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PAGE FOUR
REVELATIONS IN STANDARD OIL LETTERS
(FROM HEARST’S MAGAZINE FOR AUGUST)
FAC SIMILE OF AN ARCHBOLD LETTER TO SENATOR BOIES PENROSE, OF PENNSYLVANTA, AND THE SENATOR TO THE LEFT.
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Here follow, reproduced
from HEARST'S MAGA
ZINE for August, a fsw of
the many letters from John
D. Archbold, of the Stand
ard Oil Trust, to Senator
Boies Penrose and others.
Like the Oil Letters print
ed in previous numbers of
HEARST’S MAGAZINE,
they are illuminating and
amazing.
In the previous chapters we hive
seen, the widespread and powerful
Influence exercised by the Standard
Oil Company to secure tin election
of their own reliable agents to po
sitions of public trust
We have seen the enormous
amounts of money expended by the
Standard oil Compxm in campaign
contributions to control political
parties and to place dependable
men in public office.
We have seen the same effort and
the same expenditure emploved to
keep faithful servants of the p ople
out of positions of power where
that power could be used for the
protection of the peopk and for the
prosecution of the illegal and op
pressive trusts.
Active in public life- today and
active in the service of the trusts
is Senator Penrose, of Pennsylva
nia.
At this writing there is a com. st
in Pennsylvania between the ma
chine led by Penrose and support
ed by the Taft administration and
the Progressive Republicans of the
state
In this contest the Standard Oil
can be counted upon to come to
the support of Penrose, both be
cause of his l ist services and be
cause of Its future necessities
Senator Penrose has always been
a valuable and highlv valued agent
of the Standard Oil in public lif.
In the t>rece<iing article we have
seen how he was elected to serve
the Standard of! and how he served
them, and in this at' el. •*, shall
set how ■ • ut . ii" the
Standard Oil aid what generous
ret ognition he t• < ejv, 1 lor his
servlet
In ixici the I'mttd States indus
trial eotn'ie- i. a w. - holding a so
called ‘ ino-ligation” into the
J trusts. In Max of that v< -ar we
find 'he t ■■ •!. r w i 11. I, I
Ml. Archbold to ecnulor Boies Pen-
—MAGAZINE SECTION.
tose, of Pennsylvania, perhaps the
most influential member of the
commission.
May 17, 1899.
Hon. Boies Penrose,
1331 Spruce Street,
Philadelphia, Pa.
My Dear Senator:
I don’t suppose it is at all
necessary to bother you again
regarding the Washington mat
ter, but Mr. Wardwell is this
morning in receipt of the en
closed letter from the Secre
tary of the Commission, urg
ing him to appear before them
in June. I have said to him
that he need give himself no
uneasiness about it, and that
the understanding is clear that
none of our parties are to ap
pear in June. As I think I have
told you, Mr. Wardwell is in
poor health and is planning to
leave for Europe. I have
thought best, however, to send
this to you out of .the fullness
of precaution.
Apologizing again for trou
bling you in the matter, I am,
Very truly yours,
Jno. D. Archbold.
Early In 1900 the commission was
hard at work on Its report. This
was important, for recommenda
tions wore to be made upon which
laws were to be enacted. It was so
important that Mr Archbold sent
to Committeeman Penrose long tel
egrams of instructions which the
Western Union. Telegraph Compa
ny obligingly carried without
charge.
And to make sure that there
were no mistakes about It, Mr.
\rehbold reputed the contents of
the telegrams in letters, of which
tin following is one:
January 5, 1900.
My Dear Senator:
Corporations should not be
required to make public the
names or holdings of all stock
holders. It is an unjust and un
necessary inquisition into the
private affairs of individual
stockholders and serves no
public good. If demanded by
creditors, State laws now pro
vide the means of obtaining the
information. Private corpora
tions should not be required to
W Personal. October 13,1904. Z
>gb
My dear Senator:-
j pleasure to hand you herewith certificate of deposit to your favor
for $25,000.and with good wishes ? l am,
Yours Truly,
M Hon Boie3 Penrose, /> z » J? J ? j
|B 1331 Spruce St., (’=^**7 i
Phila., Pa. V )
A I
“The J
: Understand-'
< ing must ?
) j
; have been s
? $
? <
; complete
? j
and the
! achieve- ?
j ment
notable to :
‘ warrant so !
generous a ?
recognition
< of Senator $
< $
Penrose’s ';
J $
} “intelli-
J
gence and ?
? <
integrity. ’ ’ }
THE ATLANTA GEORGIAN AND NEWS. SATURDAY, AUGUST 10, 1912.
