The Bridgeport evening farmer., 1909-11-20
Governments Suit Against Great Monopoly Sustained In Nearly Every Point Gigantic Holding Company Ordered Not to Exercise Control of Subsidiary
 Companies Subsidiary Companies Or dered Not to Pay Divi- dends to the Holding Company, or Recognize Its Authority.
cspecial from United Press-)

Special from United Press) St Louis. Nov 20.-The government Is winner in the suit to dissolve the Standard oil Company of New Jersey. fn decision today handed down from the bench of the United States circuit court by Judge Elmer B. Adams, the pig oil trust received body blow The decision is sweeping, the government being sustained on nearly every point The only exceptions made are in favor If some minor subsidiary companies named as defendants These. it is by the trust.
 The orders of the court in regard to the Standard on Company do not take Effect for thirty days.
 The court finds the Standard oil Company of New Jersey the industrial defendants and several subsidiaries lngaged in commerce and the manu- :zcture of petroleum in several states ,r with foreign nations and have en- tered into an agreement or conspiracy n restraint of trade and commerce arnonx the several states such as is declared against by the sherman Rnti-trust law
 The opinion was unanimous and the decree was signed by all of the judges The Standard Of1 Company of New
 
 sn5oined from voting the stock in any ot the defendant companies which It acQuired by commission or being al lowed to exercise any control. super TfHion, decision or influence over the acts of any of the companies by vir- tue of holding stock and other powers.
 The defendant companies are enjoin- I'd from declaring or paying any div ldends to the Standard oil company of New Jersey on any stock acquired Al ff- ling the commission to buy said stock
 The opinion was written by Judge Walter F. Sanborn of St. Louis It was read from the bench by Judge Elmer B. Adams. of St Louis The Circuit Court for the Eighth District and an appeal can be made direct to the Supreme Court of the United States 1t is expected the attorneys for the Standard will at once prepare m appeal
 The court discusses the control of the Standard oil Company of New Jer- rev over the subsidiary companies II declares the stock-ownershipp plan gives The Standard q great power to sup press competition and holds this eommission is illegal
 The court declares Congress has the right to regulate commerce and that it therefore has a right to declare a rombination of the kind that stiles EOmpeL1LlOn lneSaL 4ne VI the government regarding the manner by which the Standard secured control bf various companies is upheld by the eourt- The court goes into the history If the company. and gives the facts ir fn developments which are shown by the evidence. According to the deci- sion the Standard of New Jersey through stock ownership, is practic- ally the owner or controlling influence In most of the subsidiary companies named in the suit
 The decree filed is also in accordance with the requests of the government In its original petition The govern uent asked that the power of the Standard of New Jersey over its sub- sidfaries be broken by breaking the bower of the Standard over the man Rzement of the companies and asking that the subsidiaries be restrained from paying dividends to the holding company.
 In the decree the relief sought by he, government is granted and the fourt order is practically dissolution of the Standard oil Company of New Jersey.
 Though the company is not put out of existence. the powers that enabled il 10 operate the oil monopoly are taken away The company can no longer vote the stock of the minor companies Further, the defendants to the original suit are instructed that they must not nrafn form a combination that will be . monopoly of the oil business