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Ida M. Tarbell’s The History of the Standard Oil Company was first serialized in McClure’s Magazine starting in 1902 and then published as a best-selling book in 1904. Tarbell grew up around the Pennsylvania oil industry, where her father suffered from, and protested, John D. Rockefeller’s business practices. Tarbell’s study of Standard ...
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Share of the Standard Oil Company, issued May 1, 1878. Part of this scheme was the announcement of sharply increased freight charges. This touched off a firestorm of protest from independent oil well owners, including boycotts and vandalism, which led to the discovery of Standard Oil's part in the deal.
Sep 7, 2021 · John D. Rockefeller (1839-1937), one of the richest men in the history of the United States, was the famous business magnate who founded the Standard Oil Company. By his mid-20s, Rockefeller, who by the way hailed from a moderately affluent background, had begun making investments in the oil industry in Cleveland, Ohio.
Feb 24, 2021 · Standard Oil Breakup. As a result of the growing discontent of the monopoly-like power, a federal lawsuit was filed against Standard Oil under the Sherman Antitrust Act in 1906. After Standard appealed the unfavorable result, the Supreme Court upheld the decision in 1911. The decision required the company to dissolve as a single entity.
The Standard Oil Trust: 1882-1892 On January 2, 1882 the Standard Oil Trust was formed. Attorney Samuel Dodd came up with the idea of a trust. A Board of Trustees was set up and all the Standard ...
