ROCKEFELLER, JOHN DAVISON

1839–1937, American industrialist and philanthropist, b. Richford, N.Y. He moved (1853) with his family to a farm near Cleveland and at age 16 went to work as a bookkeeper. Frugal and industrious, Rockefeller became (1859) a partner in a produce business, and four years later, with his partners, he established an oil refinery, entering into an industry already thriving in Cleveland.

In 1870 he and his associates—including S. V. Harkness, H. M. Flagler, and his brother William—organized the Standard Oil Company of Ohio, capitalized at $1 million. By enforcing strict economy and efficiency, through mergers and agreements with competitors, by ruthlessly crushing weaker competitors, and by accumulating large capital reserves, Rockefeller soon dominated the American oil-refining industry. Rebate agreements, which he forced from the railroads, and the control of pipeline distribution of refined oil strengthened the near monopoly of the Standard Oil Company.

In 1882 the diverse holdings of the various members of Rockefeller's combination were tied together into the Standard Oil trust. Court action compelled the trust to dissolve 10 years later, but in a few years the Standard Oil Company of New Jersey was chartered as a holding company, with a capitalization of $110 million. Rockefeller was also prominent in the affairs of railroads and banks, being second only to J. P. Morgan in the domain of finance. When the United States Steel Corporation was formed (1901), Rockefeller was one of the directors. In 1911 a decision of the U.S. Supreme Court required the holding company to dissolve and its directors to relinquish their control over the numerous subsidiaries. Rockefeller personally ruled over his enormous petroleum business until 1911, when he retired with a fabulous fortune.

Intensely religious, Rockefeller had an interest in philanthropy as deep as his interest in business. He gave generously to the Baptist Church, to the YMCA, and to the Anti-Saloon League. He also founded (1892) the Univ. of Chicago. The most prominent of the philanthropic enterprises to which he eventually turned over some $500 million were the Rockefeller Institute for Medical Research, founded (1901) in New York City and since 1965 known as Rockefeller Univ.; the General Education Board, organized (1902) to make gifts to various educational and research agencies; the Rockefeller Foundation, established (1913) to promote public health and to further the medical, natural, and social sciences; and the Laura Spelman Rockefeller Memorial, founded (1918) in memory of his wife, for the furthering of child welfare and the social sciences. He wrote Random Reminiscences of Men and Events (1909).

Son and Grandsons

His son John Davison Rockefeller, Jr., 1874–1960, b. Cleveland, grad. Brown, 1897, took over active management of his father's interests in 1911 and engaged in numerous philanthropies. Riverside Church in New York City was built through his gifts. He also gave vast sums for religious projects, for scientific investigation, and for the restoration of historic monuments. Among his most notable philanthropies were the restoration of colonial Williamsburg, Va., and the donation of the site for the United Nations headquarters in New York City. He founded (1931) and helped plan Rockefeller Center in New York City, which the Rockefeller interests completed in 1939. John D. Rockefeller, Jr., had six children, and his five sons all became famous in various fields of endeavor.

His eldest son, John Davison Rockefeller 3d, 1906–78, b. New York City, grad. Princeton, 1929, was active in the management of family interests as well as art collecting and the support of numerous civic and philanthropic ventures, such as Lincoln Center for the Performing Arts, the United Negro College Fund, and the Population Council.

His second son was Nelson Aldrich Rockefeller.

Laurance Spellman Rockefeller, 1910–, b. New York City, grad. Princeton, 1932, has been noted for his involvement in conservation and the protection of wildlife. He funded the expansion of Grand Teton National Park and promoted creation and expansion of numerous other national parks.

Winthrop Rockefeller, 1912–73, b. New York City, attended (1931–34) Yale and then went into investment management. Interested in agriculture, he became the owner of a farm in Arkansas noted for its experiments in animal husbandry. A Republican, he served as governor of Arkansas from 1967 to 1970.

David Rockefeller, 1915–, b. New York City, grad. Harvard, 1936, Ph.D. Univ. of Chicago, 1940, joined what became the Chase Manhattan Bank in 1948 and headed it from 1969 until his retirement in 1981. He acted as spokesman for the U.S. business community on several occasions. His Memoirs were published in 2002.

Jay Rockefeller (John Davison Rockefeller 4th), 1937–, b. New York City, son of John D. Rockefeller 3d, was elected governor of West Virginia as a Democrat in 1976; reelected in 1980, he was then elected to the U.S. Senate in 1984 and reelected in 1990, 1996, and 2002. He has chaired the committee on veterans' affairs (1993–1995; 2001–3).

Bibliography

See biographies of J. D. Rockefeller by A. Nevins (rev. ed. 1959), J. Abels (1965), and R. Chernow (1998); J. T. Flynn, God's Gold (1932, repr. 1971); W. Inglis, John D. Rockefeller Interview, 1917–1920 (1989); studies by D. Frost (1987) and J. Harr and P. Johnson (1988); biography of J. D. Rockefeller, Jr., by R. B. Fosdick (1956) and of Laurance Rockefeller by R. Winks (1997).

____________________

The Columbia Encyclopedia, Sixth Edition Copyright© 2004, Columbia University Press. Licensed from Lernout & Hauspie Speech Products N.V. All rights reserved.

