John D. Rockefeller：Random Reminiscences of Men and Events, Additional Excerpt 164

The profits of the Standard Oil Company did not come from advantages given by railroads. The railroads, rather, were the ones who profited by the traffic of the Standard Oil Company, and whatever advantage it received in its constant efforts to reduce rates of freight was only one of the many elements of lessening cost to the consumer which enabled us to increase our volume of business the world over because we could reduce the selling price.

Source： https://www.gutenberg.org/ebooks/17090
Locator：Additional excerpt 164 · Verified：2026-10-19 · Verification：Short excerpt

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