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The History of the Standard Oil Company

The History of the Standard Oil Company PDF Author: Ida Minerva Tarbell
Publisher: Library of Alexandria
ISBN: 1465583351
Category : Fiction
Languages : en
Pages : 360

Book Description
One of the busiest corners of the globe at the opening of the year 1872 was a strip of Northwestern Pennsylvania, not over fifty miles long, known the world over as the Oil Regions. Twelve years before this strip of land had been but little better than a wilderness; its chief inhabitants the lumbermen, who every season cut great swaths of primeval pine and hemlock from its hills, and in the spring floated them down the Allegheny River to Pittsburg. The great tides of Western emigration had shunned the spot for years as too rugged and unfriendly for settlement, and yet in twelve years this region avoided by men had been transformed into a bustling trade centre, where towns elbowed each other for place, into which three great trunk railroads had built branches, and every foot of whose soil was fought for by capitalists. It was the discovery and development of a new raw product, petroleum, which had made this change from wilderness to market-place. This product in twelve years had not only peopled a waste place of the earth, it had revolutionised the world’s methods of illumination and added millions upon millions of dollars to the wealth of the United States. Petroleum as a curiosity, and indeed in a small way as an article of commerce, was no new thing when its discovery in quantities called the attention of the world to this corner of Northwestern Pennsylvania. The journals of many an early explorer of the valleys of the Allegheny and its tributaries tell of springs and streams the surfaces of which were found covered with a thick oily substance which burned fiercely when ignited and which the Indians believed to have curative properties. As the country was opened, more and more was heard of these oil springs. Certain streams came to be named from the quantities of the substance found on the surface of the water, as “Oil Creek” in Northwestern Pennsylvania, “Old Greasy” or Kanawha in West Virginia. The belief in the substance as a cure-all increased as time went on and in various parts of the country it was regularly skimmed from the surface of the water as cream from a pan, or soaked up by woollen blankets, bottled, and peddled as a medicine for man and beast. Up to the beginning of the 19th century no oil seems to have been obtained except from the surfaces of springs and streams. That it was to be found far below the surface of the earth was discovered independently at various points in Kentucky, West Virginia, Ohio and Pennsylvania by persons drilling for salt-water to be used in manufacturing salt. Not infrequently the water they found was mixed with a dark-green, evil-smelling substance which was recognised as identical with the well-known “rock-oil.” It was necessary to rid the water of this before it could be used for salt, and in many places cisterns were devised in which the brine was allowed to stand until the oil had risen to the surface. It was then run into the streams or on the ground. This practice was soon discovered to be dangerous, so easily did the oil ignite. In several places, particularly in Kentucky, so much oil was obtained with the salt-water that the wells had to be abandoned. Certain of these deserted salt wells were opened years after, when it was found that the troublesome substance which had made them useless was far more valuable than the brine the original drillers sought.

The History of the Standard Oil Company

The History of the Standard Oil Company PDF Author: Ida Minerva Tarbell
Publisher: Library of Alexandria
ISBN: 1465583351
Category : Fiction
Languages : en
Pages : 360

Book Description
One of the busiest corners of the globe at the opening of the year 1872 was a strip of Northwestern Pennsylvania, not over fifty miles long, known the world over as the Oil Regions. Twelve years before this strip of land had been but little better than a wilderness; its chief inhabitants the lumbermen, who every season cut great swaths of primeval pine and hemlock from its hills, and in the spring floated them down the Allegheny River to Pittsburg. The great tides of Western emigration had shunned the spot for years as too rugged and unfriendly for settlement, and yet in twelve years this region avoided by men had been transformed into a bustling trade centre, where towns elbowed each other for place, into which three great trunk railroads had built branches, and every foot of whose soil was fought for by capitalists. It was the discovery and development of a new raw product, petroleum, which had made this change from wilderness to market-place. This product in twelve years had not only peopled a waste place of the earth, it had revolutionised the world’s methods of illumination and added millions upon millions of dollars to the wealth of the United States. Petroleum as a curiosity, and indeed in a small way as an article of commerce, was no new thing when its discovery in quantities called the attention of the world to this corner of Northwestern Pennsylvania. The journals of many an early explorer of the valleys of the Allegheny and its tributaries tell of springs and streams the surfaces of which were found covered with a thick oily substance which burned fiercely when ignited and which the Indians believed to have curative properties. As the country was opened, more and more was heard of these oil springs. Certain streams came to be named from the quantities of the substance found on the surface of the water, as “Oil Creek” in Northwestern Pennsylvania, “Old Greasy” or Kanawha in West Virginia. The belief in the substance as a cure-all increased as time went on and in various parts of the country it was regularly skimmed from the surface of the water as cream from a pan, or soaked up by woollen blankets, bottled, and peddled as a medicine for man and beast. Up to the beginning of the 19th century no oil seems to have been obtained except from the surfaces of springs and streams. That it was to be found far below the surface of the earth was discovered independently at various points in Kentucky, West Virginia, Ohio and Pennsylvania by persons drilling for salt-water to be used in manufacturing salt. Not infrequently the water they found was mixed with a dark-green, evil-smelling substance which was recognised as identical with the well-known “rock-oil.” It was necessary to rid the water of this before it could be used for salt, and in many places cisterns were devised in which the brine was allowed to stand until the oil had risen to the surface. It was then run into the streams or on the ground. This practice was soon discovered to be dangerous, so easily did the oil ignite. In several places, particularly in Kentucky, so much oil was obtained with the salt-water that the wells had to be abandoned. Certain of these deserted salt wells were opened years after, when it was found that the troublesome substance which had made them useless was far more valuable than the brine the original drillers sought.

