Word: trusting
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Dates: during 1900-1909
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...essay on "The Rise of the Oil Monopoly," G. H. Montague '01 traces at length the reasons and conditions of the great growth of the Standard Oil Trust. The gist of his exposition may be given by quotations from the concluding pages of his essay. The Standard Oil Company, he says, raised itself to the dominant position by controlling the transportation of oil. The steps of its progress are clear. In the period from 1870 till 1874 it so availed itself of railway conditions and of its strategic situation that it secured considerable discriminations from the railroads which touched...
...inevitability of the growth of the Standard Oil Trust, the essay summarizes thus: "Given the railway and economic conditions, the progress of the Standard Oil Company is quite inevitable, since it showed at an early time bright promise of industrial efficiency. It readily acquired, after the fashion of the period, proportionate discrimination in freight rates; by getting control through discriminations of the means of transportation, it inevitably achieved monopoly...
...world are severe and strict. Nor is the reason for this hard to understand. Men in college, with no keen competition of the world's life to drive them apart and with countless ties of common associations to draw them together, naturally come to regard and to trust one another as friends: individual struggle is the characteristic of the life of the outside world; there is less common sympathy and forbearance there than among men in college, and if any man does not definitely show himself in heart and deed in sympathy with other men he is at once classed...
...Randolph Land Trust has purchased the old Apthorp House, which faces the Randolph Hall court, and intends to let it out to students next fall. It is also proposed to extend the two wings of Randolph Hall back as far as the rear of Apthorp House and thus nearly double the size of the building. Work on this addition will not be begun until next year, as it is now too late to have the plans drawn up and the building completed in time for the next term...
...property referred to in the will consists principally of two parcels of real estate,--the net value of which would amount to about $50,000. The money is to be left in trust with the city officials of Cambridge. If they are unwilling to accept the offer, it will be made to the President and Fellows of Harvard. In case they too refuse to serve, the trust is to be administered by the Probate Court...