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WHO WILL SUPPLANT THE OLD PILOTS OF STANDARD OIL? r> TAXDARD OIL" Is a namd to conjure with in all the finari- J oial markets of the world, as potent a name to brins to bear in the interior cities- of _the United States as it is in far off trade centers in the Malay peninsula of Aelb. The attention of the whole industrial world is now being; focused* \u25a0\u25a0on" the giant corporation in its fight for exist ence against the government.' and while this, its greatest and most im portant fisht, is being: made,, the "news ' became public that its; most /recent master mmd — H. IL Rogers— had been stricken. Later it was said by all , the friends of XL 11. Rogers that he, would jicver ap^ain ho. active in business. "His business career is ended," was the-de scription given me by one of his most intimate friends after he had described the character of the illness which'sud denly foil upon Mr.; Rogers after his return from Europe last summer. -It \u25a0was a serious lesion, the doctors say, that resembled oiilxer a paralytic stroke ,or apoplexy. Whatever it may be.-.-Mr. Rogers has been enjoined from taking up active business or engaging \u25a0 his mind in anything that would cause any worriment or strain. ,- • V So it happened that in the midst 'of , the fight the most active mind: In; the management has passed out. following dozens of others of the old .gtiard^'of ,* the Standard oil . company - who . have ajlowed the responsibilities of man- , agement to fall on younger shoulders.' Who will supplant the old pilots of Standard Oil? The retirement \u25a0'•ol^Xlr.' Hoffers from active participation/ In the. J affairs of the world's greatest Indus trial organization has brought -vividly before the minds of the publio the Question, Who are to be the successors : of these Xestors of the - oil /business : who have aged and are practically In retirement? Who Is to become the fight ing head of the organisation and assume \u25a0 the position held for many >years byV 11. XI. Rogers? Who Is to be the leader ~ of the Standard oil company and take the place of the elder John D. Rocke-/ y feller? Who Is to he the • great tr ganlzer of th© refining business -and succeed where the "old" ffuard 'also suc ceefled? Every one will 6ay In all orobabllity that the younger 60ns of the old Standard oil crowd of the; sixties ''and seventies win take the. places, vacated fey their parent*. Win John feller's son, John D. Jr., become a great . captain of Industry, president, of the \u25a0 Standard oil company? 'Will young Harry Eogers, «on end heir of H. H. Rogers, become the \ vice -president of" the company, fining.-, the ehoeg of 'his father? ;\u25a0->\u25a0):;,', ' *• -;.,' Many also are likely to beLeve that the son of John D. Archbold wlir suc ceed to the -place vacated by his father when ah&i event comes to pass. It is true that young John D.' Bockefeller is a director in the Standard oil iCpmpany^ ; the highest position 'to wtxlch a worker" Sn the ranks may aspire, but John D. Jr. would be the first to deny that he would assume the position of djrecting the immensely Important affairs of. the concern. William Rockefeller, brother, of John '\u25a0\u25a0 D., has two eons, one. of whom Is nom inally In the "oil" business, as it la called at 26 Broadway. This son is Wniiani G. Rockefeller, who has-been called as a witness In the government tttrlng. But William G.. although. he !s nearly 25 years old, doe* not earn &S7 salary from th« Standard oil com. uaay as yet, and he , Is popularly be- • Sieved to be •la the employ of ' his father. His brother, Percy Rockefeller, who, like William G. Rockefeller, Is a. tollego man, has not entered the em ploy of the Standard oil', company. Those who have met the young man . Btate that he. is one of the brightest of the younger generation of the Standard oil magnates and predict* for. him a /?reat business career. It -will be as a t»anker, however, that Percy- Rockefel ler will later become known in the financial and industrial world rather than as a practical oil man. Already he is Interested in railroads, and it is only a few ) weeks ago that he was chosen a director, of the Chicago, Mil- v waukee and St. Paul, to succeed \u25a0to the ' vacancy created by the death of Samuel - Bpencer, the late president; of * the "\u25a0 Bouthern railway. William G.Rocke •feller, his brother, is also a director-in the Union Pacific - _ , . ; : _ Harry Rogersis mucli the youngest . of the several 60ns of Standard oil men; forming the second generation, but he has no experience in the refining and merchandising:, of oiL , He,- too. Is- not. an "oil man," and is more interested, in the management of several collateral tines of business in which his, father is heavily interested. Me is, for 'example, ; t director of the. Amalgamated. copper company and a director of the Na-, Monal Copper bank. It: is regarded "as *:kely that youngißogers will devote/ fjorc of !iis tirno, to conserving the in- -. lerc-Ets of *ii« f.ilher" In* various'busi *esses tiian follouins.the footstepsof tis father .in oil. '" ..