Standard Oil Company; Trusts, Industrial -- United States
Thus, at a time when the entire movement of oil was at the rate of
only 25,000 or 30,000 barrels a day, and the roads had cars enough to
move 60,000 barrels a day, these independent refiners found themselves
shut completely off from the highway.[149] The Pennsylvania Railroad,
the New York Central, the Erie, and their branches and connections in
and out of the oil regions, east and west, were as entirely closed to
them as if a foreign enemy had seized the country and laid an embargo
on their business--which was, indeed, just what had happened. The only
difference between that kind of invasion and what had really come
was, that "the dear people," as the president of the trust called
them,[150] would have known they were in the hands of an enemy if he
had come beating his drums loud enough, and firing off his two-thousand
pounders often enough, and pricking them deep enough with his bayonets;
but their wits are not yet up to knowing him when he comes among them
disguised as an American citizen, although they see property destroyed
and life lost and liberty thrown wherever he moves.
There was enough virtue in Pennsylvania to begin a suit in the name
of the State against the men who were using its franchises for such
purposes, though there was not enough to push it to a decision. The
Third Vice-President of the Pennsylvania Railroad, when examined as a
witness in this suit, confirmed these statements about the interviews
with himself and the president of the road in every particular about
which he was questioned.
"We stated to the outside refiners that we would make lower rates to
the Standard Oil Company than they got; we declined to allow them to
put cars of their own on the road."[151]
His evidence fills seventy-six pages, closely printed, in the report of
testimony. It was clear, full, and candid; remarkably so, considering
that it supplied officially from the company's own records the facts,
item by item, which proved that the management of the Pennsylvania
Railroad had violated the Constitution of Pennsylvania and the common
law, and had taken many millions of dollars from the people and
from the corporation which employed them, and secretly, and for no
consideration, had given them to strangers.
This testimony is so important that it was reprinted substantially
in full both by the "Hepburn" committee of the New York Legislature
in 1879[152] and the Trust Investigating Committee of Congress in
1888.[153] As instances, it showed that in one case where the rate to
the public was $1.15, this favored shipper was charged only 38 cents.
In another case the trade generally had to pay $1.40 a barrel on crude
petroleum, but the oil combination paid 88-1/2 cents.
"And then the refined rate was 80 cents?"
"80 cents net to the Standard."
"And to all others?"
"$1.44-1/2."
"But there were no other outside shippers," he pleaded--how could there
be?
Public-domain text, read in full here on John Shaqi.
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