The Caucasian. (Clinton, N.C.) 188?-1913, 1911-05-18
STANDARD OIL LOSES
Supreme Court of United
States Hands Down Decis-
ion in Case Atai'
Oil Trust.
DISSOLUTION IS ORDERED

Gears Decided That tAe ssAna&ra 81
Comp~ay ef Sc~ s~~~~y d. . osa-
spar.ey OF Moeosoay In R~~sr@ins
os Tr~ae-N@. = I.ons and H~rsi-
Fought Ca@e-coart Also snxt.ins
safety Appliance Art--No D~easaaa
in Case Against the Am~xse~a To-
baeoo CompAny-Is~ei~aoa Aas lie
Handed Down GA MAY -.
Washington. ID. C.. Nay 1.-THE
Standard oil Company ot Aes Ier~
sey and It's nineteen subsidiary cor
porations were declared to-day bs
the Supreme Court of the United
States 10 be = conspiracy and comol-
nation In restraint Of trade. IL also
was held TO be monopolGxsng inter
state commerce In violation OF the
Sherman antitrust Law.
The dissolution OF the combination
was ordered TO take place within SIX
months.
Thus ended the tremendous strug-
gle OF years on the part OF the Gov
ernment TO put down by authority Of
law a combination which il claimed
was a menace 10 the Industrial and
economic advancement OF the entire
country.
AT the same time the court inter
preted the Sherman antitrust Law so
as TO limit its application 10 acts of
undue" restraint OF trade and not
every" restraint of trade. II Was
on this point that the only discor-
! dant note was heard in the court.
/ Justice Harlan dissented. claiming
! that cases already decided by the
court had determined once for all
that the word undue" or ''unrea-
sonable," or similar words, were not
/ in the statute. He declared that the
reasoning of the court In arriving al
its finding was in effect Legislation
which belonged in every instance u
/ Congress and not to the courts.
Ever since the degree in this case
! in the lower court, the United State
Circuit Court for the Eastern Distric
os Missouri was announced, hope has
been expressed by the "busines
!. world" that the law would be modi
| fed as not to interfere with what wa
designated honest business. To-nigh
. that section of the opinion calling 70
the use and rule of reason" In ap
, plying the law is regarded in man!
quarters as an answer to the "busi
ness world"
Opinion Contains More Than Twent!
Thousand Words.
The opinion of the court was an
nounced by Chief Justice White. Ii
printed form it contained more thar
twenty thousand words. For nearly
an hour the Chief Justice discussed
the case from the bench, going owe
most of the points in the printed opin
ion, but not once referring TO IL II
J order to refresh his memory. Be
fore him sat a distinguished audi
ence of the most famous men OF tbs
country. Senators and Representa-
ti7es left their respective chamber
i'm the Capitol TO listen to the epoch
making decision of the court. Mos
} eager to hear were Attorney-Genera
Wickersham and Frank B. Kellogg
special counsel OF the Government
who had conducted the great fgh
against the Standard Oil. None o
the brilliant array of counsel for tn
: corporations or individual defendant
, were present in the court during tn
! reading of the opinion. To-day, a
| on previous decision days for month
( past, rival broker agents with mes
/ sengers in line to the various teie
> phone and telegraph instrument
: throughout the Capitol were ON hand
| but to their dismay the announce
ment of the decision was not begul
: until an hour after the closing OF tn
: stock markets.
t Decision i'm Case Against American
Tobacco Company Expected Ma
10Th.
i Many expected that the decision O
: the court dissolution suit against IN
!, tobacco corporations would be hand
q ed down Immediately after the decis
, ion in the Standard Oil case. TIL
was not done, however. but the dc
q cision is expected on May 29th, Tn
last decision day of the court unit
: next October.
i The opinion OF the court to-da
!, was construed to mean that the tt
: bacco case, like every other case !
which restraints of trade are alleges
: must be subjected TO the new test {
reasonableness OF the restraint. q
:. laid down in the Standard Oil d.
4 cision-
) BY far the greater portion OF th
: opinion of the Chief Justice was d.
: voted to the justification OF the coul
: in requiring that the rule OF re-
= son. be applied to restraints In trad
{ &. Il = 1s<s - f.& s<.v