| Book Review | The Journal of American History, 90.2

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| Book Review | The Journal of American History, 90.2 | The History Cooperative

Book Review

Broken Trusts: The Texas Attorney General versus the Oil Industry, 1889–1909. By Jonathan W. Singer. (College Station: Texas A&M University Press, 2002. xiv, 344 pp. $49.95, ISBN 1-58544-160-0.)

In November 1894, a McClennan County, Texas, grand jury indicted Henry Clay Pierce (the president of Waters-Pierce Oil Company), many company employees, and a number of Standard Oil executives, including John D. Rockefeller, of conspiring to monopolize the oil trade in Texas. There followed, as Jonathan W. Singer relates, Texas's first litigation to enforce its 1889 antitrust law, action resulting in Waters-Pierce being found guilty and barred from doing business in Texas in 1900. The company promptly reorganized, got a new permit to do business in Texas, and continued operations until 1906, when it faced a fresh bout of litigation. In the course of this second siege in the courts, Henry Clay Pierce himself was tried for perjury. Though Clay was found not guilty, once again Waters-Pierce was ousted from doing business in Texas, an apparent triumph for antimonopo-lists.

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