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books on: Rockefeller John Davison  - 69 results

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Copyright 1994 The Rockefeller University All rights reserved...dear son : correspondence of John D. Rockefeller and John D. Rockefeller, Jr. / edited...1559-8 1. Rockefeller, John D. (John Davison), 1839-1937- Correspondence...
...Hawke), 113 John D. Rockefeller (Winkelman), 109 John D. Rockefeller...Men and Events (Rockefeller), 94-96, 97...Rockefeller, Eliza Davison (mother), 12...11 1 Rockefeller, John D. ancestors of...
...Henry H. Rogers and William Rockefeller and James Stillman in Amalgamated...There are worse men than John D. Rockefeller," said the...same writer expressed it. "John D. has one vulnerable point...Carnegie or the unregenerate John W. Gates or the worldly Rogers...
...Publication Data Akin, Edward N. Flagler, Rockefeller partner and Florida baron / Edward N. Akin...History. 5. Florida--History--1865- 6. Rockefeller, John D. John Davison , 1839-1937. I. Title. II. Series. HC102...
...of my fellow men according to the dictates of my conscience. JOHN D. ROCKEFELLER Rockefeller, you know, is reputed the richest man in the world, and he...search for cause, an attempt to cure evils at their source. JOHN D. ROCKEFELLER
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journal articles on: Rockefeller John Davison  - 10 results

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...the United States this capital came from within the country. The founder of the famous Standard Oil Trust was John Davison Rockefeller, the son of a doctor from New York. Investors in Russian oil production were not only domestic companies...
...Education Board (a Rockefeller-funded philanthropic...colleges, Governor John Gordon urged Georgia...Principal of Fort Valley was John W. Davison. Initially he tried...Harkness, Rosenwald, Rockefeller, Carnegie, and Huntington...
...York City, and endorsed by John D Rockefeller Jr, the head of the bureau that...Slaves, and the Market in Women, John Hopkins University Press, Baltimore...York, 1992, pp 166-70. Graeme Davison, writing about boarding houses in...
...contrast, Fords nomination of Rockefeller as vice president represented...leadership. References Aldrich, John H. 1995. Why parties? The...New York: Norton. Blum, John Morton. 1980. The Progressive...John Wiley. Hunter, James Davison. 1991. Culture wars: The...
...Buteyn, Sarah Davison, M. David DeSoucy, John Elliott, Zachary...Belair, Meghan C. Davison, Tommy W. Deel...Joel D. Drach, John D. Fichmer, Tyler...Henderson, Joshua John Miles Hodgkins...Raymond, Melanie K. Rockefeller, Brian James Shelly...
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magazine articles on: Rockefeller John Davison  - 5 results

 
 
...while the other was Pope John Paul II. Yet Ronald Reagan...intellectual circles, and Pope John Paul II was all but ignored...Daniel Yankelovich, and James Davison Hunter, among others, signed...ELSHTAIN is the Laura Spelman Rockefeller Professor of Social and Political...
...gram of gray matter in his brain basket bail out at the absolute nadir and then pass himself off as a clone of John Davison Rockefeller?" This only goes to show how little some people know about the interplay between the stock exchange gentlemen...
...controlled by the Rockefellers. Its president...those of John D. Rockefeller, J.P...Acting for the Rockefellers were Senator...Company; Henry Davison, senior...money for John D. Rockefellers Standard...Morgan and Rockefeller, and their...
...thirty-nine years old. Davison was worried, and for...Warburg Mr. Paul. Davison and Vanderlip went a...Vanderbilt, William Rockefeller, Joseph Pulitzer, and...the Atlantic Ocean. Davison and Strong rose at daybreak...daughter Abby had married John D. Rockefeller Jr...
...Arensberg, Skipwith Cannell, Arthur Davison Ficke? Or Charles Mackey, William Mickle...dexterity can be found as well in the work of John Hollander (see his volume called Types...fellowships from the Guggenheim, Ford, and Rockefeller foundations. In the course of time she...


 

newspaper articles on: Rockefeller John Davison  - 2 results

 
 
...have a direct link back to the Roaring Twenties, John D. Rockefeller and even the historic stock market crash of 1929...covered his tuition for the remainder of that year John D. Rockefeller. After graduation, MacAdams went to work for...
...She was a girlfriend of John F. Kennedy, who also happened...custodians of order." James Davison Hunter, professor of sociology...be known as country club or Rockefeller Republicans. NATIONAL GREATNESS...delegation, except one: Senator John Kerry," the Boston Globe...


 

encyclopedia articles on: Rockefeller John Davison  - 3 results

 
 
...ROCKEFELLER, JOHN DAVISON 1839 1937...industrious, Rockefeller became...reserves, Rockefeller soon dominated...members of Rockefellers combination...million. Rockefeller was also...Grandsons His son John Davison Rockefeller...
...the Democratic party, but in 1966 Winthrop Rockefeller (see under Rockefeller, John Davison was elected the states first Republican governor...Reconstruction. Although reelected in 1968, Rockefeller lost the governorship to a Democrat, Dale...
...other forms of art gathered in France by George Grey Barnard . This collection was bought by John D. Rockefeller, Jr. (see under Rockefeller, John Davison ), in 1925, and presented to the Metropolitan Museum. Later additions include a series...


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