Morning Oregonian., December 01, 1908, Page 5, Image 5

TIIE MORNING OREGONIA, TUESDAY, DECEMBER 1, 1908.
OURS
STANDARD
oil over
T
irchbold Says Two-thirds of
Product Is Sold
Abroad.
tVHY TRUST VAS FORMED
3ft Moans of Holding Property In
Face of Restrictive Laws Trus
tees of Trust Organized
' Many Companies.
XSTW TORK. Nov. 30. Tr.6 develop-
xient of tho Standard Oil Company's
a-ado In foreign fields a sulijevt of
vldrni-e In the Government's suit to dis-
Iflve the oil combination pave John D.
Irchhold an opportunity as a witness to
iprrad upon the records some interesting
facts. Of the total amount of Illuminat
ing oil refined by the Standard in
Mr. Archbold ftated that 63 per cent was
mid abroad. Kxport figures of otlie-
rears further showed that the Standard
uported the major portion of Its 11
lumfnatlxifr oiL
The line of testimony with regard to
ihe Immense foreign trade Indicates that
9iie of the defenses will be this foreign
trade, which, the company will endeavor
:o show, brings a trade balance In favor
jf the United States. This business. Mr.
archboid went on to say. was secured
a the face of the competition of 400 for
i'.fra companies. Mr. Archbold said that
jrodurts of the Standard reach every
part of the world and further declared
!hat It was the aim of the company to
rrarh direct every consumer in the Far
East, as In thla country.
Put Millions in Pipelines.
Testimony was riven by Mr. Archbold
that durinir the perlor of the Standard
D'J trust the trustees poured millions of
Hollars of the company's earnings back
into the construction of new refineries
ind pipe lines.
Mr. ArciilOid was questioned about tho
S ilas. Keith and Chester agreement of
IST9. Mr. Archbold told 'of the signers
it the agreement and of the property
ueld by certain individuals for the
benefit of the stockholders of the
Standard. All properties obtained were
held by the trustees after the agree
ment had been made. Mr. Archbold told
?f the trust agreement of 1SS3 and
aid that all the shareholders of the
standard and the beneficiaries of the
Vilas. Keith and Chester agreement
tpned the agreement. Mr. Archbold
laid that 2 J trust certificates were
Issued f-r each single share of Stand
rd Oil Company stock.
"The capital stock of the Standard
was J3.;o0.000." said Mr. Archbold, "but
the plants and property were valued
t 70.00Q.O0U."
Mr. Archbold described In detail the
Inventory of the Standard's plants,
property and all assets at the time of
tho agreement.
Reasons for Forming Trusts.
Ail tho plants, generally speaking.
after J573. said Mr. Archbold, were
acquired for cash, lie then gave the
reason for the formation of the Stand,
axd Oil Trust, saying:
"It was done as a simple and effect.
Iv form of holding the property. We
were advised by counsel that neither
tho Standard Oil Company of Ohio nor
any other corporation could effectually
or safely, perhaps, hold tho property,
which was widespread In many states,
whose laws were restrictive of the
rights of corporations. The trusteeship
was suggested as a simple method of
bringing together the property and
forming a token of ownership which
would have a market value and cnahie
the owners to have a more effective ad
ministration." Mr. Archbold testified that the Acme
Oil Company of Pennsylvania was or
tcanized to take over the properties of
the Acme Oil Company of New York.
Mr. Archbold said that llio stock of the
Watere-Pierce Company, which hud been
owned by the Standard, had been trans
ferred to the Waters-Pierce Oil Company
and was now owned by that company.
A statement waa offered in evidence,
giving names f a?l companies now owned
by the Standard, showing the date of or
ganization and the chaiiRes In capitaliza
tions, as well as the properties owned by
the companies.
Trust Formed Other Companies.
Mr. Archbold said that Hip trustees of
the Standard nil Trust, after it orsani
zation. formed the Standard Oil Com
panies of New York ami New Jersey, to
hold properties which had previously been
held by the Standard-Interests. The wit
ness said the Standard Companies of-New
Jersey and New York were still the same
corrpanles as those formed in 1;. The
capital stock of the Standard Oil Com
pany of New Jerwey was SJ.nnO.O'M in 1MX
but was Increased in 1V3 to JlO.'JwV'.o and
in lie to Jllo.OWY of which 110,00, e00
waa preferred.
