Standard Oil Company; Trusts, Industrial -- United States
Like the third vice-president he offered to intercede with them to get
transportation over his own road for his own customers. Like men they
refused the offer.
"We were, of course, very indignant," one of them said, in relating
this experience in court.[145]
A little later a rich and expert refiner, who had sold out in 1876,
made up his mind to try again. The Pennsylvania road had a new
president by this time, but the old "no" was still in force.
"When I was compelled to succumb I thought it was only temporarily,
that the time would come when I could go into the business I was
devoted to. I was in love with the business. I took a run across the
water; I was tired and discouraged and used up in 1878, and was gone
three or four months. I came back ready for work, and had the plan,
specifications and estimates made for a refinery that would handle
ten thousand barrels of oil in a day. I selected a site near three
railroads and a river; I would have spent about five hundred thousand
dollars, and probably a couple of hundred thousand more. I believed the
time had arrived when the Pennsylvania Railroad would see their true
interest as common carriers, and the interest of their stockholders,
and the business interest of the City of Philadelphia. I called on the
President of the Pennsylvania Railroad; I laid the plans before him,
and told him I wanted to build a refinery of ten thousand barrels'
capacity a day. I was almost on my knees begging him to allow me to do
that.
"'What is it you want?' he said.
"'Simply to be put upon an equality with everybody else--especially the
Standard Oil Company. I want you to agree with me that you will give me
transportation of crude oil as low as you give it to anybody else for
ten years, and then I will give you a written assurance that I will do
this refining of ten thousand barrels of oil a day for ten years. Is
not that an honest position for us to be in? I as a manufacturer, you
the president of a railroad.'
"'I cannot go into any such agreement.'
"I saw the third vice-president. He said, in his frank way, 'That is
not practicable, and you know the reason why.'"[146]
After their interviews with the President and Vice-President of the
Pennsylvania Railroad, these outsiders went to the officials of the
other roads, only to hear the same "No!" from all.[147]
At one time, to get oil to carry out their contracts and fill the
vessels which were waiting at the docks and charging them damages for
the delay, these refiners telegraphed to the oil regions offering the
producers there ten cents above the market price if they could get oil
to them over any of the roads to New York. They answered they could not
get the cars, and none of them accepted the offer.[148]
All the roads--as in 1872--were in league to "overcome" them.
Public-domain text, read in full here on John Shaqi.
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