Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1908-11-25
STORED 10 YEARS
Archbold Says There is Great QUAINT.
ty of Petroleum in Hands Of
Standard.
rs SYSTEM MOST PERFECT
Much Competition Now From Foreign
Fields, r.. Asserts-CalIs tire Bus
mess Hazardous.

New York, Nov. 25.-After five days
Of severe quizzing in the Standard Oil
hearing John d. Rockefeller was re-
eased from the stand yesterday after
noon and John d. Archbold took his
place on the grill, where he may be
kept for week or more.
Under the probing of Frank B. Kel-
,ogg, the government trust buster, Mr..
Rockefeller named the railroads in
which he held stock. They were the
Delaware, Lackawanna & Western,
New York Central, the Pennsylvania,
the Western maryland, Missouri Pa
cific, the Texas Pacific. the Colorado &
Southern, the Erie, and road in Mex
leo the name of which he coulu not
recollect. In addition, ne has bonds
in several others, among which he
named the Chicago. Milwaukee & st.
Paul and the Wisconsin Central. The
witness evaded giving the amounts of
his holdings because it might disturb
Wall street, but he denied that the oil
combine got any favors from the rail-
roads because of his stock holdings.
yeracity Under Question.
Mr.. kellogg devoted much of the
morning to attacking Mr.. Rockefeller
ON a plain question of veracity. The
material he used was deposition
made by Mr. Rockefeller in an old suit
brought by the Standard Oil company
In 1880 against Scofield, Schurmer &
Teagle, firm of Cleveland refiners, to
restrain them from violating a con-
tract they had with the Standard :.
company. Under this contract, the
firm in question was to produce not
more than $4,000 barrels of oil in any
one year, on which they were to have
profit of $4,000, the remainder to
so to the Standard interests. 1t was
the court record of this suit which had
mysteriously disappeared, according to
dispatches received from Cleveland.
Replies In Usual Terms.
Mr.. kellogg used copy Of the depo,
sition and hurled question after ques-
ton at the witness asking him if the
statements sworn to by him in 1880
were in fact true. Mr.. Roekefeller's
replies were chiefly made up of his
familiar phrases denying all memory
of the matter in question. When the
elusive Mr.. Rockefeller was finally
pinned down by the agile Mr.. Kellogg,
he defended his sworn statements of
1850 by pointing out that they were
written. by his attorney. The prosecu-
tor tried sarcasm and every other form
of attack in vain endeavor to bring
| the witness to admit that the sworn
| statements were misleading and decep
| tive whether literally true or not.
John ID. Remains Polite.
Mr.. Kellogg went at Mr.. Rockefeller
harshly and with scant formality. In
return Mr.. Rockefeller remained the
same polite old man that he has been
throughout He showed the effects OF
the fatiguing examiDation, however
and frequently paused Several minutes
before answering. Near the close OF
the forenoon session he often closed
| his eyes wearily and at one time
aroused himself with effort when Mr.
Kellogg called his name
Archbold Tells of Competition.
When Mr. Arthbold went on the
stand yesterday he was asked to tel
much of the detail of the early oi
business and of the way the STANDARD
gets it's oil and makes its prices. He
said that it was the most perfect sys
tenn in the world of handling great
commodity and was SO acknowledged
He said that there was a great dea
of competition now from foreign fields
and that there was stored oil in great
er quantity to day than ever in the
history of the industry. He estimated
that there was at least S5,O00,000 bar
rels stored, and the quantity stored il
the so-called midcontinental field, HI
Isaid, he believed would not be takel
out of the tanks in 10 years.
Il Mr.. Archbold like Mr.. Rockefeller
|, deemed the huSineSS hazardous one