Anonymous ID: d601c9 July 1, 2020, 8:51 a.m. No.9812506   🗄️.is 🔗kun   >>2801

>>9812472

Sherman Antitrust Act

In 1890, Congress overwhelmingly passed the Sherman Antitrust Act (Senate 51-1; House 242-0), a source of American anti-monopoly laws. The law forbade every contract, scheme, deal, or conspiracy to restrain trade, though the phrase "restraint of trade" remained subjective. The Standard Oil group quickly attracted attention from antitrust authorities leading to a lawsuit filed by Ohio Attorney General David K. Watson.

 

From 1882 to 1906, Standard paid out $548,436,000 in dividends at 65.4% payout ratio. The total net earnings from 1882 to 1906 amounted to $838,783,800, exceeding the dividends by $290,347,800, which was used for plant expansions.

Anonymous ID: d601c9 July 1, 2020, 9:33 a.m. No.9812928   🗄️.is 🔗kun

>>9812801

>Standard Oil,Rockefeller

Yep

the split is when he went from being a multi-millionaire to the worlds first billionaire.

"Unintended?" consequences.