Standard Oil Company; Trusts, Industrial -- United States
"I will not directly, or indirectly, in any way, either alone or in
company with any person, or as a share-holder in any corporation,
engage in or in any way concern myself or allow knowingly any capital
or moneys to be employed in the business or trade of refining,
manufacturing, producing, piping, or dealing in petroleum, or any of
its products, within the county of Cuyahoga, and State of Ohio, nor at
any other place whatsoever."[120]
Their secret of success, the president swore in this very case, is "the
very large volume" of purchases, "long continuance in the business,"
"experience," "knowledge of all the avenues of trade," "skill of
experienced employés," and so forth. But with all this they did not
dare leave this middle-aged woman free to challenge them again on
the field of competition. The purchase was made in the name of three
members of the great oil company, and it was paid for by the check of
that concern.
Of these men one was among the "trustees" indicted and tried in 1885
for complicity in the plot to blow up a rival refinery, but let go by
the judge.
At the time the sale was concluded the widow refiner declared, "The
obtaining of her stock was no better than stealing." When the papers
were brought to her to sign she "hesitated," and said, "It is like
signing my death-warrant. I believe it will prove my death-warrant."
"The promises made by the president," she testifies, "were none of them
fulfilled."
Being only a woman, and not understanding "business," for all her
brilliant success in stepping into her husband's place, and doing
the double work of home-maker and bread-winner, the widow could not
restrain herself from giving a most uncommercial piece of her mind
to those who had got possession of her property for a sum which they
would recover out of its profits in two or three years. She sent the
following letter:
"November 11, 1878, Monday Morning.
Public-domain text, read in full here on John Shaqi.
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