Standard Oil Company; Trusts, Industrial -- United States
The rest of the old man's story was told by him under oath in a suit
he brought against members of the combination.[343] "The idea of
continuous distillation, as it was suggested to me at Jersey City, was
always in my brain ever since. I made an attempt to construct such
works in 1876 under Mr. Cary. I run out of money. I had been robbed out
of my pipe line that cost me $100,000, and my oil-refinery in which I
had more than $100,000. Mr. Cary said he was going to build a little
refinery. He said he had $10,000 that we might use in making oil in a
continuous way. We got our lease and broke ground in 1876. We had not
got very far--we got the pipe on the ground and some brick and one
old-fashioned still--when" the representative of the oil combination,
one of its principal members, "came on to the ground ... the 15th
of December, 1876. He asked me if I would not take a salary and not
build these works in opposition to them. I told him 'No.' Then he
wanted I should take a life salary, one that would support me for life
comfortably. I told him I did not want his salary; I wanted to build
this refinery and make oil in a new continuous way. He then wanted me
to let him build it. He said, 'We will build it for you.' I objected
to this. He then said that I could make no money if I did refine oil.
He also said if I did I could not ship it. He said he would say to me
confidentially that they had made such arrangements with the railroads
in reference to freight--in reference to getting cars--he knew I could
make no money if I did make oil."
Almost on the same day--May 14, 1888--on which Van Syckel was giving
the jury this undisputed account, sustained by the judge and jury, of
how the combination used "arrangements with the railroads" against
its rivals, another pioneer, even more distinguished, was relating
his almost identical experience before the committee of Congress
investigating trusts, May 3, 1888. This was Joshua Merrill, "to whom,"
said S. Dana Hayes, State Chemist of Massachusetts, "more than to any
one else, belongs the honor of bringing this manufacture to its present
advanced state."[344] Merrill's inventions and successful labors are
described in the United States Census Report on Petroleum, 1885. He was
at work guessing the riddles of petroleum as long ago as 1854.[345]
From 1866 to 1888 he and his partners ran a refinery at Boston.
"What has become of it?"
"We have recently dismantled it."[346]
For several years their business had been unprofitable. There were two
causes, he explained. One was that they made a better quality of oil
than the average, at a cost which they could not recoup from the prices
established in the market by poorer oils. The other cause was the
extraordinary charges made against his firm by the railways in Boston
which brought their crude.
Public-domain text, read in full here on John Shaqi.
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