Sistersville daily oil review. [volume] (Sistersville, W. Va.) 1902-1905, 1904-04-22
AMAZING INCOME
Of Rockefeller-Facts and Fig
ures To Make You Gasp.

est man in the world, whether rul-
ing sovereign or private citizen,
has set January next as a definite
date for retiring from active, par
ticipation in business affairs. He
will then have reached his sixty
sixth year, and he has privately
Informed the members of his bus
mess cabinet that from that date
hi successor will be his only son,
John D. Rockefeller, Jr.
In the quiet way in which all
his business matters have been
arranged during the quarter cen
tufy he has been an international
factor in commerce, finance and
industry, the details of a relin-
quishment of active control over
the most stupendous private bus
mess in the world have been per,
fected.
Mr.. Rockefeller has retired
from all but three boards of man
agement, and these are such as do
not require personal attendance
or care. His cabinet Of advisers
have been so rounded out that ev-
every detail of his work may be
carried forward without friction
with his son as the final arbiter
in all matters of executive admin
istration. =
With four years on the right
side of the scriptural age line Of
three score and ten, Mr.. Rookie
teller will devote his time to
health-giving pursuits, the pas
time of golf playing leading in
the itinerary, and to perfecting
certain great plans he has in view
relating to educational aids.
Mr.. Rockefeller's greatest care
after he turns over to his son his
big private office at 26 Broadway,
where for years he has welded
power greater in a financial way
than any other one man ever had,
will be how to spend his income.
1t is problem to this unosten-
tatious man of millions greater
than many people may appreciate,
what to do with the money cease
lessly coming to his treasury from
his $5O0,OOO,O00 Of proftably in
vested capital. He abhors dis
play and ostentation, and has no
costly fads. He never spends
money for the mere pleasure of
spending it, and throughout his
life has been conspicuously an
example of sane living in an age
where extremes were the rage.
An intimate friend Of MIR.
Rockefeller, business associate
whose relations are closer than
those of the formers business cab
met. said this concerning his year.
ly income:
"Mr. Rockefeller's wealth is so
great that no one may know ac-
curately what his income is. Ii
YOU should fix the sum total at
$36.0O0,000 a year it would be as
accurate an estimate as could be
made by even Mr.. Rockefeller
himself, unless he should stop to
sum up.
STANDARD oil alone pays him
from $16,00O,000 to $20,0OO,OOO a
year as his share Of it's dividends,
while his income from railroads,
fractions, mines, lighting, water,
banking and a hundred other
sources easily exceeds that from
the greatest money-making ma
chine man ever fashioned-the
Standard Oil company
Accepting this authority and
making $36,OO0,000 the income
which the retiring multi-milliOn-
aire must find some way to dis
pose of every twelve months, will
show Mr.. Rockefeller's task no
easy one.
Suppose the United States gov
eminent were called upon to pay
Mr.. Rockefeller's income for just
one year. What would it mean If
it tried to pay the income from
its postal revenues for instance?
It would require the entire 1902
receipts of these great postoffices: :
Chicago $S,576,400, Philadelphia
$4,151, 800, Boston $3,6OS,OOO, st.
Louis $2,4OS,700, Cincinnati ST.
$50 600. Baltimore $1.329, 900,