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The History of the Standard Oil Company is a 1904 book by journalist Ida Tarbell.It is an exposé about the Standard Oil Company, run at the time by oil tycoon John D. Rockefeller, the richest figure in American history.
A Pennsylvania oil field in 1862. Ida Tarbell's early life in the oil fields of Pennsylvania would have an impact when she later wrote on the Standard Oil Company and on labor practices. The Panic of 1857 hit the Tarbell family hard as banks collapsed and the Tarbells lost their savings. Franklin Tarbell was away in Iowa building a family ...
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.
The oil producers did not object to the organization because the organizers made clear they were not seeking to reduce the price of crude oil. Rockefeller was chosen to head the organization because refiners did not fear his takeover of this organization. The association collapsed at the beginning of the Panic of 1873. Standard Oil would buy up ...
One of the most effective attacks on Rockefeller and his firm was the 1904 publication of The History of the Standard Oil Company, by Ida Tarbell, a leading muckraker. She documented the company's espionage, price wars, heavy-handed marketing tactics, and courtroom evasions. [90]
“Standard (Oil) at $2,014 makes its head a billionaire,” blared The New York Times headline, adding that Standard Oil’s soaring share price “makes John D. Rockefeller, founder and largest ...
He later fleshed out his case against the unbridled corporate power of Standard Oil and similar corporations in his best-known book, Wealth Against Commonwealth, published in 1894. Lloyd's work thus preceded Ida Tarbell's more famous 1904 work, " The History of Standard Oil ," by a number of years.
The Rockefeller fund is the most notable name in a list of billionaires and funds that have pledged to shift anything up to $50 billion away from coal, oil and gas and into renewable energy as ...