Standard Oil Company; Trusts, Industrial -- United States
And, finally, you must put your hand and seal to a statement that you
do this to "reconcile interests that have seemed to conflict" and
"equalize the business," and that this agreement gives you your "due
proportion thereof."
This "free contract" two of the three men who were to make it knew
nothing of until their consent was demanded.
One of the partners had secretly been won over. Through him all
preliminary negotiations had been conducted.
"I was not consulted," testified one of the other two, until after the
contract was "all drawn and prepared," and at first he refused to sign
it. The plan was concocted "secretly and unknown to me."
"I was at first opposed to the arrangement," declared the other.[91]
But this was not all the contract. The President, who, as he
testified, "conducted most of the negotiations," and "had been familiar
with the dealings thereunder," supplemented the written documents with
oral instructions:[92]
You must not seem to be prosperous. You must not put on style,[93] he
cautioned them; above all, you must not drive fast horses or have fine
rigs; you must not even let your wives know of this arrangement.[94]
A false account was opened on the books to conceal the nature and
origin of this transaction from their own book-keepers. In the name of
that account false and fictitious checks were drawn, bills made out,
balances struck. A box was taken out at the Cleveland post-office--box
125--in the name of an imaginary "Mr. G.A. Mason," and through this
box the correspondence of the "adventure" was carried on. Each of the
three parties to the "adventure" continued to march and fight under
its own flag as before. All possible pains were taken to conceal the
fact that they had ceased competition with each other. They kept up
every appearance to the public of being actively engaged in competitive
business. The inevitable spy appears in this scene as in every other
in the play. The "reconciler," to enforce the provisions that the
"reconcilees" should not engage in business elsewhere, extended a
system of espionage over them, and followed their movements, and kept
watch what they did with their money, and made oath to the courts of
the results of these "inquiries and investigations." The espionage
continued after this.
A year or two after this contract had been broken by the help of
the courts, the then secretary of the great oil company, through an
intermediary, approached the book-keeper of the firm which had been
freed from the trust.
"Would you not like to make some money?"
"He inclined to let him believe he did want to make some money," his
employer afterwards told Congress. "He came and told me about it. I
requested that he continue and find out what information they wanted.
He was to have had so much per year, but he was to have been paid a
down payment; he got $25."
"What service was he to render for that?"
"I have a memorandum. There were so many things he was to do that I
cannot carry it in my head."
Public-domain text, read in full here on John Shaqi.
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