The History of the Standard Oil CompanyTarbell, Ida M. (Ida Minerva)
History
The History of the Standard Oil Company
Tarbell, Ida M. (Ida Minerva)
Petroleum industry and trade -- United States -- History; Standard Oil Company -- History
Stopping the drill afforded no immediate relief to the producers. It was
for the future. And as soon as the Petroleum Producers’ Association had
the movement well under way, it proposed another drastic measure—a
thirty days’ shut-down—by which it was meant that all wells should cease
pumping for a month. Nothing shows better the compact organisation and
the determination of the oil producers at this time than the immediate
response they gave to this suggestion. In ten days scarcely a barrel of
oil was being pumped from end to end of the Oil Regions. “That a
business producing three million dollars a month, employing 10,000
labouring men and fifty million dollars of capital, should be entirely
suspended, dried up, stopped still as death by a mutual voluntary
agreement, made and perfected by all parties interested, within a space
of ten days—this is a statement that staggers belief—a spectacle that
takes one’s breath away,” cried the Derrick, which was using all its
wits to persuade the producers to limit their production. It was
certainly a spectacle which saddened the heart, however much one might
applaud the grim resolution of the men who were carrying it out. The
crowded oil farms where creaking walking-beams sawed the air from
morning until night, where engines puffed, whistles screamed, great gas
jets flared, teams came and went, and men hurried to and fro, became
suddenly silent and desolate, and this desolation had an ugliness all
its own—something unparalleled in any other industry of this country.
The awkward derricks, staring cheap shanties, big tanks with miles and
miles of pipe running hither and thither, the oil-soaked ground,
blackened and ruined trees, terrible roads—all of the common features of
the oil farm to which activity gave meaning and dignity—now became
hideous in inactivity. Oil seemed a curse to many a man in those days as
he stood by his silent wells and wondered what was to become of his
business, of his family, in this clash of interests.
While the producers were inaugurating these movements, Captain Hasson
and a committee were busy making out the plan of the permanent
association which was to control the business of oil-producing and
prevent its becoming the slave of the refining interest. The knowledge
that such an organisation was being worked out kept the oil country in a
ferment. In every district suggestions, practical and impractical, wise
and foolish, occupied every producers’ meeting and kept the idle oil men
discussing from morning until night. At one mass-meeting the following
resolution was actually passed by a body of revengeful producers:
Public-domain text, read in full here on John Shaqi.
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