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The incredible tale of how ambitious oil rivals Marcus Samuel, Jr. and Henri Deterding joined forces to topple the Standard Oil empire
Marcus Samuel, Jr., is an unorthodox Jewish merchant trader. Henri Deterding is a take-no-prisoners oilman. In 1889, John D. Rockefeller is at the peak of his power. Having annihilated all competition and possessing near-total domination of the market, even the U.S. government is wary of challenging the great “anaconda” of Standard Oil. The Standard never loses—that is until Samuel and Deterding team up to form Royal Dutch Shell.
A riveting account of ambition, oil, and greed, Breaking Rockefeller traces Samuel’s rise from outsider to the heights of the British aristocracy, Deterding’s conquest of America, and the collapse of Rockefeller’s monopoly. The beginning of the twentieth century is a time when vast fortunes were made and lost. Taking readers through the rough and tumble of East London’s streets, the twilight turmoil of czarist Russia, to the halls of the British Parliament, and right down Broadway in New York City, Peter Doran offers a richly detailed, fresh perspective on how Samuel and Deterding beat the world’s richest man at his own game.
“Gripping . . . timely . . . a vivid reminder of the dangers of monopolies, and of the merits of no-holds barred competition and technological upheaval.” —The Economist
|Publisher:||Penguin Publishing Group|
|Product dimensions:||5.40(w) x 8.40(h) x 0.80(d)|
About the Author
Peter B. Doran is vice president for research at the Center for European Policy Analysis (CEPA) in Washington, D.C., where he leads the center’s energy horizons and defense programs. He is the author of the popular “History of Oil” podcast on iTunes. A recognized expert on international affairs and national security, his articles have appeared in Foreign Policy, Defense News, National Review, The American Spectator, and the Journal of Energy Security. His analysis and commentary are regularly featured in U.S. and European media, such as Fox News, The Wall Street Journal, and Newsweek. He holds a master's degree from Georgetown University's Edmund A. Walsh School of Foreign Service in the Center for Eurasian, Russian, and East European Studies.
Table of Contents
Chapter 1 The King of Broadway 1
Chapter 2 The Merchant of Houndsditch 21
Chapter 3 The Insider 40
Chapter 4 Rascality of All Descriptions 57
Chapter 5 It Can't Be Done 71
Chapter 6 The Carnivorous Snail 80
Chapter 7 The Royal Crown 97
Chapter 8 The Hidden Map 114
Chapter 9 The Knight in the Mote 129
Chapter 10 The Deal of the Century 136
Chapter 11 The Rivals 155
Chapter 12 The Echo of Applause 166
Chapter 13 Reversals of Fortune 177
Chapter 14 The Black City in Red 191
Chapter 15 The Warhorse and the Stallion 202
Chapter 16 The "Fateful Plunge" 209
Chapter 17 The Colossus Falls 226
Chapter 18 "We Must Take America" 241
Chapter 19 Wealth Beyond Measure 254
Chapter 20 Legacies 263
Chapter 21 The Enduring Puzzle 272