^ . . The eon of John'D. 'Archbold Is In the/; ill business 4 aad:' draws a/ salary.; from" the Standard oil company. ,ißut he.Jias ; compeCitlon from, thousands " of <young. men/to -whom the positions of .'prefer ence will be. given sh'buld .they'-show^a greater .degree". of umerit In|*hefedisf| charge >of -. their; dufiesr.r \u25a0 ThatVybiing * Archbpldis' being, watched bj-his'fatirer..' and- being lhelped 'alpeg* Is bpxite /pijt : .bj- ': t tbe fact* that ; w^erf'.tbe Morgan-steam- ship«combinationf wished tofcbtalri tlie good .will/ of the Standard .foil ; company. the Jnttrnational-./mercaniife!: './roarlnV company .suggested j:tha^- tWe'v Standard^ oil cqinpany -name a» director ito go on' tfcer&pard; It was young- air. Archbold •that was selected and h^is-now*'a % 'di- ; .-rector; on -the. board/: v^'^iSi-'*.^' 1 : So- much for the second'-geheration of • Rockefellers, Rogerses; and AVchbblds; : but,' going further, let one become .ac Quainted with the. leading men' in Ithe, Standard oil company: when it was in its constructive stage,' and "then -ob serve, if any of , their, sons are"Mn;the saddle now takfng up'the/'duties^apd? responsibilities of their/slres. : lilt? will* be shown that the second" generation; of , Standard oil has not' proved ritself >toibe.J the enthusiasts: and the*/hard*wbrker,s'j that the parents were/and>th'atVotiier j men have', gradually ' stepped' Jnland'oc-f cupied the positions -.of -prominence. -* -V 5 ; The men who really /constrjucte'd;the- Standard oil Gdmpariv, \ who " f ought . its \ early battles/Tforried their antagonists,"' captured .the \u25a0expoft^olLj trade .of- the x world and vthen gfaduallj-j retired 'are •' John D. 'Rockefeller,*. .Charles y- Pratt, Henry- M.; Flagler.-H/ H ; --Rbgers, % John D. Archbold and William \u25a0 brother of John D. Rockefeller/'- With the exception of- H.>H;,Rogers r aiid : Mr. Archb'old" none :of i these •" men! are >, now : . in the active employ, of 'the 'Standard ; oil company. • , ./ . < \u0084 \u25a0• John D. Rockefeller .^nominally .V is : president of the company,- but he draws* no salary. -Only a few days ago he vis-* ited the great granite building. In* lower. • Broadway,; for the' first' time i in' eight" years.' Ma.hy.a.time'inithat^eriod'he has asked*to3 be relieved- of ;>thevhbnor of : the- position -which him? so: much into, the public 'eye,' but his asso ciates would not consent. :Oh : account I of the enormous holdings -of; the elder Rockefeller.an-the.stocki'of- the/com pany. It ;Is I regarded ,as tlikely -that^his eon.'.John D.> Jr.,; was Jgiven ;a position : in the board of directors, but/like his father, he draws no; salary. it * is learned that every :/director Kof the Standard p;i company receives a salary 0f^525,000 a year.. but. the sum is. paid only to thoee who take an 'active part ' la the . direction of the company's af fairs. Because Jof | ill fc health I and 1 his § devotion to Charity and other pursuits ' the- younger Mr. Rockefeller sdoes5 does not attend strictly to the duties of any par ticular department of the Standard oil company; consequently he receives no ' salary from the corporation - rt f C t h h a - rI Kt» P / at *' °?e? c of lh ? Sunders : v * , Standard oil company. Is dead but he -has two able sons in :tbe-bS?.' ness, whohave proved themselves by their merit . and, strict /application Ito business to be worthy sucoessers of aieir father.. In 'fact,' Charles M " Pratt, the older offthe two sons : form- : ing the second generation,. ls; nt>w sec retary- of the company, besides' being a director. The \u25a0 estate rof the elder • Pratt held' 22,802 s shares . of stock- of the company, but the young : man,. the ; secretary, has accumulated 5,000 shares of -his own, . which : stand in < his r own name. • . •-• Herbert Pratt, the \u25a0 younger .brother,^ I§ in the refining department- of- the : Standard oil' company, ; and s has learned ; the business from- the 'ground floor up \u25a0 Both in .their: younger.: day's, 'after graduation from»college, -wore- Jumpers in the * employ of-; the : company, ; and. the : zeal they displayed has 'been rewarded. \ The family is now one of/the wealthi est In theiUnlted' States, yet L few;have \u25a0 heard of/ the -Pratts* of Charles M. ; Pratt has siow two sons . at - college, who 'form the third v generation ?r? r of Standard : oil. \ but It* is \ too .early to ascertain whether;* their » business- : In- •'\u25a0 clinations-* will.be along/the' same lines^ as \ their • father and r grandfather. " i \u25a0 Henry.t M.: Flagler, another ; of the ; founders of the Standard' oil /company -'S long ago retired . t rom \u25a0 j active - partlci- -. pation in- the. "management /of \the; company. He \is much>. th» of the .