The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1908-11-26


De heard all over the room. +
"Mr Rockefeller, what is your full
namey' asked Mr.. Milbun.
John ID. Rockefeller -
"Where do you live?"
"My legal residence Is in this city .
at West fifty-fourth street.
what was your first connection In !
the oil business?"
About 1850 or ls62, not earlier
than 1862. l was then young man,
much younger than | an now.
In reply to the question as to who
we're associated with him In the oil
business in the beginning, he gave
the names OF Morris James and Rich
ard Clark and Samuel Andrews.
"A partnership was formed, "
said Rockefeller, known as An
drews, Clark * Co, which operated
at Cleveland. -
MT. Rockefeller said that the re
dnery was small one and his Co
partnership with Andrews, Cark y
Co. continued until 1866, when it was
dissolved. II bought the business
and the property and | organized the
firm Of Rockefeller & Andrews" be
said.
Ibid you continue In the refinery
business
Eyes.
Did your business lncrease?'
Yes, said Mr.. Rockefeller, "il
increased steadily
"What developments or change II
the company took place latery
"Well, in 1866 there was change
The firm was William Rockefeller !
Co. The Rockefeller was William
my brother, and the company wa
Rockefeller and Andrews.
Mr.. Rockefeller said the refinery {
this company was in Cleveland; tina
afterwards another company und'
I the name OF William Rockefeller
Co. was organized in New Yorl
y The same firm members that cou
0 posed the Cleveland company mao
e up the New York company.
Asked what had been the course
' the oil business up to the time OF Il
S organization Of the Standard {
u company OF Ohio, Mr.. Rockefeller I
IS piled
!. "We had steady growth and
creased from the organization Of I
% first hrm in 1860 oI 1862 until til
time.
j. Mr.. Rockefeller said that eve
10 member Of the firm devoted his q
vi tile time and attention TO promoti
le the company S growth and that 90
at Of them had any other business.
be said the company did refining a
in warehouse BUSINESS, and that
d brother, William Rockefeller, took
o. his residence in New York TO deye
Il. the business here and TO save
d. penses.
"When did the next change IA
on placer"
e. "In 1867 all the properties Of Ro
h, efeller & Andrews, William Rocket
Ter s. Co. were taken over under
as firm name Of Rockefeller, Andrew
1t Flagler.
nd When asked IL coerciye measu
.ry were applied in acquiring the ST
Gle of other oil companies in ohio,
Rockefeller replied:
los None whatever
rlv lie continued For myself, ]
all say that the methods used alw
or. were absolutely fair. Mr. Flal
i'm was man Of large business ext
nix ience and was a valuable addition
be- the firm. A large amount Of cap
was put into the 1rm. The comp
did engaged in the refining Of oil, wi
me was sold IN this country and abroa
bat "What vas the next changer
he Il think that three years later
i 1870. the STANDARD Oil Company
To Ohio vas organized with a capita
uc- 81. 600. .OO0 and we enlisted much
ital for the company. The first
,es- for the production OF crude oil
". Venango county, in the western
,ter Of Pennsylvania, said Mr.. 10
hat feller.
lter We looked to Ohio to obtain
tied crude oil and the refining plant
ong the company we're at Clevel
the Pittsburg, Parkersburg, BaltiI
and New York.
ices "Wbat bad been the course Of
rtly development Of the industry at
lled timer
the "There had been rapid dev
6. ment in the cleansing and rehnil
OF oil. "
pDy. The business OF refining vas p
vas able and as a result. he said
aper reineries were built. People Il
ljec- TO this business Of refining oil
Were not necessarily the best tri
lter- business men. The Standard