Speculation in oil stock companies was another great evil ... From the first, oil men had to contend with wild fluctuations in the price of oil. ... Such fluctuations were the natural element of the speculator, and he came early, buying in quantities and holding in storage tanks for higher prices. If enough oil was held, or if the production fell off, up went the price, only to be knocked down by the throwing of great quantities of stocks on the market.
Ida TarbellIn walking through the world there is a choice for a man to make. He can choose the fair and open path, the path which sound ethics, sound democracy, and the common law prescribe, or choose the secret way by which he can get the better of his fellow man.
Ida TarbellThere is no more effective medicine to apply to feverish public sentiments than figures.
Ida TarbellThere is no gaming table in the world where loaded dice are tolerated, no athletic field where men must not start fair. Yet Mr. Rockefeller has systematically played with loaded dice, and it is doubtful if there has ever been a time since 1872 when he has run a race with a competitor and started fair.
Ida TarbellOne of the most depressing features of the ethical side of the matter is that instead of such methods arousing contempt they are more or less openly admired. And this is logical. Canonise 'business success,' and men who made a success like that of the Standard Oil Trust become national heroes!
Ida Tarbell