The History of the Standard Oil Company the power of the press. As such, "The History of Standard Oil Company" harbors great significance as a standard-bearer of modern investigative journalism. In his 2008 book "Taking on the trust : the epic battle of Ida Tarbell and John D. Rockefeller", Steve Weinberg described "The History of the Standard Oil Company" as "arguably the greatest work of investigative journalism ever written". The History of the Standard Oil Company The History of the Standard Oil Company is a 1904 book by journalist Ida Tarbell. It is an exposé about the Standard Oil Company, run at the time by oil tycoon
Standard Oil in New York City. Concurrently, the trustees of Standard Oil of Ohio chartered the Standard Oil Co. of New Jersey (SOCNJ) to take advantages of New Jersey's more lenient corporate stock ownership laws. In 1890, Congress passed the Sherman Antitrust Act – 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