The History of the Standard Oil CompanyTarbell, Ida M. (Ida Minerva)
History
The History of the Standard Oil Company
Tarbell, Ida M. (Ida Minerva)
Petroleum industry and trade -- United States -- History; Standard Oil Company -- History
4. They promised hereafter that when certificates had been given for oil
taken into the custody of the pipe-lines, the transfer of these
certificates should be considered as a delivery of the oil, and the
tankage of the seller would be treated as free.[80]
Mr. Rockefeller also agreed in making this contract to pay the
Producers’ Union $40,000 to cover the expense of their litigation. In
return for this money and for the abandonment of secret rebates and of
the pipe-line policy to which he had held so strenuously, what was he to
receive? He was not to be tried for conspiracy. And that day, after the
contract had been presented to the Grand Council, Mr. Campbell sent the
following telegram:
“TITUSVILLE, February 19, 1880.
“TO HIS EXCELLENCY HENRY M. HOYT,
Governor of the Commonwealth of Pennsylvania.
_Sir_—As prosecutor in the case of the Commonwealth _vs._ J. D.
Rockefeller, Number 25, April Sessions of Clarion County, I consent
to the withdrawal of the requisition asked of you for extradition of
J. D. Rockefeller _et al._, the same having been in your hands
undecided since July last and a _nolle prosequi_ having been entered
by leave of Court of Clarion County in the case, and I will request
William L. Hindman, the prosecuting attorney, to forward a formal
withdrawal.
Your obedient servant,
B. B. CAMPBELL.”
The contract with the Pennsylvania which was signed by Mr. Scott agreed,
in consideration of the withdrawal of the suit against the road, to the
following policy:
1. That it would make known to all shippers all rates of freight charged
upon petroleum. [This was an abolition of secret rates.]
2. If any rates of freight were allowed one shipper as against another,
on demand that rate was to be made known.
3. There should be no longer any discrimination in the allotment and
distribution of cars to shippers of petroleum.
4. Any rebate allowed to a large shipper was to be reasonable.[81]
Public-domain text, read in full here on John Shaqi.
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