The evening world. [volume] (New York, N.Y.) 1887-1931, 1908-11-23


over the names of early stockholders
in Standard Oil The list Of lNi2 II
developed included Rogers. Flagler,
w. II. Vanderbilt. Richard Waring, O,
+. Waring and several OF the Penn
sylvana Railroad officials who had
been foremost in forming the South
Improvement Company which had
been dissolved in 1872, because o;
popular Indignation over the discovery
in the Western oil fields of the fact
that the concern meant to wipe out all
the Independent refners
kellogs's effort was plainly to show
that the enlargement OF standard Oil
was done in order TO make room for
the men prominent in the South I'm
provement Company,
Big Men Stockholders.
Probing along, Kellogg forced the wilt
ness TO admit that besides Nanderm'.,
Amasi Stone, president of the Lake
Shore: Stillman Witt, of the Big Four;
T. p. Handy, also of the Big Four.
Ambrose NJ. McGregor, of the New
York Central, and p. II. Watson, also
referred to, of the New York Central,
and later president of the Erie, were all
stockholders in standard OIL in 1872 or
in 1875. or in the intervening period.
Wasn't Mr.. Watson actually inter-
ested In the railroads when he went
into Standard Oil?"
isn't it true that. with the exception
of yourself and three others. all the
stockholders of the South Improvement
Company were railroad oniciais-three
directors of the Lake Shore, the Presi-
dent of the Erie, the President Of the
New York Central, the Vice President
OF the Pennsylvania and others in
cluded? And did not al! these men
without exception subsequently take
stock in the Standard oIl?"
II could not say. / presume your
assertions are right"
Kellogg called off 4 long list of firms
and individual refiners and shippers
whose businesses had been absorbed by
Standard Oil during thu period when
the Rockefelers were wiping out COM
petition.
An Industrial Tragedy.
There must have been an Industrial
tragedy in every syllable. but Mr..
Rockefeller, smiling bandly, never
blinked at the long, CORY record of COM
mercial scalps which he had hung from
the ridge pole of the trust in those SAN
culinary later seventies and boodthirsty
early eighties.
He could remember some OF the con-
Germs he bought out. Regarding the
others, he had no recollection. Kellogg
learned incidentally that between 1872
and 1876 Rockefeller absorbed twenty
five refineries in Cleveland alone
Now, then said Kellogg. having es-
tabished his foundation, isn't it true
that all of those plants We're at once
abandoned and dismantled?"
Il would not say that" said Mr..
Rockefeller. I'VE shut down some and
ran others in connection with our own
works. We made what seemed to be
the best disposition of them"
Mr. Rockefeller gracefully lodged the
issue by sudden development of the
uncertain lobe of his mind. Through
he likewise baked Mr.. Keliogg's efforts
to wiring the admission from him that
similar tactics We're employed to de-
ceiye the public after the Standard Oil
hAd Sobbled the Chess-Carley Company,
OF Louisville, Ky, which controlled the
southern business and the Imperial
Company, which had been powerful and
popular in the Western Pennsylvania
market.
Did YOU buy the property of the I'm
perial Refining Company for cash or
for Standard oil stock?"
Mere Legal Details"
81 do not recall all these legal details.
! did not concern myself with them at
the time, or since
Did you get the stock and property
OF the Warden Frew Company at Phil
adolphia, or did YOU merely get the
stock"
Il should say we got the stock prob
ably answered Rockefeller We got
all there was to get"
Then he looked shocked because the
crowd snickered at a reply that was so
unconsciously apt, considering what
Standard ON was doing about that time.
did you get a deed to the property
In each of these purchases, or did YOU
merely take over the stock ana con-
tinue to operate the plant under its
old management" was a question 10
which Mr.. Kellogg often went back.
Mr. Rockefeller never could remember
Finally Kellogg put TINS pertinent one
over:
Isn't II true that you prompt closed