The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-03-26
OIL KING SHRINKS;
HADLEY IS FIRM
Archbold Suggests the Missouri
Mountain Go to Timid
MIR. Rockefeller.

!, New York, March 26.-John D. Arch
bold, vice, president of the Standard
Oil company, testifying today at the
hearing in the custer proceedings
brought against the Standard Oil COM
pany, by the state of Missouri, said that
John D. Rockefeller has no desire to
evade any questions. He said that Mr..
Rockefeller knows nothing about the
matters concerned in this suit.
q He dislil1es very much the notoriety
and cartooning,' said Mr.. Archbold.
!. eff Attorney General II 2 ley wants to
60 to Lakewood and que n him, I am
sure he will find him willing to answer
any questions.
witnesses here,' the attorney general
interrupted, only one way.'
Objected to Artists.
Before answering questions, Mr.
Archbold objected to being sketched by
several artists, who were in the room.
81 must protest against the sketch
artists" said Mr.. Archbold pointing to
one or two. "They have acted so in:
decently that must protest for myself
| and the public -
United States Commissioner Frede.
rick D. Sanborn, before whom the hear.
ing was held, asked the artists to desist
| Mr.. Archbold said he is vice presi
dent of the Standard Oil company O.
| New Jersey and owns stock III bot
that company and the Standard Oi
company Of Indiana. He said that N
M. Van Buren, is his son-in-law and i
now in New York. Soon after he stated
| this process-server, who was present
left the room.
John D. in Poor Health.
| Mr.. Archbold said John D. Roekefel
Ter is president of the Standard Oil com
pany, but has taken no active interes
in the business affairs in some years
owing to i'll health. He has an oftic
at 26 Broadway, but is seldom there.
"Who is the active head of the Stand
ard Oil company" asked Attorne
General Hadley. -
-, "There is no master mind In tn
Standard Oil,'' replied Mr.. Archbole
raising his voice. cit is made up o
an aggregation Of individuals, VI
experts IN their respective depari
ments,' he said, "and the term com
mlittee, as applied to the various boards
/ is a misnomer.
H. M. Tilford, Mr.. Archbold thought
is the principal individual in the dc
nestle trades board and has been cor
nected with the Standard Oil compan
since 1875.
| Asked concerning the stock of til
WatersPierce Oil company now in til
name Of Mr.. Van Buren,, Mr.. Archbol
said it was the 1850 shares formerl
held in the names of the Standard O.
trustees.
Wee, Small Trust.
care you familiar with the produt
of oil in this country9' asked Attorne
General Hadley.
~ ann
"What is it?' r..
"The daily production Of crude O.
in the United States is about $4,000
gallons and the Standard Oil produce
about oneseventh.
"And about the refined product9'
The Standard Oil probably sells an
markets about 70 per cent of it, and
"that wherever there is a Standard O.
refinery in the United States, there j
a competition refinery in that sectio,
There is great deal of competitio
in the oil business. The competition
Of course, is greatest in the big oil IT
gion of Pennsylvania.
The witness told Of the Standard O.
interests in the new fields of Kansa
and said that the Standard Oil con
pany did not control the oil situatio
there. There were. number of indt
pendent producers and refneries Their
| Attorney General Hadley asked M
Archbold concerning the men who con
posed the various boards of director
of the Standard Oil companies: inclut
ing Francis D. Carley, Colonel Willia1
T. Thompson, Horace D. Hutchins, I
s.. Cowles and H. M. Tilford.
These men had all been at one tim
or another connected with the Standar
Oil company, principally, howeve
about 1878.