377:, both critical resources to the war effort. In 1938, under Teagle's leadership, Standard Oil and its British subsidiaries supplied five hundred tons of tetraethyl lead to Germany's Luftwaffe. Germany had very few industrial resources of its own, and without this octane booster for its aviation gas, the Luftwaffe would have been practically grounded. At the time tetraethyl lead was a rare and highly controlled commodity and it is unlikely Germany would have been able to find another source for it. Had Teagle not arranged such a massive transfer of the substance to the Luftwaffe, it is likely that the second World War would have been postponed for several years. Standard Oil, under Teagle, also supplied Japan with large quantities of this critical aviation gas component.
774:
381:
company. Because of the patents it had sold to
Germany, Standard Oil also interfered with America's production of synthetic ammonia (for use in explosives), acetic acid (another crucial war material), and methanol (another fuel additive). Standard and Teagle, again protecting IG Farben's patents, had also worked to prevent the US military from obtaining paraflow, a crucial high-altitude lubricant used in fighters and bombers.
31:
298:
with the class of 1900, but graduated early in 1899 with a B.S. in chemistry. As a student, Teagle was said to have "managed everything," serving as manager for two publications, the football team, class politics, and as chair of the committees for class promenades and cotillions. He was a member of
403:
Despite the settlement, for the duration of the Second World War, Standard Oil, under deals Teagle had overseen, continued to supply Nazi
Germany with oil. The shipments went through Spain, Vichy France's colonies in the West Indies, and Switzerland. Standard's oil shipments from the United States
380:
When
America entered the war a few years later, it was desperately short of rubber because Standard Oil, again under Teagle's leadership, refused to produce any synthetic rubber for the American military, because Teagle had transferred the patent rights for synthetic rubber to IG Farben, a German
345:
Teagle married twice, to Edith Murray on
October 3, 1903, and after her death, to Rowena Lee in 1910. Following Standard Oil house counsel Virgil Kline, who had earlier won cases against Standard for his father's firm, Teagle built a summer house in
439:
in expanding research and development of petroleum-based products, leading to fuel refinements and diverse petrochemical uses such as in cosmetics and food preservatives. He appears on the cover of the
December 9, 1929 issue of
483:
In 1944, he established The Teagle
Foundation "to advance the well-being and general good of mankind throughout the world." At Teagle's request, the foundation's directors always include an individual appointed by
338:. Under his leadership, Standard Oil of New Jersey became the world's largest oil producer, increasing market share from 2% to 11.5%. He helped pioneer worker representation on refinery councils and the
369:. As a director of IG Farben's American subsidiary, he allied Standard Oil with the German company and conducted research jointly. Standard Oil supplied information to IG Farben on how to manufacture
404:
to Spain were briefly halted in
January 1944 due to American public pressure, then began again in May 1944. Spain, meanwhile, was shipping 48,000 tons a month of American oil to Germany.
865:
529:
The
Standard Oil Company of New Jersey, the largest oil company in the United States, yesterday acquired a new President, who has not yet reached his fortieth birthday, in
396:. The result was a fall in public favor for Standard Oil and the resignation of Teagle in 1942, one year short of the mandatory retirement age. He was replaced by
569:"Walter C. Teagle Is Dead at 83. Ex-Head of Standard Oil (N.J.); Chairman Retired in 1942. Led Liberal Labor Policy and Fostered Exports. Headed Company at 39"
251:
from 1937 to 1942. He was responsible for leading
Standard Oil to the forefront of the oil industry and significantly expanding the company's presence in the
840:
811:
657:
468:
during its brief tenure from 1933 to 1934, helping handle labor disputes. He was appointed to
President Roosevelt's National Defense Mediation Board and
259:
announced that Teagle was their highest salaried graduate. He served as vice president of the Cornell Club of New York and on a variety of committees.
698:
845:
384:
Though Teagle himself had two sons in the Army Air Force, Standard Oil, through its subsidiaries, continued to supply Germany with oil. Faced with a
669:"Age Retires Standard Oil Men. $ 25,000 Pay Rule Also a Factor. Three Successor Executives to Be Elected Today. Ralph W. Gallagher as Next Chairman"
619:
284:
668:
545:
804:
469:
588:
860:
687:
797:
568:
460:
Teagle was very active in labor, business, and trade organizations and councils. He served as head of President Hoover's
385:
850:
357:
from 1924 to 1954 and donating funds for the Teagle Hall athletic building. Teagle has been accused of contributing to
314:
bought out the Teagle family refinery, and placed Teagle in charge. Two years later, he joined the export committee of
244:
509:"Standard Oil Elects W. C. Teagle President. A. C. Bedford Made Chairman of the Board. Successor Not Yet 40 Years Old"
731:
473:
641:
Yergin, Daniel (1991). "The Prize, The Epic Quest for Oil, Money and Power" New York: Simon & Schuster.
