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Oil Comi Death Blow Administered bj en Six Months to Winc Complete Wasihington, May 15.-The supreme Qort holds: That the Standard Oil Company is z mtonopoly in restraint of trade. 'That this corporation must be dis oivd within six months. Corporations whose contracts are '"'not unrasonable" are not affected. 1:,er great corporations whose acts may be called into question will be dealt with according to the merits or their particular cases. President Taft and cabinet will con sider immediately the entire trust sit iation and the advisability of pressing for a federal incorporation act. A decision in the Tobacco Trust case. which was expected simultan -eously, was not announced today and nay be handed down on May 29. Washington, May 15.-The Standard Oil company. of New Jersey, and its nineteen subsidiary corporations were .,declared today. by the supreme court of the United States,-to be a conspir acy and combination in restraint of trade. It also was held to be mono Pol7-ing interstate commerce in viola tion of the Sherman anti-trust law. The dissolution of the combinati.n was ordered to take place within six mon-hs. Thus ended the tremendous struggle of years on the part of ve govern ment to put down by authority of law a combination which it claimed was a menace to the industrial and econo mic advancement of the entire coun try. Limits Application of Law. At the same time the court inter preted the Sherman anti-trust law so as to limit its application to acts of "undue" restraint of trade and not every restraint of trade." It was on this point that the only discordant zote was heard in the court. Justice Barlan dissented, claiming that cases already decided by the court had de .termied once for all that the word "'undue" or "unreasonable" or similar words were not in the statute. He declared that the reasoning of the yourt in arriving at its findings was -f Effect legislation which belongs in 'every instance to congress and not to ~1e court. Ever since the decree in th.is case in the lower court. the United States circuit court for the Eastern district of Missouri, was announced, hope has !oeen expressed by the business world Ba the law would be modified so as niot to interfere with what was de 'signated honest business. Announced by Chief Justice. The opinion of the court was an -nounced by Chief Justice White. For taearly an hour the chief justice dis cussed the case from the bench. Be fore hinm sat a distinguished audience -the "est fa.mo'us men of the coun try. Senators and representatives * eft their respective chambers in the 'zapitol to listen to the epoch-making .iecsion of the court. Most eager among them was Attorney General Wickersham and Frank B. Kellogg, tho had conducted the great fight -ig.inst Standard Oil. None of the '>rilliant array of zoun e el 'fr the corporations or individual - defendants was present in the court .lu-ring the reading of the opinion. To ~y, as on previous decision days for *months,' rival brokeers' agents, with Smessengers in line .to the various tele :phione and telegraph instruments, wre at hand, but to their dismay the announcement of the decision was not begun until an hour after the closing -of the stock markets. Tiobacco Decision Withheld. 'Many ex:pected that the decision of the case against the American Tobac .co company would be handed down immediately after the decision in the *andard Oil case. This was not d'nne. Th decision is now expected en May *-3. The opinion of the court today wast~onstrued to mean that the tobac -co -case, like every other case in which Wetrints of trade are alleged, must stte -the zest of "reasonableness." t? har the greater portion of the opinion. ocf the chief justice was de voted to the justification of the court in -requiring that the "rule of reason" ?oe applied to restraints of trade be fore they were held to be violations of the Sherman anti-trust law. The court - found this justification in the com.mon 3.aw of the forefathers and in the gen -*ral lavi of the country, at thle time ;he Sherman anti-4rust law was pass 'ah. En short. the court held that the *teeinnical words of the statute were to be given the meaning which those words had in common law and the law of the country at the time of the * naam.enL This meaning or thle Standard 5ine is Ordered Land's Highest Court-Giv F Up- Goverment Wins Victory. words, according to the court, called for the exercise of reason it. deter mining what restraints of trade were prohibited. From Beginning of Action. Chief Justice White, in his opinion, first reviewed the preliminary pro ceedings in the case in the circuit court of the United States for the Eastern District of Missouri. He re stated the essential points in the bill o the government asking for the dis