Bluefield evening leader. [volume] (Bluefield, W. Va.) 1906-1911, 1908-12-02

obukhb tuI iHdtltnuNHl NoHpdulSS
IN var GUS sta > and operated them
ds a part OF the trust
New York. Doc 2-Seeking TO
unravel the puzsling ownership OF
tho Security on Company, o: Texas
and other oil companies which the
governm NJ charges are control cd
by the standard Oh company Frank
B. Kellogg, federal oouGsel in the
| United States suit to dissolve tie
so-called Oh trust. subjected John
ID. ArchECc TO gr ing cross OK
am nation yes. arday. Mr.. Kellogg
81. o sought Information regarding
certain mysterious loans OF $2,7OO,-
900 made TO James Mcdonald by
The Anglo-American company, a
StSlnGa1l subs Il ary. Eu Mr.. Arch
bod. a director OF the Anglo Com.
rany, was unable TO throw any
light on the question.
EFFORT A FAILURES --,,..
For over a year the governments
counsel have been frying TO obtain
Information regarding these loans
o Mcdonald, but has failed. The
government alleged that Che loans
were made to enable the Standard
TO secretly purchase the Manhattan
! on company OF Ohio. Mr. Archbold
said that lie and Henry II. Rogers,
resigned as directors of The Anglo
Amer can company shortly after
Their election a year ago. The vice
president OF the Ptandard denied
that the resignatiUns were brought
about by the present governm mt
proceedings
Mr.. Archbold was Closely ques-
{ oned about many pipe lines and
refinerIes which had been purchas-
ID By the Standard. He denied that
the reiineries had been bought that
they IN ght be d!smantleI, thereby
removing competition. They were
secured, Mr.. Archbold said, to sue
coed to their volume OF business.
when asked II he was leading"
official OF the Standard, Mr.. Arch
bold sad he was active"
DO you know anything about
the General Industrial Development
Syndicate, Linn ted, of London?"
asked Mr. Kellogg.
81 have heard of 1t since the
hearing began"
rs It controlled directly or in
dir, city by the Standard"
Not to my knowledge"
Don't you know that the Cen
eral Industrial Syndicate Company
purchased the Manhattan OIL Com
pany OF Oh o?"
NO. / do not"
Mr. Archboid was asked If IT was
not true that the Standard had pur-
chased the fank cars, refineries and
pipe lines Of the Manhattan from
the London company. The witness
said he understood that the pur-
chase was made Mr.. Archbold said
that Anthony y. Brady had told him
hat ne purposed ceiling ;he Man
| haitian oil Company, and wanted to
| obtain a contract for oil supply for
| The Peoples Gas Light & Coke Com
pany, Of Chicago. A contract was
/ entered mo Mr.. ArchbOld said, but
he did moi know The terms OF the
contract. The witness said that for
many years James Mcdonald was
manager in England Of the Ang'o-
American Company. and severed
his connection several years ago.
KNOW3 NOTHING or THEM
Mr. Archbold's attention was call
Cd to the loans OF $2.7OO,OOO which
thc Anglo Company had made to
Mr. Mcdonald. bu' ~ said he knew
nothing OF them
About this time the General IN
dustrial Company bought tho Man
haitian OH Company. Was the Nc
Donald Loan for that purpose?"
II don't know" sad Mr.. Arch
bold
"Wll you produce the London
books OF the Anglo-Amerlcan Com
pany?'
u don't think I have the power.
] am not director now"
"A l.ss furnished by your compa-
NY shows that you were elected a
| director Of the Anglo in June.
1907"
i think I resigned shortly after
/ that"