Items of Interest June 30, 1906 Issue

Items of Interest

Attorney-General Moody, in a statement which had the sanction of the President and members of the Cabinet, says that criminal proceedings will be commenced immediately against the Standard Oil officials. The statement reads:—

"After full consideration of all the evidence now available, including the report of the Commissioner of Corporations and the evidence taken by the Interstate Commerce Commission, I have reached the conclusion that criminal proceedings against the Standard Oil Company should be begun in certain cases where there appears to have been a violation of the laws regulating interstate commerce and prohibiting rebates and other unlawful discriminations. Accordingly, such proceedings will be begun at once in the appropriate judicial districts.

"These cases are regarded, and will be treated, as of importance, as it seems clear that in so far as the Standard Oil Company has obtained monopolistic control of interstate trade, that control has been in large degree made possible by discriminations in transportation rates or facilities, the discriminations being in some sense in violation of the law, and in other cases, though injurious to the public welfare, not in violation of law, and, therefore, only subject to such correction as may be afforded by the railroad rate legislation now pending in Congress."

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