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John D. Rockefeller's painting by John Singer Sargent in 1917. Rockefeller had a long and controversial career in the oil industry followed by a long career in philanthropy. His image is an amalgam of all of these experiences and the many ways he was viewed by his contemporaries. These contemporaries include his former competitors, many of whom ...
United States v. Standard Oil Co. of New Jersey, 173 F. 177 (C.C.E.D. Mo. 1909) Holding; The Standard Oil Company conspired to restrain the trade and commerce in petroleum, and to monopolize the commerce in petroleum, in violation of the Sherman Act, and was split into many smaller companies. Several individuals, including John D. Rockefeller ...
John D. Rockefeller c. 1872, shortly after founding Standard Oil. Standard Oil's prehistory began in 1863, as an Ohio partnership formed by industrialist John D. Rockefeller, his brother William Rockefeller, Henry Flagler, chemist Samuel Andrews, silent partner Stephen V. Harkness, and Oliver Burr Jennings, who had married the sister of William Rockefeller's wife.
Around the turn of the twentieth century, Big Oil was John D. Rockefeller's Standard Oil Trust. By 1904, the monopoly controlled 91% of the U.S. oil market and 85% of final sales. But it was in ...
John D. Rockefeller is considered to be the wealthiest American of all time, earning his immense fortune after gaining control of 90 percent of American oil production in the late 1800s. The oil ...
A 1904 editorial review from The New York Times relayed the highlights of the volumes to the public, noting the diplomatic tendencies of Tarbell within her work – still widely respectful of the achievements of John D. Rockefeller but critical of Standard Oil's business strategies that were unfair and of questionable legality. [5]
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Working with owner John D. Rockefeller, Charles Pratt's Astral Oil Works in 1874 began to buy refineries in Brooklyn to decrease competition. Around this time, the coopers ' union opposed Pratt's efforts to cut back on certain manual operations, as they were the craftsmen who made the barrels that held the oil.