The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk. Number of securities to which option relates, (d) Other dealings (including subscribing for new securities), Nature of dealinge.g. The house she lived in in Easton became a National Historic Landmark in 1993. Students must select 2 facts and explain how they shed light on Keppler's depiction of Standard Oil in his 1904 cartoon. Collection. Puck Magazine. Continue Watch full video. Today’s Exxon-Mobil Corporation is a direct descendant. (1) Relevant securities owned and/or controlled: (3) Stock-settled derivatives (including options) and agreements to purchase/sell: All interests and all short positions should be disclosed. While Ohio won the case, Standard Oil appealed the decision. Check out the Trans Pacific Partnership: http://www.huffingtonpost.com/michele-nashhoff/the-transpacific-partners_1_b_3568136.html. Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in. Enter your email address to follow this blog and receive notifications of new posts by email. 1904 Standard Oil Octopus At the beginning of the 20 th century, Standard Oil was the world’s largest corporation; it was also the first multinational corporation – until the U.S. Supreme Court dismantled it in 1911, as part of anti-monopoly wave that had … “Illustration shows a “Standard Oil” storage tank as an octopus with many tentacles wrapped around the steel, copper, and shipping industries, as well as a state house, the U.S. Capitol, and one tentacle reaching for the White House.” (artist uncredited) Ida Tarbell, American investigative journalist, lecturer, and chronicler of American industry best known for her classic The History of the Standard Oil Company (1904), which helped define the trend to investigate, expose, and crusade in liberal journals of the day that came to be known as muckraking. Writing, purchasing, selling, varying etc. monopoly without the help of the banks.” Finally, the image of the Standard Oil Company with tentacles from the Library of Congress, in Document 5 depicts a Standard Oil storage tank as an octopus with tentacles wrapped around the steel, copper, and shipping industries, a state house, the U.S. Capitol, and has one tentacle reaching for the White House, with the caption, “Next!” 6. (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. When octopus is used in a figurative sense ("something that resembles an octopus especially in having many centrally directed branches") this seems to be the preferred plural. When Standard Oil was broken up in 1911, its Southern California segment eventually turned into Chevron. Nothing much has changed. Change ). Pinned to Online Education culture on Pinterest; Somebody trying to build the earth in 1:1 in minecraft and searches for co- builders! Class of relevant security in relation to which subscription right exists: Details, including nature of the rights concerned and relevant percentages: 3. Ueverting lo ihe Standard Oil , Campbell declared : Tint yesterday they issued ti . Publisher. MEDIUM: 1 print (2 pages) : lithograph, color. Standard Oil. https://www.sbs.com.au/food/recipes/olive-oil-poached-octopus-cayenne-pepper It was founded in 1871 as a German-language publication by Joseph Keppler, an Austrian-born cartoonist. Today, CVX is a major global integrated oil and gas company. Students must read an introductory text and then analyze the cartoon to answer a set of analysis questions. ACTIVITIES Use your textbook and other print and online resources to complete the following activities. ! Top buyers of oil octopus from around the world. The company is depicted as an octopus crushing small oil companies, savings banks, the railroads, the shipping industry, the government and businessmen with its … SUMMARY: Political cartoon showing a Standard Oil tank as an octopus with many tentacles wrapped around the steel, copper, and shipping industries, as well as a state house, the U.S. Capitol, and one tentacle reaching for the White House. It was the first of the great corporate trusts. It was published from 1871 until 1918. Nature of dealinge.g. Standard Oil, U.S. company and corporate trust that from 1870 to 1911 was the industrial empire of John D. Rockefeller and associates, controlling almost all oil production, processing, marketing, and transportation in the United States. Add text, web link, video & audio hotspots on top of your image and 360 content. Four years later, Standard Oil offered a novel proposal to the State of Missouri that it form a partnership with Standard Oil to administer the company’s three subsidiaries in Missouri. For a trust, the trustee(s), settlor and beneficiaries must be named. Panjiva helps you find, evaluate and contact buyers of oil octopus. Horace Taylor, the artist who created this cartoon, was born in New York City in 1864. In 1870, the company was renamed Standard Oil Company, after which Rockefeller decided to