The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1909-11-22
II the United States Supreme
Court Sustains the Lower
Tribunal. Many Combines
Will Be Dissolved.
CHANGE IN CONTROL
is VERY IMPROBABLE
0'laughIin Says the Final Vic.
tory. If It Is Gained, Will Be
Of Moral Rather Than Prac-
ticaI Value.

Chicago. Nov. s:.-John Callan
'O1aushlin. Washington correspon-
dent for the Tribune. in an article
in that paper today. sums up the
Standard Oil decision as follows:
Ii the supreme court shall sustain
the decision of the federal court Of the
Eighth judicial circuit in ordering the
dissolution of the Standard Oil combi-
nation. there must be a reorganization
of the operating methods OF most OF
the great corporations of the country
1t does not follow. of course. that
control of these properties will pass
from the hands OF the men who now
possess it. Unquestionably: their le-
gal advisers already have busted
themselves in devising a new plan
whereby the intent of the antitrust
law may be evaded. 1t is this aspect
OF the matter. which is realized fully
by President Taft and is responsible
for his determination to press con-
gress vigorously for the legislation he
believes to be essential to remedy the
trust evil.
There are two aspects OF the situa-
tion created by the decision of the
court which are considered important
in Washington: First, the effect not
only upon Standard Oil but upon nu-
merous other combinations formed
along the same general lines: and.
second. the valuable guide it will be in
connection with the framing of the
legislation which congress will be-
called upon to enact
Many Combinations in Danger.
1t is accepted as a matter of course
that if the supreme court shall up
hold the action of the lower court ev-
cry combination of the character OF
the Standard Oil will dissolve and
will adopt a new form of corporate
existence. BY the time the supreme
court hands down its decision. how
ever. 1t may be congress will have
placed upon the statute books a new
law relating to trusts. probably along
the lines of President Taft's recon-
mendations. 1t Is hoped by the au-
thorities that. in order finally and
definitely to establish a firm footing
for combinations OF capital. the finan-
cial interests will deem II advisable
to use their influence to obtain con.
gressional action.
Under the circumstances. therefore,
the decision Of the circuit court at ST.
Paul should be beneficial both In in
dicating what capital cannot do under
present conditions and in preventing
it from placing obstacles In the way
of the proposed enactments.
Combinations which are affected by
the decision OF the circuit court in
clude everything from railroads to
makers of food supplies. The bureau
of corporations has made a list OF
companies formed for the purpose OF
doing business without infringement
on the antitrust laws.
Some Of the Big Trusts.
These include such corporations n
the following:
United States Steel corporation (the
steel trust).
American Brass company (brass
goods trust).
American Locomotive company (lo-
comotive trustD.
pany fcar builders trust).
United Lead company 0ead trusD.
National Enameling and Stamping
company tstamped ware trust).
United States Cast Iron Pipe and
Foundry company fcast iron trust).
American Fork and Hoe company
Earning tool trust)
American Sugar Refining company
(sugar trust).
American Tobacco company (tobac-
CO trust).
Corn Products company GLUCOSE
trus).
National Biscuit company (crscker
trust).
American Linseed company ninseed
oil trusD.
International Salt company (salt
trust).
Diamond Match company tmatch
trust).
United States Leather company
Oeather trust).
Rubber Goods Manufacturing COM
pany rubber trust).
American Thread company Thread
trustl.
American Woolen company (woolen
trust1.
General Chemical company (chem-
ical trustl.
Standard Sanitary Manufacturing
company tplumbing supply trust).
United Boxboard and Paper COM
pany (boxboard trust).
It does not follow that all the above
(Continued ON Pn9a ElGhfl