546:"Teagle Quits Helm Of Standard Oil. President of Jersey Company Changes Places With W. S. Farish, Chairman"
508:
86:
43:
315:
632:. Encyclopedia Of The History Of American Management. New York: Thoemmes Continuum, 2005. Print Pp 494
723:
109:
78:
432:
428:
322:
in 1910, and a vice president shortly thereafter. During this time, he acquired operations in
855:
652:
416:
389:
334:
of New Jersey, then known as Esso, for Standard Oil of New Jersey, and since 1972, known as
248:
66:
835:
830:
477:
465:
785:
746:
318:, traveling around the world for the next seven and a half years. He became a director of
8:
530:
276:
485:
449:
408:
397:
354:
295:
256:
227:
165:
121:
592:
757:
727:
712:
393:
719:
374:
347:
300:
272:
412:
370:
304:
268:
149:
781:
673:
629:
573:
550:
516:
339:
472:. He was also on the national Business Advisory Council and a director of the
427:
Teagle was selected as one of 20th Century Great American Business Leaders by
824:
614:
441:
252:
436:
362:
358:
331:
319:
311:
288:
280:
709:
461:
489:
780:
This article about an American businessperson born in the 1870s is a
366:
323:
271:
on May 1, 1878 into a wealthy oil family. Teagle was the grandson of
773:
392:
that a suit would hurt the war effort, instead choosing to pay an
411:
after a long illness, He was entombed in the Teagle Mausoleum at
710:
Altschuler, Glenn C.; Isaac Kramnick; R. Laurence Moore (2003).
335:
330:. At the age of 39, Teagle became the youngest president of
327:
30:
866:
American business biography, 19th-century birth stubs
365:
through his involvement with German chemical company
711:
44:President of the Standard Oil Company (New Jersey)
243:(May 1, 1878 – January 9, 1962) was president of
87:Chairman of the Standard Oil Company (New Jersey)
822:
805:
841:American businesspeople in the oil industry
812:
798:
388:investigation, Teagle convinced President
29:
407:In 1962, Teagle died at the age of 83 in
99:June 1, 1937 – November 30, 1942
56:November 15, 1917 – June 1, 1937
846:American collaborators with Nazi Germany
747:Cornell University Athletic Hall of Fame
589:"20th Century American Leaders Database"
287:, headed Scofield, Shurmer and Teagle,
195: 1903; died 1908)
823:
563:
561:
444:. He was also selected as one of the
768:
651:"Walter Teagle's Nazi Connection".
558:
386:United States Department of Justice
13:
455:
245:Standard Oil Company of New Jersey
14:
877:
772:
714:The 100 Most Notable Cornellians
751:
740:
703:
692:
681:
488:and an individual appointed by
212:
192:
661:
644:
635:
623:
606:
581:
538:
501:
474:National Foreign Trade Council
1:
861:Businesspeople from Cleveland
495:
784:. You can help Knowledge by
446:100 Most Notable Cornellians
291:'s competitor in Cleveland.
262:
7:
353:He served as a trustee for
10:
882:
767:
431:and was inducted into the
316:Standard Oil of New Jersey
247:from 1917 to 1937 and was
851:Cornell University alumni
422:
234:
223:
171:
155:
136:
131:
127:
115:
103:
92:
84:
72:
60:
49:
41:
37:
28:
21:
724:Cornell University Press
470:National War Labor Board
435:in 1974 for his work at
688:Automotive Hall of Fame
452:Athletic Hall of Fame.
433:Automotive Hall of Fame
429:Harvard Business School
448:and inducted into the
279:'s former partners in
758:The Teagle Foundation
699:Time Magazine archive
655:. September 27, 1978.
653:The Cornell Daily Sun
417:Greenwich Connecticut
390:Franklin D. Roosevelt
249:chairman of the board
677:. November 23, 1942.
478:Federal Reserve Bank
466:National Labor Board
464:movement and on the
110:William S. Farish II
79:William S. Farish II
16:American businessman
617:. January 19, 1962.
577:. January 10, 1962.
531:Walter Clark Teagle
520:. November 16, 1917
283:. Teagle's father,
277:John D. Rockefeller
241:Walter Clark Teagle
182:Edith Castle Murray
23:Walter Clark Teagle
486:Cornell University
450:Cornell University
409:Byram, Connecticut
398:Ralph W. Gallagher
355:Cornell University
340:eight-hour workday
296:Cornell University
257:Cornell University
228:Cornell University
205:Rowena Bayliss Lee
166:Byram, Connecticut
122:Ralph W. Gallagher
793:
792:
394:out-of-court fine
238:
237:
67:Alfred C. Bedford
873:
814:
807:
800:
776:
769:
760:
755:
749:
744:
738:
737:
717:
707:
701:
696:
690:
685:
679:
678:
665:
659:
656:
648:
642:
639:
633:
627:
621:
618:
613:"Death Notice".
610:
604:
603:
601:
600:
591:. Archived from
585:
579:
578:
565:
556:
555:
542:
536:
535:
526:
525:
513:
505:
375:synthetic rubber
348:Blue Hill, Maine
301:Quill and Dagger
273:Maurice B. Clark
255:field. In 1923,
216:
214:
196:
194:
162:
146:
144:
132:Personal details
118:
106:
97:
75:
63:
54:
33:
19:
18:
881:
880:
876:
875:
874:
872:
871:
870:
821:
820:
819:
818:
765:
763:
756:
752:
745:
741:
734:
708:
704:
697:
693:
686:
682:
667:
666:
662:
650:
649:
645:
640:
636:
628:
624:
612:
611:
607:
598:
596:
587:
586:
582:
567:
566:
559:
554:. June 2, 1937.
