The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1908-11-28
.D|SOWNED BY JOHN D.
Says He Was Not tho Man Who
Invented the Great Stand
ard Oil Trust.
Is MODEST AS TO HIS ABILITY
Scheme Greater Than Any One He
Could Have Planned
Halfway Presidents ai one Time
Stockholders In the Big Conn
pany Trust Stock Held
Tor individuals.

pan1 Trust stock Held
for individuals.
Credit for the creation Of the Stand
ard on trust-whlch counsel for the
federal government allege still exists
as the Standard on company Of New
Jersey--was given by John -. Rookie.
Teller as a witness under cross-exam.
ination In the federal suit TO dissolve
the Standard at New York city.
to two men, Henry NJ Flagler and
Samuel O. n. Todd. To these two
master architects OF the oil combine
Rockefeller gave fun credit, saying he
was sure II was not himself. as he dld
not possess the ability for so progress
sive a move. Rockefeller spent an
arduous day on the stand under the
incessant questioning OF Frank b. Kel.
logg, the government counsel, and
when adjournment was taken he gave
every evidence OF delight that the day
was done.
Trail of Some Missing Books.
Kellogg. who with other government
investigators, has been endeavorlng
Tor over a year to locate the missing
stock transfer books OF the Standard
OIL trust, sought through Rockefeller
to find the missing trail TO these books,
and Rockefeller promised TO do what
he could TO find them. Rockefeller's
examination carried him through the
period Of the Standard on trust and
the years OF its subsequent liquidation,
which lasted from 1892 TO 1890. Dur.
ing the day Kellogg developed from
Rockefeller that early in the industrial
existence OF the Standard the presl-
dents OF two railroad companies, to-
gether with several railroad directors,
were stockholders in the oil combina-
ton.
Vanderbilt Once a Stock holder.
In testifylng as TO railroad presl-
dents and directors holding stock In
the. Standard, Rockefeller said that
they may have but IT was for a short
time or trihing amount. w. III.
Vanderbilt was one OF these men.
When kellogg asked IL certain papers
did not show certain facts Rockefeller
Invariably replied that the paper would
be the best evidence. He Identified
fifteen small companies which had
been bought by the Standard and said
twenty or twenty-five Cleveland con
Germs had been purchased. He could
not tell, without thinking II over. how
many purchased plants had been PIT
out OF business.
Who Ran the Companies.
In reply 10 questions as 10 who ran
certain companies after their purchase
by the Standard Rockefeller was
somewhat uncertain. but thought that
the De Voc people managed that plant;
Carley. the Chess-Carley company;
pitcairn and vandergrlft original own.
crs, the Imperial; Warden. Frew and
l.ockhart, the Atlantic. etc. The basis
OF value OF the purchases. Rockefeller
said, was a fair one.
Position Of Acme Company.
The question came mp OF the posi-.
tIon or The Acmo c,nnany wna,har
aftor 10 forcclos,r, /, IT.,
co,n,,str p..t'ara,,or
was .ortei, tbot q ,,ns - -
un.il aftor teSa 49, -
oeed !, ~, ,t,,o s,.,a
~ arovt.itt,., ~ oo...,,,, - -
Nj v..r l' 49, "a ~
that IN f,.. .,,..,' ~ 50 ,, s.,
moda "a'
q, - ~ n.f.,
Nm M. t - - 10y
~ "sNeu
~. t.t., 80,
Recherche sntl be. v,,, w ~ r,at
Tho standard IN c ga,y to,1 ,he
.ertiacnte. N thapss,a ~ ,a,,,.d,ai