- old Standard / oil C coterie, ; and i Is ' nearing \u25a0 his eightieth birthday. " ; He has • no 'sons in the* oil business and ? his - interest is, occupied byjthe construction^ of i railroads; to 7 the; Florida; keys,/ be-^ sides the : maintenance of i hotels in 'the \u25a0 winter-resortfdistrictsrof iFlorida.. .Oil- ; yer^ H. ; Payne sis a ; bachelor !and ithere I is no one t in .theVemplbyj of »the ] Stand- • ard . oil company Uoiwhoa; he -wilUbe- 7 stow -his :. great /interest ; i»- Vcom-?; pane's' etock." /^ : \u25a0D. M. Harkness/^another of ;the Fmen who made :the!fS^j^da t r^^il^^r^4M^A^''' long ago ahd^,w_as" succeeded by,'lfj4^*obV ;&}',W/-liaVknfess/A:^hel i Ha);k^fcssfest l at^^ is.; next to r John- 'D." Ro'cke"f ell^r ;'i the'- larg'r" •«st holder. /of .Standard^ oil •stock. C, "W/ Harkness.' is • one of the younger men who^are directors of .' the company, [ but he^h'as'* no, sons "jin^the '-employ Jot ,;the institution. ;t Mr.\ Harkhess~ can ' be * de pended-: upon \u25a0 for • many. -.years >to -come, • %nd,'?Hke^ -''th'e.^ younger *Pratts/; he .is ' among /the ''few,' sonsVof /theVorigirial'- Standard -oil i men*- who; are now/ laking j an and^prominent : part- ln : ;the affairs; of; the company.':./ . tit- will '.be.s een.v therefore, . from { the" above Jthat ; the;, old \u25a0guarch'of the : Stand ard^ oil/ company. *has>" -slowly '\u0084' passed; out* of.- the 'imahagementAOf j the : com*' pa'ny, although* th6ir stock interest has' been^almosf. sacredly: held.* ,Who,Uhen, ' is -managing jtlierStaridard' oil ' company _today ? ' ' The 'names } of 'the >old guard "appear lon the ; , directorate,' \u25a0• but; s these' men : take butf- ajt passing - interest \in its ; active '•: affairs. ,^ Tlicir; advice i is " sel dom asked and : the 'Organization goes on making tmore^moneyfithan ever. -' :-v: -v I The J Sunday ' Call;; was fable ! to J obtain I last' week"the ! . names \of fthe.': Standard ; oil f: men- who^ now ' conduct; its jj affairs. The f llst^ isr noti the • complete ' board \ of directbrs^'rbut* iti forms : the i experienced men i who" will, '.'for the i next >: 10 v years at^ least;; direct : the \u25a0 affairs .'of -the com pany,.'provided/bf. course/ that , tlie^ gov- , ernment does- not .'disrupt the organiza^ tion^arid.-dissolyeftt.^. The; list com-J. prises 'the iexecutive.} committee of. the 1 Standard' Oil 'company.^which has neyer^ beenixpublished. -are H. H. Rogers,f E. ' T/ Bed f ord/Wal t er Jenn i n gs. F. Q/Barstow, J."A/Moffett, A.' C. -Bed ford,. John I- D. Archbold and William Rockefeller...- ./\u25a0.'/\u25a0; ; 'v : -/. • . / \u25a0 * It will*beseen that riot all the names of .the ,old ; guard of the company, are inv;the-' executive committee/ list".. No one in; "W'ali; street is familiar; with the operations; of --Mr.' Barstow/ or , Mr,: Mof fett, or Mr." Jennings. .«' Only three mem/: bere of the old guard are onvthe list— ILH. Rogers. .William. Rockefeller and: John '-T>. '\u25a0\u25a0\u25a0: Archbold.\; Mr. Rogers will . probably- soon from that com mittee, for it is'anractiveione.-:: Inrfact/ an additl»,n .was 'mader within; the : last few. weeks in: the person of A/ C. Bed-* ford/ a brother.', of E;/T.^ Bedford, who •- was elected a member of the . executive^ committee. -He Is no.t a director- of ; the 1 company. 'William Rockefeller's' health ' is also more ; or ? less ; precarious i in'jthat^ he is troubled? with "la- throat .affection* and r his \u25a0 physicians/ have % advised ihimV, against • too \u25a0: earnest .application - to : work. .There' is' left," therefore/ Mr. Archbold ': as \u25a0'-. the , only : member i of ; the : old: guard who is directing the, active affairs of; the ; company.'; .*;:\u25a0 ?: .-.,. -.;.\u25a0•' The -question, therefore,. /"Who ;Will? supplant: the; eld : guard /of i the ' Stan dard oil > companyr* ; is ? being i answered; by the \u25a0 company -itself. «; It takes f f rom ; the : ranks i, of '•\u25a0 its \u25a0 workers r, the most : : likely ;. num." The 1 choice .] ls } made be- - cause ;.of { ability } and ) thorough >.knbwl- V edge. .The vßoc'kefeHera.-jtbe ; Rogerses^t the .