Standard Oil Company; Trusts, Industrial -- United States
Several other refiners, seeing the advantages of Marietta, had settled
there. They who elected themselves to be trustees of the light of the
world, thus having the advantages of the place pointed out to them by
practical men, determined that Marietta must be theirs. They bought up
some of the refiners. Then they stopped buying. Their representative
there, afterwards a member of the trust, "told me distinctly that
he had bought certain refineries in Marietta, but that he would not
buy any more.... He had another way," he said, "of getting rid of
them."[359] Of these "other ways" the independents were now to have a
full exposition. In January, 1879, freight rates on oil were suddenly
and without previous notice raised by the railroads leading out of
Marietta, and by their connections. Some of the rates were doubled. The
increase was only on oil. It was--in Ohio--only on oil shipped from
Marietta; it was exacted only from the few refiners who had not been
bought, because there were "other ways of getting rid of them."[360]
This freight-tariff attack on the independent refiners was arranged by
their powerful rival and the railroad managers at a secret conference,
as the latter admitted.
"Did you have any consultation or invite consultation with other
manufacturers of oil at Marietta?"
"No, sir."[361]
When the representatives of the combination in this market were taxed
by a dealer with getting the benefit of this manipulation of freight,
"they laughed." All the railroads took part in the surprise. Curiously
enough, the minds of the managers of a dozen roads acted simultaneously
and identically, over thousands of miles of country--some, as they
admitted, with suggestion, and some, as they testified, without
suggestion--upon so precise a detail of their business as the rates
on oil at one little point. "I did it at my own instance," said the
freight agent of the Baltimore and Ohio. Freight officials of railways
as far apart east, west, and south, and in interest, as the Baltimore
and Ohio, and the Pennsylvania, and the Lake Shore, which had no direct
connection with Marietta, and reached it only over other lines, stopped
their "wars" to play their part in the move by raising the rate on oil
only, and, most remarkable of all, to a figure at which neither they,
nor the railroad connecting them with Marietta, nor (and this was the
game they were gunning for) the independent refiners could do any
business. From other points than Marietta, as Cleveland, Parkersburg,
Pittsburg, and Wheeling, where the combination had refineries, but the
Marietta independents had none, the railroads left the former rates
unchanged.[362]
Public-domain text, read in full here on John Shaqi.
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