In the Standard Oil case the Supreme and Circuit Courts found the combination to be a monopoly of the interstate business of refining, transporting, and marketing petroleum and its products, effected and maintained through thirty-seven different corporations, the stock of which was held by a New Jersey company.
Taft describes the Supreme Court's findings in the Standard Oil case regarding monopolistic practices.
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Now that they can be studied and understood—all the business men who touch the decision in any way will conduct their business hereafter according to the law.
I can not close this message without inviting the attention of Congress again to the necessity for the erection of a building to contain the public archives.
I think it to be greatly in the interest of fair dealing, which ought always to be encouraged by law.
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