History of the United States II / Unit 3 USH2 0317 short lesson, about 20 seconds
The Trust
Captions available
The idea
A trust, as Standard Oil used it in eighteen eighty-two, let a board of trustees control several companies as if they were one.
In practice
Nine trustees managing the interests of thirty-seven Standard Oil stockholders.
Where people slip
The word trust came to mean any giant combination. Congress would take aim at trusts, as unit five shows.
Your place on the trail
Every lesson rests on earlier ones and opens later ones. Tap any to jump.
Builds on
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