solution of the Standard Oil company. He dismissed the objection to the jur isdiction of this court in a few words, by holding that it was not well found ed. He then came to the arguments, saying that out of the "jungle" of law and facts, both sides were agreed only in one thing, and that was that the determination of the controversy rest e,I upon the proper construe.tion and application of the first and second sections of the. anti-trust acts. The views of the two sides as to the law the chief justice said, were as wide apart as the poles. The same, he said, was true as to the facts. "Thus. on the one hand, with per tinacity -and minuteness of analysis." said the chief justice, "it is nsisted that the facts established that the as sailed combination took its birth in a purpose to unlawfully acquiru wealth by oppressing the public and hat its entire career examplifies the carrying out of such wrongful m.as ures, that the course of the company is strewn with wrecks resulting frori the att'tude o the present def2wd ant. Declared Enduring Menace. "It is asserted that the existence or the principal corporate defndant, .hel Standard Oil company, of New Jerse., with its vast accumulation of propercy, trecause 'of its potency for harm and the dangerous example which its con teued existence affords, is an op;en. an1d enduring menace to all freedo n e" trade. 'On the other hand, in a' power:.. analysis of the facts, it is insisted th-i.t F the development of the vast busiass which the defendants control w'as out the result of lawful compe+itiv'e mneas res, sustained by a keen insight into commercial situations and ability of the highest order." In this state of affairs the chief jus tice sized up single points of concord, namely. the application of the two sec tions of the Sherman anti -t'rust law. as the ini'tial basis of an exa anination of the contention. The rezt of his~ opinion divided itself into a consid?ra tion of the meaning of the Sherman anti-trust law in the light of the com mon law and the law of the United States at the time of its adoption, the1' contentions of the parties concernmng so the act and the scope and effect of thel mi decisons of the supreme court, the ap- wi plication of the statute to the facts ed and lastly the -remedy. In striving to get at the meaning of the two sections of the law, he said w the sole subject with which the first' co section dealt was "restraint of trade' or and that the "attempt to monopolize1 or and monopolization af action" was p the subject of the second section. Tine tra chief justice said the meaning of these St words would guide his opinion by the b manner in which the words were em ployed. Je History of the Case. p The suit which called forth today's lie decision was instituted in 1906 in the Hi .nited States circuit court for the 01 Eastern District of Missouri. It was al: brought in the name of the United ch States. The immediate object was to dissolve the Standard Oil company, of New Jersey. d From the very beginning the busi- sh ness and the legal worlds recognized gc that the suit put the Sherman anti- at trust law to the most severe test to le which it had been subjected. The law t had ben on the statue book since 1890Iar and had been the basis of some 1 i suits finally passed upon by the su- a preme court of the United States. b That th.e law was constitutional was cc accepted as settled by these decisions," but simple as the words of the statute in seemed, there was an absence of un- a animity in regard to its interpretation. d With that situation confronting the 0 government and the defendants, the a suit was begun with the general belief O that the entire business world would c feel the effect of the outcome of the t gigantic struggle. .0] Government's Charges. et The government claimed that two r sections of the Sherman anti-trust laww had been violated. The first section 1w reads as follows: s "Every contract, combination in the p form of trust or otfreawiee, or con-j "Watch "HIGH PRICED Q The Ford quality I be made attractively low, quality has sold all Fords The Ford Featu The Ford Motor, the and all the important eler We can prove this by shc The Ford Cal If roads are poor, if hills are st then the FORDIMODEL T show car, abundance of power, splendic tire trouble, because of high clea iRnabout, $600. F. 0. B. Factory, Equi The Newberry Nevvberry, S. C. iacy, in restraint of trade or corn- to show that there ce among the several Stastes, or a conspiracy. Iti t foreign nations, is hereby declar- the Ohio supreme to be illegal." the trust agreeme The second section reads: merely required ti "very person (which subsequently pany, of Ohio, to sexplained in the statute to include "trust." Evidenca rorations) who shall monopolize, show ithat rebatin ttempt to monopolize or combine der of