The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1911-01-11
OH
g D Argued
N H!g8gl'IRT
Goyernit lit Seeks to Dis
solYs Ii. and Subsid-
iay Concerns.
.FIIsTOF OF THE SUIT
In Brief Is One Of Much In
terest to the General
Public.

Public.
WlAs4TNsroN. D. C., Jan. ID
The final fight OF standard OIL" for
IS very existence under the present
organization IS expected to begin lat
soday in the supreme court OF the
Eunited States he argument in the
Tobacco dissolution suit is expected
to be concluded about half an hour
before the court adjourns. John
g. Mft6urn win then lay before the
court the foundation for the defense
for the Standard against its proposed
dissolution under the Sherman anti
trust law.
The suit under the Sherman anti.
trust law to dissolve the Standard
Oil organization was instituted in
Ed9O6 in the circuit court of the
Omitted States for the eastern district
of Missourui. The proceedings were
begun by the Department Of Justice
in the name OF the uaitet States
against 114 corporations and seven
individuals.
The principal corporation was the
Standard OIL Company OF New Jer-
sey. From 1882 to the present
time this company is said to have
operated refneries itself, but in 1899
its stock was increased to 500, OOO,-
600 so as to enable it to acquire the
stock of nineteen other oil COM
panies. which il, turn ysisvd a large
number of companies concerned in
the oil business. The Standard Oil
Company of New Jersey was desIg-
mated as holding company and is
Similar to the American Tobacco
Company. the organization Of which
was considered by the court during
the last few days.
Seven Are Named.
The seven individuals named in
the suit as defendants were John u.
iRockefeller, William Rockefeller,
Henry NJ. Flagler. Henry H. Rogers,
John D. Archbold, Oliver H. Payne
and Charles NJ. Pratt. The part
these men are said to have played
in the alleged violation OF the Sher-
man antitrust law has been sum
married. by the government as fol-
lows:
About 1870 the Rockefellers aldI
FlagIer conceived the purpose Of
controlling the petroleum trade,
both domestic and export. and OBJ
tanning a monopoly thereof. They,
entered into conspiracy to accom-
plish this purpose, which from time
to time took the form of various
combinations. Shortly after 1870
the Rockesellers and Flagler wsre
joined in the conspiracy by Rogers,
Archbold, Payne and Pratt.
The form which the alleged con-
spiracy took is described by the
government as being from 1870 to.
1882 "a combinations between a
large number of manufacturers who
acted in harmony and whose stock
interests were pooled in the hands
of three trustees in 1879" From
1892 to 1899, the form Of the all
legged combination was that OF a
trust agreement, whereby the stock
of large number of corporations
was placed in the hands of trustees,
who managed the property. From
1899 to the present time, the cons
bination is alleged to have taken
the form OF holding company, the
Standard Oil Company OF New Jer-
sey.
Judges Pass on Case.
The four judges in the circuit
court found that the Standard oil
Company was an illegal combination
in restraint of interstate commerce
and was also monopolizing the oil
trade A decree was entered en-
joining the holding company from
exercising any control over the
subsidiary companies. and enjoining
the subsidiary companies from pay
ing any dividends to the holding
company. All were enjoined from
engasing in interstate commerce I'M
it'll the illegal combination was dis
continued.
The court also found that the
Standard Oil:
Produced more than one-tenth Of
the crude OIL obtained in this coun-
try.