Show I i STANDARD OIL CO OUTLINING COURSE c IN ML APPEAL CASE CAS StocK Sells Down Forty Points as Result of Decision NEW YORK Nov 22 Conferences 22 Con 2 Conferences of officials and lendin leading counsel for the Standard Oil company were held in this cil city toda today to b begin in the work of outlining io ing ng the company's course of action following fol fol- Jo in owing lowing tho the adverse decision in tho the gov- gov suit a against tho the company compan rendered on Sat Saturday days daJ's are arc allowed before tho the decree de de- de cree takes effect and within that time the form of tho app appeal which tho corporation cor cot announced it would take to the tho court of tho the United States will have jave to be bc perfected In speaking of the decision today John D D. Archbold vice president of the Standard Oil company took an optimistic tic view He said laid I believe belie the tho decision will result in iu legislation looking toward repeal of the Sherman trust anti trust net act For under the tho law it is not only impossible for an any corporation to transact act business but that partnerships co-partnerships may bo be attacked I believe that tho the officials official at Washington are coming to the tho view that the law Jaw is too active and even cven Roosevelt hi himself shares in that opinion Standard Oil OJ stock was as a again ain affected on ou the curb Curl market today by the federal federal fed eral cral court courts court's 8 decision The stock closed dosed at GPO on Saturday and the first sale today was at O Elbert Eibert II H. Gary chairman of the United States Steel corporation speaking speaking speak speak- I in ing today as to what effect the decision deci sion sian in tho the Standard Oil case would have hae on the United States Steel corporation corporation corpo corpo- ration taid I dont don't think the Standard Oil decision decision de de- de- de ion cil will have hn any effect whatever on the tho United States Steel Stel corporation I bavo have several sc good tood reasons for in believing this but 1 I IrIon don't dont t care caro to express them at pre |