Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-11-20
WILL BE TOLD BY ARcHBoL0.
Head Of Concern Gave His 0pin-
ion as to What Constitutes
Hazardous Business.
Amount OF Money! Madc Does Not
Determine 1t--With Today's
Evidence lie Retired.

Npw York, Nov. 20.--The last quarter
century of the wonderful development
nf The standard Oil company probably
viii not be touched upon at all in the.
testimony of John d. Rockefeller, the
+ maker or the great corporation in his
testimony in the government suit to
d;ssolve the so-called trust Until the
moment before the adjournment yes
tcr,lay there had been no intlmation
that Mr.. Rockefeller's direct narrative
Of his connection with the oil industry
from 1860 until the present time would
be Interrupted. He had told in great
est detail of the early days of the bust
ness and with almost equal eXplictness
of the various steps in his conlpanys
growth and development from that
time until 1887.
At that point, however, almost with
out warning, his counsel called Mr..
Rockefeller from the stand and an
nounccd that the direct examination of
tile witness had been completed. The
disappointment which came to those
who had been following the story Of
Mr.. Rockefeller which came with the
sudden termination OF his unfinished
narrative, was somewhat tempered by
an announcement by the Standard oil
LAWYERS tha I the history of tho bip cor
,,n,, r,t,a VA, 10 .,,o,,,d he ria e.l
by John D. Archbold.
Mr.. Rockefeller was again on the
witness stand when the hearing was
resumed today His cross eXaininsl-9
~, ons
tt.,s.. 2. ti's
M NJ, = ~ ~ -.
~ Wy ~
,nd ny % De tonit.s9 LIE pe,
,S.i,,ciS 7, ,,;d Is,
~ ~ -.
,so alrsG. Moud cover
cnJ,nal.f.I ',itra,.tt,, VIII thasa 30 t,o
,,a,.;iS ~, Iono1.at
+, res,onae 10, o,,aat,nns n oIt tna
hozardo,,sT ,,at,,re ~ t,e''oii' hna;ness
owing r. tho nossibiI,tYS az failure ri, If
suppiy. Mr. Rockefeller said that the
production of crude oiI in the Pennsyl-
vantas had steadily increased from
1892 70 1900
Mr., Kellogg read figures from an Of
fetal report showing that the Pennsyl-
vania field reached its highest point
of production in 1900. Mr.. Rockefel-
Ter denied that the supply Of crude oil
had always been ample and asserted
that it had tluctuated, but that the
supply is larger now than when he was
actively engaged in business. He was
asked about the development of oil
fields In Ohio and Oklahoma, but said
that he knew little about then as
they had been actively worked since
he retired from business. he describ-
ed the drilling and production OF oil
as or the character OF mining ousi-
{, ness. he sald II was the, poilcY Oh ms
company to pay for It's OIL ut the wells
and that the larger part of the oil 1t
retlned was purchased from inc pro-
nu ice, ~.
on nave ~, peen PROSPEROUS since Tue
pegliinlns asked MI hse 'ss
~ a es. :, !, : y a,,,s
70 you collsluer business ntA. ~ sel
,taL on an orlSliial investment ~ so,'
wv, oo w., PAD u,Videhus a,l'ouintins y.
800 o0oo ltiu ia'i 9 81
s'v w. ~,
aoh CONSIDER t'ie !. h'1u..hl ~, ~
iiioiieS lilslde ,ielerl,il.es Wilel.' :. ~,
BUSINESS was na@araous VI ho.' sslsu
az; ftochei ,
vas tiei a,a $500 .lpVns viz go,
reelilent OF 1852 ana Whethef tle trus.
s s dld q, not SHOW value ,of
Stv,Vuy,ooo ana tiiat me s.ocks ils,'u ~.
ger me e. agreement eds lau az Vaiue
OF So5,7 69S.
Mr. Rockefeller said he believed
,iese .flslires TO be correct. MI; he.-
iogg then asked whether the STOCK cef-s
tilicates issued tl.er area, 1si We're LOT
stock dividends or for additional prop.
eilies acquired, but John Y. Nilipuri,
OF Mr. Rockefe counsel, opJected
on the ground that TINS was not Withln.
the scope OF. MI Rockefellers direct
testimony. Mr. Rockefeller repheed:
suppose So.
After Mi. Milburn had again Cd
iected, Mr.. Rockefeller said that 2
stock dividend OF S15,700.0Oo was paid
In 1856 and that stock OF the company
was then S9S.328. 900.
Then up to the present time there
had been issued S13,S10,0oO for cash or
properly?o asked Mr.. Kellogg.
"t cannot tell you
We'll, that would make the stock
value Of cash and property turned in
exclusive or money earned and turned
back into this property.
MIR. Rockefeller said he did not quite
cOlIiprelnnd tho increase of St3 900, 900.