Standard Oil Company; Trusts, Industrial -- United States
The independents press on. Occasionally one of them, says a local
journal, unhinged by the loss of property, commits suicide or is taken
to an insane asylum, and another goes down out of sight in bankruptcy,
but the others close the ranks and go on, and now about 4000 men, in a
strongly organized association, are marching side by side towards the
sea--the blue and free.[310]
CHAPTER XIII
PURCHASE OF PEACE
Hunting about for tax-dodgers, it was discovered by the authorities
of Pennsylvania some years ago that many foreign corporations were
doing business within the limits of the Commonwealth and enjoying
the protection of her laws, and at the same time not paying for it.
Foremost among these delinquents stood the principal company in the
oil combination with its mammoth capital, practically buying, refining
and controlling nearly the entire oil production of the State, "and
yet failing to pay one cent into the public treasury." So wrote the
Auditor-General to his successor in 1882. The combination, beginning,
like creation, with nothing, had grown, until in 1883 it was so rich
that, according to the testimony of one of its members, it owned
"between $40,000,000 and $50,000,000" in Pennsylvania alone.[311] But
though doing business in Pennsylvania, and legally within the grasp
of the taxing power, as decided by the courts, this company paid no
taxes, and would not give the State the information called for by law
as to its taxable property. It practised "voluntary taxation." "For
eight years," Auditor-General Schell says, "it had been doing business
in this Commonwealth, and had failed in all that time to file a single
report." "It was not necessary for the department to call upon it to
make reports." The law required these reports specifically and in
details that could not be misunderstood, and that was notification
enough. But year after year the Auditor-Generals, whose duty it was to
collect due contribution from each taxpayer, made special demands upon
this one for reports in compliance with the law, but with no effect.
Public-domain text, read in full here on John Shaqi.
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