Standard Oil Company; Trusts, Industrial -- United States
The debate upon the recommendation of the committee not to investigate
was impassioned. Senator Hoar said: "The adoption of this majority
report ... will be the most unfortunate fact in the history of the
Senate." When the vote of the Senate not to investigate was announced,
Senator Edmunds turned to his neighbor in the Senate and summed up the
verdict of posterity in these words: "This is a day of infamy for the
Senate of the United States."
The same Legislature which sent Senator Payne to the Senate defeated
the bill to allow the Cleveland independent refiners to build a pipe
line to furnish themselves with oil. The defeat of the bill was
accomplished by a lobby whose work was so openly shameless that it
was characterized by the Ohio press "as an indelible disgrace to the
State." The bill was one of many attempts which have been made by
the people of Ohio and Pennsylvania, without success, to get from
their Legislature the right to build pipe lines. It has been tried to
get laws to regulate the charges of the existing lines, but without
success. The history of the pipe-line bills in these legislatures
for the past ten years has been a monotonous record of an unavailing
struggle of a majority of millions to apply legal and constitutional
restraints to a minority of a few dozens. The means employed in the
Ohio Legislature of 1885 to defeat a bill giving equality in pipe-line
transportation to refiners in competition with the oil trust, which
owned the existing pipe-lines, were of such a sort that that body has
gone into the history of the State as the "Coal-oil Legislature." It
is stated by Hudson, in his _Railways and the Republic_, that the
Democratic agent of the bribery openly threatened to publish the list
he had of the members of the Legislature he had purchased, and that in
consequence of this threat proceedings which had been begun against him
for outraging the House by appearing on the floor in a state of gross
intoxication were abandoned.[573]
In a debate about combinations in trade and industry--trusts--in the
United States Senate in 1888, the sore scandal of this senatorial
election of 1884 was disinterred.
"If there be such a trust," said Senator Hoar, referring to the
oil trust, "is it represented in the cabinet at this moment? Is it
represented in the Senate? I want to know the facts about these five or
six great trusts which are sufficient in their power to overthrow any
government in Europe, if they existed in those nations, that should set
itself against them--the coal, the sugar, the whiskey, the cotton, the
fruit, the railroad transportation of this country, controlled by these
giant chieftains."
Public-domain text, read in full here on John Shaqi.
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