buy up all the other competition and form them into one large company. http://www.huffingtonpost.com/michele-nashhoff/the-transpacific-partners_1_b_3568136.html, “Get a Rope” Quotes of the Week – February 20, 2021, Worst Quotes of the Week – February 20, 2021. (c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree. and Governor of . Udo J Keppler, “The Octopus,” Standard Oil vs. Change ), You are commenting using your Google account. September 7, 1904. GLOBAL MARKETS-Strong German data helps European shares recover; Wall Street futures subdued, RPT-Britain does not favour sporting boycotts, says PM Johnson on China, Stock market news live updates: Stock futures trade sideways, UPDATE 1-ExxonMobil to sell some UK, North Sea assets to HitecVision for over $1 bln, Covid Researchers Icon, PRA Health Join in $12 Billion Deal. decree to the Attorney _CJeiiora . In 1911, the United States Supreme Court eventually ruled in this case that Standard Oil was a trust and had to cease to exist. Fill in your details below or click an icon to log in: You are commenting using your WordPress.com account. Back. Aug 6, 2013 - 1904: The Standard Oil octopus. The Standard Oil Company was often depicted by critics as an octopus because of the way they eliminated competition. ( Log Out /  Political Cartoon Lampoons Standard Oil A politcal cartoon entitled 'The Monster Monopoly' comments on the Standard Oil Comapany, circa 1884. (a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any). Standard Oil Trust. Missouri that further prosecution of the suit now pending in court against them must be _flopped or iJiey will destroy the value of billions and billions of property . When explaining how the integrated report – and the information contained therein – fits into the reporting structure the analogy of the octopus is often used 2 . The Standard Oil Trust was formed in 1863 by John D. Rockefeller. Is a Supplemental Form 8 (Open Positions) attached? The currency of all prices and other monetary amounts should be stated. Creator. In 1905, the State of Missouri sued Standard Oil for operating as a monopoly in violation of the state’s antitrust laws. He died in 1921. Air Date: 07/29/2007. If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security. . The message was clear: big oil had its grip on the halls of power. Notice that its arms are wrapped around not just the United States Congress and a state house but also the cooper, steel and shipping industries. The integrated report is the head of the octopus: it tells the value creation story of the organisation in a high-level, complete, concise way and includes all material matters. Change ), You are commenting using your Twitter account. Change ), You are commenting using your Facebook account. subscription, conversion, (a) Indemnity and other dealing arrangements, Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:Irrevocable commitments and letters of intent should not be included. The Standard Oil Trust effectively eliminated competition. ( Log Out /  What happened recently …. View the interactive image by Sian. He built up the company through 1868 to become the largest oil refinery firm in the world. The order Octopoda includes 289 species, according to the World Animal Foundation. Explore content created by others. Check out our octopus oil selection for the very best in unique or custom, handmade pieces from our candles & holders shops. 1904 American cartoon depicting the Standard Oil company as an octopus (Library of Congress) The most famous octopus cartoon must be this 1904 depiction of John Rockefeller’s Standard Oil. Like the John Brown's Legacy assessment, this question gauges students' ability to evaluate the relevance of contextual information for determining the motivations of an author. POSITIONS OF THE PERSON MAKING THE DISCLOSURE. It originated in Cleveland, Ohio. On thinglink.com, edit images, videos and 360 photos in one place. this is an excellent reminder. Competition. Nov 8, 2016 - This simple worksheet includes a primary source political cartoon about John D. Rockefeller's famous Standard Oil monopoly. Latest London news, business, sport, showbiz and entertainment from the London Evening Standard. The company continued to prosper and expand its empire, and, in 1882, all of its properties and those of its affiliates were merged into the Standard Oil Trust, which was, in effect, one huge organization with tremendous power but a murky legal existence. ( Log Out /  A category of persons for which a resource is intended or a category of persons representing the intellectual level for which the content of a resource is considered appropriate. PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”). Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions). CREATED/PUBLISHED: N.Y. : J. Ottmann Lith, Co., 1904 Sept. 7. ( Log Out /  (b) Rights to subscribe for new securities (including directors’ and other employee options). In 1892, Ohio's attorney general filed suit against Rockefeller and his company. print. If you read Laton McCartney’s “The Tea Pot Dome Scandal,” you’ll also see how the 1920 U.S. presidential elections were deliberately ransacked to put Warren Harding in the White House and ensure large oil corporations would be allowed to rake in vast profits. If it is a cash offer or possible cash offer, state “N/A”, 2. What is the myth that led the Supreme Court to break up Standard Oil in order to protect competition? Puck is a defunct magazine, the first successful humor magazine in the United States of colorful cartoons, caricatures and political satire of the issues of the day. Standard Oil Trust. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE. The Ohio businessman John D. Rockefeller entered the oil industry in the 1860s and in 1870, and founded Standard Oil with some other business partners. Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. The big banks, other corporations. The myth was pushed most publically by journalist Ida Tarbell (whose father and brother both competed poorly against Standard Oil) in the chapter "Cutting to Kill" in her The History of the Standard Oil Company, described by Thomas DiLorenzo as "a classic of antibusiness propaganda.". Wilson had some success, including the break-up of Standard Oil in 1911. opening/closing a long/short position, increasing/reducing a long/short position, (c) Stock-settled derivative transactions (including options), (i) Writing, selling, purchasing or varying. On May 15, 1911, the Supreme Court ordered the dissolution of Standard Oil Company, ruling it was in violation of the Sherman Antitrust Act. . The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129. 1. Illustration (by Udo J Keppler) shows a 'Standard Oil' storage tank as an octopus with many tentacles wrapped around the steel, copper, and shipping industries, as well as a state house, the US Capitol, and one tentacle reaching for the White House, September 7, 1904. (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: (e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure, (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? What effect do you think the cartoonist intended his work to have on his audience in 1904? Nevertheless, mergers and monopolies continued, and big business continued to exert a powerful influence over American life. This video is not available for streaming in your region. We are sorry! Flash forward a century later and we have to ask – have things changed much? This site uses Akismet to reduce spam. If there are no such agreements, arrangements or understandings, state “none”, (b) Agreements, arrangements or understandings relating to options or derivatives, Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:(i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:If there are no such agreements, arrangements or understandings, state “none”. This video has been clipped from an NBC News video for instructional use. _viiliin ihe slate of Kansas and . The Standard Oil Octopus Cartoon. 1904 American cartoon depicting the Standard Oil company as an octopus (Library of Congress) The word also refers specifically to animals in the genus Octopus. Tagged as big oil, octopus, Standard Oil, Udo J. Keppler, Unfortunately, things are much worse. In 1904, “Puck Magazine” published a cartoon by Udo J. Keppler (son of founder Joseph Keppler) showing a Standard Oil tanker as an octopus with a wicked gaze; its tentacles wrapped around various political establishments, such as the White House. I have a feeling that’s what happened 80 years later – something we’ll find out soon enough. Think of a different animal that could have been used to represent Standard Oil (instead of an octopus). Learn how your comment data is processed. The History of the Standard Oil Company remains a classic of investigative reporting, and Tarbell’s legacy as a someone who took seriously the credo that journalists should “afflict the comfortable and comfort the afflicted” lives on. The Most Mysterious Creature in the Sea.\" Some people call their appendages tentacle… The word octopus comes from the Greek, októpus, which means \"eight foot,\" according to a Smithsonian magazine article that summarized facts in Katherine Harmon Courage's book, \"Octopus! Date. Citation. Standard Oil Co. was an American oil-producing, transporting, refining, and marketing company.Established in 1870 by John D. Rockefeller and Henry Flagler as a corporation in Ohio, it was the largest oil refiner in the world at its height. This Udo J Keppler. At the beginning of the 20th century, Standard Oil was the world’s largest corporation; it was also the first multinational corporation – until the U.S. Supreme Court dismantled it in 1911, as part of anti-monopoly wave that had commenced with the Sherman Anti-Trust Act of 1890.