« Flaglers, ,'fne j Paynes,'/ the ? Bost-f wicks, the f Brewsters £ and $ the VLock|| harts»; who" In \ the | old days were f names * hi gh :. in > the j councils * of - the i Standard ; oil \u25a0, company/, have" been 'eliminated X- in V the : management ' that J prevails f tbdar.-: In* the « minds '"ef; these vgentlement ;\the*; Standard oil 'company will be as strong twenty, or forty rom> now " as Jit | is today. -They \ recognised I the I strength | of ; the organization Jtheyi had '.'\u25a0 buildid } when* they/graduallyi retired' frbmf the active I participation \ in 6 Its ? management 't and left ,these duties .to ybunger,| hands.* The J: trust t they \u2666 left i,was % tiotX mislaid,; norjdid : earnings \u25a0of the company , decrease' mider;-the- care- of; their,, suo-. ceesors. ;\u25a0'\u25a0\u25a0' * ; // ..-.>\u25a0\u25a0 ''--y.' : . .-:''-\u25a0 : /,'-" ,-\u25a0'.:" -'" In ' the : table \u25a0 of , earnlngi i;bfought ; out < before', the government :: officials | some i days \ ago [lt^wasj shown t that '•^n; lß99 « the Standard oil company , earned only ' $84;420,000g.0n| UsXoapitalg stock. *//In^ 1903 th© earnings were more than dou-, ble ; that *amount,l and* lni 1807« the "earn-| Ings i are i estimated *»to Jbessßs,«oo,ooois In ,1906 . the/ actual net-; profits^. of ; this \ corporation ; were J 183,122,251, /0r ,1 86.5? pej"; cent •• on It?/ capltav stock. .^JSSTat (U^rany,; ; thef'v <Blder^,Ro|lcefeireriV.>the ?4*ynesi an'dLtheT-Flaglera^did.^&otVLpb- ; Ject-'to ',. tlie -largor , dividends they "we're ;rep«?iving.^-ana • tp tlie^'success \u25a0 which their represjentativesl and ;.; ._ successors. hadHn .extending tlie~/ Standard/oil business Uo^all ; parts; of ; world. 5 ~: J,'.' . "Who; then;/ .are the i/strong>men^ in the v : Organization and : in adininis-;; {.ration. as; they -exJ»t; today? Until ithc enforced? retirement of;: Mr .•:\u25a0 Rogers; ( it w,as /conceded.' by- all oil .meh \u25a0 that , he/was »,the leading.' figure iriext | to the great;; genius/: JbhhfD.V llbckefeller/ After ': Mr.* Rogers ; came; Mr: ? Archbold/ in -whomv the,; elderl Rockefeller '•placed! great - reliance:* .Today, the' other' strong men; are *E. ; "T.jßedf ordtand jChatles -M. Pratt. Mr. 'Archbold is •6 8 years of age. ! Mr. ) Bedford '68* also, VJ.> A.'Moflett *i 3 56, Mr/. Pratt 'has E passed I f O, jWilllanj Rockefeller; is :66,?'John)D/ .-Rockefeller., is 68 and \ Mr. Rogers «7. W. H. Tilf ord, | the! treasurer, of. g the company . and i a director/ is 57. ' C. "W. Harkness Is : com paratively fybung;' as \ are \Walter * Jen- " ningfs -and}Mr.Vßarstbw. ; / ;;. .\u25a0\u25a0 f. f / /A glance at the executive committee agajn;will:prpVe;that;many. of; the i real managers \pt* the ' Standard I bil'compariy are men unknown ito j f anie^r Mr. Moff ett is the president of the>Standardv oil; company, of Indiana, . theebmpany which was .fined f $29,242,000 -by. aKChlcago judge, • and until that event occurred no one had ever heard '•\u25a0 of Mr. Moff ett out- \ side * of ; the Standard Toil 'company. =* . : - : Mr. Barstow,' another man 'prQuainent: in i the 'concern's^ counclls;-'is r,president of 'the^Standardf'oll iconipany^of/Ohlo." Walter\lennings,' another, active man," ls; president of | the /Standard *,oil \u25a0 company" of ; Nebraska .' These/men ;are, either; re-" finers T of " oil ; Or "great * merchants/ clear i headed; and active". :' E." T/; Bedford/- for; example, iafter;iiis works,* the "Thomp-/. son' & Bedford .plant,"^were r soldi to \ the Standard oil 'company.Tehtered the j em- . ploy /of; the : Standard ?- oil:: ; company) and won his spurs in 'competition :wlth^ scores [of "other^men/lHeVls; today ; ln' charge of the export department' of the ''\u25a0 parent s company; / '\u25a0. -\u25a0"•/ ';, . \. \u0084./-" Sterling ; Qualkies Nccessaryv"^ i . OiiicompaniesVlnVwhich the : . Standard , has;a;working; andi stock] Interest ifrom; all-i parts "of .the ''civilized and,unclvll.lzed ; world : trade ; wltli 1 /Mr.v Bedford,.* and -to ; his dfforts a great deal: of ;th« honor. be-i longs r for \u25a0\u25a0\u25a0 h avln g /made * 'America' vthe ; greatest " factor ; Inlthe ; petroleum • buai-\ ness;of;the world/' \u25a0<'' ;r,V-r;;; r ,V-r ;; >*-'.v-i X-Howj; did ; It i cornel ; about, 1 ; then, > Moffett,:Bedford/ ; Barstow;:|Jennings and; others ;. now, oceuDy;jttie prbinirient^ppsl-1 tionslinthe company^ 1 and i that' the sec- • ondlgener,ation of - Rockefellers/R ogers,! Flaglers; and i all the Mothers Jofahe^pld^ guard * are > nn t \ on the : comml ttee ?.* The^ question is ; easily' answered*- by £'any'J Standard oll'man.