1892.
The highest court of Texas forfeited
The right of the Waters Pierce oil COM
pany, the then local name Of The Stand
ard oil company of the southwest 10
10 business i'm Texas, and that decision
was affirmed by the United States su-
preme court. The Texas agents of the
company were arrested. and they ap-
pealcl in vain 10 the supreme court at
Washington for relief one would
think that all this would have put an
end To that mighty corporation. as far
ls Texas was concerned. but new
Standard OIL company was organized
under the laws of Texas and is doing
business In that state. and IL is well
Snown that the Standard oil interests
are most powerful In the newly dscov-
cred Texas oiliields.
In Illinois great victory (0 was
won for the people in the decree abol.
lshing the whisky trust. \ new com
pany was Immediately formed to take
rs place, and. | believe. by the very
men VINO brought about the proceed
ings which resulted I'm its dissolution,
and the present whisky trust Is much
more powerful institution than the old
one was.
Quite recently corporate interests
were driven into n cold perspiratlon by
the sensational opinion OF the supreme
court OF Illinois against the glucose
trust. corporation. because of the fear
that no combination. under whatever
form, could thereafter do business In
that state. and yet even the glucose
trust seems TO be running along as well
MS ever. and every other trust I'm Amer
lea Is doing business In Illinois without
n particle OF real friction.
The supreme court OF the United
| States unsettled the market for a
few days by deciding In the transmits
souri, Freight association case that an
agreement between interstate railroads
| for making rates contravened the fed
eral law known as the Sherman act.
and yet such agreements are in effect
today TO n greater extent than ever
before.
These cases are only samples. The
| highest courts OF nearly every state In
the Union have rendered opinions
against trusts and combinations in Ian
gunge that was eloquent of the wrongs
of the people. and in almost every in
stance the decision was adverse to the
combination. The federal courts have
shown them no friendllness. The su-
preme court at Washington has been
unsparing of them. But whether the
case was In the state or federal court,
there has always been the same net
result-nothing.
In every instance the real result at
tained In the end mot the nominal re-
suit, but the tangible result has been
very much like the finding" of the ln-
diana justice of the peace In favor OF
n widow who sued a bank. After tho
justice had wiped away the tears in
splred by the powerful appeal OF the
widows lawyer, he said. THE judg-
ment must be for the bank, but the
record OF the court will show that the
plaintiff has the sympathy OF the
court" In the cases OF trusts and cor
porations controlling combinations tho
courts have always shown their sym
pathy for the people" by rendering de-
crees against the trusts and combina-
tlons, but these DEGREES have uniformly
turned out TO be impossible OF genuine
enforcement.
Therefore. II experience is TO be our
guide. It would seem that the objects
sought TO be accomplished by the
Northern Securities company will be
attained-in one form or another.