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The Age Of Big Business
by Burton J. Hendrick
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Hendrick uses a series of individual biographies, as an enthusiastic look at the foundation of the corporation in America and the rapid rise of the United States as a world power.
When Cornelius Vanderbilt died in 1877, America's first great industrial combination had become an established fact. In that year the Standard Oil Company of Ohio controlled at least ninety per cent of the business of refining and marketing petroleum. A new portent had appeared in our economic life, a phenomenon that was destined to affect not only the social and business existence of the every-day American but even his political and legal institutions.
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