Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1908-12-04


Replying to n question asr Arch
bold said the standard had purchase,
oil IN russia but not now. The stand
ard had interests in Roumania
The government counsel then tool
~ the question Of tariffs on OH In tht
various countries and Mr.. Archbold
said the duties In Russia were Just
what that country chose 10 make
them.
III they VIII bet our oil free they
can get our oils in free there. There
is no favoriiism among the countries
where crude 81 Is produced IT France
has a duty against American oils. the
same duties apply 90 other countries
Mfr. Kellogg asked what were the
Standards advantages with regard 10
the tarln and Mfr Archbold replied
"All this talk OF favoritism TO the
Standard by the tarin is bosh
Mr.. Archbold said that In spite Of
the Russian policy ~ protection, "Wo
manage 20 get a little In on them oc-
%easionaily."
80 II Russin keeps YOU out we
keep them out said Mr. kcllogs
'fWhnt do sou mean by 'we'-the
republican party" broke in Mr. NIL
burn.
The laugh that followed ended the
line OF tarln INJURY.
Mr.. Kellogg Intercepted Mr.. Arch
bold regarding the European Petro-
ieum union,
The latter said he ola not know
whether that union divided the Euro
pcan markets or not. but the stand
ard had a trade agreement with H.
He could not say whether the stand
ard and the Russian company divided
tho German market
Mr.. Archbold spoke Of the earr
difficulties OF refining Ia the Lima OIL
ficld because OF the sulphur IN crude
oil n that they had continued 20
buy in hoping that some day @ way
might BE- found 10 eliminate the sui
phur.
The source Of the standards crude
oil production was inquired into
fully By Mr.. Kellogg.
Suppose the producer don't accept
tho price. ALI he can do Is to kick
asked Mr.. Kellogg
"oh. no. he can store his oil and
wait for better prices or nnd other
purchasers Further hr could stop
production and await better prices.
Mr.. Archbold said that the stand
ard could transport amy crude oil for
any independent producers over all
It's pipe lines. which were common
carriers, In conformity with the tar
IFS filed with the Interstate commerce
commission.
Mr.. Kellogg asserted that no Ina
poriant refineries existed at any point
At which tarinB were made. /,
Mr.. Arohboid said that the pipe
lines should not be- olasscd MS com
mon carriers.
rs II not a fact that when the
Hepburn law was passed you trans !
ferred the pipe lines across Maryland
and New Jersey. which were owned !
by your Pennsylvania company, 70
them from becoming com I
mon carriers"
1--WE have OF all times shaped our
business In conformity with tho lava
under advice ~ counsel. replied Nj
Arehbold.
The accounts Of tho southern Pine
Line company from 1888 to 1905 q
showing loans TO Y. u. Trainor. vary
ing from s.. 500, 900 TO f4.0o0.oo0 each I
year and a~gKrcgatinE s22,600.00 were
into by Mr.. Kellogg
"The balance sheets of tho south
ern Pipe line show the following
M" he said 1889. Se.607.o 900
1900. $4,000 1907, S2,74a,G2St q
1909, 2.256.e61: 1893. se,663, 129 "
1904. S3,aib,s3G; 1905. t9.Stl.84A Il
No. MIR Trainor testified that ne II
Knows nothing about these loans aud o
hat the money was never paid TO n
rim. DO you know anything about j.
hese loans9" q
Il do not" replied Mir Archhold q
MIR. Archbold was questioned about Il
|, contract that existed between the h
Transit company and the
Pennsylvania railroad ia 1854 where %
IS the pennsylvania was 10 obtain 20 =
,or cent Of an crude OH shipped TO ~
scaboard
Mr.. Kellogg wanted 70 know II b
,ere not q fact that under the CON
the standard paid a part of the
rate 60 the Pennsylvania ON
he crude OH which tho National
company carried In its pipcs
nd which The Prnnsylsnuiu ala not
AIRY O.
Mr.. Ar,hhold aaid he IS "a not pre- p
jared 20 give Information regarding g.
contract which, the witness said .
abandoned ln 1898. n
But why was the contract can D.
d
'Because 81 was thought best TO- q
.ut the contract definitely out OF the n
IA
Mr. kenogg asked rs u not a fact &
the railroads held up the rates u
hich are practically prohibitivs TO an C.
dependent shipper g
Il am not a railroad man n
Mr. Archbuld said there were many "a
dependent rcflncrios today who ship "a
y railroad These independents went
az Of business voluntarily and anil
bly,. as they realized their plants We're
u fitted to survive. cl
Mr. Archboid raised % laugh when IS
e said that ho had denounced the pl
,uth Improvement company dcclar- Al
& ii was an outrage ON those m
uded Ia il
Mr. Kellogg called attention 90 the .
idenco that the standard later went /
60 IT, :.
Mr.. Archbod said hs had b.au told I
tsrwurd that the standard vas 90
IN tho agreement with tuv south =
bad. |H ~