New-York tribune., 1906-12-19
STANDARDS NEW MOVE
sdsuits Combination IN Missouri, but
Not in Restraint of Trade.

-, entire change Of front from the attitude
&c hitherto taken iE the inquiry being con-
-,as by Attorney General Herbert S Hadley
. Missouri regarding the business of the Stan
- oil Company IN that state. counsel for
=, company yesterday summoned and exam
"a Witnesses at a resumption of the inquiry in
:. state suite AT the Waldorf. Their purpose
-.s 10 show that, although the Waters-Pierce
or company the Republic OH Company OF
obio and the Standard on Company OF Ind
"a were connected with the Standard Oil
rompsny. as has been shown by Mr.. Hadley.
,hst connection was not in restraint OF trade,
,rs that the companies were still doing bust
ness separately
The hearing VII continue this morning, and
rsn probably last through tomorrow. 1t is
,bought possible that the Standard OIL attor-
news may put John D. Rockefeller, John D.
.rchbold and II. Il Rogers on the stand.
7 A MoHett president Of the Standard OF
Company Of Indiana. and Walter c. Teagle. now
connected with the export department Of the
Standard OF and formerly with the Schoield-
shurner- Tesgle company, which sold out TO
he Republic on Company. We're examined by
frank " Hagerman for the Standard Oil Mr.
NoFett said there was an agreement that the
waters Pierce should sell oil in one part of
Missouri and the Standard Oil Company of In
cana In another part out said IL was simply q
question OF q wholesaler and retailer respect
ING each others rights, and was not at al IN
restraint OF trade
Hadley Mr.. Moffett admitted that when he was
y1ce-presidert OF the Standard oil Company of
Indiana, stationed IN Chicago. he made reports
II the business done 10 No. 20 Broa dwaY, TO
whom he did not remember. He had mad com
municaticn with II. N. Tiford, OF No. 26 Broad
vsy. regarding the Indiana business
Asked the Standard oil COMPANY of New
Jersey, Cf which he is a director is q holding
company Tor the Standard Oil Company. Mr..
Mo1ett replied 7 believe So" He was induced
20 admit that 2,150 OF the 1000 shares of the
Waters-Pierce company are owned by NJ y
Van BureE, e sOn-in-law OF John d. Archbold
Mr Mofrert said he had never refused 10 sell OIL
70 any company OF man who could pay for il
OF whose credit he did not doubt
Walter c Teagle told Of the formation IN 1901
q: the Republic on Company. which took over
ne business OF the Schofeld. Shurrner Teagie
Company, OF Cleveland. of which his father was
member. The negotiations were opened with
Alexander Mcdonald. OF the Standard oil Com
rany, by the elder Mr.. Tesgle. Mr.. Hagerman.
70 justify the relation Of conversat ton between
Tssgie and Mr.. Moffett said:
We want 10 prove that the Republic Oil Com
Hsny was nor d piratical company. has been
Gained, but that the organization of the inde-
pendent company was necessary TO retain the
goodwill Of the old Schofeld concern"
The witness is simply going into his personal
-onnec;lon with q bogus company" said the At
rOrney General. Mr.. Teagle said that the en-
rl0yes o. the old concern. with three exceptions
saved with the Republic Oil Company.
in denomination Attorney General Had
~ put the witness, who is q Young man, un-
der hot fire OF questions, but found it hard
70 drag any direct statements from him. He
admitted after some pRrrying that he had dis
cussed the details Of the transfer OF the Scho-
ssd property 10 the Republic Company with
C. L Nichols. Of No. 26 Broadway He admit
isi thar his father negotiated with Alexander
McDOnsld- " NJ Tilford. OF the Standard Oil
Company, and J. A Moffett, Of the Standard
0i Company Of Indiana. The negotiation were
held a. No. 70 Broadway and al the Waldorf.
Among the stockholders IN the new company,
r. said. were George B. Wilson, whom, he be-
ieyei. was employed as a stenOgrap pher at No.
8 Broadway. and q MT Turrell. of the Stand
s-5 on Company. Mr.. Teagle's cross-examina-
Ion viii be resumed to-day.
Attornev General Hadley cross-examined J.
A Mcfert in the middle OF the afternoon and
sr- him 10 admit that there was no competition
be-Eeen the Weters-Pierce Company and the
Standard oil Company of Indiana In Missouri
5CtWeen 1901 and the beginning OF the Attor-
X Generals suit IN 1866.