Standard Oil Company; Trusts, Industrial -- United States
There was no oil in Wyoming, and the refiner went back to Rochester,
and, as so many others have done, sold the control of his works,
the Vacuum, to the "successful men" of the combination, and stepped
silently into the minority place. His Wyoming friend, Charles B.
Matthews, had continued in his service, and when the Vacuum was sold
he and two other of its employés made up their minds to go into the
business of refining in Buffalo on their own account. They were under
no obligations or contract to remain, and did not suppose themselves
to have been sold along with the concern. They were capable men, and
showed great business sense in their arrangements. Buffalo, by its
connections by rail and the lake with the market, and its nearness
to the oil supply, was a much better situation than Rochester or
Cleveland. An independent refining company--the Atlas--was then
constructing an independent pipe line from the oil regions to Buffalo.
"This made Buffalo the best point for establishing refining industries
in the country, with its canal and lake transportation for the products
of the factory, and with a pipe line, in the hands of independents,
from the crude oil wells to the city," said the Buffalo _Express_.
Matthews had by this time had several years' experience in the
business. Of the two with him, Albert was a laborer, who had worked
his way up in the Vacuum refinery until he could run the stills, and
had learned how to make oil. He and his thrifty wife had saved a few
thousand dollars. He was ambitious. He had learned at school and in the
army and at Fourth-of-July celebrations that America is a free country
for all, and that there are no classes here, and that any workman
may go to the top. Farmer Matthews had fed his boyhood with stories
of country boys who had gone to the city and matured into business
magnates. He and Albert pooled their visions and their savings,
borrowed some money, and went to work. As for competition, though
they knew it was close, they were not afraid but that they could hold
their own in a fair fight, and of anything but a fair fight they never
dreamed.
"How are you going to get your crude oil?" Albert and Matthews were
asked when they went to tell their employer what they were going to do.
"From the Atlas pipe line."
"You will wake up some day and find that there is no Atlas Oil Company.
"We have ways," he continued, "of making money you know nothing about,"
using, singularly enough, the phraseology employed by a greater man in
the interview with another would-be competitor.[455]
"As gentlemen," he went on to say, "I respect you, but as to the
Buffalo Lubricating Oil Company I shall do all in my power to injure or
destroy it."[456]
Afterwards Albert alone was sent for. "Don't you think it would be
better for you to leave these men, and have $20,000 deposited to your
wife's credit than go with these parties?"
"I went out with them in good faith, and I propose to stay."
Public-domain text, read in full here on John Shaqi.
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