Waterbury evening Democrat., 1907-07-08
FORCED ON STAND.
Rockefeller, an Unwilling Wit ness, Gives Standard Away.
VAST PROFITS OF GREAT MONOPOLY
New Jersey Octopus Made In Three Years Net Earnings of S190, ,SOO,OOO and Paid Dividends of
 S4O,OOO,OOO.

and other officers of the Standard Oil company as satellites, distinct progress has been made by Judge Landis in his efforts to discover facts upon which to base the amount of fines to be impos ed upon the convicted Standard Oil Company of Indiana.
 The corporation's counsel fought ev' cry step with all their might but the 1 judge was not to be deterred from his purpose. Although Mir. Rockefeller proved an unsatisfactory witness in that he could not give definite answers the judge did manage to pin him down once or twice to answers which con. tributed to the sum total of informa. ton the judge desired, but from the other witnesses more detailed infor. nation was obtained, and when the trial had adjourned for the day these facts had been sifted from the an swers:
 The Standard Oil Company of New Jersey holds $499,500 of the $1,000,- GOO worth of the capital stock of the Standard oil Company of Indiana.
 Outstanding capital stock of the Standard oil Company of New Jersey amounts to $9S,300,000.
 Net earnings of the Standard oil Company of New Jersey for the years 1903, 1904 and 1905 approximates $199, 9,sO0,OO0.
 Dividends paid on the capital stock of the Standard Oil Company of New Jersey during those years approximat- ed 40 per cent of the amount of the stock, or nearly S40,O00,000.
 The Standard Oil Company of New Jersey holds "by far the major DOT tion' of the stock of the Union Tank Line company. ,ns.r
 The Union Tank Line company, with a capital stock of s3,500,0o0, is $5,0Oo,- GOO in debt and has paid no dividends since 1901.
 Mir. Rockefeller when he was called walked slowly to the witness chair at the right of Judge Landis and raised 1 his right hand as the clerk administer ed the oath ito swear to tell the truth, the whole truth and nothing but the truth, so help you God" ...,- 3~"I do," affirmed MT. Rockefeller dis. tinctly as the clerk finished ~.e
 Mir. Rockefeller sat down, crossed his legs, leaned his right hand on his cane, put his left hand on the judges desk and looked intently at Judge Lan- dis.
 "Mr. Rockefeller" asked Judge Lan- dis. "have you any connection with the Standard oil company"
 q am president of the Standard Oil Company of New Jersey" said Mir. Rockefeller deliberately. -.a ps-
 "The position is purely an honorary one and has been for the last eight or ten years," he resumed. q have taken no active part in its affairs during that time"
 What is the outstanding capital stock of the Standard oil Company of New Jersey?" asked Judge Landis.
 "Objectr' calculated Mir. Miller.
 "Overruled," said Judge Landis. ! "I believe about $100,000,000 is out standing" said Mfr. Rockefeller. q do not state this definitely, your honor"
 You think, then. 1t is about S100,- OO0.O00Y'
 "That is my idea"
 Mir. Rockefeller spoke very dellber- ately, invariably looking toward his attorneys before answering Judge Lan- dis questions, but listening closely to the judge as the latter. leaning toward the oil magnate, slowly enunciated his questions. Generally speaking" resumed Judge Landis after a moments hesitation, "what is the business of the Standard oil Company of New Jerseyf" ''The production of oll." succinctly replied Mir. Rockefeller. and the crowd smiled. "Your honor." said he, leaning to- ward Judge Landis, "I have been SO long out of business, so long out of this business. that could not we'll an- swer that question. It is a dozen years since have been actively related with its affairs. It is eight or ten years, your honor. since I have even been in the office at all" "well. what is your general impress sion of what the business of the Stand. ard oil company is?'' "They have refineries to refine oil This is as near as I can say without c study of the charter" [ "what officers of the Standard oil company will be able to give me the earnings of the Standard OH company during 1904 and IeO5T' ! T think possibly Mir Archbold or Mir. Pratt" i That is all for the present" said the court. i Mir. Rockefeller gazed around in an disseminated way and was then told by q bailiff that he was through for the present It was from Mfr. Rockefeller's asso- ciates that Judge I.andls wrung the information which he desired to enable him 10 fix the fines to be assessed against the Standard OH Company of Indiana. a subsidiary organization to the parent trust This company stands convicted on 1.s62 counts of accepting rebates from the Chicago and Alton railroad.
 Hours before the trial opened ths corridors of the federal building were e. -fsr. saN zm