The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1903-03-20
EXCEL IN READY MONEY
James n. Hyde and Young Rockefel-
Ter Educated to Succeed
Their aFthers.

PA1NO ~ SAO 00y liz ~
ing much attention, and it's great sig
nificance has been entirely overlooked.
Reference is made to the election Of
John D. Rockefeller, Jr., and James
H. Hyde to the directory of the Mis-
souri, Pacific and other railroads of
the Gould system. These two young
men, both of them under 80 years of
age, represent two of the largest finan-
cial interests in the world, unsurpass-
ed in many respects.
The Rothschild "crowd," as it is
called; the Morgan interests, the Har-
rimans and the j. j. Hill combinations
control enormous sums Of money and
| influence, but none of them can com
) mand the ready capital that lies at
the call of Mr.. Rockefeller.
Mr.. Hyde, although but q years
| old, is at the head Of one of the lar
gest and most influential corporations
in the world, the Equitable Insurance
company. He is not only at the head
of that institution, but it's absolute
owner and dictator. The capital stock
Of the company is only 500, 900, al
though it's assets add a thousand mil
lions, and young Mr.. Hyde is the for
tunate owner of $51 1000, or ffty-one
of the 100 shares. He inherited this
from his father, who had no superior
in recent generations either in organ
ization or in enterprise. He was a
man of dictatorial habits and close
business methods, and that great
company is a monument to his
business sagacity and industry. He
surrounded himself with a board Of
directors who control a dozen or more
of the most important %financitl insti-
buttons in the country, and his assist
ants were men selected for their
genius in the line where their services
were required.
James H. Hyde, the son, was edu-
Gated to take his fathers place and
was elected president of the company
at it's first meeting after his fathers
death, when he was only Is years
old. However, since he was able to
understand anything he and every one
else connected with the company has
known that he was to succeed his
father, and his education and training
had been governed with that end in
view. He is a graduate of Harvard,
fond of athletic sports, and a we'll
rounded scholar. He is especially
strong in French and has written a
book on certain periods of French his
tory, which he intends to publish,
Young Hyde also has a hearty and
healthy interest in social affairs, plays
a good game of golf and tennis, is
a fine c~ross-country rider and has a
stable of thoroughbreds, several OF
which he has himself broken to sad.
die or harness. His life has been
clean, and his associations are with
the best class of young men in New
York. He is interested in the uni
versity settlement work and other
charitable movements, and a strong
supporter of the. Young Mems Chris
tan association. Altogether there is
no more competent o. promising
young business man in the United
States, and he works more than eight
hours a day.
Young Rockefeller is also a college
man, a graduate of Brown university
of vigorous constitution, industrious
habits. religious tendencies and al
ambition to succeed his father as chic.
s dictator of the Standard Oil company
His wife, the daughter of Senator
woman of refined tastes, quiet habits
and entirely without social ambitions
Everybody knows that young Rookie
: Teller is heir to the largest fortune
t in the world, and his annual income
. will be counted by the millions. II
, fact. the Rockefeller family have 81
much money that actually they d
| not know what to do with it, and witt
t their connections. can command a lar
t ger amount of spot cash than an.
of the %inanciers of the world.
On one occasion, when there wa,
a furry in Wall street, a certain firm
of brokers found themselves in a
tight cocrner. They had several i'm
portant customers out of town ant
beyond reach, who carried on ma1
t stock which was then being attacked
in a desperate manner by the bea
interests on the stock exchange, an;
/, the banks which held the certificate