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Show STANDARD OIL I IS JSSOLVED I I Supreme Court Decision Is ; Far Reaching I 1BJ 'ARE GIVEN THIRTY DAYS I JUSTICE HARLAN DISSENTS AT H THE STAND OF HIS I COLLEAGUES. I WcsVngtoti, May 15. l!v uiianl BJ uioup decision tho Supremo Court of H tho United States today ordered the BJ dissolution ot tho Standard Oil trus'. BJ Having first cleared tho docket c. BJ a number of Important pending cased, BJ Chief Justice White, at 4 o'clock, af- BJ tor the stock market had closed for BJ tho day, began reading beforo a sol BJ emn nnd silent courtroom tho long H awaited decision, which reduces to Its BJ component parts the gigantic tlnan- BJ clal structure reared by the gonlus iB of John I). Rockefeller and carries ifl with It consequences of tho most tar- ) reaching importanco to tho entire In- B dustrlal and financial world. B Tho point ot paramount Importanco B In tho decision Is this; fl For tho first time Binco the passage B of the Sherman anti-trust law, roaa- fl onnblo restraint of trado is rccognlv B od and legalized under tho decrco ot I tho court. It is unreasonable restraint B of trade that comes under tho ban. I On the facts submitted tho Stand- fl ard Oil company Is adjudged to havo M engaged In "unrensonablo" restraint fl of trade. Thereforo tho decision of , tho lower court Is affirmed and tho AM world-embracing oil trust Is ordered fl to bo dissolved. 21 Briefly put, tho Sherman court writes into the Sherman law beforo l tho word restraint tho simple word ifl "unreasonable", nnd only to this ox-, VM tent Is tho business world relieved. Kfl Thcro can bo reasonablo combine? un- 1 der this decision and unreasonable. i Good trusts and bad trusts. I Standard Oil has been decreed un- B reasonablo and bad, and Its dlsso'.u- U tlon Is, therefore, ordorod. And, whllo H) this decision affords a general plin f o'f proceduro that may bo followed in tho prosecution of other alleged com- 1' bines and trusts, It lays down no precodenl. Kach combination proceed- f cd against must bo adjudged upon its P, merits,' and upon tho (acts presented tho right is reserved by tho court to I declaro whether tho restraint alleged f is unrensonablo to tho point ot warranting war-ranting dlsolutlon. SI- months, liutend or thirty days' tlmo allotted by tho lower court. Is given tho trait in which to comply with the decros. Government's Spectacular Victory. A So much .as to tho derision as re- 1 gnrds tho great oil combine, which la i sweeping nnd spectacular victory for wL tho govomment and wns balled with delight by President Taft, Atori'ey I General Wlckersham and particularly 1 by F. B. Kellogg, who Instituted tho M proceedings against tho Standard Oil company four years ago nnd whs has 1 fought It stop by step down to the jj final decision today. K In statements Issued Immediately .lp after tho decislou had been renddrjd, Iflfl both the attornoy genornl and Mr. M Kellogg claimed for the government MM a victory upon every material po'ut Bj for which they had contended. M? Sharp dlvorgenco, developed Inline- wM dlattly, upon vtho moral offect ot the WM dodolon and in the ranks ot tho Re- mM publican progressiva tonight there ! nl an undisguised belief that tho docis- WM Ion favors tho fnte'-ouo ItB Agreeing wit'i his colleaguos upon Mym tho malu issue In the case, Associate ,M .insllce Harlan de''ver,ol e,,ompore a , jjfl Continued on Page 4. - l ifl l-Hfl Standard Oil f Is Dissolved - ' (Continued from Page 1) . critical review of ths.- clecia'.-.-n of tho - -. ' r cuue, which echoed through tho chamber cham-ber with electrical and sensational ' force. Stripped of Its Judicial verbiage, the Justice laid nt the door of his- associates asso-ciates n chargo of having comprom-1sed"w!th comprom-1sed"w!th the legal consciences, nnd stepped outside their constitutional rights. Ho did this .believing at tho samo time that the Judgment of the court wns right; but firm and sturdy In his conviction that the decision went ouly half way toward remedying 1 10 evil to which tho court of last report re-port had applied Itself. |