The weekly chieftain. [volume] (Vinita, Craig County, Okla.) 1905-1913, 1910-03-18

Washington, Mar ~. The most
serious legal battle that STANDARD
or has ever faced will confront Il
next Monday
That Is the day set by the supreme
court OF the United States to hear
arguments on the appeal of the Stan
dard oil company Of New Jersey, from
the adverse Judgment of the United
States circuit court for the eastern
district OF Missouri, which ordered
the dissolution OF the New Jersey cor.
poration as an illegal combination
and monopoly In restraint of inter
state commerce To point out the al
legged errors of the circuit court In
its findings and In its decree the
keenest intelleets within command
have been procured. TO argue for the
aflirmanee of the decision of the lower
court, Mr. Wickersbam. the attorney
general of the United states himself
will head brilliant array OF counsel
for the government.
The circuit court announced grave
findings against the seven individual
defendants, John D. Rockefeller, VII.
liam Rockefeller. Henry NJ Flagler.
Henry H. Rogers, John d. Arohbold.
oliver II. Payne and Charles NJ
Pratt. the Standard oil company OF
New Jersey and other defendant com
panies
The court found that In 1899. by an
exchange of stock by the seven In
dividuals. the Standard oil company
of New Jersey acquired the legal title
to majority of the stock of 19 com
panies. which in turn controlled a
large number of others. all but one
engaged in the oil business
What is found as 60 this combina
tion was this;
THAT since 1892 the affairs of all
these companies have been managed
by the principal company as the bust
ness of a single person. so as 20 fix
for them the price Of crude oil the
rates for transportation and the sell
ing prices OF its products
That the par value Of the combined
capital stock In 1899 was about $780,
10000, and that in 1908 it was $3.50.
10000
That Il OF these companies owned
3,574 miles Of pipe lines
That six of these companies had
8.574 selling stations throughout the
United States.
That these companies from 1899 to
1907 produced more than one.tenth |
of the crude oil obtained in this coun-
try
That they owned aud operated more
than onehalf OF all the tank ears us
ed TO distribute its products
That they manufactured more than
threefourths OF al the crude oil re
fined In the United States
That they transported more than
fonrhfths OF the petrole m derived
from the Pennsylvania and Indiana
OH fields
That they marketed more than four.
ffths Of all the Illuminating oil sold
IN tho United States
TfH they exported more than four.
ffths Of all the illuminating oil sent
forth from the United States.
rhat they sold more than four
nHhs OF al the naphtha sold In the
United states
Tint they sold more than nine
teaths of an the uhricating oil sold
20 foad companies lu the United
States
Els finding the court decreed.
Ttat tbe organization of 1899 was a
60 ta of conspiracy In restraint
o tstate commerce in petroleum
al products such as The first sec.
erman antitrust act de-
Al that the seven Ia.
iants, The Standard oil L
w Jersey aud SO other
G. les entered into combin.
alton or conspiracy 20 monopolize and
onopolized a substantial
ate commerce In viola.
tion of the second section Of the sher
act, that 83 other
CO used were proven not
TO BE- IL tlls combination
The court enjoned the principal
company and It's directors from ex-
ereising any control over the subsldl-
airy companies: It eniolned the sub.
sidiary companies from declaring or
p8y any dividends to the principal