Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-11-15
DISSOLUTION OF
STANDARD OIL
TRUST WANTED
Continued from First Page.)

Continued from First Page.)
is to say, the defendants, with the Standard
Oil Company of Ohio, which they organized,
| purchased and obtained interests in by
| stock ownership and otherwise and entered
into agreements with various persons, firms,
| corporations and limited partnerships en-
gagged in the same business, whereby they
acted together to suppress competition and
| control the OIL business
During the second period to wit, from 1882
| to 1899. the combination and conspiracy
/; assumed the form OF a trust agreement
| whereby about forty separate corporations
and limited partnerships, engaged in the
same business, turned over the management
of their said business to nine trustees, Of
! which these individual defendants were the
| majority, so that these defendants con-
troled all of these corporations and lin
tied partnerships, and thereby eliminated
| the competition between the same. Such
trust agreement having been declared Illegal
| by the Supreme Court of Ohio in 1892, the
| trustees passed a resolution diSSolving the
| trust, but nevertheless continued to man
age all of the said corporations and limited
| partnerships in the same manner until 1899
at which time, being compelled to abandon
the trust agreement, they placed all of the
stock of these corporations and limited
partnerships, which had been previously
! controlled by the trustees, into the Standard
Oil Company of New Jersey as holding
\ corporation.
And since 1899 the Standard Oil Company
| of New Jersey has controlled all the various
| corporations, purchased the stocks of other
corporations. and organized new corpora
! tons, until it now has in said combination
| about seventy corporations.
Relief Demandd.
The United States prays that the court
adjudge and decree that the combination
and conspiracy are unlawful under the
| Sherman antitrust act, and that the court
| fHat
! control over said various defendant cor
porations by the Individual defendants in
said conspiracy and by the Standard Oil
Company of New Jersey, the holding cor
poration, is in violation of the act of Con-
gress, unlawful, and void; and that the
| Standard Oil Company he enjolned, re-
| strained and prohibited from exercising
| any control over the corporations involved,
| or any of them, by the election or appoint
ment of directors. officers, agents or serv-
| ants, or in any other manner; and that the
! subsidiary corporations be enjoined and
| prohibited from declaring or paying any
| dividends to the Standard Oil Company or
to any person or corporation for the stand
ard Oil Company; and that the defendants,
| and each and all of them, their respective
| directors, officers, agents and servants. be
4 enjoined from entering into or taking part
| in or performing any contract combination
| or conspiracy, the purpose or effect OF
| which is to restrain the trade or commerce
| IN petroleum and its products, or to
| monopoize the same in violation of the
| Sherman act, either by placing the con-
| troll of the corporations in the hands of
| any other corporation or person, or agree
| ing or contracting together or with one an
| Their with respect to the control of the corr
| porations, agreeing or contracting to-
| gether in respect to the purchase, ship
! menf transportation, manufacture, sale
| and distribution of petroleum and Its
| products.
Allegations Of the Bill.
1t is alleged that the defendants, through
the Standard OIL Company and the other
| corporations, are engaged in producing,
purchasing and transporting petroleum In
the various producing districts in the
United States, principally situated m New
York, Pennsylvania, West Virginia, Ten
| nessee, Kentucky, Ohio Indiana ILL.,
| Louisiana, Texas, Colorado and California:
| that they are engaged in shipping and
| transporting the said oil through pipe lines,
| owned and controlled by said companies
| from the various oil-producing districts to
| the various refineries. principally situated
! in and about New York harbor, Olean and
Rochester. N. Y; Philadelphia, Franklin
| and Pittsburg. Pa: Lima ana Cleveland,
| Ohio; Whiting, Ind; Sugar Creek, Mo-;
| Neodesha, Kan; Point Richmond, CAL:
Beaumont and Corsicana. Tex. and other
| places; and also engaged in shipping the
| said oil into all the states and territories
| of the United States and into foreign coun-
| tries and selling and disposing of the same
| That they own and control nearly all of
| the pipe lines Of the states mentioned and
| other pipe lines extending from Kansas to
| the seaboard; also pipe lines in Texas and
| In California; that they own a large num-
, Der Of tank cars and steamships engaged
! in transporting Oil; and that the defendants
have, through the fundamentally of the
| Standard Oil Company of New Jersey, elm
| mated competition between all Of the sep
| arate corporations and monopolized the
Il IL to- ~ t1l
The petition alleges that in addition to
| the combination and control of all Of said
corporations in said trust and in said
| Standard Oil Company Of New Jersey, and
| for the purpose of making the combination
more effective, and a means of restrain
| ing trade and commerce and mononolizing
| 1t, the defendants have resorted to certain
measures and practices.
In Restraint Of Trade.
The bill specifies various contracts with
competing concerns by which competition
| has been eliminated. among others a con-
tract between the Standard Oil Company
and the Tidewater Pipe Company and the
Tidewater Oil Company. whereby the Tide
water companies are limited to liz per
cent of certain business in Pennsylvania
and New York, and the Standard Oil Com
pany is to receive ssh per cent of the bust
ness. the Standard Oil Company guaran-
teeing the Tidewater company 100000 per
petition between them. This last contract
was made in 1888.
The bill alleges a contract made with the
Pennsylvania Railroad Company in 1884,
which was in existence in 1906, in which
it was agreed that the rates for the trans
portation of oil should be fixed by the rail-
road company, with the advice and concur
renee of the National Transit Company
| Zone of the Standard Oil companies), there
| by comforting upon the transit company
| the power to maintain high railroad rates,
so as to prevent competitors from shipping
crude Oil in competition with the Standard
Oil's pipe lines. 1t was also agreed that the
! railroad company should have 20 per cent
| of the petroleum, both crude and refined, to
carry from western Pennsylvania to the
| seaboard; and, in substance. that the tran
| sit company would pipe the Oil instead of
/ the Pennsylvania railroad carrying 1t, and
| pay the Pennsylvania four-ffths of the
| rate, or about 80 cents a barrel. the transit
| company doing the work for about cents
! a barrel: and that, through this arrange
ment the charges for transporting crude oil
| from western Pennsylvania have been for
years maintained at 40 and As cents a bar
| rel to Philadelphia and New York, respect
| lively, both by pipe line and by rail; thereby
eliminating the competition of Independent