The History of the Standard Oil Company — John Shaqi
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
only on the innocent and the weak.
Serious as all these problems were, there was no discouragement or
shrinking from them. The oil men had rid themselves of bunco men and
burst the “oil bubbles.” They had harnessed the brokers in exchanges and
made strict rules to govern them. They had learned not to fear the
foreigners, and to take with equal _sang froid_ the “dry-hole” which
made them poor, or the “gusher” which made them rich. For every evil
they had a remedy. They were not afraid even of the railroads, and
loudly declared that if the discriminations were not stopped they would
build a railroad of their own. Indeed, the evils in the oil business in
1871, far from being a discouragement, rather added to the interest.
They had never known anything but struggle—with conquest—and twelve
years of it was far from cooling their ardour for a fair fight.
More had been done in the Oil Regions in the first dozen years than the
development of a new industry. From the first there had gone with the
oil men’s ambition to make oil to light the whole earth a desire to
bring civilisation to the wilderness from which they were drawing
wealth, to create an orderly society from the mass of humanity which
poured pell-mell into the region. A hatred of indecency first drew
together the better element of each of the rough communities which
sprang up. Whiskey-sellers and women flocked to the region at the
breaking out of the excitement. Their first shelters were shanties built
on flatboats which were towed from place to place: They came to
Rouseville—a collection of pine shanties and oil derricks, built on a
muddy flat—as forlorn and disreputable a town in appearance as the earth
ever saw. They tied up for trade, and the next morning woke up from
their brawl to find themselves twenty miles away, floating down the
Allegheny River. Rouseville meant to be decent. She had cut them loose,
and by such summary vigilance she kept herself decent. Other towns
adopted the same policy. By common consent vice was corralled largely in
one town. Here a whole street was given up to dance-houses and saloons,
and those who must have a “spree” were expected to go to Petroleum
Centre to take it.
[Illustration:
FAC-SIMILE OF A LABEL USED BY S. M. KIER IN ADVERTISING ROCK-OIL
OBTAINED IN DRILLING SALT WELLS NEAR TARENTUM, PENNSYLVANIA
]
[Illustration:
FAGUNDUS—A TYPICAL OIL TOWN
]
Public-domain text, read in full here on John Shaqi.
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