Pine Bluff daily graphic., 1903-11-06

png speculation for other than financial
reasons.
The Rockefeller millions are not in
1.-THE same class with other fortunes
Whenever the Rockefeller "interests"
f.see chance t., make scientific in
vestment-to add s10,o0o,oo0 or $780,
00o,0 to thir power it is taken adyan.
tage OF. The other great interests"
therefore. stand in fear.
The Astors have shown generation
after generation a wonderful conserv-
ling faculty. They have real estate
which Increases and is stabbed. But
1t has never. under such management
reached thousand million dollars.
/ SO, to, with the Vanderbilts The
fortunes OF these men are like little
mems fortunes grown big-that is ALL
There is no great science (only pru-
dence) shown in their management.
No great financial genius multiplJes
them.
AS for Mr.. Carnegie with his $500
100000 or so, he does not concern
himself to double 1T ouaGruple it. He
has an income of $50, 900 per day,
half of which he manages to give
away by working industriously. He
us not concerning himself about the
future of his fortune, having no sue
cessor to handle the vast sum.
Trains to Take Up the Burden.
SO. too, IL one way Gi another. a.,
the great fortunes are subject to
change or to division, or they VII
,.probaby cease 10 grow. except at a
normal rate, after the activity II some
one controlling mind ceases-all en-
cept the Rockefeller fortune.
John d. Rockefeller. j., has been
in training for years TO relieve his fa-
ther of the burden when the American
bllliOnaire decides the proper time has
arrived. To him will be left intact
the Rockefeller hoard. and having the
greatest respect and admiration for
his father. he will be guided by his
instructions.
In the discussion of the unparalleled
>poWer that Mr.. Rockefeller holds. as
shown by recent financial events. it
ought to be said that no fear has been
expressed that this power will be used
to the disadvantage of the public.
That it may be used to thwart the
schemes OF other rich men and great
pramoters-this may be taken as
granted. 1t has been used for this
purpose on more than one occasion
already, and it will continue to be so
as long as Rockefeller or his son live
nc SOAlAAuSu slump III pieces Oil
the stack exchange during the past
eighteen months has suggested the
question, has the Rockefeller fortune
been impaired by this depression
The answer is that instead of dimin-
ishing the Rockefeller millions have
really been increased.
During such times as these, the
great aggregation of cash that the
name of Rockefeller stands for can
be so used in the stock market as to
make hundreds # millions. The best
of the dividendpaying stocks are
bought at a sacrifice and held until
nominal conditions prevail, when they
are unloaded on the public, who were
obliged to part with some of their
holdings to protect securities bcught
ton margins which had become exhaust
ed, and those who, through fear that
panic was imminent sold for what
ever their stocks might fetch, rath-
er than lose ALL ~
This is selfish, but it Is the ethics
which obtains in the house of Rookie
feller, and is purely ccId-blooded bus
mess proposition, devoid of all senti-
ment. Rockefeller has the cash and
the credit, and he uses both as no
man ever born has done.
While John D. Rockefeller is rarely
seen in New York, his name is known
to the ends of the earth because cf
his vast treasure.