Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1911-05-15

sections of the sherman antitrust
law had been violated The first SOC.
tion read ns follows
"EV,iN contract. combination ~ tn"
form ut trust or otherwise or Cur-
spirucy in restraint of trade ur com
mcrcc among tho several states. or
With foreign nations. ~ hereby Dc
clnrod to be illegal
Tho second section reads
Ever, person tNhich subsequently,
wa explained ~ tn statute 10 %.
cludc corporationes who shall mo
nopolizr 90 attempt to munupulizr OF
combine pr conspir" with any other
pcrsoh ut persons. To- monpolizc any
part Of trade or ,ommorcr among tli"
several states. or with foreign NJ
tiuns. shall he deemed guilty ~ o.
mi~d,u.unur
Tn, standard pil CumpanN o' N,N
Jersey som, iu subsidiary corpora
ti"ns, John y Rockofcllcr. William
Rockefeller Henry VI Flnglcr Henry
4 Rogers. John ~ Archbuld oliver
H Payne ana charles VI Pratt. -
defendants ia th, suit denied 10
hargrs
Months wrrr spent iu gathrrius g.,
demo. The s'uctil uuc of attack
~ shown by evidence presented bv
the government was this II claimed
that about lNio The Eu"kcfollcrS dnl
Flngl"r conceived th, idea q; COM.
trolling the petroleum TRADE uf th.
country. and NttIr later entered into
conspiracy with Iogcrs. Archboid
Pawn" ana Pratt to gain a control 80
the oil business. To carry out tint
alleged cunspuHeS, o. NHs ,iaim'd.
they first "poulcd' their interest
then PAT them into IN, hsr..lS at
Trustees ur trusts aud finally when
the trust of 1852 was declared void
IN q decision AN IA. phiu slprom
court in proc".ding against thr
standard OH rpmpauy of ohio. roor
Eanizcd the standard Oil Company o.
New 1crscs To- take over their inter
csts ana To- secure - munopON. ENj-
lcnrc oi ROTATING. of price cutting HH"
OF TN, organization of secret concerns
tu pose a. Independents vas rtcitod
10 show that the standard Was svoh
ing hN Unfair means {" restrain trad"
ana 90 procure "a monopoly
standard pii introduced ",idru.
oshoW mat sh,re had never bccu
such q cunspirac, II sought To- prove
that thu ohio supron," court did IA.
hold the trust agreement of lSS, void
bat merely required IN, standard Du
'ompanv 90 phiu TO withdraw from
tho trust Evidence was produced
10 show that Relating had h'cn th
order of the day among all CONNER
rial concerns that price cutting anC
secret con crns were not thr rulc and
Vtrr used ns lcgtimht, Instruments
ot competition
Tho circuit court held that the rec
orsauization of tho standard pil com
panN of Ncv Jersey IN 1893 was not
onN violation of the FRS, section
OF IA, act which rcforird I" restraints
of trade. hut ALSO of the SECOND gee
ton, witch apriod e. nionoprliziHg,
TN, standard on had argued chat
,h.rc could b. ro additional 's-tfaiut
as result OF IA. r,utgauigatlun be-
causn the standard Dil COMPANY Of
Noa Jersey was 1Nncd %, common
bod of uNnsrs boz exactly the same
proportion that al tho ruhsidmrv
companies takrn over 1t this ncW or
gtuifattou had been held hN these
common owners iOl wears past The
ru lrt hcld nthrrVi-, ana said tha'
th. combination m ~ifglr corpora
ton 90 person bt an cNChangc "i
stock. or thr power of man, stock
holders holding tine -tm' proportion
rcsgccuNcn oi ia, majority oi the
'.minurd on PAGE Si> coinn,u Two,