The Cairo bulletin. (Cairo, Ill.) 1???-1928, 1907-08-18
STANDARD OIL.
IN ROUMAN|A
GETS UPPERHAND OF GERMAN
OIL INTERESTS DESPITE
KAiSER'S AID.
CONTROL so PER CENT
OF Oil ntereste-Europea OIL Men
Fight Deal and Lose Heavily
Fight Was Costly.

sudden, SO cOmplet3 tAdt l0iltlcd
men cf Roumania were astoni5hci
when they heard Of it,
The party press of the various po
litical parties seems to be unable e
say anything On the subject. STANDARD
Oil has taken the country by sur
prise The large Rcumanian petrol
eum and oil concerns do net deny
that they are now practically undea
the sole control Of Rockefeller's rem
resentatiyes.
The victory Of Standard Oil Is COZ.
sidered SO much the greater since
King Charles was known TO side with
the German Interests as against the
American oil trust.
kng Opposed CompanJ
The fight for the Roumania1 oil
lands BY the Standard oil CO.. beea !
several years ago Peter Carp who
was at the time premier was the
first one to take up the matter with
the representative Of John d. Roche
faIcr a Mr. Porter 1t is said how
ever that King Charles was iaal
nnced BY the Kaiser against STANDARD
Oil aud fer the German interests. TIE
negotiations with the American cil
men were dropped and Eurcpaaa
fnanciers profting by the fight made
In Bopmania against the Americlns,
invested in addition to German can
ital, Hungarian, French, Austrian and
Dutch capital,
Standard oil representatives in
Etrope, however, discouraged balk
els from Investing money in Rouman-
ian oil fields. In order to influence
the European financiers and to in.
jure German oil men, who were Mt the,
time the yictors as far as Roumanlln
Oh fields were concerned, the Stand
ard Oil Co.. lowered the price cf oil
all over Germany. The price was
such that the concerns controlling the
oil in Roumania and importing it -,
Germany could not sell it for the low
price at which Standard Oil was be
ing sold.
Banks Feared Standard.
On the other hand the STANDARD
Oil representatives in Germany and
other European countries pointed cut
to the great banking houses the fact
that any opposition to the Standard
oil naturally cost them thousands !
and thousands of dollars and that If |
On the contrary they would help
Standard Oil in its fight all concerned
would be the gamers. The result was
hat Deutsch Bank and Disconto, two
If the most important banking estab
.shments in Europe, We're won over
q the side of the Americans. The
Standard Gil Co., also formed a trus.,
with the European Perto-
cum Union, which had been estab
ished in Berlin about year ago
{ is said that this body was organ
zed by representatives of the Stand
lrd Oil company.
When the union was formed, year
lgo, it was supposed to have as its
main purpose the fight against the
americans. It ended, however, by
lniting with them and helping them
win the victory in RoumaNa against
German interests
BY the present arrangements the
Standard Oil company will control
lbout so per cent of the oil which was
in German hands.
Oil Men Admit Deal.
A press representative interviewed
everal prominent persons on the
question and here are some OF the
esults. Mr.. Spies. the manager of
he greatest Roumanian oil eX
,lciting concern. the Steaua Romaniei
who was at one time one of the
reatest opponents of the Americans,
aid:
1T is true. We have allied our
elf with the American oil men. I
10 net know yet all the conditions
}ut know we could not continue the
ight against them Business and sen.
iment are two different things. No
me can afford to be sentimental inl
business
A director OF the Bonca Generals.
somana. which finances oil men said:
It is possible that a trust was form /
II. that a combination Of American
III interests with Roumanian oil IN
erests is now in existence. But IT
las nothing to do with polictics.
10 not know all the details. ] will /
leither deny nor affirm that we a.
,ank are part Of the combine. Our {
General manager Of oil affairs ca1
ive yen mere precise information Is
Was q Costly Fight.
Mr.. Schlawe. the general manager I
fthe Brshtenari OH Co. said
About two months have been pass