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A Classification of American Wealth |
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| Part II-Chapter 11 : The Trusts > Birth of the Standard Oil Company : « Previous 1 - 2 - 3 - 4 - 5 - 6 - 7 Next » |
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Consolidation in Cleveland Oliver Hazard Payne … was used against Standard Oil and the railroads during the hearings that would lead eight years later to the Sherman Antitrust Act. On a general background of public indignation against railroad and corporate buccaneering, the scandal spread until it reached such proportions that the Pennsylvania legislature had to repeal the charter of the South Improvement Company. The South Improvement Company was …
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