The Washington herald., 1907-07-07
CONTINUED FROM PAGE ONE.

the period have mentioned-1so3, 1904, and
1e'5-be settled through the auditor
office?
Mr. Wann-I know nothing about IL.
District Attorney Sims asked the wit
ness a few similar questions, and he was
then excused.
Standard Owns Tank Line.
Harry T. FELTON,. president Of the Union
Tank line followed with similar testimony
as 70 rates on oil. He admitted the stand
ard Of New Jersey owns the major por-
tion of the tank line stock.
He said the original investment Of the
tank line was S35o0g0 When asked IF
be knew what the Outstanding capital
stock Of the company was, he replied that
the company IS In debt S.QQUQ. on top
Of the original investment
THE company has not paid "a dividend
since 1901" he added.
He attributed this To the fact that
there is no money in running tank cars
al three quarters Of a cent q mile.
Then came the oil king
Rockefeller on stand.
Rockefeller took the oath solemnly. and
Judgs lands asked IL he had any con-
nection with the Standard OH Company
OF New Jersey
Il am president he said, but the
position is purely honorary and has been
for the past eight or ten years. I have
been rendering no service whatever
When Judge Lands asked Mr.. Rookie
feller whether he knew what the out
standing capital stock OF the Standard
OH Company WAS. Attorney Miller offered
an objection II was Overruled and the
witness replied:
Il think it is about 800 0o0oc10 I could
not definitely state. your honor
rs it approximately Sl)l.o9.0)9?' said
Judge Lands
THAT is my idea, approximately $780,
100o00 outstanding"
The courts question as 10 what was the
general business of the Standard oil
Company was vigorously objected to by
the Standard Oil attorneys on the ground
that the answer did not bear upon the
case in hand.
Long Out of Business.
These objections were overruled and
Mr.. Rockefeller replied.
well. your honor, as I have been so
long out Of business. and out of this
business, l could not well answer that
question. 1t is a dozen years since l
have been at all actively related with
the affairs. 1t is eight or ten years
since l have been in the office at all"
What is your general impression as 20
the business Of the Standard Oil Com
pany Of New Jersey
They have refinery and refine oil
That was the-yes. it would be impossible
for me to make an answer 10 that ques-
ton intellgently without a study Of the
case"
Judge Lands asked Rockefeller wheth-
er he had an impression that the Stand
ard OH Company operated more than one
refinery. Attorney Miller objected. citing
the fact that this information was not
included in what the court had stated IL
wished to secure, and calling attention to
the fact that the government had a case
in Missouri against the Standard OH Com
pany and was seeking evidence Of the
connection between the Standard Of New
Jersey and the Standard of Indiana
Landis States Position.
Judge lands, with some asperlty. de-
clared that this investigation had no con-
nection with government plans, and in
sisted on an answer.
Rockefeller evaded direct answer. He
said the refining business had grown up
since he was in active relation to the oil
industry. He was diplomatic in other re
plies. and specific in the statements that
he knew little Of the details of the CON-
The details of the business, he said, were
technical points. He could not tell the in
come Of his companies during the years
at issue.
Stating that John D. Archbold could
probably give the information desired by
the court, Rockefeller was excused.
c. NJ. Pratt. secretary of the Standard
oil Company, Of New Jersey. was called
He testified to the net earnings Of the
Standard OIL Company Of New Jersey.
saying they approxlmated S199 800. 900 dur
ing the years 1908 1904, and 1905
He was questioned regarding the
amount Of dividends paid by the company,
and was then asked IL the Standard Oil
Company OF New Jersey owned stock of
the Standard Oil Company of Indiana
He said 1t did.
How much Of it?''
"A large portion Of IT.
as the stock Of the Union Tank Line
Company owned by the Standard ool
Company of New Jersey?"
In large measure; yes, sir
Pratt's Testimony Ended.
DO you recall how large an amountT
Il cannot say, exactly"
This concluded the testimony Of Mr.
Pratt.
The next witness was z. NJ. Stanton,