One result largely attributable to Tarbell's work was a Supreme Court decision in 1911 that found Standard Oil in violation of the Sherman Antitrust Act . The Court found that Standard was an illegal monopoly and ordered it broken into 34 separate companies. Bloodied, Rockefeller and Standard were hardly defeated.
What did Ida Tarbell write about Standard Oil Company?
The History of the Standard Oil Company is a 1904 book by journalist Ida Tarbell. It is an exposé about the Standard Oil Company, run at the time by oil tycoon John D. Rockefeller, the richest figure in American history.
What did The History of the Standard Oil Company expose?
Her best-known work, The History of the Standard Oil Company (1904), exposed the questionable business practices of John D. Rockefeller's Standard Oil Trust , which had been formed when Rockefeller combined all his corporations in an attempt to reduce competition and control prices in the oil industry.
How did Ida Tarbell help in the Standard Oil monopoly?
How did Ida Tarbell help end the Standard Oil monopoly? She wrote a series of articles exposing the corruption of Standard Oil.
What was Standard Oil accused of?
United States, 221 U.S. 1 (1911), was a case in which the Supreme Court of the United States found Standard Oil Co. of New Jersey guilty of monopolizing the petroleum industry through a series of abusive and anticompetitive actions .
What did Ida Tarbell's writings expose?
Ida Tarbell was an American journalist born on November 5, 1857, in Erie County, Pennsylvania. ... The McClure's magazine journalist was an investigative reporting pioneer; Tarbell exposed unfair practices of the Standard Oil Company , leading to a U.S. Supreme Court decision to break its monopoly.
Who wrote the history of Standard Oil and what did it expose?
Instantly popular with readers, “The History of the Standard Oil Company” grew to be a 19-part series, published between November 1902 and October 1904. Tarbell wrote a detailed exposé of Rockefeller's unethical tactics, sympathetically portraying the plight of Pennsylvania's independent oil workers.
When did muckraker Ida Tarbell write the history of the Standard Oil Company?
Ida Tarbell wrote in her History of the Standard Oil Company ( 1904 ), “You could argue its existence from its effects, but you could not prove it.” In 1892 the Ohio Supreme Court ordered the trust dissolved, but it effectively continued to operate from headquarters in New York City.
Why did Ida Tarbell want to expose the Standard Oil Company?
Ida M. Tarbell, pictured here in 1904, made it the focus of her journalistic career to expose Standard Oil and Rockefeller's brutal business practices . Tarbell later claimed she was opposed to Standard Oil not simply because it was dominant but because of what she perceived to be unfair business practices.
When did Ida Tarbell write the history of Standard Oil Company?
Ida M. Tarbell's The History of the Standard Oil Company was first serialized in McClure's Magazine starting in 1902 and then published as a best-selling book in 1904.
What happened to the Standard Oil Company?
Standard Oil Company and Trust does not still exist . It was dissolved in 1911. However, some companies that were part of the trust persisted and, over time, merged with others and became part of such well-known companies as Exxon Mobil Corporation, BP PLC, and Chevron Corporation.
How long did Ida Tarbell spent investigating Standard Oil?
Her investigative journalism on Standard Oil was serialized in nineteen articles that ran from November 1902 to 1904 in McClure's; her first article being published with pieces by Lincoln Steffens and Ray Stannard Baker. Together these ushered in the era of muckraking journalism.
How did Tarbell see Rockefeller's role in developing the Standard Oil Company?
Tarbell then described how Rockefeller first began to receive special rates from the railroads. She demonstrated how Rockefeller used independent oil producers such as her father to further advance in the industry. Finally, she detailed the consolidation of Standard Oil as a monopoly .
Did John D Rockefeller bribe?
Rockefeller also resorted to outright bribery of Pennsylvania legislators . In the end, Rockefeller made a deal with the other company, which gave Standard Oil ownership of nearly all the oil pipelines in the nation.
Why did the Supreme Court break up Standard Oil?
of New Jersey v. United States (1911) is a U.S. Supreme Court case holding that Standard Oil Company, a major oil conglomerate in the early 20th century, violated the Sherman Antitrust Act through anticompetitive actions , i.e. forming a monopoly, and ordered that the company be geographically split.
What did the Court accuse John D Rockefeller of the United States vs Standard Oil?
