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
Mr. Rockefeller’s point of view was different. He believed that the
“good of all” was in a combination which would control the business as
the South Improvement Company proposed to control it. Such a combination
would end at once all the abuses the business suffered. As rebates and
special rates were essential to this control, he favoured them. Of
course Mr. Rockefeller must have known that the railroad was a common
carrier, and that the common law forbade discrimination. But he knew
that the railroads had not obeyed the laws governing them, that they had
regularly granted special rates and rebates to those who had large
amounts of freight. That is, you were able to bargain with the railroads
as you did with a man carrying on a strictly private business depending
in no way on a public franchise. Moreover, Mr. Rockefeller probably
believed that, in spite of the agreements, if he did not get rebates
somebody else would; that they were for the wariest, the shrewdest, the
most persistent. If somebody was to get rebates, why not he? This point
of view was no uncommon one. Many men held it and felt a sort of scorn,
as practical men always do for theorists, when it was contended that the
shipper was as wrong in taking rates as the railroads in granting them.
Thus, on one hand there was an exaggerated sense of personal
independence, on the other a firm belief in combination; on one hand a
determination to root out the vicious system of rebates practised by the
railway, on the other a determination to keep it alive and profit by it.
Those theories which the body of oil men held as vital and fundamental
Mr. Rockefeller and his associates either did not comprehend or were
deaf to. This lack of comprehension by many men of what seems to other
men to be the most obvious principles of justice is not rare. Many men
who are widely known as good, share it. Mr. Rockefeller was “good.”
There was no more faithful Baptist in Cleveland than he. Every
enterprise of that church he had supported liberally from his youth. He
gave to its poor. He visited its sick. He wept with its suffering.
Moreover, he gave unostentatiously to many outside charities of whose
worthiness he was satisfied. He was simple and frugal in his habits. He
never went to the theatre, never drank wine. He gave much time to the
training of his children, seeking to develop in them his own habits of
economy and of charity. Yet he was willing to strain every nerve to
obtain for himself special and unjust privileges from the railroads
which were bound to ruin every man in the oil business not sharing them
with him. He was willing to array himself against the combined better
sentiment of a whole industry, to oppose a popular movement aimed at
righting an injustice, so revolting to one’s sense of fair play as that
of railroad discriminations. Religious emotion and sentiments of
charity, propriety and self-denial seem to have taken the place in him
Public-domain text, read in full here on John Shaqi.
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