The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1906-12-12

OTOuS atLdCh Oh the great TRUST Indue
public OIL the authority of Attorney
General Moody and tho Department
of Justice. 1t goes beyond the scope
of any previous attack on the great
combination which was built up and
so long headed and directed by the
master inancier, John D. Rockefel-
Ter.
One assertion that is almost over
towering in its significance to the
people in the United States is that
with a total valuation of it's property
of $50, 900, the Standard Oil
Company, from 1882 to 1895, paid
100000 in dividends, and be-
sides created a large surplus. No
statements have been made since
1895, it is averred.
A synopsis of the allegations
against the Standard Oil Company is
as follows:
That the Standard Oil Company Of
New Jersey controls about seventy
corporations.
That the company received rebates
from railroads amounting to ffty-one
and one-half cents per barrel on
crude oil and sixty-four and one-half
cents per barrel on refined oil.
That rebates were paid to the
Standard on products Of the indie
pendents.
That the company controls more
than ninety per cent. of the business
in the United States.
That from 1899 to the present, the
Individual defendants have controlled
the oil business through holding and
controlling interest in the Standard
Oil Company of New Jersey.
That the Standard Oil Company
owns and controls practically all the
pipe lines in the country.
That a contract with the Tidewater
Oil Company gives the Standard Oil
Company control of Lightweight and
one-half per cent. of its business.
That the Pennsylvania Railroad
Company consults with the National
Transport Company on the making
Of transportation. rates.
That the Standard Oil Company
monopolizes the pipe line carrying
business throughout the United
States, except in Texas, Louisiana
and California.
Il udl IuS COupohy hoo -
failed to perform its Gutles as com
mon carriers.
That the Standard Oil pipe lines
have refused to. furnish equal factli-
ties for independents. 80
That they have forced Independent
refners to secure their crude oil from
the Standard. Z
That the pipe line companies raised
prices to crush competitors.
That in 1905 and 1906 many secret
rates given by the railroads to the
Standard Oil Company were discon-
tinued because they were to be made
public.
That secret rates were given by the
New York Central Railroad.
That the railroads of New England
made rates which gave the Standard
a substantial monopoly Of that terri
tory.
That the Standard Oil Company
controls rates of various railroads
through ownership of stock. ,
That individuals on boards OF d.
rectors of railroads cause making of
discriminating rates. y
That the Standard Oil Company
controls the sale Of lubricating oils
to railroads.
That some railroads pay double the
market price for ~lubricating oils.
That the Standard kills off COM
petition by cutting the price.
That railroad employees furnish b
Standard full reports on the. ship
ments of competitors.
That the Standard acted through
bogus Independent companies.
That the Standard has made enor-
| nous and unreasonable profits.
That the territory of. the. United
States has been divided into sections
to be handled by tie various COM
panies.