The Nevada County picayune., 1906-11-23
The War on the Standard.

The War on the Stanoard.
 gs Louis-PetItion filed In United States circuit court asking for dlsso- Eut1cn of Standard Oil trust and per yetoa' injunction restraining 70 con- stSsEeal companies from working with or paying dividends to parent com pauy.
 New York-Standard Oil shares sroSped 15 points, making net loss of $50 points since Roosevelt's war on tho tTust began; total depreciation in sicsA since president opened crusade. sg.eoo, 900; this notwithstanding evaylerly dividends of $10 per share.
 FSadlay, O-Prosecuung attorney Airscted by Attorney General Ellis to keep grand jury ln session; all Stand ard OA officials may be indicted; of fcsafs of Standard Oil company of Ohio indicted agreed to surrender
 ST Louis, Mo.-Ihe suit to break ID the Standard oil trust has been filed in the United States circuit court Asre The petition asks:
 That the court decree that the cGrn- 1faxison and conspiracy are unlawful under the Sherman antitrust act.
 That the Standard oil company be sn5o&Bed, restrained and prohibited from exercising any control over Its allied corporations, or any of them, By the election or appointment of di- recsors or officers, or in any other manner.
 That the subsidiary corporations be enjoined from declaring or paying any dividends to the Standard Oil com cxny of New Jersey.
 That the defendants. and each and ssi of them. be enjoined from entering into any contract, the purpose or eff Secl of which Is to restrain commerce sn petroleum and its products or to nonopolize the same.
 The petition contains 194 pages of printed matter, or about 100000 words. and an additional S4 pages of exfieits, consisting of bylaws and kIiRztes of Standard Oil meetings and organisations. and map showing the re4an prices of oil in every state and tsrrftory of the union.
 What the Petition Alleges.
 n fs alleged in the petition that 5okn D. Rockefeller and his associ- ates. the other individual defendants, formed conspiracy to monopolize the commerce in petroleum and it's products at an early date-about the year fS70-and that the same individ- Gals have controlled the combination during all these years, in all it's forms, apG now control it. It was, therefore, deemed wise to state in the petition shs complete history and growth of this conspiracy.
 History Of the Conspiracy.
 The petition is logically divided into thTes periods. During the first one of these periods, from 1870 to 1882. ths combination assumed the form of . simple spiracy-that is to say, aae defendants, with the Standard Oil company oi Ohio. acted together to suppress competition and control the oil business.
 Doying the second period, from 1882 tc 1899, the combination assumed the soITn of trust agreement, whereby about 40 separate corporations en- gagged in the same business, turned oyes the management of their busi- ness 10 nine trustees, of which these Individual defendants were the ma ior- tty. so that these defendants cen ssplsed all of these corporations.
 in March, 1892. the supreme court os Ohio declared this trust agreement soie and ordered its dissolution,
 Thereupon, on March 21, 1892, the trust certificate holders met in New c.x and resolved to dissolve the trust and appointed John D. Rockefeller, Hcnry M Flagler. William Rockefel- lss, John b Archbold. Benjamin Brewster, Henry H. Rogers, Wesley E Tnford and O. B. Jennings as Eaadating trustees-t individual defendants being a majority of these trustees.
 The manner of liquidation was not sp Een the property and divide the proceeds among the certificate hold CTS. nor 10 return to each person in- ksrioually the property placed in the ernst. but all of the stocks in each cs the companies were divided into portions in proportion 10 the number ed trust certificate shares outstanding. so that Rockefeller and his associates costfnaed 10 control all these corpor- Aisons as before.
 Birth Of the Present Trust.
 The petition then takes up the third period of the conspiracy, beginning ~fth the formation of the present trust
 s0 order 10 accomplish this, in Jan SAFy, 1899, they increased the stock