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
now a million dollars’ (or a million and a half, something like
that—a very large sum), ‘and we don’t propose to go into another
fight.’”[61]
Strange as it may seem there were not only men in the refining business
who were willing to fight under these conditions, there were men among
the very ones who had succumbed at the opening of the Standard’s
onslaught who were ready to try the business again. Among these was
William Harkness, whose experience up to 1876 was related in the
preceding chapter. Mr. Harkness’s next experience in the oil business
was related to the same committee as that already mentioned:
“When I was compelled to succumb,” he said, “I thought it was only
temporarily; that the time would come when I could go into the
business I was devoted to. We systematised all our accounts and knew
where the weak points were. I was in love with the business. I
selected a site near three railroads and the river. I took a run
across the water—I was tired and discouraged and used up in 1876,
and was gone three or four months. I came back refreshed and ready
for work, and had the plans and specifications and estimates made
for a refinery that would handle 10,000 barrels of oil a day, right
on this hundred acres of land. I believed the time had arrived when
the Pennsylvania Railroad would see their true interest as common
carriers, and the interest of their stockholders and the business
interest of the city of Philadelphia, and I took those plans,
specifications, and estimates, and I called on Mr. Roberts,
president of the Pennsylvania Railroad Company. I had consulted one
or two other gentlemen, whose advice was worth having, whether it
would be worth my while to go to see President Roberts. I went there
and laid the plans before him, and told him I wanted to build a
refinery of 10,000 barrels capacity a day. I was almost on my knees
begging him to allow me to do that. He said; ‘What is it you want?’
I said; ‘I simply ask to be put upon an equality with everybody
else, and especially the Standard Oil Company.’ I said; ‘I want you
to agree with me that you will give me transportation of crude oil
as low as you give it to the Standard Oil Company or anybody else
for ten years, and then I will give you a written assurance that I
will do this refining of 10,000 barrels of oil a day for ten years.’
I asked him if that was not an honest position for us to be in; I,
as a manufacturer, and he, the president of a railroad. Mr. Roberts
said there was a great deal of force in what I said, but he could
not go into any written assurance. He said he would not go into any
such agreement, and I saw Mr. Cassatt. He said in his frank way;
‘That is not practicable, and you know the reason why.’”
Public-domain text, read in full here on John Shaqi.
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