-Caveat Lector- Josephson was both an excellent writer and an honest reporter, showing the undeniable achievements of the early capitalists, while at the same time showing the serious instabilities that they started to produce in society. On the one hand there are the largest modern industries and America's acceleration towards the position of leading world power, and on the other, the fact that the essential institutions of society were collapsing. It was Vanderbilt who said, "What do I care about the law? Hain't I got the power?" Josephson traces Rockefeller's switch from being the largest to the only oil refiner came in secret agreements with the Erie, Pennsylvania, and New York Central railroad "pools" whereby he and refiners invited to join the Standard Oil Trust. Those who joined the Trust had their freight rates reduced by up to 50% whereas competing refiners had their rates increased by 100% with half of this being paid straight back to Standard Oil by the railroads. Within three months his remaining 25 competitors surrendered to him and he fixed all US oil sales at a new high price. DECLARATION & DISCLAIMER ========== CTRL is a discussion and informational exchange list. Proselyzting propagandic screeds are not allowed. Substance�not soapboxing! These are sordid matters and 'conspiracy theory', with its many half-truths, misdirections and outright frauds is used politically by different groups with major and minor effects spread throughout the spectrum of time and thought. That being said, CTRL gives no endorsement to the validity of posts, and always suggests to readers; be wary of what you read. CTRL gives no credeence to Holocaust denial and nazi's need not apply. Let us please be civil and as always, Caveat Lector. ======================================================================== Archives Available at: http://home.ease.lsoft.com/archives/CTRL.html http:[EMAIL PROTECTED]/ ======================================================================== To subscribe to Conspiracy Theory Research List[CTRL] send email: SUBSCRIBE CTRL [to:] [EMAIL PROTECTED] To UNsubscribe to Conspiracy Theory Research List[CTRL] send email: SIGNOFF CTRL [to:] [EMAIL PROTECTED] Om
