The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1908-12-04
ON STAND.
Evidence Given BY the standard'
Rioht-Hand Man.

ENtoenco Gwen ~ n standards
Right-hand Man.
NEW YORK, Dec. 3.-When the
hearing in the governments suit to
dissolve the STANDARD Oil company
was resumed today, John D. Arch.
bold, vice president Of the company
testified that the Standard purchased
the Pacific Coast Oil company, OF
California, in 1900, for $4,000.
After that its capitalization was in.
creased to ST., 900, 900 in 1906, when
the name was changed to the Stand.
ard Oil company OF California. Re
garding the Barnsdale loan of ST.
100000 Mr.. Archbold said there was
no contract of the loan in the city,
w%hereupon Mr.. Rosenthal counsel for
the Standard said he would telegraph
the escrow holders in Pittsburg to
mail the contract to the master of
the hearings for inspection.
MI. Archbold said that. as far as
he knew the Texas Oil company was
not owned or controlled by the Stand
ard. The Texas company sold some
of it's output, the witness said, to the
Standard. Id
Mr.. Archbold's attention was called
to the cost Of %refineries put into the
trust in 1882, which was $4,000, 900.
This was the inventory value said Mr..
Archbold, who was then asked if the
exhibits of the defense, showing the
cost of -efineries in 1906 to be $780,
900 were not gross costs instead of
cost less depreciation. Mr.. Archboldi
said it might have been IN error of
bookkeeping, whereupon the account
ants for both sides began an examina-
ton of the exhibit.
Mr.. Archbo1d said the first reln.
cries at the seaboard were not built
by the Standard, which early realized
their value in the export business and
took them over.
Mr.. Kellogg asked the witness il
the Devoe Manufacturing company
had not sold oil in cans abroad be-
fore the Standard purchased that
company. Mr.. Archbold said the De.
o company may have.
Replying to a question Mr.. Archbold
said the Standard had purchased oil
in Russia, but not now. The Stand
ard had interests in Roumania.
The government counsel then took
up the question on tariffs.
If they will let our oil in free they
can get their oils in free here. There
is no favoritsm among the countries
where crude oil is produced. # France
has a duty against American oils the
same duties, apply to other u
tries
Mr.. Kellogg asked what were the
Standards advantages with regard to
the tariff and Mr.. Archbold replied:
"All the favoritsm to the Standard
by tariff is bosh.' Mr.. Archbold said
that In spite of Russian policy of pro-
lection, 1--WE manage to get a little in
on them occasionally.
$50 If Russia keeps you out, we keep
them out said Mr.. Kellogg.
What do you mean by we the
Republican party?" broke in Mr.. Mil
burn.
The laugh that followed ended the
tariff inquiry.
Mr.. Kellogg Intercepted Mr.. Arch
bold regarding the European petrol
cum union.
Mr.. Archbold said he did not know
whether union divided the European
markets or not, but the Standard
had a trade agreement with it.
He could not say whether the Stand
ard had divided the German market.
The source Of the Standards crude
oil production was inquired into fully
by Mr.. Kellogg.
Archbold said that the Stand
ard would transport any crude oil for
any independent producers over all
it's pipe lines, which we're common ear
riers, in conformity with the tariffs
fled with the interstate commerce
commission. Mr.. Kellogg asserted that
no independent refineries existed at
any points at which tariffs were made.
Mr.. Archbold said that the pipe lines
should not be classed as common car
riers.
SIS it not a fact that when the Hep
burn law was passed you transferred
the pipe lines r Maryland and
New Jersey which were owned by
your Pennsylvania company, to pre-
vent Them from becoming common
carriers" o.
I'VE have at all times shaped our
business in conformity with the
laws" replied Mr.. Archbold.
The accounts of the Southern Pipe
Line company from 1899 to 1905, show
ing loans to p. S. Trainer, varying
from s2,500,000 to $4,000 each
year and a%ggregating $22,0O0,00O were
inquired into by Nj. Kellogg.
The balance sheets of the South
ern Pipe Line company show the fol-
Ior,;rr 1oonc. 1000 60 cn7 nnn. f0nn