The vice-president of the Standard said
that the trustees of the Standard Oil
Trust organized and developed many com
panies with the money obtained from tho
trust. Some of the coinpani.H were tile
Solar Refining Company, the StafTdard
Oil Companies of Kansas and Indiana
and the I'nh-n Tank. ljne. Through the
National Transit Company, the Standard
interests constructed the "Buckeye. Cum
berland and other pipeline companies.
Statements showing the companies owned
or controlled by th Standard in 1K were
submitted in evidence.
Meets World Competition.
Mr. Archbold ssid the Standard met
competition in all the oil markets in
the -world, and submitted in evidence a
statement showing the names of com
petitors outside the 1'nlied States.
There were 4" companies competing
with the Standard for the world's mar
ket, said Mr. Archbold, and of these
the capital of H3 companies was not
known. The total capitalization of
147 foreign companies was $274,941,
lti. Of the total amount of Illuminating
oil refined In 190S by the Standard,
Mr. Archbold said that 63 per cent
was sol abroad and 37 per cent at
home.
Mr. Archbold told of the difficulties
in the introduction of refined oils
abroad. There was much competition
from ail oli interests of the Butch
Indies, said Mr. Archbold, and the cost
of maintaining the business in the
Orient was very different.
Aid From State Department.
"Our State epartment has helped us
much." said Mr. Archbold. "In fact, we
have been better treated with refer
ence to our foreign business than with
our business at home."
There Is hardly a part of the world,
said Mr. Archbold. that the Standard
iocs not reach with its products. He
said that the Standard was putting
forth every effort to reach the consum
er direct In the Orient. There are 123
independent competitive refineries of
oil in th country, he declared.
LAY WIRES TO VANCOUVER
Portland Flectrio Company Invades
City on Columbia.
VANCOl'VER. Wash., Nov. 34. tS pe
rls.!.) A force of men is at work for the
Tortland Railway, IJght & Power Com
pany, cutting a way for a cable line
throigh the brush and woods on Hayden
Itland. from tho ferry plip to the bia
railway bridge of the North Bank road.
1 he cable will be carried across the
Columbia on ttie bridge and thence ex
tended to the Vancouver power house of
tho Portland Railway, IJght & Power
Company.
The cable is to carry a 10. 0"0 voltage
and the electricity tliUs conveyed will
be used for the drawbridge on the North
Rank bridge and for furnishing light and
power In Vancouver.
An Interesting question arises In this
connection. Two months ago the Port
land Railway. Light & Power Company
applied to the County Commissioners for
a franchise to put down posts and lay
wires- for the purpose of furnishing light
to the residents in an addition t(rthe
city on th? north. The Commissioners
granted the franchise asked, but they
Inserted a proviso that the electricity
used must be generated in the State of
Washington. At the t'oun-jr Auditor s
office it Is given out that the electric
company has not accepted the franchise
as amended. The matter will come be
fore the County Board this week.
CHENOWETH GIVEN $5000
Jury Awards Sum for Loss of Use
of Arm.
I,OS ANOBI-.ES. Nov. 30. In the suit
of jeorge M. Chenoweth against the Salt
Lake & Pacific Electric Railway Com
pany for $2.m) damages, a jury in Judge
Uouser's court late this evening returned
a verdict awarding the plaintiff J."000.
The. case was made conspicuous from
the fact that Chenoweth claimed that his
right arm was Injured so badly as to be
useless. "whfTe during the trial a Juror
reported that he had seen Chenoweth lift
his hat to a lady on the street, .using his
right arm in the act, and later had fol
lowed him to a restaurant and watched
him cut a restaurant steak with a ktTrfe
held in his right hand. The judge dis
missed the Jury of which this man was
a member and after securing another jury
the trial was resumed and the former
Juror called as a witness by the defense.
