Rockefeller were alive today, he would have a net worth of around $400 billion, making him the world’s richest man. Standard Oil would have been worth more than $1 trillion if it had existed in its single trust format today, making it the world’s richest company behind Apple. The Standard Oil Trust, which would control 90% of the country’s refineries and pipelines, was founded in 1882 by these various companies. Standard Oil seized a monopoly in the oil industry by purchasing rival refineries and developing companies to distribute and market its products around the world. What impact did Standard Oil have on the market? It depicts “Standard Oil” as a large octopus spreading across the United States, strangling state capitals and Washington’s Congress, reaching out to “Next” in an attempt to seize the White House. Rockefeller’s industrial empire, controlling almost all oil production, processing, marketing, and transport in the United States. Standard Oil, in its entirety Standard Oil Company and Trust, an American company and corporate trust that operated from 1870 to 1911 as John D. What are the five steps to analyzing a political cartoon?Ĭreate your own cartoon by incorporating some of the five essential elements: irony, exaggeration, analogy symbolism, and labeling. Standard Oil then made an appeal to the United States. They also backed the government’s recommendation that the trust be disbanded into independent, competing companies. Standard Oil was a monopoly that violated the Sherman Antitrust Act, according to both the trial judge and a unanimous federal appeals court. What was the government’s relationship with Standard Oil? This 1904 political cartoon exemplifies American concerns about the Standard Oil Company’s vast and expanding control over the American government. What event led to the investigation referred to in the cartoon? What does the cartoon from Standard Oil mean?.One tentacle is reaching for the White House, and the other is reaching for the Capitol. Summary: A “Standard Oil” storage tank is depicted as an octopus with numerous tentacles wrapped around steel, copper, and shipping industries, as well as a statehouse in the United States. What do the Standard Oil octopus’ tentacles look like? This image depicts Standard Oil’s power as a global entity with literal control over various other industries (both competitors and other stages of production), as well as sway over the political entities that should be in charge. What does the octopus from Standard Oil represent? A good political cartoon not only makes you think about current events, but it also tries to persuade you to believe in the cartoonist’s point of view. Their main goal, however, is to persuade you rather than amuse you. What is the political cartoon’s message? Political cartoons can be extremely amusing, especially if you are aware of the topic on which they are commenting. The US Capitol Building is surrounded by a large field of oil drums and has smoke stacks on it in the background. What is the main character in the Standard Oil Company cartoon doing? Rockefeller is depicted in the cartoon as a giant with complete control over the Supreme Court, who appears to be putting money inside the building. It claims to be growing in size, and the octopus demonstrates that it is a large company with a lot of hands. Why do you think the cartoonist depicted an octopus as a symbol of Standard Oil? What makes you think the artist chose an octopus as his representation of standard oil?īecause Standard Oil is expanding and acquiring more and more businesses and suppliers. The Standard Oil monopoly, according to Keppler’s 1904 drawing, enslaves other industries as well as our political leadership. Its tentacles serve as a metaphor for a grasping, threatening, and strangling force. What is the central theme of the octopus cartoon in Standard Oil? The octopus has long served as a symbol for cartoons.
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