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
The Allegheny River traffic grew to great proportions—fully 1,000 boats
and some thirty steamers were in the fleet, and at least 4,000 men. This
traffic was developed by men who saw here their opportunity of fortune,
as others had seen it in drilling or teaming. The foremost of these men
was an Ohio River captain, driven northward by the war, one J. J.
Vandergrift. Captain Vandergrift had run the full gamut of river
experiences from cabin-boy to owner and commander of his own steamers.
The war stopped his Mississippi River trade. Fitting up one of his
steamers as a gun-boat, he turned it over to Commodore Foote and looked
for a new stream to navigate. From the Oil Region at that moment the
loudest cry was for barrels. He towed 4,000 empty casks up the river,
saw at once the need of some kind of bulk transportation, took his hint
from a bulk-boat which an ingenious experimenter was trying, ordered a
dozen of them built, towed his fleet to the creek, bought oil to fill
them, and then returned to Pittsburg to sell his cargo. On one alone he
made $70,000.
But the railroad soon pressed the river hard. At the time of the
discovery of oil three lines, the Philadelphia and Erie, the Buffalo and
Erie (now the Lake Shore), connecting with the Central, and the Atlantic
and Great Western, connecting with the Erie, were within teaming
distance of the region. The points at which the Philadelphia and Erie
road could be reached were Erie, forty miles from Titusville, Union
City, twenty-two miles, and Corry, sixteen miles. The Buffalo and Erie
was reached at Erie. The Atlantic and Great Western was reached at
Meadville, Union City and Corry, and the distances were twenty-eight,
twenty-two and sixteen miles, respectively. Erie was the favourite
shipping point at first, as the wagon road in that direction was the
best. The amount of freight the railroads carried the first year of the
business was enormous. Of course connecting lines were built as rapidly
as men could work. By the beginning of 1863 the Oil Creek road, as it
was known, had reached Titusville from Corry. This gave an eastern
connection by both the Philadelphia and Erie and the Atlantic and Great
Western, but as the latter was constructing a branch from Meadville to
Franklin, the Oil Creek road became the feeder of the former
principally. Both of these roads were completed to Oil City by 1865.
Public-domain text, read in full here on John Shaqi.
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