Warren sheaf. [volume] (Warren, Marshall County, Minn.) 1880-current, 1909-11-25

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With the other for the purpose OF con-
trolling the management Of the cor
norations or the prices Of petroleum
and its products or the rates Of trans:
Dortation; and 1t prohibits the do.
PENDANTS from engaging in any inter;
state commerce while the combination
continues. This, II sustained, will end
al combinations to control business,
and will restore competition through
oat the country. and will protect tho
Independent manufacturer whe y -
day struggling for living.
Starting FIsure&
i appears In this case tAnD The
Standard OIL IL tho most gigantic cor.
poration In tho world. On an origin.
al Investment Of $50 900, 900, tho Stand.
ard OIL Company has paid in dividends
since the organization of the Trust
down to and including 1906, $548,436,.
436.87, and at the end Of 1906 had 4
surplus of over 1851 zoe, 900 On its
bSoks. 1t has actually earned a this
Investment of 369,000,000 over $1,000.
900, 900, and during the last few years
has earned over 100 per ceRt. per
annum. These profits have beer. made
principally in this country, as the for
oign companies have made much less
profit than the companies doing bust
ness in America. Some of the Amer
lean companies, like the Standard OIL
Company Of Indiana,-one Of the prin.
sipal subsidiary companies,-on q to-
tal capital and Investment Of $1,000
900 has earned 100000 per annum;
n other words. 1ob1.e per cent. and
has surplus Of over 324.0oo.0oo. The
Combination controls from 81 TO -
per cent Of the various branches, OF
he petroleum business in the United
States, and practically al OF tho lNbrt.
satips-oil business Of railways. It has
directors In Ill the leading railways Of
oe country, and it is q dominant force
IN the country's financial inst1utioas.
IS No Political Significance.
The STANDARD Oil victory - -
posed to make Mr. KeNogg eazdk
1ate for the United States Senate
When asked relative t. this pessibil
~, he declined to be intsrviswed. ~"I
have Absolutely nothing to say about
that he said, Il am not prosecuting
the standard Oil case for political Of
feet, but a. . lawyer for the Govern
nent."
The nature Of tho case and the char.
acter Of the decision appear from the
syllabus Of Judge Sanborn's opinion,
which reads as follows:
Congress has power under the com.
nercial clause Of the constitution ia
Regulate and restrict the use in com.
nerce among the several states and
with foreign nations Of contracts, q
the method of holding title to property
and Of every other fundamentally en-
ployed in that commerce 20 far % u
may be necessary to do SO in order to
prevent the restraint thereof denouac.
ID by the antitrust act Of July 3. 1890
d stat. 100.
illegal - stIhs compstItlss.
The test Of the legality of COR
bination under this act is its necsssary
effect upon competition In commerce
among the states or with foreign N,
lions.
n it, necessary effect II only hok
dsatally or indirectly, to restrist thae
sompsttttoa while ito chief result - u
foster The trade and increase tho busl.
Aoss q those who make and opesato L
q ooss not violate that law. /.
But 4 ito necessary sneet y @
oti1o q0f diRoNtlY ana auh 1anaa NV - 1