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John. D Rockefeller Life Timeline
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Cleveland Business College (Diplomatic Events)
Rockefeller attends Business College in Cleveland to learn more about what he wants to be -
Expanding Chaitable Giving (Diplomatic Event)
Rockefeller expands his charitable giving such as an African-American church, also to a foreign Sunday School -
Cleveland Rifinery (Social Event)
Rockefeller buys out partners for $72,500 and establishes largest Cleveland refinery to make kerosene for
lighting and oil for lubricating. -
Opening of Standard Oil Company (Social Event)
Rockefeller forms Standard Oil Company of Ohio with $1 million, gains control of area oil refining facilities. -
SIC (Political Event)
The SIC eliminates competition and makes the small oil companies to go bankrupt Rockefeller buys more than 20 Refineries in Cleveland -
Wasteful Production (Political Event)
Rockefeller expresses concern over loss of jobs and unbridled competition in oil refinery business. -
Stock Market Crash (Political Event)
Stock market crashes and sets off six-year economic downturn. Rockefeller absorbs refineries in Pittsburgh, Philadelphia, New York and Pennsylvania. -
Pipelines (Economic Event)
Rockefeller buys pipeline systems and direct marketing offices -
Standard Oil Company (Economic Event)
Rockefeller and his Standard Oil Company control 95% of U.S. oil refineries. -
Anti Monopoly (Social Event)
Anti-monopoly sentiment grows across the United States or dominating Oil Companies and other Companies including in Monopoly -
Sherman Anti Trust Act (Political Act)
Sherman Antitrust Act passed, outlawing trusts and combinations in trade. Rockefeller argues that Standard Oil Trust is not monopoly when measured against world market. -
Establishment of University of Chicago (Social Event)
Rockefeller makes the University of Chicago, receives $35 million from him. Support of the new University is Rockefeller’s first major, hires Frederick Gates to oversee his philanthropic endeavors. -
Standard Oil Trust (Political Event)
Ohio Supreme Court dissolves Standard Oil Trust and separates its 38 different companies. -
Plans for Gas And Cars (Economic Events)
Henry Ford begins plans for manufacturing automobiles, creating huge demand for gasoline. Rockefeller retires from active Standard Oil leadership, but still is President. -
Assasination (Political Event)
President McKinley assassinated. Theodore Roosevelt, vehemently opposed to trusts, becomes President. -
GEB (Social Event)
Rockefeller creates General Education Board another endowed philanthropic foundation, to promote education in the South -
Law Suit (Political Event)
Federal government brings lawsuit against Standard Oil for its monopoly actions. -
HookWorm (Cultural/Technological Event)
Rockefeller gives money to a campaign to eliminate hookworm disease in the South. -
WWI Starts ( Military Event)
World War I begins and the Rockefellers donate millions to international relief. -
Hookworm (Cultural/ Technological Event)
1927: Hookworm disease has been cured.