The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1903-03-01

uhich Broker Camille We.terfsii Is
ne ieafinr spirit TIE United states
steel C0-Dorauo1 Is a hoiiing CON
pany and i-s position IN every point
aeers % have been upheld ~ the
courts 30 far. TIE Metropolitan street
RsEsay c5mpany o. Se~ YORK has
finally beeH lodged 10 a holding CON
pany. TIE property travelling a devious
path 70 fnt iosgment IN the lap o.
one o. these Institutions The iobzc-
CO trust is 10 the sane situatioa. The
Standard oil trust and sugar trust
stand alone. What they have they own
outright and have not yet found Il
necessary u use the machinery of q
holding company.
Among the great combinations
which are awaiting the supreme court
decision In the Northern Securities
case may be named the Southern rail
road merger. a plan Of great scope and
importance. the Gould holding com
pany. which is 70 take In all the Gould
properties east q the Mississippi river;
the Vanderbilt deal. plan Of great
scope. the anthracite coal trust and
the express companies. although there
IL some doubt whether the latter viii
ever range themselves formally IN
der one organized head-thls from mo-
tiyes Of policy. There are many 9th
ers. but those named are among the
most important
There f. a theory held that the de-
lay is due 70 a knowledge that the
composition Of the supreme court was
not favorable to the holding company
idea. Meantime. however the su-
preme court Is In the process Of re-
construction and Il Is By no means
clear that the standing in that body
OF corporations and those who have
plans Of high finance. will be stronger
Ia the future than nov. The retire
ment Of Justice shiras Is popularity
supposed 70 have weakened the cor
poration hold on the supreme court.
Judge Day. who succeeds him. Is
known TO entertain views on some
questions Of importance 10 those re-
sponsible for corporate development
and practical operation. For instance.
be Is on record in many ways as en-
tertainlng the belief that the Sherman
and Interstate commerce laws are ade-
quate TO regulate trusts and corpora
tions and that they need only 10 be
enforced 70 be effective He thinks
those two laws cover everything In the
transportation and corporation field
as applied to modern practice and op-
Grafton. II does not necessarily follow
from this that he will rule against the
holding companies. but it might rea-
sonably be argued that he will end in
the statutes already on the books pro
visions covering the points raised in
the Northern Securities litigation. II
Is Altogether probable that before the
case reaches Washington at least one
more Judge will be appointed to leav-
en- the lump and add to the uncertain
ty Of the outcome.
Mr. John d. Rockefeller is seldom
seen at his office. 26 Broadway. these
days. The executive management Of
the Standard Oil has been left largely
to John ID. Archbold. first Hcepresi-
dent and associated with Mr.. Rookie,
feller almost from the beginning. Mr..
Archbold's closet associate Is Mr.. H.
H. Rogers. who was also in al the
borning of Standard OIL. John ID.
Rockefeller. Jr., is being worked into
an understanding OF the business and
is scheduled to succeed the present
controlling personalities Il is stated
on very good authority that the health
of Mr. Rockefeller. Or. is improving
materially and that he is in a better
condition physically than he was a
g'ai hbbf hhfAhb bhAhNh - pouhun IA
that time 1t is not stated in his be-
half, however. that he Is re.endowed
with the agility Of youth. He is not
practicing hurdle jumping on taking
a mile run before breakfast He still
sticks 10 SKINNED milk and hard
bread as a steady diet and manages
to worry along on that The expert
enco that he has undergone during
the last year or two in the restoring OF
his own health has turned Mr.. Rookie
feller's attention strongly and person
ally to the publication OF science 10
methods and schemes for the prolong
alton OF life and he is planning to de-
vote many millions Of dollars to the
advancement OF medical Investiga-
tions.
Mr. Rockefeller takes a partial leis-