>:lt!is meri t.tecohomyt andrabllity .Uhat; ; countiln'-the f puccessJ and advancements any man-In the em- 'i ployDof i; the /world's^- greatest!" combi^4 nation.':: . It ; ig > now? generally? known.V for. ex^nple,> that^there ~ are f oneYor J two f, dl rectors I of | the? Standard ! oil;- compan y.: tvhodid not own more Hhan one .hundred^ shares [bfj stock. heads fof »de-* paftmr-nts 'f »vrho>| are "\u25a0• rapidly .^wlnningj their; spurs: whoTdoihbt own :6o,"shafes,v and yet .their ability, isrecbgnlzed by the! management-t'TKese menlwlll'laterownT more istock twheh : their- salaries; are *inii creasedias^ they, display ability and show; that itheyj: are v.wbrthi sometblngi! %o\ the j organization. ;*The'iWorkmen' and'^lerk*! are? aware, \ no ! matter h what their iposi-^ tlon) is i in 3 the; company,'- that? they I will t bet" paid: better* than ?tby; any t other *cor- 3 poratlon v Individual! to jwhosiithey'j apply; for' work ? if ; theyj have • ths i talent V ind^energy.V^-Theibestgtalent^lnjthet standard ; oil ; company " moves i up'T to> the "'\u25a0• top 't and a Is »» well x rewarded. The" ' slow i plodding , man f is* taken? care'of ,*. too, : but I le t Is • shifted , aside . to fallow; the> brainy > snap.;, to % move % Qulokly.^Ths I sift %<mii process, is nelther'retarded'by.Vsort'ef.: civlKserviceJnor:ibyj"piiiL"-v>- "- : -"* '\u25a0\u25a0"\u25a0. ?; i-r It lls U related |In i this > connection I.1 '. thatS Joseph H. Choate] once » Inclosed s t6f his > friend , JJ.': S.« Rdgers j a^itty ? letter from | a'- young j college I irradn«te~' askJnrf f or; a? Btart si in Athe j? Standard i" ofl^ company, 'r promising vthat i if >helwere Y»lven - the.' chance ' he i, would .' bn&-day,»be ': presldeiit 'of(tjte^cbmpahS\^The;st3fie,of; I the*lfetter,; the [>b"ifiglitfand,i;^ltty^ I *<poihts,;;at'tJracted Mr.tHogers : ;.and! li^tojjk^anv interest"' in. thejSsimg2c.i)Uegisn. %.iHe^went^jinfo'.the emploii^'of/.:tli©-i. 3ta ? nd"ardv;oiU company, butHhere^tlie,,'tale/ends. i «^llnUessUhan i a, yea r : he, resigned. ,i His- progress was^tbo slowiajidylie'did^notlikeitheclosefap-; pHcafibh t.hat-bther/employes:«-ave "their c'oi:ipariy/^<"Wevcan': work; just;, as ihard; and'a.l^ttlf! hardier than ans*. other group. bC'p^oplei'';>said'-one<o.f:,the offlQials-of the^Standafd v bil;com"piny<in^dis<;ujtstng the \u25a0organization- last rwe'ek/ "and we can* S^lmore^forVa'dollar'thaTiimbetCpebple.' ; WTii sell foil? InvNew^Tork-cHeaper'than water i9iretalled.*Ecpriqmv is throughout '-'the *6tahdai : d^oii ./organi- , zatlons'.to' 1 the^mbst; minute Vdetail.r i If/ forfexapiple,'.ohe;of our. employes travels! from i'New /To^k-to'.St.^Louls.^he' dqes^ nbt:s'pßesent.va tjumpi sumjfbr^his \rrex-; pehses,. but '.Itemizes^every. expenditure • dbwnv to, postage; stamps. ' 'ThefeVare^'no extravagancei - of * any >\u25a0 kind • permitted, and • it,; comes jby^eecond;naturer>tO:the rank> and /file «of -the ; co-employes " to -be as saving; and^as economical\aa;!s'hu manlyjpossibie.'a.We^traih^ur men .from the^time}"they,.enter|our employ: as ofllce boys,? or, high) school? graduates.vin 'the principles^of reconoray. . .*. i^;. ,' /'; •" : ; VThere'areno.fahcyisalaries paid.otit to,;ofliciali i There •is not- a $50,000 man \u25a0-\u25a0 in .the entire Standard oil company. John • D. Rockefeller ? himself, :whlleT actively. Interested, V- never-: receii'ed -more .thaji $25,000 ia, year.V and \ this I salary 'tis ; now • pald^tolChe] several! dlrectorsiwho; ere \ active .In ithe v ? direction-, of i Its- affairs. Mr. Flagler.: Mr. Payne,'Mr/Rockefelleri and others I who occupy .positions as di rectors In?a nominal • sense receive ; no salaries : whatever. ';' Werpa'y cnly.i those vwho work -.for .us.'; Merit ; is . fewarded,* however, 'by. advancement to": P9sitions?of;trust"/ - ;; v - . .-\u25a0 'vlt yis^a" fact \u25a0 that ; ;i»i > recogn4zed every- \u25a0 wherejthat the Standard blj 'has a: fam- ; . ily.in i which \u25a0 there' are^f e.w. discords.- It ' employs; 6 0,0,00 j men : thVougbbut i ts" sub- j companies f here <• an4?on ~> sea..' . One seldomf reads -of * strikes-; amonr'' the Standard g oil C;«mployes/ and ;'\ officials I state that ,, they!; have never.;heard of oner Each^yearj when ;the^tabl« 'of profits-is ma'de i±;is "decided to' illot so much -as bonyses. ; \The : ranki'*nd? fUerarejaiso considered • If \ thelyear has '•\u25a0 been'a » good one.v?ln-190«,11ong before th« railroads advanced;thetr wages, .when .the cost of : Uying>becaine:«d"hlf;hrMr/ RogersUbld ; tfa» f writerjthat Iti woujd '. tf\ necessary - for\ corporations ;_; to *advan"c« ; wages • and ': that | he J hadV already \u25a0 recommended '% an • advancer In toVthe /employes I of * the; Standard ? oil t coimpany/^'iThea-f 01- ; lowed,''* several '\u25a0months * later,v advances ' InlwaKe'slbi - theiI > ehnsylvahla.railroad, i the;: Steel>] corppratlon,r*-th«^ Vaaderbllt J lines, v:the Harrlman^ lines \u25a0 and * other large 'employers \u25a0of -labor. >In some j In- j stances |j labor*! received '1 Its .? advances; 7 however, -only -after,; strenuous | fights. * One f can* see?; Quite?! readily; k therefore. thati> thei keynote s of ithe 1 Standard Toil" organlzatibnt is « to";- the vorganl zatjiqnlflrst i and if all I the^. time, -fc The ;f act * thatrmen : fi'pm".the!fanks'have;been > ad- 1 vanced^toitheitbpVwitlibutj'pulliand'llh- fluencerra'nd' l haye^h*eld';their. positions -is, {. of .course.