Bryan morning eagle. [volume] (Bryan, Tex.) 1898-1909, 1906-11-16
sur iNsTiruvEp.
Attorney AsssrsI Moody Begins Action
AsaInst the stansard.

| A04t00< tUo otAbTefu.
Washington. Nov. f5.-Attorney Gen.
eral Moody. acting through the resi-
dent United States district attorney.
has instituted proceedings against tho
Standard OF Company OF New Jersey
under the Sherman antitrust act by
ding in the United States court at 81.
Louis a petition in equity against II
and its seventy constituent corpora
tions and partnerships and seven indi.
yidual defendants. asking that alleged
combination be declared unlawful and
In future enjoined from enterins into
any contract or combination In re-
straint OF trade. etc.
The statement prepared and made
public by Attorney General Moody In
part says: Information available 10
the department tends 10 show various
corporations OF limited partnerships
under control In the manner herein
after stated the Standard oil Company
OF New Jersey TO produce. transport
and sell about 80 per cent OF refined oil
produced. transported and sold In the
limited States for domestic use and
about same proportion OF refined oil
exported from United States. That
this share OF business has been pro-
cured by a course Of action. which. be-
ginning In 1870. continued under direc'
ton OF same persons In the main down
10 the present time: that these persons
now surviving are John d. Rockefeller.
william Rockefeller. Henry II. Rog'
ers. Henry NJ Fiagler. John ID. Arch
sold. Oliver II. Payne and Charles N.
Pratt: that the design throughout OF
the persons having control Of this en-
terprise has been To suppress competi'
ton In production. transportation and
sale OF refined oil and obtain as Tar
as possIble monopoly therein: that In
dIlydual defendants In 1899 increased
the stock OF the Standard OIL Company
OF New Jersey from siO0OO,OOO 70
,ifO. 900 900. said company then pro
duclng selling and transporting. and
they added 90 the corporate powers by
purchasing stock OF other companies
and practically all powers exercised
bv trustees under these unlawful trust
agreements Of 1882; that the purpose
and effect Is 20 use the Standard OH
company precisely the same as the
purpose and enetc of appointment OF
trustees. viz. 20 suppress competition
between corporations and limited part
nershlps: that by foregoing methods,
AIDED BY the establishment OF railroad
rates for transportation which discrim'
mated In favor OF corporations whose
stock Is held by the holding company;
TIA, the'company having been enabled
20 obtain. In large sections OF the coun'
try. A monopoly OF the sale OF refined
oil with the result that prices TO con
sumers within the territory where the
monopoly prevails are very much high
q than within territory where compe
,ition. 10 some extent still exists.
n Il believed these fscts. together
With Others contained In the report OF
special counsel. justify and required
seton By the United States In the
courts Accordingly. petition In equl'
~ under provisions OF the sherman
AZ. has this day been nled against the
Standard or Company OF New Jersey
.nt seventy other corporations and
limited partnerships and seven indi'
vfsuai defendants before named In the
urh,h judicial circuit at St LouiS
No. 10 have said sombination ad.
tsdxed and decreed 20 be unlawful. and
soiting and control by the Standard
on Company OF New Jersey stocks OF
s.venty corporations be declared I'M
lawful. and said corporations be pro
hlei,sd rom declaring or paying any
dividends 90 the Standard OIL Com.
pany Of New Jersey and be enjolned
from entsrjng into or performing any
contract OF combination In restraint OF
trade and commerce or In monoponre
trade IN future.