John D. Rockefeller

John D. Rockefeller PDF Author: Allan Nevins
Publisher:
ISBN:
Category : Businessmen
Languages : en
Pages : 736

Book Description


Titan

Titan PDF Author: Ron Chernow
Publisher:
ISBN: 9780316645881
Category : Capitalists and financiers
Languages : en
Pages : 774

Book Description
There are worse men than John D Rockefeller,' Arena magazine observed at the turn of the century. 'There is probably not one, however, who in the public mind so typifies the grave and startling menace to social order.' The son of a flamboyant bigamist and pedlar of patent medicine, Rockefeller was by then America's richest man, the mastermind and creator of the country's first and most powerful monopoly: the Standard Oil Company. Reaching into every household across America, Standard Oil controlled 90% of all oil refined in the US, as well as its production, transportation, marketing and distribution. The story of Rockefeller is the story of a pivotal moment in modern history: the shift, after the American Civil War, from small-scale business to economy of scale, and the development of the first modern corporation. In Ron Chernow's magisterial work we see this transition in all of its nuances - accompanied by the rise in labour militancy, the tabloid press and large-scale philanthropy. TITAN is a business epic that, by illuminating the past, teaches us much about where we are today.

John D. Rockefeller on Making Money

John D. Rockefeller on Making Money PDF Author: John D. Rockefeller
Publisher: Simon and Schuster
ISBN: 1632207370
Category : Business & Economics
Languages : en
Pages : 66

Book Description
Advice and words of wisdom from the greatest American businessman and philanthropist. John D. Rockefeller is considered to be the wealthiest man to have ever lived, after adjusting for inflation. An American businessman who made his wealth as a cofounder and leading figure of the Standard Oil Company, he also had a pivotal role in creating our modern system of philanthropy. Collected in John D. Rockefeller on Making Money are the words from the man himself, offering advice on how to successfully start and manage a booming business, as well as the most efficient ways to preserve your wealth once you have acquired it. These quotes also cover: Happiness in the face of great wealth Money and its effects Thoughts on facing public criticism Thoughts on big business in the USA Included are John D. Rockefeller’s thoughts on the most sage and conscientious manner of distributing and sharing your wealth when your wealth is overflowing. Finally, we get a glimpse into Rockefeller’s life with the inclusion of some of his most personal correspondence.

John Davison Rockefeller 1839-1937. A memorial. Privately printed for the Rockefeller Institute for Medical Research, General Education Board, the Rockefeller Foundation. [With a portrait.].

John Davison Rockefeller 1839-1937. A memorial. Privately printed for the Rockefeller Institute for Medical Research, General Education Board, the Rockefeller Foundation. [With a portrait.]. PDF Author: Rockefeller Institute for Medical Research (NEW YORK)
Publisher:
ISBN:
Category :
Languages : en
Pages : 110

Book Description


Random Reminiscences of Men and Events

Random Reminiscences of Men and Events PDF Author: John Davison Rockefeller
Publisher:
ISBN:
Category : Business
Languages : en
Pages : 222

Book Description


John D. Rockefeller

John D. Rockefeller PDF Author: Grant Segall
Publisher: Oxford University Press
ISBN: 0190283939
Category : Juvenile Nonfiction
Languages : en
Pages : 128

Book Description
Oxford Portraits are informative and insightful biographies of people whose lives shaped their times and continue to influence ours. Based on the most recent scholarship, they draw heavily on primary sources, including writings by and about their subjects. Each book is illustrated with a wealth of photographs, documents, memorabilia, framing the personality and achievements of its subject against the backdrop of history.

John D. Rockefeller: Entrepreneur & Philanthropist

John D. Rockefeller: Entrepreneur & Philanthropist PDF Author: Susan E. Hamen
Publisher: ABDO Publishing Company
ISBN: 161784070X
Category : Juvenile Nonfiction
Languages : en
Pages : 114

Book Description
This title examines the remarkable life of John D. Rockefeller. Readers will learn about Rockefeller’s family background, childhood, education, groundbreaking work in the American oil industry, and legacy of philanthropy. Color photos and informative sidebars accompany easy-to-read, compelling text. Features include a table of contents, timeline, facts, additional resources, Web sites, a glossary, a bibliography, and an index. Essential Lives is a series in Essential Library, an imprint of ABDO Publishing Company.

The Personal Relation in Industry

The Personal Relation in Industry PDF Author: John D. Jr. Rockefeller
Publisher: Good Press
ISBN:
Category : Fiction
Languages : en
Pages : 91

Book Description
"The Personal Relation in Industry" by John D. Jr. Rockefeller. Published by Good Press. Good Press publishes a wide range of titles that encompasses every genre. From well-known classics & literary fiction and non-fiction to forgotten−or yet undiscovered gems−of world literature, we issue the books that need to be read. Each Good Press edition has been meticulously edited and formatted to boost readability for all e-readers and devices. Our goal is to produce eBooks that are user-friendly and accessible to everyone in a high-quality digital format.

John D. Rockefeller

John D. Rockefeller PDF Author: Grace Goulder Izant
Publisher: Cleveland : Western Reserve Historical Society, 1972 [c1973]
ISBN:
Category : Biography & Autobiography
Languages : en
Pages : 344

Book Description
For more than sixty years, Rockefeller called Cleveland home: it was where he married and raised his children, where he launched his business career, where he kept a secluded retreat, and where he was buried.