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
_A._ No, sir. I had a great many communications with individual
producers; I think with more than half the producers, estimating
them by the quality of oil produced.
_Q._ State what occurred.
_A._ I have corresponded with them and in that correspondence they
have expressed their belief that the proposed plan of the South
Improvement Company would work greatly for the benefit of the
producing interest; that there was something greatly needed for the
producing interest, and that it could not thrive without something
of this kind, because it could not pay fair, living rates, for
transportation to the railroad companies at the price oil was
bringing, and that there was no likelihood of oil increasing in
price under the existing condition of things; that the railroad
could not always, of course, continue carrying at a loss.
* * * * *
_Q._ Will you give the names of the producers who proposed to join
the South Improvement Company, or who expressed themselves
favourable to the plan of that company, in addition to the name of
Mr. Mitchell?
_A._ I could give you the names of several of them, but I do not
think their lives and property would be safe. They requested me not
to mention their names because they thought it would be an imprudent
thing to do.
_Q._ You refuse, then, to give the names which you say you could
state?
_A._ I refuse to give the names for the reason I have stated.
_Q._ Are there any of them you are willing to mention?
_A._ I will look over the letters and see whether there are any of
them not marked confidential. If there are any not so marked, I will
give you the names.
_Q._ Why do you state to this committee that you are not willing to
give the names of the parties to whom you refer, when you state that
a great many producers were in favour of this plan, and were
consulted in regard to it?
_A._ I stated it because it was a fact.
By Mr. Sheldon.
_Q._ Did the danger to the lives of these parties arise from the
excitement in the Oil Regions in consequence of these proceedings?
_A._ Yes, sir, one of the presidents of one of the committees
representing the producers was in New York, a Mr. Patterson. He
stated, as I understood, to one of the railroad officers, that he
did not think my life would be safe if I were to go into the Oil
Region, although he himself would not take it. I had received a
number of threatening letters, but I did not attach any importance
to them until Mr. Patterson made that statement.
By the Chairman.
_Q._ What was the reason given why your life would not be safe?
_A._ I do not know that the reason given, I think by Mr. Patterson,
that there was such an unreasonable excitement among the people as
to the nature and object of the South Improvement Company, which was
represented to them to be a measure altogether hostile to them.
Public-domain text, read in full here on John Shaqi.
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