COURT SITS IN PRISON
Morse's F.vidcnoe Taken at Tombs
in Bankruptcy Case.
NKW TORK. Nov. 30. The office of the
Tombs Prison was transferred Into a
courtrom for a brief period today when
Cbarls W". Morse was produced before
Referee: Edward O. WhitaKer on a writ
of habeas corpus to testify in the case
of the failed brokerage tirm of Whifhey
u Kitchen. The' assignee of the firm was
present. It is said that Morse owes the
firm
The examination was adjourned until
Saturday to give Morse an opportunity to
look over his papers and bouks in regard
to his transactions with the nrm.
PHEASANT SEASON CLOSES
Birds In I.inn County Scarcer Than
for Years.
ALBANY. Or., Nov. 30. (Special.) The
China pheasant season closed today and
the birds are scarcer than at any time
in many years. Hunters have found
great difficulty In bagging any birds at
ail for the past month and they have
been scarce all season.
When the open season began the birds
were very wild, which indicates pre-sea-son
hunting
Northwestern People in New York.
NEW YORK. Nov. 30. (Special.) North
western people registered at New York
hotels today as follows:
From Portland . L. Anderson, at the
Hoffman; H. K. Shoemaker, at the Hol
land: I. A. Goddell. at the Imperial; C.
U. Charles, lit Hotel Astor.
From Seattle W. P. Armstrong, at the
Albany; E. A. Smith. Mrs. E. A. Smith,
at the PlHza.; V. K. Tull, Mrs. V. E. Tull,
at the Murray- Hill: G. E. Pulham. at
the Imperial; S. Robinson, at the Marl-bovouirh.
DAVIS is on mint
Charged With Murder of Dr.
Frederick T. Rustirr.
SECURE JURY TOMORROW
In Case of Convict ho n State "Will Not
Ask for Infliction of Death Pen
altyPrisoner's Family
Is Prominent.
OMAHA, Neb. SO. The trial of Charles
E. Davis, charged with the murder on
the night of September 1, 190S, of Dr.
Frederick T. Rustln, a prominent physi
cian of this city, was begun In the Dis
trict Court before Judge Sears today.
Much Interest is felt in the case on ac
count of the prominence, not only of the
man for whose death the defendant Is
held responsible, but also of the family of
the defendant.
Good progress was made In the effort
to secure a Jury and whencou rt was ad
journed today 48 talesmen had ben ex
amined. Of these 21 were excused for
cause and IS peremptorily challenged. The
jury-box was full and the state had two
challenges left and the defense four. The
opinion was expressed by the' attorneys
that the Jury "would be competed before
noon tomorrow.
Will Not Ask Death Penalty.
The feature of the proceedings oday
was the fact that In examining tales
men. County Attorney English asked
no questions as to their feelings re
garding capital punishment. This Is
understood to indicate that in case Da
vis is convicted the state will not ask
for the death penalty.
The defendant was aocompnnied to
court by his brother. F. H. Davis, vice
president of the First National Bank,
who sat by his side during the exami
nation of the jurors and watched the
proceedings carefully and once or twice
took part in the conferences of the at
torneys for the defense."
The prosecution is being conducted
by Attorneys James P. English, for the
countv. and his deputy. A. G. Ellick,
and the defense is represented by At
torneys AV. F. Guerley, J. W. Wood
rough and J. W. rarlsh.
LAST TRIP FOR HORSECAR
Albany Railway Makes Way for
Electric System.
ALBANY, Or.. Nov. 30. (Special.) Al
binv's old horsecar. famous along the
entire Southern Pacific system, made Its
last run this afternoon. Work on the
electric line has progressed so far that
the horsecar cannot reach the business
section of the city and its use was dis
continued today.
The last trip was a historic Qne. A
crowd of more than 60 business men
boarded the car at Second and L,yo.
streets, overflowed the interior and the
platforms, climbed on the roof and even
rode the horses, as the car went on its
last trip at 3 o'clock.
Electric cars will be running within a
month, and the old horsecar, which has
given Albany the unique. If unenviable,
reputation of having the only horsecar
on the Coast. Is In the barn forever.
