CONTENTS
CHAPTER NINE
Project for seaboard pipe-line pushed by independents—Tidewater pipe company formed—Oil pumped over mountains for the first time—Independent refiners ready to unite with Tidewater because it promises to free them from railroads—The Standard face to face with a new problem—Day of the railroads over as long distance transporters of oil—National Transit Company formed—War on the Tidewater begun—Plan to wreck its credit and but it in—Rockefeller buys a third of the Tidewater's stock—The Standard and Tidewater become allies—National Transit Company now controls all pipe-lines—Agreement entered into with Pennsylvania railroad to divide the business of transporting oil |
Pages 3-30 |
CHAPTER TEN
Rockefeller now plans to organise oil marketing as he had already organised oil transporting and refining—Wonderfully efficient and economical system installed—Curious practices introduced—Reports of competitors' business secured from railway agents—Competitors' clerks sometimes secured as allies—In many instances full records of all oil shipped are given Standard by railway and steamship companies—This information is used by Standard to fight competitors—Competitors driven out by underselling—Evidence from all over the country—Pretended independent oil companies started by the Standard—Standard's explanation of these practices is not satisfactory—Public drives no benefit from temporary lowering of prices—Prices made abnormally high when competition is destroyed |
Pages 31-62 |
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