The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1909-12-07
TEXT OF GREAT
TRUST BUSTING
OIL DECISION


day handed down opinion declaring the Standard Oil Company Of
New Jersey illegal combination operating restraint of and
ordered its dissolution.
The opinion of the filed simultaneously and
in St. Paul.
In this decision the government of the United States sweep
ing victory according Kellogg this city, who
the special prosecuting officer the has won
every point for which it commended.
The will be appealed direct the United States Supreme Court
judges who signed odas decree effect Judges of the
United circuit appeals although they sitting for
the purpose of trying this the circuit for the eastern dis
rict of Missouri.
EFFECTIVE IN THIRTY DAYS.
The decree of the dong the Standard Oil becomes
effective thirty days. when doubt stay will be granted for the
purpose of appeal.
When the decree takes effect unless stay granted an injunction
will restraining the Standard Oil Company from further
nuance of its business under its present formation.
appears from the concurrng opinion written by Judge Hook that
petition for he this subject that is thought that with the
end of the combination the monopoly will naturally disappear but
should the members of the combination retire from
except one who mil perpeua the monopoly by the aggregation OF
the physical properties and nsumentaes would constitute vio
aion of the DEGREES of the
trial of point made that the Standard Oil
Company benehent corporation that by economies
in operation reduced the price its product This Judge Hook
says, have weight.
SUIT PENDING THREE YEARS.
The terminated by odays decision begun by direction of
the Attorney General of the United States ST. Louis November
assisted by Charles B. Morrison OF Chicago frank H. Poole and
H. Graves of the Department of Justice and w H. Higgins OF Min
"A
The Standard Oil Company presented formidable array OF legal
talent led by John G. NEburn of New York Their defense
that the present organization of the Standard Oil corporation the
result OF the natural growth OF great industry and that no statute
had been violated
TEXT OF COURTS DECREE AGAINST OIL CORPORATION.
ST PAUL nn Nov decree ordering Stand
ard Oil corporation dissolved follows:
"Aer deliberation ordered adjudged and decreed:
section That and the 1890 there twenty
corporations respectively the laws engaged in
commerce petroleum and its products eihr the states
the territories or with foreign nations and these CO. poratoas he'll
many other corporations engaged that commerce. that OF these
corporations Company Jersey
called the Standard company which has capital stock IoOooOoo
that the year 1890 the defendants section of this decree
have entered into carrying combination conspiracy
whereof about the year 1890 they caused the capital stock
Of the Standard company be increased $IooOooOoo caused
majority Of the stock of the nineteen companies and the power
troll them manage their trade power control the
corporations which they controlled manage their trade be
vested and held by the Standard company exchange for stock
which issued the holders of nineteen
companies company all
these corporations hereafter called the subsidiary corporations and to
manage their trade without competition themselves the trade
and business of single person. that this combination conspiracy
combination conspiracy restraint of trade and in
petroleum and its products the several states the territories
and with foreign nations such of Congress approved July
1890 20 Stat COZ (U S Comp Stat 1901 2oo emit
protect against unlawful
and monopoies, declares to be illegal.
THE INDIVIDUAL DEFENDANTS
Section That defendants John Rockefeller, William
Rockefeller Henry H. Rogers Henry NJ Fager John D. Archbod
Oliver Payne and Charles NJ Pratt hereafter called the in
dvdua defendants united with the Standard company and other de-
PENDANTS to form and eecuate this combination and since its foa
ton have BEEN and still engaged carrying into effect and
ed) Atlantic Refining Company Buckeye Pipe Line Company Borne
Scymer Company Chesebough Manufacturing Company Conso
dated Cumberland Pipe Line Company, Colonial Oil ompany Con
tncn Oil Company Crescent Pipe Line Company Henry Foger
r and Calvin N Payne, coparnersp doing business under the
firm and style of Coana Refining Company Eureka Pipe Line
Company Signal Company Indiana Pipe Company
Manhattan Oil Company National Transit Company New York Tran
s Company Northern Pipe Line Company Ohio Oil Company Prairie
Oil and Gas Company Solar Refining Company Southern Pipe Line
Company South Pennsylvania Oil Company Southwest Pennsylvania
Pipe Line Company Standard Oil Company of California Standard
Oil Company of Indiana Standard Oil Company of Standard
Oil Company of Kansas Standard Oil Company Kentucky Standard
Oil Company of Nebraska Standard Oil Company of New York