544:
543:
539:
523:
521:
511:
507:
506:
502:
498:
458:
456:Other positions
425:
413:Putnam Cemetery
371:tetraethyl lead
305:Alpha Delta Phi
294:Teagle entered
269:Cleveland, Ohio
267:He was born in
265:
219:
218:
215: 1911)
210:
206:
198:
190:
186:
183:
164:
160:
159:January 9, 1962
150:Cleveland, Ohio
148:
142:
140:
116:
104:
98:
93:
73:
61:
55:
50:
24:
17:
12:
11:
5:
879:
869:
868:
863:
858:
853:
848:
843:
838:
833:
817:
816:
809:
802:
794:
791:
790:
777:
762:
761:
750:
739:
732:
702:
691:
680:
674:New York Times
660:
643:
634:
630:Witzel, Morgen
622:
605:
580:
574:New York Times
557:
551:New York Times
537:
517:New York Times
499:
497:
494:
457:
454:
424:
421:
264:
261:
236:
235:
232:
231:
225:
221:
220:
208:
204:
203:
202:
201:
188:
184:
181:
180:
179:
178:
175:
173:
169:
168:
163:(aged 83)
157:
153:
152:
138:
134:
133:
129:
128:
125:
124:
119:
113:
112:
107:
101:
100:
90:
89:
82:
81:
76:
70:
69:
64:
58:
57:
47:
46:
39:
38:
35:
34:
26:
25:
22:
15:
9:
6:
4:
3:
2:
878:
867:
864:
862:
859:
857:
854:
852:
849:
847:
844:
842:
839:
837:
834:
832:
829:
828:
826:
815:
810:
808:
803:
801:
796:
795:
789:
787:
783:
778:
775:
771:
770:
766:
759:
754:
748:
743:
735:
733:0-8014-3958-2
729:
725:
721:
716:
715:
706:
700:
695:
689:
684:
676:
675:
670:
664:
658:
654:
647:
638:
631:
626:
620:
616:
615:Time Magazine
609:
595:on 2006-09-02
594:
590:
584:
576:
575:
570:
564:
562:
553:
552:
547:
541:
534:
532:
519:
518:
510:
504:
500:
493:
491:
487:
481:
479:
475:
471:
467:
463:
453:
451:
447:
443:
442:Time Magazine
438:
434:
430:
420:
418:
414:
410:
405:
401:
399:
395:
391:
387:
382:
378:
376:
372:
368:
364:
360:
356:
351:
349:
343:
341:
337:
333:
329:
325:
321:
317:
313:
308:
306:
302:
297:
292:
290:
286:
282:
278:
274:
270:
260:
258:
254:
253:petrochemical
250:
246:
242:
233:
229:
226:
222:
200:
199:
177:
176:
174:
170:
167:
158:
154:
151:
139:
135:
130:
126:
123:
120:
114:
111:
108:
102:
96:
91:
88:
83:
80:
77:
71:
68:
65:
59:
53:
48:
45:
40:
36:
32:
27:
20:
856:Standard Oil
786:expanding it
779:
764:
753:
742:
720:Ithaca, N.Y.
713:
705:
694:
683:
672:
663:
646:
637:
625:
608:
597:. Retrieved
593:the original
583:
572:
549:
540:
528:
522:. Retrieved
515:
503:
482:
459:
445:
437:Standard Oil
426:
406:
402:
383:
379:
363:World War II
359:Nazi Germany
352:
344:
332:Standard Oil
320:Standard Oil
312:Standard Oil
309:
303:society and
293:
289:Standard Oil
281:Standard Oil
266:
240:
239:
161:(1962-01-09)
117:Succeeded by
94:
74:Succeeded by
51:
836:1962 deaths
831:1878 births
462:job sharing
285:John Teagle
147:May 1, 1878
105:Preceded by
62:Preceded by
825:Categories
599:2007-02-17
524:2015-04-14
496:References
490:ExxonMobil
230:(BS, 1900)
143:1878-05-01
367:IG Farben
324:Venezuela
310:In 1901,
275:, one of
263:Biography
224:Education
95:In office
52:In office
361:during
217:
209:
197:
189:
185:
172:Spouses
730:
423:Honors
512:(PDF)
336:Exxon
211:(
207:
191:(
187:
782:stub
728:ISBN
533:. ..
476:and
373:and
328:Iran
326:and
299:the
156:Died
137:Born
85:4th
42:3rd
827::
726:.
722::
718:.
671:.
571:.
560:^
548:.
527:.
514:.
492:.
480:.
419:.
415:,
400:.
350:.
342:.
307:.
213:m.
193:m.
813:e
806:t
799:v
788:.
736:.
602:.
145:)
141:(
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
