The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1907-08-13

Tor James r. Day OF Syracuse,
but neither can the administra-
ton boast OF political absoution. but
the Standard OIL has nothing TO hide,
and who shall say the same of any
contemporary political man OF success?'
The chancelior's close relation of
many years standing with Mr.. Arch
bold, vice president OF the Standard OIL.
and his avowed opposition TO the pres
ent administrative policies OF federal
interference" as he describes them.
gives his version OF the concentrated
attack upon Standard oil a BACKGROUND
that lights up and Eliminates the
dullest hours of the trusts. If the
chancellor cannot exactly see the dawn.
he believes in IT, for he sees in the
personal dignity of the judges OF the
supreme court OF the United States a
ray of legal light that the president
cannot hide, he says, with his mighty
presence.
THE Standard oil should make a
statement. If IT can, to refute the adj
verse decision OF Judge Lands in Chi
cago," said the New York Times repre-
sentative. voicing the popular demand
that the administration has pressed so
vigorously.
THE Standard Oil has nothing to
hide, said the chancellor. and 1 think
1T would perhaps be a good plan If
they would talk frankly A report
could be given to the great newspapers
of the country that would represent
their position. But, I imagine they are
human beings, and they feel incensed
and sensitive of so much misrepresen-
tation, much organized antagonism
of their personal motives.
There IS such a thing as history in
this turnabout world, however and in
] that document OF proportionate record
Il seems to me, the present administra-
, ton will find itself ultimately very
much embarrassed by its own political
skill.
Government Statisfician Incompetent
1.-THE report of Knox Smith, which
, has been substantially revealed to bs
inaccurate, in which the government
statistician proved himself TO be mar
, incapable of interpreting his intention
: in statistical FORM appears now in 1t!
J true light. as merely a campaign doc
ument of the administrations to inhu
ence that vast jury of voters-the PEG
, pie.
This government statistician sup
plemented his first report with a sec
ond, one oddly enough issued after tn,
verdict of Judge lands in Chicago.
, Gould it be that the administration
/ expecting a public suspicion of the yer
1 diet that decided upon fine. twenty
t nine times greater than the capitalize.
ton of the company sued intended Il
, forestall this impression by throwing
a shower Of figures in their blinking
. eyes that would distract their attention
| Io -
Mr.. Loeb now comes out in state
ment. inspired. OF course. by his dis
, tinguished employer. that this secon,
report OF the hired statistician wa
t really made six days before the Landi
| decision.
] IF so. what were the newspaper
: doing during all those six intervening
: days between the time that the repor
was completed and its subsequent pub
lication? There are significant lapse
!, in the conduct of the administrator
l toward the Standard OIL corporation
! that are not applicable in law.
3 THE Standard Oil offense is that
? operates as a trust? asked the re
porter.
. There are more important trusts +
the world. even in this country TIL
steel trust, for instance, and I fame
there is much ground for administra
tive reform in the tobacco trust an
: the sugar trust. The presidents Low
= Of big game is not sustained in his as
sault upon Standard Oil, but the mos
: charitable view to take is merely this
i that the political issues of the countr
8 are very much at stake just now, wit
our presidential election approaching
e and the Standard OIL IS useful to tn
h spectacular politician as the horizonta
n bar serves the performing athlete
q Mr. Roosevelt uses 1t to grow stron
ger on, and Mr.. Bryan will use it in hi
own way, but differently"
0 But why has the administrator
, singled out the Standard Oilr"
It There was once upon a time a Hep
g burn BILL" said the chancellor. dryly
q land the Standard oil men opposed
u vigorously, even daring TO criticise tn
4 fallibility of the Roosevelt wisdom
y and that has never been forgotten
+ because it was well done, perhaps"
n You think Mr.. Roosevelt has per
sonal animus that influences his con
duct against Standard oiI?"
= If I were a Standard Oil directo
perhaps I could answer that, bu
speaking as one OF the oppressed citi
: zens of a despotic era in this countr,
y I should say it was more than posi-
= bic. I sometimes wonder II I ought I
p own fifty acres of land. as I do here
70 Lake Placid. Wouldn't it be better
n kept fifty feet and divided the rest u
e among the needy and the political?
% "Stin, If as the Standard Oil, you ha
d $40. 600. DOOR" the chancellor was aske
\ That figure is the assumed cap
- talization OF the Standard OIL" said II
chancellor TT is really nine or te
times more than that.
u The Standard Oil is undercapita
y lied.
When the people are told that tn
" capitalization pays forty per cent, the
naturally say this is an exorbital
d. profit for us to pay on petroleum.
~ would be, If 1t We're true.
THE facts are that the Standard c
plants, It's ships, its enormous exped
IL