Rockefeller, John D.

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Rockefeller, John D. (Davison)

(1839–1937) industrialist, philanthropist; born in Richford, N.Y. After only two years of high school, he went to work in 1855 in Cleveland, Ohio, as a bookkeeper for a small food firm. In 1859 he formed Clark & Rockefeller, a food handling firm that prospered during the Civil War. Deeply religious, he began his philanthropies by giving ten percent of his earnings to churches. In 1863 he entered the brand new oil business by settling up a refinery in Cleveland; by 1870 he had expanded to the extent that he formed the Standard Oil Company of Ohio. By 1878 his company dominated the piping, refining, and marketing of American petroleum; it would soon be a major player in the world markets. His monopolistic tendencies led to a famous federal lawsuit (1890–92), whereupon he dissolved the Standard Oil "trust" and transferred control to companies in different states. He maintained control through Standard Oil (New Jersey) until a 1911 Supreme Court decision forced its dissolution and his retirement. By this time Rockefeller had, since the late 1890s, been increasingly less involved with the business and more engaged in his philanthropic activities. His benefactions during his lifetime reached some $550 million and included especially the Baptist Church, the YMCA, the University of Chicago, and the Rockefeller Institute for Medical Research (since 1953 Rockefeller University). He also established the Rockefeller Foundation (1913), which remained the principal disburser of the estate's fortune in ensuing decades. A legend in his own lifetime, for some he remained the supreme American success story, for others he was the symbol of unrestrained capitalism.
References in periodicals archive ?
Also on this day, the TCG delegation held meetings with Congresswoman Louise Slaughter (D-NY), who is co-chair of the Congressional Arts Caucus, and with arts staffers in the offices of Senators Robert Byrd (D-WV), John Rockefeller (D-WV) and Congresswoman Shelley Moore Capito (R-WV).
El senador John Rockefeller se pregunto si la Casa Blanca habia "sobrestimado intencionalmente" dichos informes o "tan solo los malinterpreto", pero que en ambos casos "el resultado habia sido muy malo".
Kennedy and fellow Democratic senators John Rockefeller of West Virginia and Bob Graham of Florida sent a letter to the president asking him to reconsider his plans.
John Rockefeller that he hopes to see the bilateral row resolved as soon as possible ''peacefully, through diplomatic channels.
Washington, John Rockefeller, and Henry Clay added to the otherwise presidential group, Olasky challenges the idea that a leader can separate his or her public and private spheres.
Signed by the following Senators: Richard Durbin (D-IL), Mike DeWine (R-OH), Carl Levin (D-MI), Max Cleland (D-GA), Herb Kohl (D-WI), Robert Kerrey (D-NE), Robert Torricelli (D-NJ), Jeff Bingaman (D-MN), Bob Graham (D-FL), Joseph Lieberman (D-CT), John Kerry (D-MA), Ron Wyden (D-OR), Timothy Johnson (D-SD), Edward Kennedy (D-MA), Blanche Lincoln (D-AR), Byron Dorgan (D-ND), Mary Landrieu (D-LA), Daniel Inouye (D-HI), Charles Schumer (D-NY) and John Rockefeller (D-WV).
John Rockefeller IV of West Virginia and Congressman Amo Houghton of New York, said the two countries should try to work out an agreement by the year 2010.
Gates is like the Henry Ford or John Rockefeller of our generation.
Democratic Senator Mr John Rockefeller agreed that the experience of the Gulf War suggested the Pentagon is not capable of dealing with possible troop exposure to unconventional weapons - on the battlefield or in medical facilities.
John Rockefeller was reported as saying, ''Miyazawa is superbly aware of what needs to be done.
Were that to occur, perhaps the comparison between the two eras and their respective avatars -- John Rockefeller and Bill Gates, Standard Oil and Microsoft -- might make sense after all.
Headed by a veteran pro-abortionist, John Rockefeller III, its recommendation for abortion on demand, the American Medical News reported, "provides prestigious ammunition for opponents of restrictive state abortion laws.