“The Expansion of U.S. Industry”

Henry H. Rogers in forming the Amalgamated Copper Mining Company, a retaining company that proposed to command the copper industry. (Cayton, pp. 10) Rockefeller, along with Henry Rogers, developed a deceptive design which made them a profit of $36 million. First, they bought Anaconda Properties from Marcus Daly for $39 million, with the comprehending that the ascertain was to be made a down fee in the bank and stay there for a decisive time (National City Bank was run by Rockefeller's friends). Rogers and Rockefeller then set up a paper organization renowned as the Amalgamated Copper Mining ...