The Rich Hill tribune. (Rich Hill, Mo.) 1903-1911, 1906-11-22
The War On the STANDARD.

The VA on the Standard.
St. Louis.-Pctition fled In United
States circuit court asking for disso-
luton of Standard Oil trust and per
petual Injunction restraining 20 con
%stituent companies from working with
or paying dividends to parent com
pany.
New York-standard OIL shares
dropped IS points. making net loss Of
$50 points since RoOseyelts war on
the trust began; total depreciation in
stock since president opened crusade,
$4,000. 600: this Notwithstanding
quarterly dividends Of $40 per share.
Fndlay. O.-Prosecuting attorney
directed BY Attorney General Ellis to
keep grand jury in session; all Stand
ard oil officials mas be indicted: Of
nclals Of STANDARD oil company Of
Ohio indicted agreed to surrender.
st. Louis. Aio.-The suit 10 break
up the Standard oil trust has been
filed In the United States circuit court
here. The petition asks:
That the court decree that the com
binauon and conspiracy are unlawful
under the sherman antitrust act
That the Standard oil company be
enioined. restrained and prohibited
from exercising any control over its
allied corporations. or any OF them,
by the election or appointment OF di-
rectors OF officers, or In any other
amer.
That the subsidiary corporations be
enjoined from declaring or paying any
dividends 10 the Standard OIL com
pany Of New Jersey.
That the defendants, and each and
ali OF them. be enjoined from entering
into any contract. the purpose or ef-
feet OF which Is TO restrain commerce
in petroleum and its products or to
-monopolize the same.
The petition contains l94 pages OF
printed matter. or about 100000
words. and an additional 81 pages Of
exhibits. consisting Of bylaws and
minutes OF Standard oil meetings and
organizations. and a map showing the
retail prices OF oil in every state and
territory 81 the union.
What the Petition Alleges.
II S. alleged in the petition that
John ID. Rockefeller and his associ
ates. the other individual defendants
formed o. conspiracy 20 monopolize
the commerce in petroleum and its
products az an early ~date-ahout tho
year lS7C-and that the same iudivid
uals have controlled the combination
during an these years. iu an IT'S forms
and now control g. II was. therefore
deemed wise 20 state Ia the petition
tbs complete history and growth Of
this conspiracy.
History o. the Conspiracy.
The petition Is logically divided intC
,hree periods. During the first on,
OF these periodic. from 1870 to 1852
the combination assumed the form o
a simple consplracy-that IS 20 say
the defendants. with the Standard Oi
company Of Ohio. acted together 4
suppress competition and control in,
oil business
During the second period. from ISIS.
TO 1899. she combination assumed "a,
form Of a trust agreement. whereby
about 80 separate corporations en-
gagged IN the same business, turno,
over tho management of their bust
ness TO aino trustees. OF which thoH'
individual defendants we've the major
icy. 20 that those defendants con
tro!led al % these corporations
la March. 1899, the supreme cour
OF Ohio declared this trust ogreemen
void and ordered its dissolution
wHkaHaHA. "a. nH.n.h- wH HNUH Al.
trust certificate holders met In New
ork and resolved 10 dissolve the uus
and appointed John D. Bockcfollol
Henry A. Flaglor. William Rockefel
Ter. John d. Archbald. Bcniamlr
Brewster Henry H. Rogers. Weslo.
H. Tiilord and O. b. jennings a
%liquidating Uustees-the individual
defendants being a majority OF thes
trustees,
The amer Of liquidation was no
TO sell the pToperty and divide IA
proceeds among the certificate hold
ers, nor To return TO each person IN
diyidualiy tho property placed In th
trust. but an OF the stocks in eac'
Of the companies were divided Int
portions ina proportion to the humble
OF trust certificate shares outstanding
so that Rockefeller and his associate
continued 20 control an these eorpol
atoms as before.
Birth % the Present Trust.
The petition then takes up the thir
period OF the conspiracy, beginning
with the formation Of the presen
trust
In order 10 accomplish this. IN Jan
nnru 400 H. lnrrna.nH Ihn nlnrI