The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-05-17

sia contributed something like IS to 90
per cent OF The Income. From this IL
appears 10 me that Rockefeller is
So Sonethins mn OF a man to have rounded
up the greatest industrial enterprise
the world has ever known. The fact
.hat ne Is an American and this money
great part OF 10 went into other in =
stitutions Is evidence to my mind that
!. IT, would be better 10, have him do this
should have located in China. and
made the people of this country con-
tripute 70 such corporation In the
orient" of course. the law must be up
held II was not right to have forced
the smaller producer to sell out to the
trust, by putting the price OF the oil
down in the field affected and making
reached by the small producer still
it has given the people cheap oil and
probably a better quality. and when
capital capital can combine and give the
working classes a cheaper commodity
it is a benefit 10 the masses, of which
no one can complain.
S. II. LOYE-Thc decision means that
the United States government is bigger
than any corporation. and must remain
bigger than any corporation. 1t also
means that the government or the
United States is big enough to handle
any proposition that may confront It
do not think that the decision will
have any detrimental effect on capital
invested in corporations. The decision
VIII doubtless have good effect on
the country at large. as we'll as on
capital
COLONEL i. a. WALL prefer to let
the lawyers work this thing out. They
know more about IL than 1 do. l be-
have a quieting effect on business
generally.
JOHN c. CUTLER-I think that 1t will
improve business conditions If any
thing; The. people have been waiting
ests have been playing waiting game.
and now that they know the result of
the supreme courts deliberation 1 be-
lieVe that money Will be easier.
KNOX-Whlle the decision will
not affect us very much locally, the
general effect throughout the country
will be good. The decision will not
affect the physical condition OF the
company, but will affect the manner OF
holding the stock.
r. T. BADGER-I rather think that the
decision has been thoroughly discount
ed by the money powers In the mar
ket. and | do not believe IL will affect
us a particle. The decision was just
as 1t was expected ii would be,
May Settle Conditions.
FARLEY l.. WILLLAMs-The opinion
handed down by the supreme court is
what have been expecting; There has
been no question in my mind that the
highest court Ol ttlt Wuutu
tain, in the main. the opinion OF the
lower court in the Standard on COM
pany case,
do not think that the delayed opin
ion OF the supreme court has had as
much To do with the business depres-
sion OF Athe country as some would
make 1t appear However, the decision
may go 10 help TO settle the business
conditions which exist throughout the
country today. | do not think that
capital need take alarm at the decision.
nor do | think that II need be timid
in investing In corporations.
". s. MCORNICK-The decision Of the
supreme court In the Standard Oil COM
pany case will have the same effect
here that il will have in every other
part OF the country. ] have no doubt
thai business will increase right away.
as the decision has been rendered and
the people know what 10 expect, and
what they Will have 10 meet. l be-
lieve II will stimulate all lines of busi
ness almost Immediately.
F. A. MAYNARD-The decision handed
down by the supreme court clears UP
the corporation situation more than
anything that has yet been handed
down by that court, The corporations
now know what the law is and what
will be expected OF them in its OBJ
servance. 1t also shows that the gov
crnment is supreme in all cases OF this
character. The decision only affects
those corporations that have been oper-
ating in unreasonable" and undue
restraint OF trade, and not every COR
poration, | believe that the business
OF the country Will boom as a result OF
the decision.