The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-11-19
ROCKEFELLER
TELLS ABOUT
OIL BUSINESS
Nearly Fifty Years Ago He
Started in the Trade With
Three Partners.
LITTLEBY LITTLE THE
GIANT OCTOPUS GREW
STEADY INCREASE FROM TIME
FIRST COMPANY WAS FORMED
UNTIL TIE PRESENT TIME.

AR%@4A@3% 90 - g %%%@
Z. During a brief recess this after 9.
q. noon Mr.. Rockefeller talked to the 9.
:. reporters on the Standards {.
:. growth. saying: (.
Z. What a wonderful thing it all (.
d. has been-the growth Of this BUSH 9
q. ness. II all seems like a dream {.
% 10 me. and here | am accused of {.
Z: doing the very wicked thing Of {.
q. selling a good article at a lower z.
Z. price than any one else Q
&. This testimony here today 9.
6. brings back to my mind so clear Z:
Z. ~ early days in Cleveland. where Z:
o We were all friends and neighbors 8:
:, together How well 1 remember (:
. that day in Cleveland when went .
Z, into the bank OF T. P. Handy. who Z:
. afterwards became one of my e
.. dearest friends. / wanted TO bor- {.
Z. row money, but l did not have any .
q. collateral nor any one to endorse Z.
.. nv note told him what want {.
d. ed 10 do with IL ard then he Z.
!. asked me hOle much / wanted
d. Il need 81 900, I said, and 1 Z.
4. got it, To that loan ! attribute {.
o whatever success l have had in (:
: life since" .
Ne&%9@SR@A&4@A%S4e0
New York. Nov. 1S.-John d. Roekefel-
Ter. president of the Standard Oil com
pany. made his appearance as a witness
for the defense in the federal suit TO dis
solve the so-called 'oil trust today. Ex-
Judge Franklin Ferriss. master of the
proceedings. has ordered that no spectat-
ors be permitted TO enter the chamber.
and policemen posted az the door turned
away persistent throng that beSieged
the room where the testimony was being
taken.
Mr. Rockefeller had left the offices of
tho standard Oh company shortly before
D. m He was accompanied TO the Gus
toms house where the hearing IS being
held. BY John G. Miiburn and Moritz
company ON his way Mr. Rockefeller
was Photographed by several newspaper
photographers He made no objection
Went on Stand at Once.
Mr.. Rockefeller had scarcely entered the
court room when his counsel motioned
him TO take the witness chairs The presi-
dent of the Standard Oil company gave
Ms lestlmony IN clear, resonant voice.
when could be heard all over the room.
Mr.. Rockefeller. what is your fun
name?" asked Mr.. Miller.
John ID. Rockefeller.
Where do you lVe?''
My legal residence is in this city at \
west Ftfty-fourth street
When was your first connection IN the
oil business?7
About 1860 or 1862; not earlier than 1860
nor later than 1862. l was then a young
man. much younger than / am now"
IN reply TO the question as TO who were
associated with him in the oil business
N the beginning he gave the names of
Norris James and Richard Clark and
Samuel Andrews
"A eo-partnership was formed said
ar. h0ckefeller; known as Andrews,
lark & Co, who operated at Cleveland
Small Refinery at First.
Mr. Rockefeller said thai the refinery
was small Ones and his co-Darfnerchi1
WIN W. andrews, Clark & Co. continued ~
III 1910, when II was dissolved Il boupbf
the business and the property and I o.
drews," ne said
DID DID You continue in the refinery bust
Yes"
Did your business Increase"
-~.a' IS; sad Mr.. Rockefeller. 1T in
What DEVELOPMENTS or cbapoa IN H.
company took place later2'
wen. N ls66 there was a change. The
Urn was William Rockefeller q co Tho
hgcketeiler Was William, my brother
Az, S15r' sle company was Rockefeller and
9lr Rockefeller said the reSnerv of this
0O.npahy was in Cleveland and that afte--
NaI aus, another company under the name
a.. NlllSm Rockefeller & Co was orgaf,-
- 80 IN New York. The same firm mem
80, 80 mai composed the Cleveland com
f~'s lidoe ur the New York company.
Growth of Business.
al asskea what had been the course of the
i H.. BUSINESS up 10 the time of the organ
nIa tl OF the Standard Oil company OF
N. ., MI. Rockefeller replied:
ne mad a steady growth and Increase
is 81 me organization of the first firm In
i'I OF 49, until that time
At Rockefeller said that every member
" ne ilrm devoted HIS entire time and at
e,l.uoh 10 promoting the compauy's
stVWu alG that none OF them had anv
Dn business. He said the company did
a teilnlng and warehouse business and
llAt MS brother. William Rockefeller
sogA up MS residence In New York TO de-
penses N ~ -
" hen did the next change take place.
p IA 80 al the properties OF Rockefel Ter
Andrews, William Rockefeller & 90.
@n9 hockefeller & Co. Were taken over
J5ruer the firm name of Rockefeller, An
urews & Flagler"
Continued on Page 2.
II 81