The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1904-03-02
"MULTIPLIERS OF MILLIONS
Are Rockefeller, Field and CLARK.
St. Louis Republic.

New York, Feb. 20.-One thousand
million dollars is the, estimate Of the
fortune Of John D. Rockefc.ler, aud
this vast sum is multiplying SO rapid
ly that even Marshall Field, OF Chi
oago, himself perhaps the fourth rich
est man in the United States, and
whose fortune amounts 10 about q
quarter of billion dollars, remarked
not long since that it was useless to
talk Of getting rich because Rcckefel-
ler and few others "havo all the
money in the world"
Mr. Field'e remark calls attention
&c tbs. rapidity with which the Rookie
feller millions are accommodating.
John D. Rockefeller today is bill
lionaire-the only one. His wealth
increases so fast that he has difficulty
in reinvesting it. Like the whirlpool
at Niagara, it comes in continuous
downpour-a Niagara Of gold-bu, in
stead Of seeking its own outlet, the
billionaire's time is occupied in find
ing channels in which it may be en-
ployed.
Entire railway systems, or enough
to secure dominating voice in their
management, have been purchased in
an endeavor to keep these funds in
circulation. Rockefeller is now a
power in nearly every railroad in this
country, including the Chicago, Mil
waukee and:St. Paul; Delaware, Lack
awanna and Western; New York Cen
tral; Pennsylvania; Union Pacific;
Northern Securities Company; Mis-
souri, Pacific; Wabash and Missouri;
Kansas and Texas. He is said to be
the dominant factor in the last three
named; although the Goulds control
the management Of the Missouri Paci.
foand Wabash.
In Colorado Fuel, and Iron, in
which he invested heavily quite re-
Gently, his will is absolute; in United
States Steelshis will is law; in Anal
gamatedsCopper he is dictator, and in
Standard Oil, the parent of all trusts,
which is the pride of his heart-he is
at least a two-fifths owner,
Mr.. Rockefeller receives in divi-
dends from the Standard Oil not less
than $40, 100000 annually. He also
eontrels The Ns:;ols, City Bank Of
New York, the largest banking insti-
tuition in the United States, and is q
stoekholder i'm sbanks throughout the
country.
AS to his income from all sources,
some students place isj at $50, ,O0O, 900,
but thieis conservative. Theintsrest
on q abillion dollars Of 5 per cent
would amount to this much. It has
been established pretty definitely that
his fortune even exceeds this enor-
Elous amount; any one who knows she
Rockefeller methods Of doing business
knows also that he would not be satis-
fed with beggarly 5 per cent, par
ticularly when Standard Oil pays very
nearly 30 per cent on his Investment.
But even admitting that s per cent
is all that he receives, this, without
compoundiDg, in ten years would enrni
Tor itself $500, 600, 600. These figures
may appall, but even they do not tell
the story. 4. .39
Mr.. Rockefeller is the most capable
money. maker the world has ever
known. When other men make rea-
sonable. profits, he sees opportunities
and seizes them, to make colossal
profits. Tnezs ia 40 doubt that his
gain in wealth during the last ave
years has outrnn any preeef ing ex-
periencei in the history II, the world,
andwh,,re il will stop is an INTEREST,"
ing speculation for other than fnan-
cial reasSs
5$ The Rockefeller millions are not in
che same GLASS with Others fortunes.
Whenever the Rockefeller l;nterests',, /,
see q chance to maksa scientific in
svestment- to add $40, 900, 600 OF $I0O, p
1000, 600 10 their poHer!it is taken adj.
Vantage Of The other great ssinter-
Sests therefore, stand ID fear. i.Is s!l' Il
s3 The .Astors have shown generation
after generation u senasseul 5onssfv-
ing faculty. They have real state,
which increases and fisS stable. But 81
q has. .na AZ + III 81 ~ a s, i . "A