Full Text

Rockefeller, John Davison


Subject History

Place Northern America » United States of America

DOI: 10.1111/b.9781577180999.1997.x


Extract

(b. Richford, N.Y., 8 July 1839; d. Ormond Beach, Fla., 23 May 1937) He matured in Cleveland, where he entered the oil refining business in 1862 and organized the Standard Oil Co. in 1867. He bought out or merged with competitors so rapidly that by 1879 he controlled 90 percent of US refining capacity, as well as a pipeline network and vast reserves of underground oil. In 1882 he consolidated his companies outside Ohio into the S tandard O il T rust . By 1892 Rockefeller was worth $800,000,000 and had become to reformers of the P rogressive E ra a symbol of monopoly power built upon cut-throat competition. Following the trust's dissolution in 1911, Rockefeller retired and donated much of his billion-dollar fortune to philanthropy. ... log in or subscribe to read full text

Log In

You are not currently logged-in to Blackwell Reference Online

If your institution has a subscription, you can log in here:

 

     Forgotten your password?

Find out how to subscribe.

Your library does not have access to this title. Please contact your librarian to arrange access.

Table of Contents

A Dictionary of American History



[ access key 0 : accessibility information including access key list ] [ access key 1 : home page ] [ access key 2 : skip navigation ] [ access key 6 : help ] [ access key 9 : contact us ] [ access key 0 : accessibility statement ]

Blackwell Publishing Home Page

Blackwell Reference Online ® is a Blackwell Publishing Inc. registered trademark
Technology partner: Semantico Ltd.

Copyright

Blackwell Publishing and its licensors hold the copyright in all material held in Blackwell Reference Online. No material may be resold or published elsewhere without Blackwell Publishing's written consent, save as authorised by a licence with Blackwell Publishing or to the extent required by the applicable law.

Back to Top