Standard Oil acquisitions in New York and the Pittsburgh Plan

A Classification of American Wealth
History and genealogy of the wealthy families of America - Sponsors

Part 1 : Colonial and Mercantile America	Part 2 : America in the Gilded Age
Part 3 : America in the Twentieth Century	Encyclopedia 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 »

Standard Oil acquisitions in New York and the Pittsburgh Plan

… after the South Improvement scheme was effectively dead, John D. Rockefeller and Henry M. Flagler devised their "Pittsburgh Plan", which foresaw the creation of a national refiners association (officially called the "Central Association of Refiners"), in which the Pittsburgh firms and leading refiners of the oil regions would join Standard Oil. The plan foresaw the creation of a refiner cartel with a central body, which would deal with railroads, oil producers and assign refining quotas to …

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