Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1906-05-05
The Presidents McSsauo.

The Senate and House of Repre- nta-
tves:
| transmit herewith a report or tn"
commissioner Of tn" bureau nf corpora
tons III IN" department of ro'rnrrC" ana
labor on the subject OF transportation
and freight rates in connection with th,
oil industry. The investigation. the re-
suits of part Of which arc SuminsiL zrd in
this report. WIS undertaken in accordance
With House resolution i9h passed Feb.
T., 1903. hut for the r".'S"n, SiVc'i III Ia"
report IT has been r',' general and IN
tcnSiV" than was called for in tho rcsulu-
ton itself.
| can your especial attention 10 tn"
letter e tramSmitt;u accompanying and
summarizing the report: FOR tllC report is
rf cITital Importance IN view OF the tf
fnrl now beng mad" t. seem" such en-
ldrG"'n,nt Of the powers Of the inter
stat" commerce" commission ;IS will con
measure adequately to meet TIC clearly
demonstrated needs ri the situation. Tn
Facts Set forth in this report are fer tile
NEST part not disputed. 1t is only the in
fcrCuC"S from them that are disputed
AMI oven n this respect tn" dispute iS
rr?ct caliv llEIit.d to TIL" question as tn
whether tn" transactions ere or are not
technically legal. The report shows that
tn" Standard oil Company has benefited
enormously ~ almost to the present mo
mcut by secret rates, many OF thcS, So
crrt rates being clearly unlawful. This
benefit amounts to at least thrcc-uuar
t"IS "f y million . year. This three ri
quarters hI ~ nIIIihn re 1ltS'''llS Ill''
profit that the STANDARD OIL Company oh
( aims ut IT," expense Of tn" r3ilr"HdS: hut
Of cnlirS" tho ultimIt" result is that it
obtains = much larger profit AZ III" cN-
suit W tl" my Sticaticn has b"cn that
shortly after H." discovery Of th"s" Sc
cr"t rates 10y til" commissioner at c0rI'or-
atinnS. the major portion Of them wcr"
promptly corrected Nv the raiir Dads. 50
HAT most Of them have now hc"u done
away with This Immediate c"lrcrt tnn.
Secret rates II nf course on the one band
an ncknuWl, :iGmCut tl'lt they Wrr'
wrong. ana vet No"r p"rS"V"r"h il until
cxrns"d: aud ~ III" other hand = proof
nf the efficiency AZ tn" work that has
been done by tie iHIr"'u at corporations.
7 IL departing M nf iu.tirr VIII tux" IN
{ he question Of inStitutuG proS"cut :onS
in Mt least certain 81 IN" cases. But 4 is
mes desirable Ia enact into Inv I'll" iii
introduced hN Senator Knox tn correct
the int rpr"tatiCu of the immunity pro
vision rendered in Judge Humphreys de
riSinn TIL, halds al III government
have been greatly strengthened in 50. tIr-
ing "ncCtiV" remedy ~ the recent
decision Of the supreme court IN lhc cas-"
instituted hN Tho government against u"
tobacco trust which d. "iSinn permits tn"
government to examine the book ana
records Of any corporation engaged IN In
t"r~t 'tc commerce.; ANA by tho recent
conviction and oUuiSllru"nt If tn" thica-
% Hu,iiu"tcn K Quincy Railroad and
certain Of its officers
t II. a" t,ti tr ~. Tvs
ift"S. '"hhh "i' ~ ''I IiS ~ ~ ~
i hn "Irr" lining nnE"m ,I n,r IN ~
"mICul '4n,al,,T' w. - NJ ~
ii' l'i'. ','o u It'll .,,, i; --,,
nf"n,'r'S ~, ~ 800 Nv ;i. ~"
llennnn liz h r., t'.,' il t,'~r
M tI,t St3ndar,r iii i, ;,iy,Iuta ;;Iomnnn-
l.tic control Of thr field. enabling it to
ch:rrp from three To four hundred
thousand dollars H year Nor" /" I'll" COIL
smr,, ~ nr Ill IL Nv Eu-Iaud than ilcv
,,It I,,.n bnI IA NOV h,d mo uricc
,'.,iI i,c'., tI,,t nbtajnip. in tie ,ornrcti-