New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1908-12-01
ARCHB0LD EXPLAINS
Continued from first page


company"
The company sold its property at such and
such a time and was liquidated." was the stock
answer. although they not all dismantled
discontinued Some became centres Of bust
ness for the Standard OIL interests, notably the
Charles Pratt Company and the Atlantic Rein
ing Company.
Some Of the companies had been explained
away by Mr. Rockefeller. and these were Toy
again mentioned, excepting in so far as they
had absorbed smaller plants. Some were taken
in by the Standard OF Ohio and some by the
Standard Of New Jersey. Mr.. Rosenthal then
asked:
DO YOU remember the chief properties owned
by the Standard Oil Company of Onto at the time
Of the formation Of The trusf coAyeed to II by
the Producers. Consolidated Land ana 1r@en,mUni-
Q.-Have you also Information as to how those nose
R Ba9onne and Eagle works owned by the
Standard Oil Company Of New Je Gii company Of
Ohio: the Long Island works and Empire X Nsg1
are owned BY 5hT orks owned by the stand
ard Oil Company of New York bqt no P-i INK
line. marketing stations I'm Indiana Wisconsin.
Illinois Michigan and Minnesota no" o@nea Dg
stations in Rocky Mountain states now owned 9y
Continental Oil COMPANY mark tha gstsndsp5 oil
Company OF California
WATERS PIERCE COMPANY.
Mr.. Rosenthal started in on the companies ana
firms contained in the third class Of the agree
ment and went over the ground OF acquisition
The Standard got only a controlling interest In
these They were. first the lubricating compa-
MES beginning with the American Luorlcatlhs
Oil Company. He went down through the list
Of twenty-six concerns. mentioning all those not
covered by Mr.. Rockefeller and WnoIns up Win
the Waters Pierce Oil Company.
This company was organized by the Standard
Oil and other interests in 1878, Mr.. Archoold
said with 100000 The Standard owned 400 OF
the 1000 shares at first Then the company was
reoreanized it's capital increased to S4ooooV
and the transaction ended by the Standard In
terests holding $500 of the 1000 shares
A list showing the companies now owned by
the Standard, prepared under the direction OF
Mr.. Archbold, was identified. They were sepa-
rated in domestic, producing, pipe hne' for-
eign and gas companies, al NUMBERED eishIS
but MANY were omitted, 1t vas said
Mr. Archbold said that the Standard Oil Com
many of New York and the New Jersey company
of 1882 were the same they are to-day he
said that the capital stock OF the New Jersey
company had been increased from time to time
until 1899. when it was made Si1OCOOOco OF
which S1OOO0Oo0 was preferred.
All the Standard Oil subsidiary companies
were reviewed the same way to establish tne
defence's claim that the trust control had not
been made in restraint OF trade.
It was then that the question OF competition
came I'D and Mr. Archbold told of the foreign
condition. and closed for the day with the state
mont that there were 123 independent or COM
netting companies IN this country. Mr.. Kellogg
disputed the accuracy of the lists Of foreign
companies and the percentage of domestic and
foreign business and will go more fully into
that in the cross-examination.
THE STANDARD ABROAD.
Mr.. Archbold gave an account Of the dash for
the foreign field, when he was asked whether
he was familiar with It. He said:
1t has been business which has required re- the
Gn and smocessu dstrbution in the arsay
countries We have noEeEe been cen almost pn rn
tries in the introduction Of the goods theTe-Ja pan
Considerable time had competition from their own
production. and they are protected in their indus
dcHlt thing for Us tc to g InG nth tbs3s
The same Is true OF [ne DnT radrdfion
Whsre we formerly had almost the entire trade
eer c9T se 4e eked srEeS the local and they
also competitors with US ~ C9ina ano IN ndiS
the Dutch Indies. and very considerable produc-
lion in India and British Burrnah and a very con
siderable production in Japsn-which Is increasing
We have gone forward against tremendous OBJ
ztacIes Of course-i the earlier history. especially
toTard The creation 1 s6k els af a ben
very difficult task indeed-a task that has called
for large investments Of money and patient and
persistent effort the part Of our agents IN every
way.
Ne have often been favored through our State
DEPARTMENT in connection with the efforts for our
esta bshment there. We have been better treated
in reference TO our foreign business, I should say,
than in reference to our home business in that re-
speCt. 800.
In Europe the competition has been more
severe. The enormous production Of Russia has
sought market more particularly in Eastern Eu-
rope and TO the eastward OF that-in Turkey and
into the Orient. They have been our active COM
neti+ors for many years OF recent years very
large production of oil has been found In the
states Europe. namely, I'm Calcia and Rumanis
more particularly. some In Germany and little
in AJssce. hut Rumens and Csalicia are coming to
be very important oil producing states, and they
are constant and aggressive competitors for the
trade Of the continent.
It was said that Mr. Archbods direct exami-
nation would be finished probably at noon to-
day anS that Mr.. Kellogg would then take him
in hand It is not expected that Mr.. Archbold
will fail to answer questions in direct fashion.
He has so far not shown a lack of memory In