Albuquerque citizen. [volume] (Albuquerque, N.M.) 1907-1909, 1907-09-18
IMMENSE EARNINGS
OF OIL COMBINE
Illness of H. II. Rogers Proves to
Be Much More Serious Than
First RepOrted--H He Cannot
Survive Any Length
of Time.

Of testimony here in the government
suit to dissolve the Standard Oil Co.
of New Jersey was resumed today
before Special Examiner Ferris.
Frank b. Kellogg, the government
counsel, has already shown that the
Standard Oil company received re-
ports regularly from nineteen sub
sidiary companies and that there was
an exchange of stock certificates to
the number of 972, 600 between the
main company and others. 1t is
likely that a strenuous fight will be
waged upon the production of the
books which Kellogg believes con-
tain the minutes of the meetings of
the LIQUIDATION trustees who issued
shares of Standard Oil stock in eX-
change for the certificates of other
companies.
Its Immense Earnings.
According to evidence introduced
today, the Standard Oil company
earned in the past eight years, $780,
3l5,934, and paid out in dividends,
S30S,3 S,359,493. This evidence was
backed up by the records of the
company.
The Pratt Concern.
Clarence G. Fay, assistant comp
troller of the Standard, was recalled
today and questioned about the in
come of the c. NJ. Pratt Investment
company. He said that the income
from this source In 1902 was $134,-
400 and the money paid was paid
over to the Standard Oil company by
c. NJ. Pratt, who yesterday testified
that he held stock in the Waters
Pierce Oil company of Texas for the
Standard Oil company and the Stand
ard Oil company held the stock of
the c. NJ. Pratt Investment company
in lieu of the WatersPierce Oil COM
pany stock.
The Waters-Pierce Co.
Fay testified also that between
1899 and 1906 the stock of the Wat
ers-Pierce Oil company appeared up
on the books of the Standard OIL
company of New Jersey as an asset
In 1899 the latter company's balance
sheet showed the ownership of 2,747
shares of Waters-Pierce stock, valued
at $3,06IS92.
Rogers May Die.
That Henry II. Rogers, vice presi-
dent of the Standard oil company, is
in a very weak physical condition,
that his face is distorted and his
speech affected, that his left side is
not in its normal state and that he
is unable to transact any business or
even discuss ordinary affairs, was the
substance of testimony given by Rog-
ers sOn-in-law, Urban X. Broughton,
in the supreme court yesterday in
Boston.
II. H. Rogers, Jr., testified that his
father had signed but three checks,
and a power of attorney to open a
vault since July 22. His condition,
Rogers, Jr., said, has shown a slight
Improvement in the past few weeks.
I'm About Done"
Broughton testified that recently
Rogers had told him 20 take up the
business where he had left It, as he,
Rogers, was "abOut done" After
hearing this testimony, Judge Ham
mond denied the motion to bring II.
II. Rogers into court for the purpose
of showing that he was capable Of
Counsel for c. NJ. Raymond Of
Somerville, who is suing Rogers for
$4,000 for certain petroleum royal
ties. sought to prove that Rogers was
able to appear in court in spite Of
the objections of his counsel
Stricken by Heat.
Just how long Mr.. Rogers is likely
TO live, his physicians will not say
But all Of the testimony gives proof
positive TO the statements that he is
suffering from paralysis Of the en-
tire left side of his body; that he
speaks and thinks with the greatest
difficulty because Of that paralysis
and that he will never take up the
real presidency" of the great oil
trust again.
1t was on July % last that the
magnate, heat-stricken, was rushed
TO his summer home, Fairview. at
Fairhaven, i'm desperate effort to
save his life.
Head Goes Wrong.
At that time, when his friends first
became alarmed, IL was announced
that he had collapsed at his desk and
was I'm a most serious illness. The re-
ports We're circumstantially denied,
but since that day Mr.. Rogers has
never been back to his office at No.
20 Broadway ana has been steadily
growing worse. The strain of the
recent Standard oil troubles, added
90 the Lawson attacks and the litiga-
tiou which was then pending against
the company had worried him until,
as Dr. Pratt testified. something "be-
came wrong with his head" ."