Search results
Jul 26, 2024 · July 26, 2024 Timothy Frudd. A new study shows that concerns of a potential U.S. civil war have spread to America’s neighbors, as Canada considers the possibility of a civil war in the United States as an “underanticipated disruption.”. A recent study labeled “Disruptions on the Horizon” led to Politico publishing an article titled ...
May 1, 2024 · In The Demon of Unrest, author Erik Larson chronicles the five months between the election of Abraham Lincoln in 1860 and the start of the Civil War, drawing parallels to today's political climate.
- Business Profits and The Civil War
- Rockefeller's Investment in The Oil Wells of Pennsylvania
- Cleveland Becomes A Center of Oil Refining
- A Disagreement on Business Strategy: Rockefeller and Maurice Clark
- Rockefeller Hires A Substitute Draftee in The Civil War
- Rockefeller Takes Control of His Firm
Rockefeller's shipping business prospered mightily as the Civil War progressed. The first casualty of the war had been the bountiful trade of the Mississippi River. This drove Mark Twain to Nevada, and it drove the shipment of Midwestern crops to the east, directly through Cleveland. At the same time government contracts for food, clothes, and guns...
By the mid 1850s, the golden age of whaling had eclipsed. The oil that this industry produced increased in price, increasing the cost of illumination. To the extent that industries needed lubrication, they too were hamstrung. It was in response to this that a group of New Englanders dispatched Colonel Edmund Drake to some oil deposits near Titusvil...
Since there was no way of knowing how much oil was in the ground, most drillers and refiners treated the business as a transient phenomenon. Those who made money pocketed that money -- few tried to invest for the long-term. In the first days of the boom, anyone who wasn't on the battlefields could make good money with a fly-by-night refinery, while...
Rockefeller wanted to bring order and a long-term outlookto this business, including the use of leverage to expand his operations. His partner at the time, Maurice Clark, preferred to operate on a cash-only basis and pocket the short term profits. Clark was one of those who saw the oil fields as a short-term windfall -- not something worth taking a...
Also in 1863, the United States instituted a draft, hoping to shift the balance of a deadlocked war. The criteria for eligibility was wide, but there was a key exemption. It was possible to pay a "substitute"to report in one's place. Rockefeller took advantage of this and hired an unknown person to serve in his place for the remainder of the war. T...
By the start 1865, Rockefeller had the financial support and savings that he needed to buy his main partner out (Samuel Andrews would keep his small share). His intentions, carefully kept secret for two years, were now brought out into the open. At an opportune moment in the midst of a loud argument, Rockefeller suggested that they terminate the pa...
John D. Rockefeller, Sr.'s, father, Bill Rockefeller, dies at age 96. President Roosevelt's attacks on Rockefeller and Standard Oil escalate. Rockefeller is singled out as one of the "malefactors ...
- American Experience
The Spelman Family, Rockefeller's in-laws, along with John Rockefeller were ardent abolitionists before the Civil War and were dedicated to supporting the Underground Railroad. [115] John Rockefeller was impressed by the vision of the school and removed the debt from the school.
Jun 6, 2022 · In characterizing Rockefeller’s political future and chances of attracting a broad constituency, political commentator Marquis Childs observed, “That old John D’s grandson, Nelson Rockefeller, should today be the Republican candidate for Governor of New York—and, what is more, a liberal candidate who has a chance to win the support of left of center and minority groups—is one of the ...
At the end of the first year of business, they had grossed $450,000, making a profit of $4,400 in 1860 and a profit of $17,000 in 1861. The commission merchant business was very competitive and Clark & Rockefeller's success was due in large part to Rockefeller's natural business abilities. During the Civil War their business expanded rapidly.
People also ask
Why did Rockefeller leave the Army?
Did Rockefeller join the Union Army?
What did Rockefeller do after he left Eisenhower?
What did the Rockefeller Brothers do after the war?
Why was Rockefeller important?
What did Rockefeller do in 1879?
