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
They prepared a petition ninety-three feet long praying for a free
pipe-line bill, something which they had long wanted, but which, so far,
the Pennsylvania Railroad had prevented their getting, and sent it by a
committee to the Legislature; and for days they kept 1,000 men ready to
march on Harrisburg at a moment’s notice if the Legislature showed signs
of refusing their demands. In short, for weeks the whole body of oil men
abandoned regular business and surged from town to town intent on
destroying the “Monster,” the “Forty Thieves,” the “Great Anaconda,” as
they called the mysterious South Improvement Company. Curiously enough,
it was chiefly against the combination which had secured the
discrimination from the railroads—not the railroads which had granted
it—that their fury was directed. They expected nothing but robbery from
the railroads, they said. They were used to that; but they would not
endure it from men in their own business.
When they began the fight the mass of the oil men knew nothing more of
the South Improvement Company than its name and the fact that it had
secured from the railroads advantages in rates which were bound to ruin
all independent refiners of oil and to put all producers at its mercy.
Their tempers were not improved by the discovery that it was a secret
organisation, and that it had been at work under their very eyes for
some weeks without their knowing it. At the first public meeting this
fact came out, leading refiners of the region relating their experience
with the “Anaconda.” According to one of these gentlemen, J. D.
Archbold—the same who afterward became vice-president of the Standard
Oil Company, which office he now holds—he and his partners had heard of
the scheme some months before. Alarmed by the rumour, a committee of
independent refiners had attempted to investigate, but could learn
nothing until they had given a promise not to reveal what was told them.
When convinced that a company had been formed actually strong enough to
force or persuade the railroads to give it special rates and refuse them
to all persons outside, Mr. Archbold said that he and his colleagues had
gone to the railway kings to remonstrate, but all to no effect. The
South Improvement Company by some means had convinced the railroads that
they owned the Oil Regions, producers and refiners both, and that
hereafter no oil of any account would be shipped except as they shipped
it. Mr. Archbold and his partners had been asked to join the company,
but had refused, declaring that the whole business was iniquitous, that
they would fight it to the end, and that in their fight they would have
the backing of the oil men as a whole. They excused their silence up to
this time by citing the pledge[19] exacted from them before they were
informed of the extent and nature of the South Improvement Company.
Public-domain text, read in full here on John Shaqi.
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