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The Rockefeller Oil Trust

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Questions and Answers

What was the purpose of the scheme proposed by the Pennsylvania refiners?

To persuade all the railroads to handle oil

To limit the output of other companies

To bring together a large body of refiners and shippers

To keep up prices (correct)

What was the main goal of the company formed by the refiners and shippers?

To compete with other companies

To receive refunds on oil

To become the only refiners (correct)

To obtain special rebates on oil

Why did the refiners work on the scheme secretly?

To prevent premature injury to their scheme (correct)

To avoid public discussion

To handle oil for all the railroads

To concentrate the business in one company

What did the refiners hope to achieve by obtaining special rates from the railroads?

To limit their output to actual demand Signup and view all the answers

What did the refiners plan to do once they became the only refiners?

To limit the output of other companies Signup and view all the answers

What did Lincoln Steffens write about in his magazine articles?

Child labor Signup and view all the answers

What impact did advances in printing technology have on magazines?

They became inexpensive to print Signup and view all the answers

The Rockefeller Oil Trust

Choose a study mode

Podcast

Questions and Answers

What was the purpose of the scheme proposed by the Pennsylvania refiners?

What was the main goal of the company formed by the refiners and shippers?

Why did the refiners work on the scheme secretly?

What did the refiners hope to achieve by obtaining special rates from the railroads?

What did the refiners plan to do once they became the only refiners?

What did Lincoln Steffens write about in his magazine articles?

What impact did advances in printing technology have on magazines?

Who does Lincoln Steffens believe is responsible for the state of the United States?

What did Lincoln Steffens accuse the leaders of doing?

What did Lincoln Steffens claim about the loyalty of the people?

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