the day an onspire with any other person or concerns, that pri< ~ons. to monopolize, any part of c ,neerns vere no e or commerce among the several used as legitima1 es, or with foreign nations, shall ccmnpetition. eemed guilty of a misdemeanor." The circuit cour Te Standard Oil company, of New ganization of the rey, some seventy subsidiary cor- pany, of New Jers tions, John D. Rockefeller, Wil- only a violation o1 L Rockefeller, :Henry M. Flagler, the act, which re ry H. Rogers, John D. Archbold, of trade, but also ier H. Payne and Charles H. Pratt, tion, which applit Iefendants in the suit, denied the The Standard Oil ares- there could be no Alleged Origin of Trust. as a result of the onths were spent in gathering evi- cause the Standa ne. The general line of attack as New Jersey. was on by evidence presented by the mon body of ow: enment was this: It claimed that 'one proportion it 1870 the Rockefellers and Flag- diary companies coneeived the idea of controlling new organization epetroleum trade of the country, -thse same comm da little later entbred into a con-pat pacy with Rogers, Archbold, Payne pa rt Hl dPratt to gain a control of the oil T~cuthl sness. To carry out tils alleged Tecuthl npiracy, i-t was claimed, they lirst that the combi.nat yled" their interests, then put them porn t-ion or persoi othe hands of trustees or "trusts," stock, of the po' dfinally when the trust of 1882 was jholders holding t hared "void" in a decision 'by the respectively of t >ii supreme court in a proceed'ing1 stock of each of ainst the Standard Oil company, of engaged in comm< >, reorganized the Standard Oil tieles among the .pany, of New Jersey, to take over eign nations. -to I r interests and to secure mon- there-in, rendered1 oy. Evidence of rebating, of price- ed in the corporal ting 'and of the organization of sec- er. more easily e concerns to pose as independents able and more efft selicited to show that the Stanard viously held by t s heking by unfair means to re.. these effects the ain trade and to procure a mono- straint on coxmmej r. The cou rt then "Sandr O nrm o du-eds eridenc a plan to remned the Ford ( I~ N A LOW PRICED CA& VALITY IN A LOW kas never been sacrifice Quality sold the first I since that time. res Are Original, Ford Ignition System, nents of the Ford car are owing you- in detail the c - is Built for eep, if land is sandy, if rocks abc 's ITS REAL SUPERIORITY. I design, simplicity of mechanisa ance, this car has become imm Torpedo, $645. pment $80 Extra. We Machine Shop had never been such__________ ~ough~t to prove that court did not holdi t of 1882 void, butj e Standard Oil corn withdraw from the Swas produced to1 g had been the or ing all commercial ~e-cutting and secret the rule and were' e instruments of* t held that the reor Standard Oil comn ey, in 1899, was not, the first section of. ferred to restraints of the second sec d to monopolizing. had argued that additional restraint reorgandzation, be-I rOil company, of JOH DFE ciers in exactly the that all the subsi- Adapted for aken over by this TWO levers, had seen held by adjustments. mowners for years you Can buy I (ontrary View.A otherwise and said ion in a single cor -___________ . by ,an exchange of er of many stock e same proportionseneeadcrenjii e majority of the dr i opn,o :everal corporations fo xecsr n ot rce in the same ar- o t tc wesi,o States. or with for-sdarcopne. ur ~estrict competition enondtseubiar Lhe power thus vest- rmpynaydiin ion or person great-SanrdOlcpnyo xercised. more dur- jI u r iini h ective than that pre-J onaypsil vso e stockholders. In byter:nzaiuoa ourt rfound a re- b~aino ftecne proceeded to. evolve zthdfcdatshl y h stato. t B .ltin And cesth JO By PRICED CAR" d that the price might 'ord Cars in 1893 and Not Imitations the Ford Transmission distinctive Ford ideas. :nstruction of the car. Hard Work und, if wet weather is plenty, Because of light weight of the , low fuel consumption, little ensely popular. rouin Car, $700~ have Cars in Stock. and Garage.' Telephone 60. EIVERSE CULTIVATOR. almost any kind of cultivating. one on each side, allows many AUl Steel. No wood. Cheapest or durability and service. Sold by i RIFFPIN & CO. g the Stan- wnthin 30 dlays. they were to be eg ew Jersey, joined fro.n engaging in interstate >. by reason commerce unti they did cease L.he er the sub' combination. ceopes In U. S. Supreme Court. ds to te Fromi the. circuit court the case was New Jersey. brought to the supreme court of the ecree to en- United States. The record laid 'e the dearee fore the high3: tr.ibunal probably was imilar coin- the largest'ever prepared in an Amer-. ance of ztte ioan case. The petition, pleadings, ndants. Utn- testimony, opinions and decree cons . sever the' tuted twenty-two large volumes of combinat>n more than 500 pages each.