"Rockefeller, John Davison (1839-1937), was an American businessman,. who made a fortune in the petroleum industry, and became famous for his philanthropy (charity)." (World book, vol 16,). He was the leading force behind the development of the Standard oil Company, which grew to dominate the oil industry and became one of the first big trusts in the United States, thus engendering much controversy and opposition regarding its business practices and form of organization. Rockefeller also was one of the first major philanthropists in the U.S., establishing several important foundations and donating a total of about $550 million to charitable purposes.
"The Standard oil company was established in 1870 by Rockefeller" along with "Andres & Flager, his younger brother William and some associates." World book 16). The Standard Oil Company was first known as the Standard Oil Company of Ohio in 1862 when John D Rockefeller first went into the oil business, but the name was changed to the Standard oil company in 1870 when Rockefeller and some business partners bought most of the oil refineries in Cleveland, New York and other cities. .
"In 1882, they transferred the stock of all their companies into the newly formed Standard Oil Trust. This transfer of control helped unify the management of the organizations and lessened legal difficulties. The Standard Oil Trust immediately became the business in the oil industry. It controlled more than 90 percent of the country's refining capacity."(835) This made Rockefeller a wealth man, In addition to being the head of one of the largest company in the world, Rockefeller owned iron mines and timberland and invested in numerous companies in manufacturing, transportation, and other industries. Although he held the title of president of Standard Oil until 1911, Rockefeller retired from active leadership of the company in 1896.(other encyclopedia) Shortly before retiring as active leader, the Company was forced by the Ohio Supreme Court in 1892 to dissolve and was renamed "Standard Oil Company ( New Jersey), often referred to as Jersey Standard", after numerous public Criticism about Rockefeller and his methods.
Bailey, Rockefeller's famous tactics are broken down in a commentary by George Rice, a competitor of Rockefeller's, entitled "An Oil Man Goes Bankrupt (1899)". ... Clark, started a small oil refinery in 1863 (Rockefeller 1). ... Rockefeller, Family and Associates. ... Rockefeller; 1839-1937". The Rockefeller University: 1997. 1-5. ...
Rockefeller, Sr.. ... God's Gold: The Story of Rockefeller and his Times. ... Rockefeller: The Heroic Age of American Enterprise. ... Rockefeller established the Rockefeller Foundation in 1913 and by 1929 he had contributed a total $235,000,000 to this foundation. ... Rockefeller died on May 23, 1937. ...
Rockefeller Was John D. Rockefeller of Standard Oil a Robber-Barron or was he a Captain of Industry. ... Nevins wrote, " Rockefeller was a realist... ... Rockefeller owned successful refinery in Cleveland. . . . ... Rockefeller was living was the American dream. ...
Rockefeller. ... Rockefeller, like Carnegie, believed in the system of vertical integration to make his business, Standard Oil, thrive. ... "The Standard Oil Co. brooks no competition...its settled policy and firm determination is to crush out all who may be rash enough to enter the field against it...it hesitates at nothing at accomplishing that purpose" a congressional investigating comittee said after observing Rockefeller's business. ... Rockefeller's cruel and harsh ways of keeping labor and production cheap and a way of a monopolistic control made his oil business boom. ... ...
Rockefeller of Standard Oil a Robber-Barron or was he a Captain of Industry. ... Rockefeller had a vision of combination and order in his oil industry. ... Nevins wrote, " Rockefeller was a realist... ... Rockefeller owned successful refinery in Cleveland. . . . ... Rockefeller was living was the American dream. ...
Some of the major contributions that he made were to the Rockefeller Institute for Medical Research, the Rockefeller Foundation, University of Chicago and the General Education Board. John Rockefeller was born to a large family on July 8th, 1839 in Richford, New York. ... Clark and the company was called Clark and Rockefeller. ... Another contribution that Rockefeller made to society was the Rockefeller Institute for Medical Research. ... John Rockefeller was one of the biggest philanthropists of the Gilded Age. ...
Rockefeller was born on July 8, 1839 in New York. ... Rockefeller lived in a modest environment and attended Central High School in Cleveland. ... Soon, Cleveland became a major refining center and Rockefeller and Clark entered the business together as refiners. ... Rockefeller bought the refinery for $72, 500 and with Andrews, created Rockefeller & Andrews. ... Rockefeller helped many organizations and donated mass amounts of money for charitable purposes. ...
Rockefeller is still credited with having organized and imposed order on the petroleum industry. ... Rockefeller was the same age when he built the Standard Oil Company. ... Among the positive aspects of the industrialists, Rockefeller and Carnegie are remembered for their unwavering ruthlessness. ... Rockefeller was able to reach his high level of success by selling the best products for the cheapest price, undoubtedly making him a captain of industry. Yet this success came at a price; Rockefeller's actions tarnished his reputation and made other view him as a robber baron. ...
Rockefeller "the oil baron" and J. ... Rockefeller flourished at a time when there was complete free enterprise. Rockefeller gained success by pursuing a policy of rule or ruin. Rockefeller rarely showed any mercy, and just sought power. ... Rockefeller was aggressive and constantly went after money. ...
