Matches in DBpedia 2016-04 for { <http://dbpedia.org/resource/South_Improvement_Company> ?p ?o }
Showing triples 1 to 40 of
40
with 100 triples per page.
- South_Improvement_Company abstract "The South Improvement Company was a Pennsylvania corporation in 1871-1872. It was created by major railroad interests, but was widely seen as part of John D. Rockefeller's early efforts to organize and control the oil and natural gas industries in the United States which eventually became Standard Oil. Although it lasted less than a year and never shipped any oil, the South Improvement Company scheme caused widespread attention to be focused on the relationships between big railroads and big businesses which wanted and demanded favorable treatment. Thomas A. Scott, president of the Pennsylvania Railroad set up the South Improvement Company in the fall of 1871. The scheme was intended to benefit both the railroads and major refiners, notably those controlled by Rockefeller through secret rebates. Rockefeller had earlier merged several of the Cleveland area refineries and issued 2,000 shares of stock, of which 900 were controlled by Rockefeller and his partners. Rockefeller then started negotiations to collude with the three major railroads running through Cleveland: the Erie, the Pennsylvania Railroad, and the New York Central. The result of these secret negotiations were as follows: (1) The official rate per barrel from Cleveland to New York would be $2.56, but South Improvement would receive a $1.06 rebate; (2) The railroads would also pay South Improvement $1.06 per barrel of oil shipped that was not produced by South; (3) The railroads would also give reports of the shipping destinations, costs, and dates of all of South's competitors; (4) The commerce would be divided evenly among the railroads, with a double share going to Pennsylvania Railroad; and (5) South would provide tank cars and loading facilities.The secret concessions would have helped lessen the \"vicious\" competition among the railroad lines by giving a steady, standardized flow of commerce. Word leaked out of the South Improvement Scheme, and the proposed 100% increase in rail shipping rates inflamed the independent producers and many smaller refineries. Following a summit and vocal protest by the independent oil producers and refiners led by Henry Huttleston Rogers and the Charles Pratt and Company refining interests of Brooklyn, New York, which came close to physical warfare in western Pennsylvania in March 1872 (and came to be known as the \"Oil War\"), the railroads agreed to back down.".
- South_Improvement_Company wikiPageExternalLink e_south.html.
- South_Improvement_Company wikiPageID "1279805".
- South_Improvement_Company wikiPageLength "3015".
- South_Improvement_Company wikiPageOutDegree "23".
- South_Improvement_Company wikiPageRevisionID "543907223".
- South_Improvement_Company wikiPageWikiLink Brooklyn.
- South_Improvement_Company wikiPageWikiLink Category:Defunct_oil_companies_of_the_United_States.
- South_Improvement_Company wikiPageWikiLink Category:Standard_Oil.
- South_Improvement_Company wikiPageWikiLink Charles_Pratt.
- South_Improvement_Company wikiPageWikiLink Charles_Pratt_and_Company.
- South_Improvement_Company wikiPageWikiLink Cleveland.
- South_Improvement_Company wikiPageWikiLink Erie_Railroad.
- South_Improvement_Company wikiPageWikiLink Henry_Huttleston_Rogers.
- South_Improvement_Company wikiPageWikiLink Ida_Tarbell.
- South_Improvement_Company wikiPageWikiLink John_D._Rockefeller.
- South_Improvement_Company wikiPageWikiLink Natural_gas.
- South_Improvement_Company wikiPageWikiLink New_York_Central_Railroad.
- South_Improvement_Company wikiPageWikiLink Pennsylvania.
- South_Improvement_Company wikiPageWikiLink Pennsylvania_Railroad.
- South_Improvement_Company wikiPageWikiLink Petroleum_industry.
- South_Improvement_Company wikiPageWikiLink Rebate_(marketing).
- South_Improvement_Company wikiPageWikiLink Standard_Oil.
- South_Improvement_Company wikiPageWikiLink Thomas_A._Scott.
- South_Improvement_Company wikiPageWikiLinkText "South Improvement Co.".
- South_Improvement_Company wikiPageWikiLinkText "South Improvement Company".
- South_Improvement_Company subject Category:Defunct_oil_companies_of_the_United_States.
- South_Improvement_Company subject Category:Standard_Oil.
- South_Improvement_Company hypernym Corporation.
- South_Improvement_Company type Company.
- South_Improvement_Company type Company.
- South_Improvement_Company comment "The South Improvement Company was a Pennsylvania corporation in 1871-1872. It was created by major railroad interests, but was widely seen as part of John D. Rockefeller's early efforts to organize and control the oil and natural gas industries in the United States which eventually became Standard Oil.".
- South_Improvement_Company label "South Improvement Company".
- South_Improvement_Company sameAs Q2304511.
- South_Improvement_Company sameAs South_Improvement_Company.
- South_Improvement_Company sameAs South_Improvement_Company.
- South_Improvement_Company sameAs m.04ppg8.
- South_Improvement_Company sameAs Q2304511.
- South_Improvement_Company wasDerivedFrom South_Improvement_Company?oldid=543907223.
- South_Improvement_Company isPrimaryTopicOf South_Improvement_Company.