John D
Essay by 24 • March 21, 2011 • 329 Words (2 Pages) • 1,170 Views
John D. Rockefeller
John Davison Rockefeller was the guiding force behind the creation and development of the Standard Oil Company, which grew to dominate the oil industry and became one of the first big trusts in the United States, thus engendering much controversy and opposition regarding its business practices and form of organization. Rockefeller also was one of the first major philanthropists in the U.S., establishing several important foundations and donating a total of $540 million to charitable purposes.
Rockefeller was born on farm at Richford, in Tioga County, New York, on July 8, 1839, the second of the six children of William A. and Eliza (Davison) Rockefeller. The family lived in modest circumstances. When he was a boy, the family moved to Moravia and later to Owego, New York, before going west to Ohio in 1853. The Rockefellers bought a house in Strongsville, near Cleveland, and John entered Central High School in Cleveland. While he was a student he rented a room in the city and joined the Erie Street Baptist Church, this later became the Euclid Avenue Baptist Church. Rockefeller started to work at the age of 16 as a clerk in a small produce firm. After that he formed a partnership in a grain commission house. Cleveland was a good place to organize something big in the oil business. There were two major east-west railroads in Cleveland. Also, Cleveland was on Lake Erie, which was big enough for large ships to harbor. This made it possible to transport the oil easily. Rockefeller was determined to make Cleveland the center of oil business. Before he was able to accomplish this feat, he would eventually create the largest oil company in the world in Cleveland, titled Standard Oil.
Starting with a small sum of money Rockefeller bought a small oil refinery in Cleveland. He then bought up other refineries in Cleveland and oil wells in Pennsylvania as well. As result of Rockefeller's efforts taking
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