The Washington times., 1908-11-24


fear OF immunity. But he did fear the
stock market, and beneddently suggest
ed that the stock exchange brokers he
could distinguish among the spectators
more than 100 feet away would think
him foolish 20 disclose the names og
railroads he deemed good invest
ments."
Denies Ulterior Motive
He had 10 other reason for withhold
ing the desired information and in proof
Of this volunteered TO make up a state
ment showing the railroad stocks and
bonds he had looked upon as profitable
Investments during the last ten years
for private transmission TO the Govern
ment attorney.
Perhaps Attorney Kellogg had q
grudge at the stock market, Tor he in
sisted upon public announcement Of
the transportation companies whose Sc
curtties weigh down the private safe
OF the oil magnato. In making answer.
Mr.. Rockefeller demonstrated that ne
has at least a convenient grip upon an
excellent memory.
Tardy in Arrival
On what probably viii be his last day
on the witness stand in the Govern
ments trust busting proceedings
against the Standard Oil Company
John D. Rockefeller appeared in the
court room Of Referee Ferris five min
utes late today.
MI Rockefeller was crestfaUen over
the fact that he was late.
It believe I can truthfully say that
IL is the first time In my life that
I have been late in keeping business
engagement II grieves me more than
I can say"
Offers No Reason.
EIr. Rockefeller did not offer anv rea-
son for being late. II is thought that
his automobile was tied up by the fog.
The richest man in the world wore an |
oveTcoat that was old and frayed around /
the collar when he put in an appear |
ance. AS usual he took it off, placed /
IL under the referees desk, smiled at /
the reporters and then mounted the
witness stanl. His cross-examination |
by Frank G. Kellogg proceeded.
Cites Issues of Stocks.
Mr.. Rockefeller began the cross
examiner, 4 noticed by an exhibit fur
ZfSled TO the Government by the Stan
30 Oil Company which puTports To be 4
a true list OF the stock Of the Standard I
oil Company Of New Jersey in 1899 and
In subsequent years in exchange for
stock of the said company; and in that |
list there are large blocks of stock first
ssued IN your name. 1 suppose this was
lone for the sake Of convenience. but I
would like TO explain. For instance. of
he various issues Of blocks Of 10000 and
$1,000 there Is credited to YOU 40 Tg7
5hares out OF a total of 9S3,3SS shares.
assume you did not originally own all
he shares that were recorded in your
name.
I did not own anything like as much
Is 442. 797 shares"
Did you own 256,S54 shares. which I
also see in the list2"
Presumably I did"
The others We're issued to you to
urn over to the owner2''
IF found an owner or holder of
shares IN the Standard OIL COmDany of
New Jersey, and If holders of small
fractional shares in the other comDanfes
.Ould md holders Of shares in the
standard OIL Company Of New Jersey.
hose shares We're turned over to me-"
Processes Ignorance.
Mr.. Kellogg looked puzzled over this
nswer, which, however. had not bee,,
nished. Mr.. Rockefeller. continued: Il
zee here a long list. I have not seen
uch a list before / have had nothing
o do with the affairs Of the office in
hose years and so cannot make anv d,
ther answer
Generally speaking. there were
lrge numbers Of shareholders in
lese twenty-nine companies who S
cid the stock that was not dis :
4 should say there were a few
Continued on Tenth Page) {