The Washington times., 1908-11-24

The people who held the trust Ger
/ tlfcates eventually exchanged them for
/ shares IN the Standard OH Company OF
New Jersey.
Each holder of a trust certificate of
/ the Standard oil Company OF Ohio got
a paper from the liquida ing trustees
which enabled him to obtain from the
/ company his prOpOrtiOnate number of
| shares, and these ne could exchange Tor
| stock of the Standard oil Company OF
/ New Jersey. That had to be done that
way"
"How many stockholders were there?
Three thousand?"
4 don't know
Memory Fails Witness.
Mr.. Rockefeller said that he did not
handle the trust certificates, and had
nothing whatever TO do with any trans
ters Of certificates. He could not re-
member how many shares Mr. Flagler
owned, or whether Mr. Flagler had
transferred certificates owned by him
TO other parties. Mr.. Rockefeller. could
not remember having had negotiations
with SchOneld, SchenneT n tlelt' OF
Cleveland, in 1876. He knew tina. some
kind of an agreement had been entered
into between the Standard OH Company
of Ohio and the Cleveland firm. whereby
the output of that refinery was limited
TO IS, 900 barrels a year. but dldn lhluh
he had amy hand in the negotiations.
Mr.. Rockefeller remembered IndJ r ie
standard OH Company had bfous NJ
pressure against the Cleveland HTm 10
restrain them 1Or exceeding AniS output
and also TO restrain them trOm Op6T-
dring a plant at BufIalO. As usual Mr.
Rockefeller made what has become a
stereOJyped reply:
In this, as III many other affairs OF
business, thirty or forty years ago. II is
quite an impossible thing for me to re-
member every detail
Asks Searching Questions,
Did not the defendant set up in its
answering affidavit that the agreement
was not in force-that it had been VIC
lated. and did they not claim that the
Standard OH Company OF Ohio was try
ing to establish monopoly in restraint
OF trade in the oil refining business, and
that this agreement was part of said
conspiracy
Il could not state from my recollec-
ton, but I assume that they probably
did not fail in such a paper to put in
everything they could think Of, or their
attorneys for them, But 1 could not
state of my own knowledge"
do you remember getting copies OF
the afddavits to look Over2'
Il have come to know something about
the question.
Did you have a similar contract with
the Pioneer Oil Company Of Cleveland,
limiting their output for the year or
thereabOutS2'
There may have been a contract with
the Pioneer oil Company. As 10 just
what that contract was, ] cannot state
from my recollection
Plays Old Game.
In a long series Of questions and an
swers. LII Rockefeller again played the
faulty memory as to the details in the
agreement with the Pioneer OIL Com
pany-
Did you make the statement in an
affidavit that the Standard oil Company
had not purchased OF obtained posses
sion of the renneries or the concern
l viii manner"
seven or eight firms, headed by the urm
Of Bennett, Warner & Co,
Il could not state from memory M
Rockefeller answered
did you also state In that affidavit
that the Standard OIL Company at that
time had not been and was not then,
a stakeholder in any railroad, pipe IlnS
or any common carrier for the trans
porJatiOu of oil2"
u do not recall
"WeU. was that true in 1SS0?'
Il do not recOllect-"
Purport Of Affidavit
Then it is a fact, is it not. that the
time you were intending by this afr
dayit to give the impression that all
Of these various rehneries were not d.
rectly or indirectly controlled by the
Standard OH?"
I think / was giving the impression
of just the status at that time In re-
SUeCt TO the properties referred to-