REFUSE TO SERVE NEGROES
Albany Walters Accept Alternative
and Are Discharged.
AliBAST. Or.. S"ov. 30. (Special.)
Rather than serve negroes, Harry Tracey
and Charles Summers, waiters at the
Royal Restaurant, in this city, gave up
their positions today. Yesterday at din
ner Tracey refused to wait on four ne
groes who are singing at the Empiro
Theater, and Summers refused to taka
his place. Both waiters refused to serve
the negroes again today and accepted
the alternative of being discharged.
CASE MUCH COMPLICATED
Accused llorso Thieves Accuse Each
Other in Moscow Conrt.
MOSCOW, Idaho, Nov. 3a (Special.)
Stepfather and stepson. polntly in
dicted and together put on trial In the
Federal Court this morning, but oppos
ing each other and thus creating a
three-cornered fight with the Govern
ment on one side against them both
and accusing each other and both
united against the Government, Is the
condition prevailing In the caee of the
BIHTHSTONE
RINGS for
CHRISTMAS
BIRTHSTONES
January
GARNET, $3 up.
February
AMETHYST, $3 up.
March
BLOODSTONE, $3 up.
April
DIAMOND, $5 up.
May
EMERALD, $3 up.'
June
AGATE, $3 up.
July
RUBY, $3 up. ,
August
SARDONYX, $3 up.
September
SAPPHIRE, $3 up.
October
OPAL, $3 up.
November
TOPAZ, $3 up.
December
TURQUOISE, $3 up.
You will find a beautiful
assortment of Birthstone
Rings at my store, ranging
in price from $3 up. No bet
ter values offered in Port
land. An inspection of our cut
glass pieces and a comparison
of our prices with what oth
ers charge for pieces less at
tractive, will convince you
of the high character of my
stock.
Without exception, there is
no display of sterling silver
toilet articles in the North
west that shows as fine sets
and pieces as you can see at
my store. These goods are
all reasonably priced and
should be seen by you who
contemplate the purchase of
something of this character
for Christmas.
ARSONS OK
Z34 Washington, street
United States against John Relckman and
Charles Ike.
Relckman and Ike were arrested a
month ago by the Indian police near
Sprague with 15 bead' of horses. Charles
Ike is a Yakima Indian, who married a
grass widow and a daughter of IJttle
Coyote, a Coeur d'Alene Indian. John
Relckman is a white man, but claims
Cherokee blood. About half the horses
stolen belong to IJttle Coyote.
The story le that Little Coyote, the old
Indian father and grandfather of the two
women, when he learned who the men
were who drove away his horses, to save
them from prosecution, took the position
that he had authorized them to take his
horses and sell them for him.
RETURNED FROM SALEM
Detective Brings Back Grant Rol
lins Conscience-Stricken, Forger.
Grant Rollins, 24 years of age, whose
conscience pricked him to such an ex
tent that he voluntarily gave himself
up to the 'officers at Salem, was . re
turned to Portland by Detective Hell
yer last night. Rollins was wanted
in Portland for obtaining goods by
false pretenses. He is said to have
The Best GougFi Cure
A half-ounce of Vlncln OH of Pine, two
nurcM of Glycerine and a half -pint of
Whisky, mixed, will cure any cough that is
curable and break a cold in 24 hours. Take
a teaspoon ful every four hours. Ask your
druggist for the genuine Leach's Virgin Oil
of pine compound pure, prepared and guar
anteed by the Leach Chemical Co., Cincin
nati. O
-you can save
on a tauor
you buy- it this
half
e suit if
k
All
All
All
All
All
All
We arc cleaning up our stock of Winter goods
and offer you a reduced price on every Suit
in our stock. These reductions are as follows:
$50 Suits, This Week at $37,
$45 Suits, This Week at $32.
$40 Suits, This Week at $27
$35 Suits, This Week at $22,
$30 Suits, This Week at $20,
$25 Suits, This Week at $ 1 7.
.SO
.SO
.so
.so
.oo
We can't urge you too strongly to come in early to select
your suit and be sure that your pattern hasn't been sold.
