Gilpin observer., 1906-11-22

natory against the competitors OF the
Standard Oil company, both in open
and published tariffs and by and
through secret and unpublished rates,
both interstate and intrastate, and by
rebates, concessions, and preferences
granted to the Standard Oil company
and Its subsidiary corporations.
The bill goes into the details OF
many of these rates, and shows sys-
tematic discrimination, substantially
all over the United States, SO that
rates from Standard shipping points
are much lower, for the same distance
proportionately and per ton per mile,
than from shipping points of inde-
pendent competing concerns. These
differences in most instances amount
to more than a reasonable profit upon
the oil.
Some Sample Determinations.
The regular published rate from
Whiting, Ind, to Evansville, Ind,
through Illinois, for instance, was IL
cents per hundred pounds. Most of
the oil shipped by the Standard COM
pany was shipped at 81 cents and
cents per hundred pounds. The
Standard had rate from Whiting
Ind. to Grand Junction. Tenn, of 13
cents per hundred pounds and large
Quantities of oil were distributed from
Grand Junction all over this southern
territory on secret rates which never
were published, as required by law,
or filed with the interstate commerce
commission.
The petition alleges that Sfor about
ten years prior to 1906 secret and I'M
| published rates were made from
Whiting, Ind, to East st. Louis, of 6,
6A and 6k cents on the various rail-
roads, which oil was destined to st.
Louis and to a large territory south
and southwest of those points, while
the regular published rate was 18
cents per hundred pounds.
| How They Control Railroads.
1t is alleged that the individual de-
PENDANTS and other individuals associa-
| ted with them and interested with
them in the Standard Oil trust have
acquired large interests in the stocks
of the principal railroads of the
United States and have caused them
selves to be elected or have caused
other persons acting in their interest
to be elected as members of the boards
of directors of such railroads. BY rea-
son of such ownership and representa-
| tion on the boards of directors OF
such railroads the individual defend
| ants have Influenced the railroads to
establish and maintain the discrimina-
tory rates.
| At,Nn t1,r I. -, ;o1, H.,
defendants are interested and upon
the boards of directors of which they
have representation together with
the names of directors) are tie fol-
lowing:
William Rockefeller - Central New
| England; Chicago, Milwaukee & st.
| Paul; Delaware, Lackawanna and
| Western; Lake Shore and Michigan
Southern: Michigan Central; New
York Central; New York, Chicago
and st. Louis; New York, New
Haven and Hartford; New York,
Ontario and Western: New York
and Ottawa; Pittsburg and Lake
Erie; Rutland
Henry II. Roaers-Santa Fe. Chicago,
Milwaukee and st. Paul; Union
| Pacific.
Charles M. Pratt-Boston and Maine,
| Evansville and Terre Haute; Long
Island.
Henry NJ. Flag!er-Florida Eas. Coast.
Jotn D. Rockefeller, Jr.-D, laware,
Lackawanna and Western; ,iissouri
! Pacific.
! William G. Rockefeller-Union Pacific.
Il. Clay Pierce-Kansas City mthern,
ST. Louis and San Francisco
c. w. Harkness-Chicago, Mi waukee
! and ST. Paul.
sin Central.
The petition then recites ths Stand
! l7d trusts monopoly of the sale of
! lubricating oils to railroads its unfair
methods of competition in III, cutting
OF LEGAL prices. the formation Of bogus
. independent companies, the payment
/ Of rebates on oil prices, and the divis-
ion Of territory.
Tells Of stupendous Profits.
/ 1t is alleged that by reason of its
monoroly the Standard Oil company
/ has made enormous ald unreasonable
profits on the actual value of its prop
/ erty: that the trustees valuation or
all the property and stocks placed il
their hands in 1882 was S55, 710. .69S.24
The additional property purchased or
. acquired by the issue Of trust certifi-
Gates was sl3.3l0.l00, so that the total
value of all property controlled by the
| standard OIL company Of New Jersey,
except such as may have been pur-
chased from earnings, is So? O20. 1924.
according To their own valuation.
/ Upon this capital the Gtandard has
/ from 1882 to 1895. inclusive. paid
/ s5l2.9i0 .0S4.5O of dividends, ard has