The Washington times., 1908-11-23
Trust Buster" Thinks Now
He Can Lead Rockefeller
Past 1882 Date.
NOT YET IMMUNE
FROM PROSECUTION
Government Attorney Wants to
Know How Standard Oil Made
S7O,OOO,0O0 in 1907.
CONTINUED from First Page1

continued from First Page.)
increased the eapitaI stock from $780,
900 70 $500, 000?"
We did"
Did o. F. Waring become a stock
holder7''
u do not think so"
How many railroad men did they
give as stOckholdeTs9'
Il cannot say. Wouldn't the paper
shown"
'FWas not w H. Vanderbilt a stock
holder subsequent TO 1852"
not
Stone Not Recalled.
Was Mr.. Stone, president OF the Lake
Shore railroad, a director7'
Il do not know"
Mr.. Kellogg brought the fact that
up to 1872 three directors OF the Lake
Shore railroad. the president OF the
New York Central. the president OF the
Erie railroad. and shortly after 1872 all
Of the stockholders OF the South I'M
provement Company except three were
either official or local stockholders in
the Standard OIL Company.
You said. I believe. that there were
about a dozen concerns which you
bought up in the early days" said Mr..
kellos6.
MI kellogg read a list or a score OF
more hrms. some large and some small
In each case he maintained Mr.. Rookie
Teller remembered the requirement Of
them by the Standard oil Company.
The oil king admitted a knowledge OF
most OF them, but several, he declared,
he could not recall He said:
IF you could give me the names Of
the men at the head OF the firms, /
could tell you better. I could refresh
my memory in that way"
V
out twenty, or, perhaps, twenty-five
separate concerns in Cleveland in 1919
or &c"
Il could not state the number"
"Of all these concerns you bought,
how many did you keep IN operation?'
Mr.. Rockefeller said that he could
not remember that any Of the plants
outside OF the Paine refinery at Cleve-
land had remained In operation, after
their acquisition by the Standard oil
Company.
Details Forgotten.
Mr. Rockefeller said he could not re-
member the details Of the transactions
whereby the Devereau Manufacturing
Company, OF Cleveland. the Imperial
Refining Company, of oil City. Pa. or
Chess. Carley & Co. OF Louisville. Ky.
were acquired by the Standard OIL
Company, but thought these concerns
mad been purchased by acquiring their
stocks and retaining the heads Of these
corporations in the employ Of the
Standard Oil Company. Mr.. Rockefeller
said he was not familiar with the Iegel
business OF the company
''WoTdeu, FTeW g. CO. owned the At
iantc Refining Company
They were the largest, If not the en-
tire, owners. II was the largest re-
finery in Philadelphia"
You got the Stoke"
We got all there was TO get.'
IT'S stock2'
Presumably so"
And took WOrdeu, Frew & Co. as
STANDARD Oil stockholders"
Yes"
Did you exchange stock with theih?"
II cannot say"
Did you buy the property Of the COM
pany OF its stock? You must know
stock2'
THE details were left TO the lawyers '
Holds to Property.
''The Atlantic Refining Company con-
tinued 10 hold the property, and Wor-
den, Frew & Co. continued to manage
IT. although the profits went to the
Standard OIL Company OF Ohio"
THAT is So"
The company was operated as an in
dependent company all those yearsT'
les. SIR mere may nave Deeu
changes on account OF death-such
changes there We're"
For this property Of Charles Pratt
X CO--oh, the Standard OIL Company
OF PlttsbuTg was located at Pittsburgh
Yes: / think it was a corporation
controlled by Major Few and Charles
IoCknarL Mr.. Warden may also have
been connected-may have had an in
TeresI I'm it,"
You bought the stock OF the Stand
ard OIL Company OF Pittsburgh
We did the same thing as we did
iu regard to the other transactions"
You mean you bought the stock or
the prOpeTtyP'
Il cannot state as to the legal bear.
ing. We bought an
THE three COnCerns-itd You take
them on their valuation?"
Yes; the properties were estimated
fairly, and we came to a direct under
standing"
The same in regard to the Pittsburg
Company
Il have said before that the whole
transaction was one These gentlemeh
owned all Of the two Iast-named inter
ests-MaJOr FreW and Charles Lock
hart were tho chief administrators.
As to business.
You testified also as to the business
OF Warner & AIoreland and Of Bennett,
Warner d Co"
II think : did"