Facts of the case
In 1909, a federal court found Rockefeller's company, Standard Oil, in violation of the Sherman Antitrust Act . The court ordered the dissolution of the company.
Which quote is associated with Ida Tarbell?
Imagination is the only key to the future. Without it none exists – with it all things are possible.
Who founded the Standard Oil Company of Ohio?
(Ohio), which was the original Standard Oil Co. founded by JOHN D. ROCKEFELLER in 1870 along with his brother, William, HENRY M. FLAGLER , SAMUEL ANDREWS, and STEPHEN V.
Who were Ida Tarbell's friends?
In 1906 Tarbell joined with Lincoln Steffens, Ray Stannard Baker and William A. White to establish the radical American Magazine.
Who did Tarbell interview to expose Standard Oil?
Ironically, Tarbell began her research by interviewing one of her father's former fellow independents back in Pennsylvania— Henry H. Rogers . After the Cleveland Massacre, Rogers spent 25 years working alongside Rockefeller, building Standard Oil into one of the first and largest multinational corporations in the world.
How much was the Standard Oil Company Worth?
Standard Oil, before its famous breakup due to monopolistic reasons, was worth at least $1 trillion . Adjusted for inflation it would likely be more, but we kept this conservative. Microsoft reached its peak valuation in 1999, at the top of the Dotcom Bubble.
Was Standard Oil corrupt?
By the year 1904, Standard Oil had monopolized the entire oil production and distribution industry in the United States. This monopolization was the direct cause of John D. Rockefeller, the founder of the company, becoming the richest man in modern history and the richest American of all time.
Who exposed the Standard Oil Company?
Journalist Ida M. Tarbell witnessed John D. Rockefeller's tactics in the 1870s, when the Standard Oil Company forced her father and other...
What did Lincoln Steffens investigate?
He is remembered for investigating corruption in municipal government in American cities and for his leftist values.
How did Ida Tarbell contribute to the progressive movement?
Ida Tarbell helped pioneer investigative journalism when she wrote a series of magazine articles about John D. Rockefeller and his Standard Oil Trust . She and other jour- nalists, who were called “muckrakers,” aided Progressive Movement reform efforts.
Who was Ida Tarbell and what did she expose as a muckraker?
Ida M. Tarbell's name would become synonymous with the term muckraker after publication of her 19-part expose of the business practices of John D. Rockefeller's Standard Oil Company that had destroyed her father's oil business , as well as many other small oil related companies in Pennsylvania's oil region in the 1870s.
Did John D Rockefeller break any laws?
In 1911, after years of litigation, the U.S. Supreme Court ruled Standard Oil of New Jersey was in violation of anti-trust laws and forced it to dismantle (it was broken up into more than 30 individual companies).
Does Rockefeller still own Exxon?
Heirs to the oil fortune created by John D. The Rockefeller Family Fund, a charity that supports causes related to the environment, economic justice and other issues, is liquidating its investments in fossil fuel companies, including Exxon Mobil (XOM). ...
Who was the first investigative journalist?
Nellie Bly , America's First Investigative Journalist, Was a 23-Year-Old Woman – The Atlantic.
What effect did Ida Tarbell's work have on society?
Through her achievements, she not only helped to expand the role of the newspaper in modern society and stimulate the Progressive reform movement , but she also became a role model for women wishing to become professional journalists.
What was John D Rockefeller worth?
| John D. Rockefeller | Relatives Rockefeller family |
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Why did John Rockefeller start Standard Oil?
During the 1870s and 1880s, Rockefeller sought to expand Standard Oil's influence . The company began to purchase or drive out of business oil refiners across the United States. By 1878, Standard Oil purportedly controlled ninety percent of the oil refineries in the United States.
How did John D Rockefeller treat his workers?
Rockefeller was a bona fide billionaire. Critics charged that his labor practices were unfair . Employees pointed out that he could have paid his workers a fairer wage and settled for being a half-billionaire. Before his death in 1937, Rockefeller gave away nearly half of his fortune.
Who drew the criticism of John D Rockefeller?
Standard Oil's questionable ethics were also taken to task by American journalist Ida Tarbell in her 19-part exposé and commentary called The History of the Standard Oil Company, which was released in installments by McClure's Magazine between 1902 and 1904. John D. Rockefeller and his son, John D. Rockefeller, Jr.
