Page 17 - HP3A 006 John Davison Rockefeller
P. 17
instead. John and other investors like
the Clark started the company with
a small refinery. He soon bought the
shares owned by the Clark brothers
and reinforced his ownership of the
company. However, he soon found
himself struggling with other
competition and a lot of issues
within the company. demand for railroad transport. They
Mea nw h ile, t he big r a ilw ay had to look for alternative ways to
companies which were the previous make their companies survive. The
giants of the economy were steadily railway magnate, Cornelius Van
declining. There were too many Der Bilt, knew just how to gain the
railroads in America and too little competitive edge. If he could strike a