^an Mnbentlye \ to • others; (andl from}ithls: feeling?of-1 security; the* or ganization"-"galns"strength.'.^'' v|r. j; '- t r f \u25a0f Aside" frbmUhe^loyalty;to' the concern thereTlsimuch'ithat*;blnds < alHthe''sub-- Bldiary vconcernsitbgether,- other Uhan " mere sentihferit-V lt ; is|th« ali;important n question 'of [distribution* of i profits! r parent s, company^ simply jshares \ in i the \u25a0 proflt^of -'the • thousands, ; yes, \u25a0 hundreds - of £ thousands, ; of small A companies '! 10-^" cated ! ; in\ : all; parts s of ? the? world.' i 1i I : The i small; companies jcontrol;th'elrown f fields'; and :f are js, paramount # and li supreme .. inf their; own; localities. £ They^make ' their 7 ownlpr6Htsfand:atHhdlsameltime"-payj tribute Jto^the^rrsatT holding ;comp"any/i s-M'JWhen 11 i was itourfrigj Rome.'/i said Tan" ofBolal;oftb* Standard' oil company no 1 m« • several ; years I ago;;,"I- met 1 a*, friend " who 'began X-. to * talk*, to /me .» about VnJ Standardt olir obrnpany.-r He { said'? In^ all? earnestness : "Next ~< to i v the -1* Roman : Cathollorchurch,i th«l Standard oil s com- " pan yi lo » the * most * perfect "organlsatlbm In '• ths > world.";/ Naturally,^ I > was pleased 9 Rr!th-th»-' compliment* he ;i ,amimore "inclined .toicbmpare.theor-J ganizatf on.aari the .working. of *the com-^ /pany.'tOt the .United States' andf-Uie-^Je-y Uaticn;"of..tlie. federal " t sove"rnsajerit>-w-ith-: .tb e^several : s tate .governments,* arid: In j • turnvthejrelationshlp r af cou'nties',?citles,\* ;,,towns ; and ; villages;-, ;; >' : , : .-. • >-r • /-\u25a0; rf?-\~ /\% ; subsidiary company lias-its. own! "• SLuf^iorjty /and • is;literallyv supremei and J .;..uhtr'ammele<l In ; the dlrectlori'.bf.ltsSaf -i ..^irfJvvEachicompa'ny,, ini addition . has: .its j"qrrnjVork : and fields and missions -to/ 1 \u0084";c oyer^land^; solves i 1 tsy own/.problems'/. . ..The ib.oldinßr:company-:does*not^indJcate j; , £ whatitbe.fsubsidiary . company^ihall! do,* tii any nioreHharir the -federal L ,dictates>".to^Hh©« several - eitat«B^,of-."'.taft i i >' union. i> There 'Is' no conflictTo ft interests-; , j between 'the- several •companies/ because * .;; what'is- in 'thejlnterest. of ,-the/ one^com ...pany.4ls iin.-;the interest of ithe • otHer;, wj?en*fln,al.<payments J of ? • - profits are, made. 'Now, wh'at-is true«of ,• -the;operatiph»of ;"the -.companies i > o ,in l the;United*S.tatesUsitrue;ofstherre-' : .^tnainder* of* the companies i throughout' • /the': world. §« The "companies \u25a0 which ', are { or? customers of > the' parent^ \u25a0'company v'ar.e.'lpcatedii in- every .state,!' town: or village of the jXroria.- Jthe^Middiernan' ' % ;•- \u25a0;•\u25a0- Ot- tfie "organization i'of ithe Standard I '^oil .company-* much j has \u25a0? been •Every ': possible jf source >' /of 5 profltl?has "been> canvassed. <' To -get; the oilltbHhe 5 vgreatt;distrlbuting^; centers - 'theye V are ? -pipe lines:'. The'best, chemical talent. ls J '^.eraployediin' obtaining i-all/tha'tris'-pos- 3 a sible rto-; obtainVfrbm ja v gallon of. oil.^ >The>*by products! have greatly enriched ': the ;• parent '.company.. -Toj obtain -boxes 1 I f or Athe merchandise f forests - have ] been | bought! in^the^south:,- Steamboats vbe - longing to^ the company ply all known ; sea9^:\W"arehquses :have" been- built- In'i .China/ and The J company/em- ' customs has Its / •| own Insurance, has cut" down independ ent middle man or jobber by; the score v . ntll > th e; oil. reaches the home of ,the .consumer. It sells In certain localities rof .'Europe, one-half.; pints Tof oil, in" the j manufacture and distribution of which, -.not a mlll'of proflt : has gone.to any one ; or; anybody : but -the "subconipahies "or representatives of the great. American* 1 icompany of , New Jersey. . • \u25a0\l : The • Irresistible, workings of i this j "mammoth, have ousted ,: Russia- from the position- It had years ;ago as being the the chief, source of oih and -fts. by .products/; Labor was cheap - there, \ but ithere were riot economy. ef-~ ficiency; arid ~ theV attention, to details ;\ which- have markedlthe conduct of the « business of the Standard oU company. v -The Unlted'States-now controls^two *. thirds 'of the : oil business of the" world. -.and~of ithls' amount the "Standard 'otli | company -i ha s - nearly - one-half, s or, to ;be -1 more ;. exact. 