New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1908-11-25

count OF So 100000.
Mr. Kellogg wanted Mr. Rockefeller to find
out from the books about companies acquired
but Mt Milburn objected successfully. Asking
for a list of corporations and properties held 10y
the standard trustees in 1882 to 1892 Mir. Rosen-
thai interrupted to say the list had been pre-
pared and would be put in part of the de-
fence
Mr. Rockefeller then asked about his rali-
road interests and those of the Standard stock
holders and officers:
to others / MAY be q director in some railroad
company. but this moment ! do not recall any
Q-Are You and have you for ten years last past
been very largely interested IN raiiIUSSGi nb Wour
various companies have been doing business III
transportation of products?
INTEREST IN RAILROADS.
Mr. Rockefeller said he had been interested IN
the Wisconsin Central stocks for years and had
bonds OF the Chicago. Milwaukee ST fau''
His brother was a director in the St Paul. ne
said Then he objected to giving his present
railroad interests. Mr.. Kellogg continued;
Q. What is the object of these various in Sia
ard Oil Company being directors In so mann fa
roads? Is II merely representing thelT
or the interests of the Standard Oh company !
A-Oh not the interests Of the Standard on Coim
pany any that recall The stocknoIoenrs s,e
been long years gentlemen engageo a1so
bsTe tended in the direction OF the upbuding OF
the railroads Of the country.
Mr. Kellogg urged that the witness tell OF ms
railroad investments, and reluctantly MI
Rockefeller said that he owned shares IN t'ie
Delaware, Lackawanna & Western Fehhss
vania Central Western Maryland Union "a
cifc. road In Mexico; Texas Pacific first pre-
ferred Erie and Colorado Southern
Q-Now as to bond ownerships and seGIT,te a5
you have been large owner IN sfsIes haven't
YOU? A-Weil, could not say that. "ouu "O'
QNWen generally" Al ar gratt Gyast In in.
that great many of them did nor ,b Securities
Of leading railroads Of this country during the as
ten years? Al have been during .hs' handed in
or-par 10 a greater or less extent in the
Sebtedness of railroad corporations in common ms
with other corporatons oorr4~i ms Shares the in
vestments being made with refeTenoe o &c
Includes the principal railroad systems Oh mat
a. tr,nrl5 he correct to say that It did No shoau
not think so. for the railways o. ms thousands Of
times any amount of money which nave 10 III
vest
Mr. Rockefeller was clearly weary and MS
smile was not so radiant as when he nrst al'-
peared on the stand. He returned from Iuilcneo''
with Mr. Archbold and for short time an
.,,era5 questions rega riding subpaenaes and pipe
line interests. which Mr.. Milburn wanted cleared
III. and-one regarding his railroad interests;
o-Have YOU ever at any time sought to infin d.
rarGsd S9m 1anaEft as with respect to
rates its supPlef or any ma mstf sfsRdaTd Oil Com
IN. or orssnization? Al have not. $3.50.
0a2ye you S ieec kn9W Of ii The a STANDARD oil
Germs seeking 10 use such an influence? A-Not 10
my knowledge; no, SIT
ARCHBoLD BEGINS HIS STORY.
Mr. ArchboId told Of his early life and his
activity In the standard He told Of the various
oil fields. and furnished maps showing the extent
of nine lines at different periods Then ne
enumerated the refining centres. in the early
-70s he said there was surplus Of refneries'
making the business Improbable
Mr.. Archbod showed by exhibit that in
1882 there were 2.46s miles of gathering lines. in
1898, 1919 miles and in 1908. 1927 miles; OF
trunk lines there were, in 1882, 1852 miles; in
1899 1904 miles. and in 1908 e3ss mes-a total
in 1898 Of 1916 miles of gathering and trunk
pipe lines.
The witness told of the uncertainty of the oil
supply, mentioning one field as having run dry
after many thousands Of dollars had been spent
in tanks and piping. He said that the Standard
purchased all its crude oils from Joseph seep
of acquiring the oil he asked about price
control He denied that the Standard fixed the
prices arbitrarily. and said that the piping ser
vice was most satisfactory to the producers
Prices he testified. fixed were prices
in all trades-by supply and denlsnd. The for
eign production, he said, a great disturber
of the equilibrium In this country, he said,
there was at present great ev6rproduction, due
TO the vast mid continental field accounting for
the So 100000 barrels now in storage.
GETTING RAILROAD REBATES.
From this the early railroad situation was
taken up. Mr.. Rosenthal asked
al am talking now bout the period say from
bates and drawbacks during those early years by
m bsne not 9qT IN bsr o 6 but
ton generally would be that the carriage of
shipper nd he soad # Sas 4ae of f
period and of the period up TO date if you please,
Any man knew that he could 60 TO the railroad
and, bargain for the transportation of his goods
he would to q merchant and bargain Tor A
bill OF goods. 1t was question of bargain: and
been peculiar In any respect in its relations 10 the
railroad, in the fact that Il made the best bar
las been T Tery unjust indeed We were in no dif
ferent attitude toward that question than other
sbppeF of everv Other considerable frame in tie
United States. and the people who have made that
poses. There has been reason for II.
Q.-And prior the time that Porter. Morelsnd
& 90. sold out to the Acme Oil Company was that
your experience In the conduct OF the business?
At was my experience l arranged for the
freight barganed for the freight for Porter More
land & Co. and for number of other concerns
whom I represented in the shipment Of their
goods just as closely as knew how. through all
those Years: and found. after knowing more
about the business Of the Standard Oil Company
that | had not done sc badly in many cases.
NO BENEFIT TO SHIPPER"
ODD YOU know what your next door neigh
h. in daVs2 Al