Warren sheaf. [volume] (Warren, Marshall County, Minn.) 1880-current, 1911-05-18

less pertinacity and minuteness 81
analysis" said the chief justice, 1T
Is insisted that the facts established
that the assailed combination TOOK it's
birth IN purpose to unlawfully &C
Guire wealth by depressing the pub
lie and destroying the just rights Of
others, and that its entire career ex.
emplities an memorable carrying out OF
such wrongful intents, since, it is as
serted, the pathway of the combination
from the beginning of the time of the
filing of the bill is marked with con.
slant proofs of wrong inflicted upon
the public and is strewn with the
wrecks resulting from crushing out
without regard to law, the Individual
ilghts OF others. !. 1t is as.
serted that the existence of the prin.
cipal corporate defendant, the Stand.
ard OIL Company of New Jersey. with
Its vast accumulation Of property, be-
cause Of its potency for harm and the
dangerous example which it's contin.
ued existence affords, is an open and
enduring menace to all freedom of
trade and by-word and reproach to
all modern economic methods.
Lawful Competition Questioned.
"On the other hand, in powerful
analysis of the facts, it is insisted that
they demonstrate that the origin and
development of the vast business
which the defendants control was hit
the result of lawful competitive meth
DDS, guided by economic genius of the
highest order, sustained by courage. by
keen insight into the commercial sit
uation resulting in the acquisition Of
great wealth, but at the same time
serving to stimulate an increased pro.
duction, to widely extend the distribu.
ton OF the products of petroleum at
3 cost largely below that which other
wise have prevailed, thus proving to
pc at one and the same time a bene-
faction to the general public as we'll
rs an enormous advantage to individ.
uals.''
Government Fully Upheld.
Commenting upon the Standard Oil
decision, Attorney General Wicker
sham said that the court unanimously
affirmed the decree rendered by the
circuit court in favor of the govern.
ment in every particular, save that
give the defendants six months in
stead of 80 days time in which to
comply with the decree.
President Mum on Decision.
President Taft and his cabinet in
the regular session today will take up
the solution of the trust question:"
brought sharply before them by the
Standard Oil decision.
The president himself had nothing
to say about the decision. He wished
he told callers, to read it carefully.
to discuss it with the cabinet and to
lissect it with Mr.. Wickersham. I'm
I'll these things had been done. he
had no opinion to voice.
Frank 3. Kellogg Satisfied.
1T is complete victory for the gov.
eminent" said Frank B. kellogg, of st.
Paul, who, as special counsel for the
government, has assisted in the prose.
cution of the case.
Standards Head Won't Talk.
New York, May 16.-On the steps
Of the Standard Oil building at No 26
Broadway there stood a newsboy cry.
ing STANDARD Oil loses!'' Inside not
an officer of the company would speak.
William Rockefeller seldom talks and
did not break his rule John D. Arch
bold is ill at his home in Tarrytown.
Mortimer F. Elliott, solicitor general
for the company, said that he could
have nothing to say until he had read
the full text of the decision.
Many brokers' offices kept open late
into the night for London accounts. In
similar previous decisions handed
down after the market closed. the
financial powers had been able to get
together overnight and formulate
plans for action in the market the fol.
lowing morning.
John S. Miller, who was chief coun.
sci for the Standard Oil company in
the case in which fine of $29,240, 900
was assessed against the corporation
by Judge Lands, announced that the
decision was not IF general onn1;oo