4 9 '\u25a0: per .cent. -y It has" the last nine years net $575.-' 815,929. -Tajting the organization since Jiitsibeginningnt has brought" nearly* r $1,000,000,000; In \u25a0_ gold to . the '•_\u25a0 United | States,; and has -been the chief exporter ;.;of^merchandise. ; Since its reorganiza ;tlonUn ;1899Vit has- paid: to -its!; s,oooV .stock" holders $365,399,075 in' dividends/ INo 'other in '-the £ history of •vthe^cburitry has had such a* phenomenal" Naturally>:the -extraordinary • amounts • of -.profits \u25a0 have at-* 'tention and opposition.; When dividends vof»from?36- to 48- per -cent ' were "^paid ' ji,yearly.:onVsloo.ooo.oo0 J of .capital the « people^ said: ."There* Is .something, un-: canny: or '.illegal -aboutt this compady ' *-It'ls.not. earning its'profltsiin'at normal' £ or|,natural^manner, v- A* concern*. cannot r such rmbney^as; the 'Standard 011- I ;company.t'in;?aLlegltimate,manner. It'ls .thrpttllng^lts;, competitors."/ This was* it the -general jbellef of (the publicv Listen' one ;ofthe;generalt committee- men V.sald • last week -concerning 4 the C earnings I of. the ; company: "". " . - ' - : ~>'Z*P« ;large:>arnings t bf the Standard* ,, v oil' company.; which i have .very nearly "doubledsthe amount that has been paid v out in dividends for. a^ period of , the last \u0084ten: o r s more -:years.:have "• been . put " Into j. extensions « of.* the ; business, -the 'pro- 5 pipe aines. new- \ facto-; ries i and Investment .in '.merchandlsmK : .In'all patrts of. the. world,*that of ? tftking oilj{in/bulk//e>ectlng^tank- : ithe : ? statlonssand;;dellverlngiby\ ; tank, wag-* I ; ons.iTo , this lhas : been addedithe invest- ;; ment_^ In v tanTt f steamers ? and • in "* this' i w *y - th « 'business 1 has \ b'eenTenlarged . so^that-*th.«Hmoney«invested. 5 today <ln* Z the company^approxlmates 'very closely; . If jnot|quite,\ its/^present'' market rvalue*' ;;of;thefßtock.".namely:ss^,ooo.oo"o/.'Whlle -'.therpercentageTof i ,proßt ? li?not' ; as^"l*tmt' • of • business". is*ns* > much * larger^ I ",: i ' - \u25a0-' •; - rT.:t^{Tr \u2666vn^fThi/ortranliatlon \u2666 has* been Veoi per-^ ~ f ected^ that (th*"* various ! companies - *ro^ iTha^aau-rErancißco : Sunday Call. . "not only self -rnstalnlng. : but- are.* coa .trelled .wlth.llttje,or'np"superv«slon by efflcers inrcharp^.'-spr that .the tfalllng" away.of t«ny -of \the.* older, mem .who . built the company iWbuH^npt* be .'missed how,- as would' have \be ea th,e;case when the > business .was c<f cbn ?«tructtoni"' \u25a0 - - -'•- -'< S l?.-v*> "~ i \u25a0-* t TSo 'much* for .the, organizatlonjOtth* - Btandardoir company iah"d;ltsrmanaae *m»nt. But what* of the. future?.,-. WUI-lt •.berdlssolved' and r .retHrned • to ;.the ele mentu of. which it ,was*compbsed' years *agd?.'''Has ;it. be'coroe'-sopow^erCulvthat -It \u25a0Is- a ? menace . to • the \ welfare j of . ths -people/of -the .United \Statesr? '.These \u25a0 are the/questions which, the courts will have'to- decide. \u25a0;* ln . the \meantlme th» organization will be perfescted-by drafts of 1 competent^ men .from V:'thej ranks. The second /generation., of ' Standard oil magnates*; a're^jtiot j to ,the in * the * management" of the ' compabiy. .' and :*the ifact ?th>t^. tjjb * Pratts '.and! \Hark \u25a0jKesses.^ sons/of^thetr • fathers, are oc .cqpying'.prominent ; positions in the Standard oil ' company '\u25a0'_ today Is . due 'more 'to r the'lr';liard;t working '.th'eir^practical'-oxpcrlence and ability than* to \u25a0 any pull or \u25a0 Influence which th.e.y anay' have held because of the,lr large stock Interest: : '-''Some •of ithe men now . prominent 1 1A .-its -affairs >are- not 'drilling their sons \in the ; oil -.bus*, ness. E. T. Bedford's . two 'sffns;have;tak"en up. other lines of \ work. • One is devoting ' his time and ;energy ;to^ tbe \u25a0" upbuilding of the Corn - Products, or glucose trust. W. H. TU iford is a bachelor.* as is Mr. Payne. Mr. /Mbffett's I 'sons;are/in'the glucose.busl *-riess.^\u25a0/>.-; ;\ :\u25a0\u25a0' .','".". '\u25a0- >: WhVthen^rc^the -coming men? At ! present~newand men control i tb^/destlnles^bf/the^Standard oil com /panY-compafed .with the'genluses ot 10 ?br "15- years' ago. ;^lt has already been by'a'vcahvass of the sons of the Tfpuridefs :that!ifew ; .;among .them are.!f6\ '. lowing in theif bdtstepsiof .their fathers 'or 1 • connected ''•'. with •_ Standard) 011-vbu3iness-'.;rTh» men w&o ;;are". now manftslng' the company, hava 'jbeen/selectei^romXthefranks because \6t „•\u25a0 their -;br»Hia'ncy> and ' generalship. AThelr.'sons*inT»tucn,:as:a"rule/ are - not /entering?tfie^. employ -of the Standard ; oil. company/and so It is a safa conclu sion '\u25a0% to make.'