The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-03-21
TRIBUTE TO ROCKEFELLER.
How New York Contributes 10 His
"S2, ZOO. 900 n Month"
From the New York World.


From the New York World.
Day by day, year by year, the infiu-
ence of John d. Rockefeller, with the
millions of dollars of capital that he
controls, is gradually but surely in
creasing. 1t is easily discernible that
before long he will absolutely dominate
not alone the lighting situation of New
York city, for he does that already,
but also the rapid transit interests and
many of the largest banking and
financial institutions of Greater New
York.
As his wealth increases and his vast
income is steadily augmented Mr..
Rockefeller surely but firmly reaches
| out in new directions, acquires inter
| ests in new enterprises entirely foreign
| to Standard Oil or illuminating gas,
and still further intrenches himself IN
position of power, so far as the af-
fairs of the metropolis are concerned,
unequaled by any other man in the
community.
AS an instance of the vast power
welded by Mr.. Rockefeller in New
| York ii is only necessary to point to a
| list of the corporations in which he
| holds a controlling interest In the
matter of illuminants alone Mr.. Rookie
| Teller eXacts tribute from every inhab-
| liant of the city on every gallon of
kerosene oil consumed, every cubic foot
of gas and every volt of electricity
| used.
Standard Oil is, of course, the great
est source of the Rockefeller wealth
and the greatest contributor to his es-
| timated income of more than $4,000, 900
month. But he also controls the
| Consolidated Gas Company. the Brook
| Ign Union Gas Company the Standard
| Gas Company, the Mutual Gas Com
pany, the Mount Morris Electric
Light Company. the Kings County
Electric Light and Power Company
the Edison Illuminating Company. the
New Amsterdam Gas Company, the
| Richmond Light and Power Com
pany and the New York Gas and Elec-
trio Light, Power and Heat Company.
Mr.. Rockefeller is also the controH-
| ing factor in the National Transit
| Company, owning the Union Pipe Line
and the Union Tank Line, the New
York Transit Company and the light
erage business in connection with 1t at
| the port of New York, and which in
turn furnishes employment for vast
| number of men in this city.
Incidentally Mr. Rockefeller has
enormous interests and big refineries
at Constable Hook and Long Island
City, including a line of tank steamers
This by no means is the limit of
Mr.. Rockefeller's influence and indus
try in New York. His interests in
local traction systems are far greater
than are popularity supposed and there
are few nickels handed to the con-
ductors of the surface or elevated
roads that do not furnish q moiety to
his princely income.
His holdings n tho Lrla
waited, in marlborough Rapid Transit,
the Belmont Company, the Harlem
River and Port Chester Railroad, and
in the Staten Island system of troll
leys are extensive, and there are good
reasons for believing that he has been
gradually securing comfortable inter
est in Brooklyn Rapid Transit. At any
rate, he is credited with having die
tated the elections of both Jacob L.
Greatsinger and Edwin w. Winter, the
two most recent presidents of that sys-
tenn.
OF steam railroads entering New
York the only one in which Mr.. Rookie
Teller has any great interest is the
New York, New Haven and Hartford
His holdings in roads that do not reach
New York-St. Paul, Missouri Pacific,
the Missouri, Kansas and Texas, Iron
Mountain and many of the roads
NldSSCI cAS bOuiO plOPNi Sito Af1i Sc
He is also one of the largest indi-
vidual stockholders in the United
States Steel Corporation, but these
latter corporations, of course, cannot
be classified as local institutions, or as
having any direct bearing on the we'll
being of the New York community.
In local banking institutions and
trust companies John d. Rockefeller
is a conspicuous figure. Several of the
best known banks in the city have
come to be known as Standard Oil
banks, chief of them being the Ma
tional City Bank. The others include
the Second National, the Hanover Ma
tional, the Lincoln Bank. the Leather
Manufacturers National Bank, the
United States Trust Company and the
Farmers Loan and Trust Company.
While not controlling it Mr.. Rockefell-
or has a considerable interest in the
Mutual Life Insurance Company.
This, in brief. outlines Mr.. Rookie
feller's local interests, and 1t can read
lily be seen that he is an enormously
important factor in the success and
well-being of the greater city. Ami
mated by desire to dominate the
financial and business interests of the
city, with his oil lines. his steamship
lines and his railroad lines, Mr. Rookie
Teller stands pre-eminent among the
captains of industry whose interests
affect New York.