SOME FEATURES IN HEARST’S MAGAZINE FOR AUGUST
Among the interesting articles in Hearst’s Magazine for August—now on sale
at the news stands- are: "Startling Revelations in Standard Oil Letters,” "The
Autobiography of Admiral Dewey, Ihe Inside of the ( up,” bv A\ insfon Church
ill: ‘‘ Are We Better or Worse Ilian the Age Ancients?” by Guglienio Ferrero;
",America s- < hance in New China, by Dr. W u l ing-fang; “The Store of George
Helm.” by David Graham Phillips; “Captain Kidd on Wall Street,” bv George
Randolph Chester; “My Father (W. T. Stead) and Spiritualism,” by Estelle W.
Stead, and reviews of Science, Art, Finance and Politics by the ablest writers.
THE AUGUST NUMBER IS NOW ON SALE AT THE NEWS STANDS.
make public items of receipts
and expenditures, profits and
losses. A statement of assets
and liabilities is all that can
benefit the public. Items of re
ceipts and expenditures, prof
its and losses can only benefit
the competitors.
I. beg to acknowledge also
with many thanks your favor
of January Ist, the enclosures
accompanying which I beg to
return you herewith. Was very
sorry not to see you here last
week, but, as you know, I was
away on a little vacation.
Sorry to learn today of the
report of the committee in the
Quay case, but still hope for
favorable action by the Senate.
With thanks for all your
courtesies, I am,
Very truly yours,
Jno. D. Archbold.
Hon. Boies Penrose,
Washington, D. C.
<'an anything show more clearly
than this correspondence that the
institution which was being inves
tigated was itself' conducting the
investigation; that it was deter
mining what witnesses should be
called and when, and that it was
further determining what should be
incorporated in the report of the
commission and what should not be
incorporated in that report.
Mr. Archbold read carefully the
report made in deference to his de
sires as to testimony and in ac
cordance with his suggestions as to
recommendations.
Mr. Archbold read the report and
gave it the sanction of his personal
approval.
Read the following hearty in
dorsement of the report made a full
week before the report was made
public:
26 Broadway, New York,
February 21, 1900.
Hon. Boies Penrose,
Senate Chamber,
Washington, D C.
My Dear Senator:
I have your kind note of yes
terday with inclosures which
latter I beg to return herewith.
WE THINK THE REPORT IS
SO FAIR THAT WE WILL
NOT UNDERTAKE TO SUG
GEST ANY CHANGES.
With many thanks, I am,
Very truly yours,
Jno. D Archbold.
The above letter deserves to be
studied with the utmost carefulness
and thoughtfulness. Observe that
the date of the letter was February
21. 1900. The first report of the
commission was not sent to con
gress until the first day of March.
190a, but eight days before the re
port of the commission was sent to
congress it was submitted to Mr.
Archbold and was returned to Sen
ator Penrose, read and approved by
the head of the particular trust that
had been under investigation.
Among the distinguished and un
prejudicial patriots whose names
were attached to the report to give
it weight and value was William J
Lorimer, who has since lost the
hazardous seat in the United States
senate bought for him by the trusts.
The Hon. John .1 Gardner, of
New Jersey, another public friend
of the p. ople and secret friend of
the trusts, also signed the docu
ment.
Remember Gardner. In the course
of the Standard i >ll correspondence
we will meet him again ‘
The industrial commission in an
excess of zeal went even further
than the telegraphed advice of
Archbold on the question of per
mitting the corporations to keep
the names of their stockholders
secret.
On the first page of the report
we find this:
“It should be kept clearly in
mind through all the discussion
that great capital or a great
combination of capital has no
necessary relation to monopo
ly, although it seems that a vir
tual monopoly may be secured
from the influence which comes
from great capital.”
The commission reported against
overcapitalization, but deckled that
the Standard Oil Company was not
overcapitalized. It defended the
trust for selling oil cheaper abroad
than in the United States on the
ground that such a policy was nec
essary to capture the market.
Mr. Archbold is not only a moral
man, a deacon in the church, but i
patriot. So juht before leaving his
office to take, part in the patriotic
ceremonies of the Fourth of July he
wrote the following letter:
July 3, 1901.
Hon. Boies Penrose,
Philadelphia, Pa.
My Dear Senator:
Following the lamentable
death of Senator Kyle, we are
very strongly of the opinion
that you should take the chair
manship of the Industrial Com
mission. This seems eminently
fitting from every point of
view. Your name as chairman
would undoubtedly give to the
report exceptional assurance of
integrity and intelligence; you
are the ranking Senatorial
member of the Commission; the
interests of your State are pre
eminent in the matter; and,
lastly, and we may hope not
unfairly, we make it as a
strong personal request.
May I venture to ask for an
affirmative answer by wire, so
that we may do what seems
possible to aid in the matter.
With kind personal regards,
I am, Very truly yours,
Jno. D. Archbold.
Mr. Archhold, Ponrose being
unable to accept, then worked for
Colonel Clarke, recommended by
Penrose.
