Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-03-27
ON THE STAND
Vice President of Standard Oil Company
Testifes in New York
CONCERN MANAGED BY BOARD OF CONTROL
John ID. Rockefeller is President, but
Takes No Active Part at
Present in Work of
the Company.


NEW YORK, March 26-John ID. Arch-
bold, vice president of the Standard Oil
company, was the principal witness in the
bearing conducted by Attorney General
Hadley Of Missouri before Commissioner
sanborn. In response to Mr.. Hadley's di-
rect question: who is the active head OF
the Standard Oil company" Mr.. Archbold
replied that there was no master mind" in
the Standard Oil, that it consisted of ian
aggregation of individuals"
Mr.. Archbold also volunteered the state
ment that John d. Rockefeller had no de-
sire to evade any questions. that Mr.. Rock
efeller knew nothing about the matters
concerned in the present suit, but that If
Mr.. Hadley wished to go to Lakewood and
question him he would find Mr.. Rockefeller
willing to answer any questions. Mr. Had
ley interrupted. this statement with the re-
mark. There is only one way to examine
Witnesses here. . .-a
Wade Hampton, general auditor OF the
Standard Oil company, testified that he had
on various occasions sent men from his
Office in New York to st. Louis to audit
the accounts of the Waters Pierce OIL COM
pany and that while so employed the men
were on the payroll of the latter company.
The same course was pursued in auditing
the books Of the Standard OIL company in
Indiana.
Rockefeller on Retired List.
Mr. Archbold said that John ID. Rookie
feller is president of the Standard or COM
pany, but has taken no active interest i'm
the business affairs in some years, owing
to Ill health. He has an ONCE at % Broad
way, but is seldom there.
Asked concerning the stock of the
Waters-Pierce OIL company, now I'm the
name OF Mr.. Van Buren,. Mr.. Archbold said
it was the 275O shares formerly held in the
names of the Standard Oil trustees
Are you familiar with the product Of
oil in this country" asked Attorney Gen
eral Hadley
II am"
What is it." ..
The daily production of crude oil in the
United States is about $4,000 gallons. and
the Standard Oil produces about one
seventh"
And about the refined product2'
"'rhe Standard OIL probably sells and
markets about 20 per cent of it. And /
want to add" continued Mr.. Archbold
that wherever there is a Standard Oil re-
! hnery in the United States there is compe-
! tition refinery interests i'm the section.
] There is a great deal OF competition in the
oil business. The competition, OF course,
is greatest in the big oil region of Penn
sylvania.'
| The witness told of the Standard Oil in
! terests in the new fields OF Kansas and
said that the Standard Oil company did not
/ control the oil situation there. There were
a number OF independent producers and re-
/ fne.s there
Whereabouts OF TinsIey.
! Mr. Archbold said that he knew r. f.
! Tiusley and that he is conencted with the
Waters-Pierce oil company, but the wit
ness had never heard him designated as an
agent. nor had he ever heard of Walter
Jennings an agent. The witness be-
! lieved Tinsley left the Waters-Pierce com
pany to go with the Standard OIL company
and now is on his way to Japan.
He left for Spain about the time. or a
| little, after. this suit was instituted last
summer did he not?" asked Mr.. Hadley.
'Mr. Tinsley's departure had nothing to
do with this suit" answered Mr.. Arch
I bald; absolutely nothing"
Il am not suggesting that" rejoined Al,
torney General HRdley; Il am asking wher
he left for Spain"
Il think it was some time last summer
but I don't recall the exact date
Wade Hampton testified I'm the Missouri
custer proceedings today. As general audi
tor Of the Standard OIL company he sem
men from his once to St. Louis to audit
the accounts Of the Waters-P Pierce com,
plny During the time this audit was
being made, he said the men were on IN,
payroll Of the Waters-Pierce company.
Attorney General Hadley asked Mr. Arch
bold concerning the men who composed tn
various boards Of directors OF the standar,
Oil company, including Francis ID. Carley
Colo-cl William Thompson. Horace ID
Hutchins, ID. s. oatless and II. NJ Tilford
These men had all been, al one time or an
Other, connected with the Standard OF
company, principally, however about 1878
! Who composed the original board o
directors OF the Standard oil company un
der the original trust agreement aske,
Mr.. Hadley.
| John d. Rockefeller. Charles Pratt, Wn
liam r. Warden. II. NJ. Brewster, J. A
Bostwick, o, II. Payne and myself"
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