United States of America, Petitioner, Vs. Standard Oil Company (New Jersey) Et Al., Defendants. Brief for Defendants On the Facts ..

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13, p. 685.
Q) Squire, Record, vol. 13, p. 1538.
(m) Hicks, Record, vol. 13, pp. 833-834.
(n) Baxter, Record, vol. 13, p. 827.
(0) Roberts, Record, vol. 13, p. 831.
(p) Arnold, Record, vol. 12, pp. 834-838.
(g) King Record, vol. 12, p. 685.
(r) Squire, Record, vol. 13, pp. 1586-1587.
(s) Collings, Record, vol. 12, pp. 971-973.
(0 Palmer, p. 813.
(«) Keating, p. 819.
(«) Hicks, p. 824.
(m) Baxter, p. 837.
(«) Roberts, p. 831.
(y) Arnold, pp. 835-836.
611 selling to a satisfied trade. The only bu...siness that he can do is with trade that has formerly been buying from the Standard, and the only method open to him of securing that trade, under ordinary circumstances, is to offer an inducement as to price.
When a competitor first comes into any community, there- fore, he proceeds to secure business by cutting the local price, and thereafter, from time to time as opportunity offers, he in- creases his business by similar means ( a) (b) (c). The Standard, as a rule, having lost considerable trade on account of the cut in price, follows the decline.

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