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Title    Author    Year    Contributors

 

The History of the Standard Oil Company

The History of the Standard Oil Company

Author: Ida Tarbell

Year Published: 1904

Description: In The History of the Standard Oil Company, journalist Ida Tarbell exposed the inner workings and corrupt practices of John D. Rockefeller’s Standard Oil, the U.S.’s first major industrial monopoly, which at the beginning of the 20th century controlled nearly all oil refineries in the country. First published as a 19-part series in McClure’s magazine, it is often cited as a classic example of muckraking (along with Upton Sinclair’s The Jungle) and played a significant role in the breakup of Standard Oil in 1911, when the Supreme Court declared it in violation of antitrust laws.


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'When the business man who fights to secure special privileges, to crowd his competitor off the track by other than fair competitive methods, receives the same summary disdainful ostracism by his fellows that the doctor or lawyer who is "unprofessional," the athlete who abuses the rules, receives, we shall have gone a long way toward making commerce a fit pursuit for our young men.'  

The History of The Standard Oil Company

 

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