New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1908-11-20
CROWD GREETs WITNESS.

When Mr. Rockefeller arrived in the morning
there was e considerable crowd in the long
room but not at any time was there conges-
rion near the platform where the witness and
Mr. Ferris sat Mr.. Rockefeller was placed
that everybody 81 the room could get gaia
look at him
In answer to the first question Nj. Rockefeller
said that the stability OF the supply OF crude oil
had an important bearing on his business. The
wells We're confined TO Venango County, Perm,
and il was impossible to be sure OF a stated
quantity Of The raw material This caused
pense and anxiety. He recalled the formation
Of a producers: union IN the oil district. This
was followed by al organization Of the refners.
Mr.. 2IiIburn got the witness TO 60 into detail.
o.--why was it formed? Al may say that the
re11ners were Geslrous OF having their supply OF
country over were DESTROYS OF having those who
produced the OIL rid OF the feeling that we were
IN enywise sntagonstc TO their interests; and IL
Was with q view OF moving along, and for one
I5 E S 10 0eS o q Rei So 60 tt y sond not
feel that they were called upon 10 build -efnertes
C-The IN The refners' association had &
they required II theiE business! Am, yes; We
had q ccnmou interest. o. course, cur business
OIL aIo Ne oes1I5u mos PSsssiL = VIZ
The producers and we oeslreo unaouoteaIy 10 nave
C-During this year, 1872. what were the rela-
tions between those branches OF the industry. the
production, on the one side and the refining on
stio1 Tor period Of "a, tine The producers 9n
douhuedly came 70 understand as they had more
I have intimated, that the interests should be
moved together; that IS that there should be no
sntagonisn between the producer OF the raw ma
Ieria and his best customer the rehner Of course
me two COPY Of which have shown YOU as
annexed 10 The complaint or petition Of the gov
eminent N this case as Exhibit ! dated Deem
understanding and agreement
ACQUISITION OF REFINERIEs.
But the agreement didn't last long The pur-
pose ~as TO obtain a. high price for the crude
OF as possible. Mr.. Rockefeller said The price
scared Production became voiuminous Soon
there was more OIL than could be used. No
market could be found for great part Of it.
Then prices were cut The termination OF the
agreement followed
MI AIiIbU-n followed with questions which
brought out the story Of The acquisition OF re-
hnerles. The first bought was the Long Island
Refining Company, al Long Istand City The
Standard needed II. with its docking facilities
This-in 1S75-vvas the beginning Of the com
penys sesboard refining and shipping proper
ties
point for refining eli for exportE At was
G--And was L part % your plan then at this
refining al the seaFoaTds At was our plan U fo
buy that refinery and pay for II. and then the
further steps. That was chiefly for the export OF
oil and Il was 10 be 50 used. I mean by that II
CD not reach or interior local or Western dis
Do you recall the Devoe Manufacturing Com
Q.-whst its business? A.-The Devoe con-
CeTn engaged IL the putting of. oil in cans for
IN Europe. well their domestic trade They
lad very good reputation ia Europe. and OBJ