EXTRA SPEC
We purchased a special lot of Suit Patterns in full bolts from one of the best mills,
at a price that enables us to save you half on the cost of your suit. All new Fall
and Winter patterns, most popular weaves, cheviots, cashmeres and tweeds.
Suits that cannot be duplicated in other shops for less than
OO Are offered dur
ins; this sale at
S17.SO
GRANT
PHEGLEY
Mgr. '
v par m n i
OOLE
(D,UC3
SEVENTH
AND STARK
STREETS
forged the name of local firms to fic
titious orders and to have obtained
thereby several small articles of little
value. He fled to Salem and there
surrendered. '
The woman who does
Jier own work ought to
have the very best of
everything to do it with.
Take this matter of
dish-washing, for ex
ampleit pays 4o use
Ivory Soap even for that.
Ivory Soap cleans the
dishes as thoroughly as
any soap can; while, at
the same time, it is so
mild and pure that it
does not injure the
hands.
Ivory Soap
994loo Per Cent. Pure.
s
"My conscience hurt mo so I had to
fclve myself up," he said to the officer
last nigrht. "It is the first time I ever
did anything wrong and whenever I
saw anyone looking at me I thought
he knew of my guilt."
VANCOUVER, Wash., Nov. SO. (Spe
cial.) Joseph Availing, attempting to
jump off a streetcar while it was in mo
tion, fell and broke a hone in '' iw
knee.
G. P. Rummeiin & Sons
m!$ ' 1 F
126 Second St., Between Wash
ington and Alder
Established 1870.
CORRECT STYLES
-IN-
UR GOATS
Made in Persian Lamb, Mink, Astra
chan, Alaska Sealskin, Beaver, Otter,
etc. Fur Neckwear and Muffs in Black
Lynx, Mink, Otter, Beaver, Ermine,
Sable, White Fox, etc.
Fur Rugs and Robes
Store Open Saturday Evenings.
If you will mail or bring
into our store the at
tached coupon, Ave will
be pleased to hand you
one of our
NEW ILLUSTRATED
CATALOGUES
The edition is a work of art
and contains valuable infor
mation for Xmas Gifts.
Vv
Z2t2
MANUFACTURING OPTICIANS
' COR THIRD ft WASHINGTON 5TS
Please mail to my address,
one of your
New Illustrated
Catalogues
Name . .
Address
I NEW FASHIONS
IN
GOLD JEWELRY
STICK PINS
The latest designs, mounted
with amethysts, topaz, coral,
iade or cameos.
From...$2.50 to $50.00
BROOCHES
A variety of great extent to
au aim an Aiit-ao. j. ug
long bar pins are quite prop
er now. '
From 3.50 to $100.00
BRACELETS
Plain or fancy, in all widths,
mounted or unmounted.
From... $8.50 to $50.00
1868
1908
A LADY'S
GOLD
WATCH
$30.00
IN I4-KARAT
SOLID
GOLD
A GENTLEMAN'S
GOLD
WATCH
$50.00
,"We have them at
a less or greater
price, out to sat-.
isfy the purse for an appropriate Xmas Gift we recommend these. "We provide the reli
able Elgin, "VValtham or Swiss movements and call particular attention to the cases. They
have the weight, the workmanship and value and a Feldenheimer guarantee to assist in
the time and wearing qualities. You'll find that your money is invested in the right way.
PHONE
MAIN
102S
CORNER THIRD AND WASHINGTON STREETS
Manufacturing Jewelers Opticians Diamond Importers
PHONE
A
5025
SILVER
TOILET
WARE
Our variety is complete And
embraces every desired ar
ticle. Patterns are the best
of the designer's art and
prices will satisfy for the
high character and style.
ROCK
CRYSTAL
CUT GLASS
An ideal gift. Must be seen
to be appreciated. Ideas are
bowls, dishes, candlesticks,
sugar and creamers, vases
and spoon trays.
ROOKWO0D
POTTERY
Of National fame, in a great
display of the newest shapes
and colorings. Every piece
stamped with trade-mark to
insure genuineness.
A
m 108.2