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In this year, John got his first job and started working at a young age. He made about 50 cents a day.
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John and Samuel Andrews bought out John's other business partners and renamed their company Rockefeller and Andrews.
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John and a friend opened their own called Clark and Rockefeller. (Economical)
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Built his first oil refinary just outside of Cleveland, OH.
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It was signed by 9 people. In this trust it was agreed that companies could be merged, dissolved, purchased, ect...
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As one of his biggest accomplishments of his life, Rockefeller on this day opened and became president of Standard Oil Company.
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As a competor against Rockefeller, Carnegie created a world of steal which took away some sales from Rockefeller.
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In the early 1880's Rockefeller owned almost 90% of the U.S. refineries and oil pipes.
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John D. Rockefeller was always giving money to a charity. In 1887, he gave a small school in Chicago a donation which the school when then become University of Chicago.
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In 1890, U.S. congress passed this act that prohibited trusts and combinations that put a hold on trade.
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In 1892, Carnegie Steal Company was formed from Carnegies money.
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During the beginning of this year he founded the Rockefeller Institute for Medical Research in New York City, which to this date is known as Rockefeller University.
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With his age catching up to him, Rockefeller deiced to retired from Standard Oil, but yet keep in touch and contiunelly get updates from them.
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A few years after Rockefeller stepped down to retire, Archduke Franz Ferdinand was assisinated and this was the spark that started World War I.
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With the assisination of Archduke Franz Ferdinand, the first of the two World Wars started on this day with Austria-Hungry declaring war on Serbia.
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The treaty that ended World War I was signed while Rockefeller was still alive. So even though he was never envolved himself, ,in a war or anything military. He was still around when something big went on.
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With his goal of living till he was 100 years old, Rockefeller sadly past away at the age of 97, in Florida of arteriosclerosis.