. that 10 years from tlie .present, provided ;; the organization An ", not X disrupted,'-, men Cwbo • now / un f ;knowii;to <fame^nr|llj«e in r the saddle of the "great organization. There. are the •• Donalds.^ Drakes, Jenningsea and Pilk j ingtons'who are rising to the front. . ?V 1 1 * talked : to>several • of '« tbe . larger ;hblders' r of-'stockiin the Standard oil " company ab out, the change in manage ment and whether tho larger holders of stock ; would.? beAcontent^ to ( see other ; men manage the affairs of the company who I now hold : but a • comparatively " small l interests ,The> points one 'man a made ? were very- interesting. \ He'said: t*!There are \ two* periods \ln • the history, .of Jevery- organization - or \u25a0'\u25a0* Institution! LTfiere is j the constructive • period in * which \u25a0 there is ' required ' the genius to 'build. 'y There; is then. a second class of ; men .required, namely.' the men who can operate-zthe institution efficiently and .; wisely. • ."The^constructive class of men hava been":"practically eliminated from the 'present day management of the Stand ard oil company, and they are now ob servers, \ lookers on.t so to . speak, and merely drawing their dividends. After an organization is well bullded. founded on proper lines and directed on a proper course, it is a ! much easier mat ter to train men to operate It and direct the affairs. After a nation is founded and 'becomes prosperous' it ' requires years ,of- adversity rand dissension t» 5 weaken or destroy" it When all the component parts are working together for; each . one's profit and the welfare of the company as a whole' It is a pret ty difficult matter to Introduce the ele ments.'of decay. "It is. not likelyvhoweyer, that the second or third generation of Standard oil men will seckto'dlstnrb the seren ity with which Its affairs are now run ning. The influence of the older men, Is still. weighty, even iMt Is not tatfje ible.' The elogau- 'loyalty and econ.omy\ and the hope of a recognition of worthy services willproveTo be a bond which will keep the Standardoircompany In its present position for years to corns." The Controlling Minds -• Here ; Is the board : of directors of th« Standard oil. company as It. ls now con stituted: John D. . Rockefeller, presi dent; Charles -M.. Pratt, secretary; W,. H.Tllfofd, treasurer, and the following directors: John D. Archbold, F. Q. Bar stow.^E. T. ..Bedford, Henry M. Flakier. C. W. Harkness, "Walter Jennings, J. A. Moff ett, ' Oliver H.; Payne, * Charles M. • Pratt.. John- D. Rockefeller Jr.. William Rockefeller, H.:H: Rogers and W. 11. Tilfprd/ ; -Compare "that list with the following who are ; the: large Istock holders of the company -as of | September \u25a017 • last: ' ' • ' \u25a0 ..<\u25a0', ': • v ; Komfcer . Value at T^.- r _ .'.\u25a0_- \u25a0•\u25a0 «* s&ares. $440 a than* • Jpaa D. E0ciefeHer...;r..247.832 ' 51C5.954.450 D. M. % Harkness estate. .: . 8O,0(xi . 35.2"0 000 Ollrer H. Payne \ . .; : . . .- 40.000 : 17.tt00.M0 Henrj- .' M. : Flagler ...... mi 53.500 15.620.000 Cbarlea Pratt estate. 22.802 10.G32.38© ;O. B. J«nnln?9 estate ..... 18,550 7.282.000 . Henry. H. -Rogers ...\u25a0 10.020 7.M8.900 J. \u25a0A. Bos t wick Mtat«..... 15.000 A.600,000 William Rockefeller ......; 1 1.700 - - 3.14S 000 C M. -BfeTrster esUte...'.. 10.000 4J00.000 Charles Lock hart ;... -..-.8,300 5,740.C00 L.«C. fLedyanl^and Payne . ' -TCUtney S, 000 3.820.0 C* William C. Whitney estate' 8.000 3,520. C00 John D. Archbold ...'...;.. fi.OtO - 2.540.000 - Wesley n. Tllford 6.000 2.840.000 'V.'. CWorden :...'.;....:: 5.5553 "2.577.520 r Charles M. Pratt-;.."*. 5.0((O 2,220.000 \u25a0. P. vA.-'B.'tWMener estate.. 3.00O" ' 1,320.000 Daniel O'Day estate ...... -2. «35 l.l«H«x> \u25a0 H. a . rolger. Jr. . . . . ... ;.-.-• 2.145 04-XBOO ."H.«H..Rojcers-Jr. .V. : l,ft"><». 4«2.000 Samuel Andrews estate.. ,.l.(isO 4«2.000 B. 1.- Barstow :W0 " 154.000 ' S." G.' Barn«»& Co. 3»*> 132.000 " Mrs. H.'. H. KAcers '.......-. ri.-.5 * . 98.000 Joha D.j ßockefeller Jr. ... 12(> 52,800 Flakier hospital \u0084....*...'. -US \u008451,920 S. G.Barne ...........\u25a0...' 110, 48,400 Mr5.411.-M.' Plaster ;'...-.-.. 100 44,000 'J.D.'Archbold's son f. .'.".'.. .100 • 41,(*X> ihaxe holders .555.9-13 / C 45.975.500 ? Itils-notlcedithat'the^foundefi of the * 5 company ?Btlll • retain ?, their* holdings. "