Rend the following:
August 19th, 1901.
My Dear Senator:
My attention is called to the
fact of the appointment of Sen
ator Thomas R. Bard, of Hue
neme, Cal., as a member of the
Industrial Commission to fill
the vacancy caused by the res
ignation of Senator Mantle, of
Montana. I have further infor
mation that a determined effort
will be made at the meeting
early in September by the Dem
ocratic and disgruntled mem
bers of the Commission to make
political capital against the so
called trusts. If Senator Bard
can be counted on for sensible
action in regard to this ques
tion. an effort should be made
to have him present at. the
meetings. It is very desirable
also to have him favor Colonel
Clarke for the chairmanship.
Can you reach him. and will
you do so?
Very truly yours,
Jno. D Archbold.
Hon. M A Hanna.
Tin’ Standard Oil Company has
been called one of the gr. itest or
ganizations in th. world. The ex
tent i>f its organization is begin
ning to be seen through th., facts
revealed in these Standard oil let
ters. It organizes national and
state governments in its interests
and even goes so far a- to secure
appointments of minor officials.
The faithful l’< nros is the 'gent
through which the Standard Oil
-
operates not only in the United
States senate, but in the state sen
ate of Pennsylvania.
A certain E. W. Smiley, appoint
ed originally as chief clerk of the
senate, of Pennsylvania at the in
stance of the Standard Oil, is now
subject to reappointment, and Mr.
Archbold writes Senator Penrose
urging him to secure the reap
pointment of Hon. E. W. Smiley
and presents "his qualifications”
for the position.
Mr. Archbold "will estbem it a
personal favor" if Senator Penrose
will aid in Mr. Smiley’s re-election.
26 Broadway, New York,
November 24, 1902.
My Dear Senator:
I mest earnestly hope that it
is in the line of your intention
and desire to favor the reap
pointment of Hon. E. W. Smi
ley as Chief Clerk of the Senate
of Pennsylvania. His qualifi
cations for the pc c "‘ion need no
word, I am sure iny hamjg.
I will esteem it u personal fa
vor if you will aid in his re
election. Very truly yours,
Jno. D. Archbold.
Hon. Boies Penrose,
1331 Spruce Street,
Philadelphia, Pa.
Needless to say that the “per
sonal favor” was granted and that
Mr. Smiley’s "qualifications” were
regarded as sufficient, since the
Standard Oil Company indorsed
• him,
Mr. Archbold and the Standard
Oil conferred substantial rewards
upon their political servants. They
distributed their secret certificates
of deposit in small or large
amounts, according to the impor
tance of the character,of the serv
ice rendered.
Little congressmen like Grosve
nor got certificates of deposit for a
thousand dollars. Big genatois like
Foraker received certificates of de
posit for $15,000. The Standard OU
was liberal, but discriminating: ex
acting. but always appreciative.
The congressmen from Pennsyl
vania received their certificates of
deposit dulv proportionate to their
services, as* the follow ing letter ad
dressed to Congressman Stone will
show:
(Personal) October 11, 1888.
Hon. C. W. Stone,
Warren. Pa.
My Dear Sir:
Referring to our conversa
tion of yesterday, it now gives
me pleasure to enclose you ceT
tificate of deposit to your favor
for $2,000. I have also written
the letter suggested.
Truly yours,
Jno. D. Archbold.
The largest certificate of deposit
yet mentioned is contained in the
following letter sent to the Hon.
Boies Penrose at his home address
in Philadelphia and marked per
sonal:
26 Broadway, New York,
(Personal) October 13, 1904.
My Dear Senator:
In fulfillment of our under
standing, it gives me great
pleasure to hand you herewith
certificate of deposit to your
favor for $25,000, and with
good wishes, I am,
Yours truly,
Jno. D Archbold.
Hon. Boies Penrose,
1331 Spruce Street,
Philadelphia, Pa.
In publishing this letter we re
lieve the Standard till of all
charges of ingratitude. It gives Mr.
Archbold "great pleasure" to hand
Mr. Penrose a certificate of de
posit to his favor for $25.09(j,
Mr. Archbold adds his "good
wishes," and says to the senator
that the certificate is "in fulfill
ment of our understanding."
The understanding must have
been complete and the achievement
notable to warrant so generous a
r< ogntion of Senator Penrose's
“intelligence and integrity,”
A
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Q SOUTHERN BEU TELEPHONE
■ ~ AND TELEGRAPiI COMPANY
&• U I
AUGUST EXCURSIONS
5,000 Mile Circle Tour By Rad and Steamer
Grand collection of travel features, vis- agnr.o Ealls. all expenses naid onlv SK9
1 , l . I! , 1 5 Cincinnati. I Detroit. Buffalo, Niagara SprH.'l Pidltnap train Lav \tlauta G
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