Rockefeller, see John D. He bought a residence in on 54th Street near the mansions of other magnates such as William Henry Vanderbilt. John Davison Rockefeller moved with his family to Cleveland, Ohio, at the age of John D. Rockefeller waltz.poplertydes.top John D. Rockefeller Jr. John Davison Rockefeller (July 8, In his biography, Study in Power, John D. Rockefeller, John D. Rockefeller Jr. Supreme Court found Standard Oil in violation of anti-trust laws and ordered it to dissolve. Interaction Help About Wikipedia Community portal Recent changes Contact page.
Ormond BeachFlorida. Rockefellerin full John Davison Rockefeller born July 8,Richford, New YorkU. He moved with his family to Moravia, New York, and, into OswegoNew York, where he attended Oswego Academy. Sensing the commercial potential of the expanding oil production in western Pennsylvania johhn the early s, he built his first oil refinery, near Cleveland, in Within two years it world trade center biography the largest refinery in the area, and thereafter Rockefeller devoted himself exclusively to the oil business.
In Rockefeller and a few associates, a group that included American financier Henry M. Flaglerincorporated the Standard Oil Company Ohio.
That fact enabled the company to negotiate with railroads for favoured rates on its shipments of oil. It acquired pipelines and terminal facilities, purchased competing refineries in other cities, and vigorously sought to expand its markets in the United States and abroad.
In Rockefeller and his associates placed the stock of Standard of Ohio and its affiliates in other states under the control of a board of nine trustees, with Rockefeller at the head.
They thus established the first major U. By Standard Oil had a near monopoly on the oil business in the United States. The aggressive competitive practices of Standard Oil, which many regarded as ruthless, and the growing public hostility toward roc,efeller, of which Standard was the best-known, caused some industrialized states to enact antimonopoly laws and led to the passage by the U. Congress of the Sherman Antitrust Act in see also antitrust john davison rockefeller jr biography.
In the Ohio Supreme Court held that the Standard Oil Trust was a monopoly in violation of an Ohio law prohibiting monopolies. Rockefeller evaded the decision by dissolving the trust and transferring its properties rockefellfr companies in other states, with interlocking directorates so that the same nine men controlled the operations of the affiliated companies.
In these companies were brought back together in a companyStandard Oil Company New Jerseywhich existed untilwhen the U. Supreme Court declared it davidon violation of the Sherman Antitrust Act and therefore illegal. A devout BaptistRockefeller turned his attention increasingly during the s to charities and benevolence; after he devoted himself completely to philanthropy.
In association with his son, John D. Articles from Britannica johns davison rockefeller jr biography for elementary and high school students. Rockefeller was an American businessman. He was the founder of the Standard Oil Company. Standard Oil dominated the oil business in the late s and biograph s.
It became the john davison rockefeller jr biography U. American industrialist and philanthropist John Jjohn. Rockefeller was the founder of the Standard Oil Company, which dominated the oil industry and was the lisa tickner biography great U.
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Spotlight Demystified Quizzes Galleries Lists On This Day. What are you looking for? Also known dqvison John Davison Rockefeller born July 8, RichfordNew York died May 23, aged 97 Ormond BeachFlorida.
View Biographies Related To Categories business philanthropy Dates July 8 May Overview of the first oil pipelinewhich attempted to compete with Standard Oil Company and …. Learn More in these related articles: The United States has the longest standing policy of maintaining competition among business enterprises through a variety of laws.
The growth of industry. Of this numerous group the best known were John D. Rockefeller in oil, Andrew Carnegie in steel, and such railroad builders and promoters as Cornelius Vanderbilt, Leland Stanford, Collis P.
Huntington, Henry Villard, and James J. The john davison rockefeller jr biography important fuel for the new prime movers was petroleum, and the rapid expansion of its production has already been mentioned.
In the hands of John D. Rockefeller and his Standard Oil organization it bigoraphy into a vast undertaking in the United States after the end of the Civil War, but the oil-extraction rockefepler was not so well organized More about John D. Rockefeller 10 References found in Britannica Articles.
Famous Entrepreneurs - Biography of John D.
Rockefeller Ohio History Central - Biography of John D. Rockefeller Public Broadcasting Service - Biography of John D.
Rockefeller Senior Spartacus Educational - Biography of John D. Rockefeller The Famous People - Biography of Biographg D. Rockefeller United States History - Biography of John D.
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