The morning journal-courier., 1908-11-16
SENATOR PORAKER
 PUTS IN A DEFENSE
Makes Public Statement of Fix !. act Services Rendered to Standard Oil Con-
 pany.
OHIO CASES HISTORY
senator Says He Will Not Engage in Any Insecmly scramble, But Will Abide hy Vote of
 Legislature.

Cincinnati, O.. Nov l5.-The fol- lowing statement was given out by senator Foraker last night;
 Now that the election Is over an the people have read and studied the returns, | deem lt an opportunc time and my duty to my constituents as we'll as myself. 10 pablish the follow ng spondence.
 Hon Jos ph B. Forahcr, Cincinnati,
 My dear sir am just ln receipt us
 oWs of tae 5th nsant asking me to Ayrite you in regard to your employ meut with permission to use my letter. if occasion should seem to require With that request am glad to conn ply
 In December, 1898, at the time you were employed by me- there was pending against the standard on com- pany in tae supreme court of the state If Ohio very serious and difficult liti- gaton. A proceeding Tn contempt hal been instituted by the attorney gem
 fal. charging that company with hay- ing wllfully Violated the order Of the supreme court directing 1t Co with draw from the trust agreement The company had answered issues been made mp, and considerable volume o' testimony taken There was also pending against tho Buckeye Pipe Line company proceeding in quo. warranto clargag it with being member of trust in violation or tho antitrust laws of the stlte; alao like proceeding agalrst tlc Ohio Oil com- peny anl the Solar Rrdning compan and on. e' like character at that 'lme think threatened against the standard OH company of ohio. and which Hns brought in January, 1899. These were so-callod constituent com panles of ;ha standard on trust
 These bills in quo warranto were lll filed ln the supreme court and asked for the revocation of the char tors of ihe several corporations the appointment of receivers to take pos session of tho properties and the dis- solution of the various companies Many millions of dollars of property were thus involved in the litigation al- ready pending and much imperled, In addition tp the other litigation threatened
 It was Tn the midst of these difficult cases, wita tho very serious conse- upences incident 10 ang adverse de- eision. that. with the approval of my client turned to you for assistance and advice.
 Tho standard Oil company of Ohio had cndcavored In good faith to com- ply with the order of the supreme court. The trust certificate holders had by resolution passed at a meet Ing hold in New York in March, 1892, determined not only that the Standard oil company of ohio should withdraw from the so-called trust agreement but that tac trust itself should be dls- solved, and tho trustees had entered in good faith upon the policy of dis solution and winding up of the en- tire trust.
 Many practical difficulties presented themselves, ae tho trust certificates, of par value of moro than Mnety y-seven millions of dollars, were held every where throughout tno country had been invested in by savings banks and trust companies, had passed from hand to hand in the market for ten amounts. and tho effort tb give the trust certificate holders n legal inter ; est in the stock of the various com panIos that had formerly been in the trust, was one of great difficulty, 7 I had. I remember a prolonged in- . teryew with you when I first met you in connection with business, Copies of tho pIcadings In the contempt case were shown you and the substance of the evidence already taken narrated, together with the action of the certlh- , cate holders taken at the meeting and the course of proceeding of the trus- tees carrying out the purpose of the resolution to dissolve the trust, and a little later certified copies of the voluminous pleadings in the four cases above named. and the interroga- tories annexed thereto. directed 10 the officers of the four companies above f named, were furnished and the his - tory of each one of those companies 1 and the relation of each to the Stand 2 ard oil company of Ohio, and of the E other organizations alleged to bt o members of the trust (some twenty 1T n number) became the subject of in D vestigation at once by you. The i'm I portance of the litigation could hard il ly from the standpoint of the stand il ard, be oyerrated.
 The company in Ohio which haC
 been ordered to withdraw from tn, e trust agreement could not afford {,
 permit itself to be put, nor could tho l gentlemen who managed it permi a themselves to be put, in the attitud,
 of defyng the law, A heavy tin'
 might have been imposed, a receive g might have been appointed, and th e vast business of the organization ir
 reparably injured The three qut