Savannah morning news. [volume] (Savannah) 1868-1887, 1885-03-08

branch out. He then took q contract to
put slate rosf over the Union Depot, and
IS profits. added to bis Accommodations,
purchased MIN small interest In the re-
fnery with Col. Payne. To-day he has
mAf siOn in Prospect street that cost
$l00.OO0. He keeps sixteen keTses IN his
stable and draw so, 000eYery three months
in dividends.
Tne standard had absolute control of
the oil business until 1899, and Its yrO6ts
ranged from S., 000, coo to sl4 oct, oOe annu-
ally.
By virtue OF the volume Of its traffic it
was able 10 command unusual f&VOrs from
the railroads. 1t owned AL the oil cars
run over the New York Central and all
that roads terminal facilities for Oil. 1t
owned all but 700 IF the oil cars run on
the Ere and leased all the reads termi-
nal facilities for oil. The Pennsylvania
allowed the Standard 23% ceats barrel
on all oil shipped by Itself or competitors.
IL is reported that Com. Vanderbilt once
said that but one man could dictate to
him. That man was Rockefeller. The
Standard did everything with the Penn
sylVdnIa Legislature but reHBe 1t. The
Congressional Committee appointed 10
INV stiYate the Standard never reported.
The backbone Of the monopoly was bent
" hen the railroads broke away from the
Standard ana offered every refner in tue
country fair play and 70 iaVoTs. TIE
Standard retaliated by building pipe lines
and transporting its oil ia them rather
than by railway. When the railway COM
psnies had been thus shabbiIy treated,
they revised their ta<iH rates and per-
mitted every one TO come in on an equal
footing as Shippers. but in the meantime
the Standard had become so Opulent that
that il did not care what action the rail-
roads took Notwithstanding the cOmpe-
titiOn the Standard now has, it cleared
81, 000, 600 in 1883, and the dividends this
year will equal those Of last. 1t has been
incorporated IN half dozen States, and
the different organizations arc governed
by the Standard Trust Company, the bead
quarters of which is in New York. John
ID. Rockefeller is still the presiding genius
of the entire establishment from the trust
company down. He and his brother,
"Bill' Rockefeller, as he is called by peO-
pie who know him hereabOuts, own $4O,-
600, 900 worth Of stock, and are, therefore,
tue cocks of the Standard walk. Col.
Payne's interest is $40, 000, 900 and MIR.
Flagler's is about the same.
Seven or eight years ago Mr.. Andrews,
who still remained at the rekneTies IN the
capacity of superintendent of the practi-
cal part Of the business, became diseatis-
fed for some reason and offered to sc his
interest.
Andrews claims to be a common man,
while Rockefeller rightfully considers
himself a very uncommon one. This
probably was the foundation of the trOu-
BILE. AT any rate, Andrews complained
and Rockefeller, quick as u Hash, asked
ban now much money he wanted for his
share. Andrews was already rich and,
beng somewhat excited, picked Hp piece
of paper and, hastily writing thereon lone
miliI II dollars" handed il TO Rockefeller.
Tn offer was accepted, although Andrews
atterward besitated about selling, and the
transfer was made accordingly. A week
to W. II. Vanderbilt aud made $3.50, 900 on
the deal. After Andrews sold out he be-
gan the erection of the fiGest mansion in
Cleveland. 1t was four or five years in
building. WOrkmen were brought here
from Rome and the richest material that
could be purchased was used in cOnstruc-
ton. The place has been occupied by
Mr.. Andrews for several years, and is
proudly pointed out by bOastful Cleve-
landers as one of the mOst magnificent
private buildings in America. Mr.. An
dreWs has S50O,00 in per cent. govern
menS bonds, great deal Of real estate,
stocks in some of the largest manufAc-
turing establishments IN Cleveland, and
any amount of other property. All this
has been gotten together within twenty
years by poor English lad, Who worked
as a porter in a commission house on the
river.
Col. Payne resides ia Cleveland and
looks after the immense inter- sts OF the
Standard In Ohio. lie is u bachelor and
about IS or IS years old. He 10 brother
Of the wife OF William &. Whitney, OF
New York.