The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1909-02-05
MISSOURI AS AN OIL hAcNATE
MEETS WITH APPROVAL IN OF.
FicIAL CIRCLES.
NEW IN CORPORATIONS
" the Proposition Of the Trust is Ae-
eepted the state viii Insis. Upon
Big Increase IN the Amount OF
the Fine.

Jefferson City, FEB. 4-The entire.
ly unique proposition of the Standard
Oil company 10 take the state OF
Missouri into partnership in the man.
agemeut OF the business within this
state is looked upon with some favor
In official circles. It ultimately will
be passed upon by the supreme court
and Of course the Judge cannot dis
cuss the matter now
However. it develops that before
making the proposition. the Standard
Oil peope had discussed It with Her.
bert :. Hadley and Elliott W. Major.
attorney general IN Kansas City two
weeks ago. The officials considered
it rather favorably but insisted that
any modification OF the order must
carry with It a substantial increase in
the fine imposed on the company. It
is not impossible that the fine may be
raised even as high as a half million
dollars and the arrangement be made
that the state take half of the man.
agement of the new organization
which is to manage the business
The proposition Is so thoroughly
unique. General Major said that it
will require considerable study before
one can tell just how IL will work out.
/ never heard Of such a proposition
being made by a corporation 20 any
state, but for that matter | never
heard OF a corporation with millions
In property facing this proposition of
being throTn out OF a state for vio-
latng its laws. / don't know that the
court will ask for any suggestions
from the attorney general. and of
course 1t would be discourteous in me
10 be publicly suggesting 70 the court
now
Il take It that II the proposition
means that the supreme court shall
appoi:t one Of the two trustees and
the Standard oil company the other
\ Missouri corporation is likely 10 be
looked upon with more favor than an
outside company, and If the state has
half Of the management OF the com
rany it ought 20 keep It within the
law"
Governor Hadley said he did not
wish to be suspected OF ntruding on
the attorney generals duties in talk
ing about the Standard case He is
interested in its proper solution and
was with the attorney general in a
Kansas City.
"Of course, a modification OF the
judgment Of custer would carry with
ii a substantial increase In the fine.
That understood the company will
not dispute but the proper enforce
ment of the law demands that the
Standard oil trust as a trust be driven
from the state The law.yiolating the
law-defying organizations must quit
business in this state"
But the property itself is another
matter That the state cannot wire
out, and It's useful purpose for which
it was intended in proper manna-
is not Objectionable.
The big plant at Sugar creek the
fuel oil 1t furnihes TO Kansas City and
the refining Of oils for general uso are
all matters 10 be considered Tn's
company now proposes a joint coC'rcl
OF the property by the state ara by
the company In my inaugural ld-
dress / suggested that some new ard
practical method OF state control Of
the trusts must be devised. This p.op-
osition Cf joint control is a new one
u is pioneering II may be the right
method With the right men IN con.
troll It would be made 10 serve the
public, keep prices where they would
be fair and give the owners OF the
property a chance to plan a fai- re-
turn on their investment