The Rise and Progress of the Standard Oil Company (originally published in 1903), from its inception in 1865 till its control, in 1878, of ninety-five per cent of the oil business of the United States, has presented itself to different critics in somewhat different characters; certain conservative writers think it was largely the result of discriminations in freight rates, extorted by more or less questionable practices from easy virtue of the railroads. But just why the railroads found it expedient to grant such unusual favors, and why this particular group of men, above all others, proved best able to extort such favors, no one has satisfactorily explained. And thus begins the first chapter of this interesting book. The secret of this strange success with the railways is not, however completely insoluble. If the episodes in The Rise and Progress of the Standard Oil Company from 1865 till 1877 be carefully studied, the motives of every act, both of the company and of the railways,...

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