The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-01-31


with pick and powder drawn from the
farms with pillow and pruning. hook.
turned out by the factories yitb loofa
or lathss or made in any way wfatso-
ever.
OF actual money IN the United States
there IS less than s.. eco 00e. 600 today
Figuring on the present rate of the
kOckefelleF income, II Dir. Rockefeller
simply sat back IN his chair, or followed
white balls over golf links and permit
ted the money which comes 10 him 70
accumulate, some forty-six years ooule
see every penny Of this So goo 900 poe
credited 10 his bank accounts, Az he
would put INFO circulation again by
benefaetions toEhiesgo AMI Other nnis
veTsitiesi all he weald spend in keeping
up his tablishmsnts would not be
drop in an ocean 50 far as keeping the
funds OF Uncle sam IL circulation was
concerned. Things would go back 70
state of barter, where II was hind
quarter of pork for 81 measure of w
ground wheat. If. indeed, the social sSS-
tenn hung together 50 long under tie
strain. And 50 II is that Mr.. Rockefei-
Ter personally and through his lieuten-
ants must find investments for the
profits which pour in upon him
He owns, il iScsaid By persons VINO
should know. 10.00o grocery stores in tho
per cent of the stock Of the STANDARD
Oil company and practically all the
stock of eighty subsidiary companies.
From the Standard OIL company of New
Jersey the Rockefeller income is from
So, 00Q Goa to $2s.00Q, 600 a year. Of ibis
amount the personal share Of John D
is from Sf5,0o0,o00 TO $4,000 GOO.
Rockefeller owns so much Of the New
York Central that he could take abso-
Lutte control and turn the Yanderbilts
out tomorrow if he so desired. he
owns huge blocks Of Pennsylvania,
Lake shore. Chicago & Northwestern,
St. Paul, Union Pacific. Northern Pa
cific. Chicago. Burlington & Quincy
Wisconsin Central. Rock island. Atchi-
son, Topeka & santa F'e, Missouri, KAN
sas & Texas; in fact, of every railroad
Of any consequence in the United
States.
The Rockefeller income is 50 large
that he could out Of it buy control or
one Of the great systems like the Union
Pacific every year ana never touch 4
penny of his principal.
Mr.. RoekefeIler's gifts TO Chicago
university and to other institutions are
estimated in round numbers at $50. 009.-
600, less than half of his income for
one year at its present rate. The great
er number of the gifts other than those
TO the Chicago university have been
made conditional upon the recipient OBJ
tanning an equal amount from other
sources, OF his gifts to relatives IN
RichfoFd. n. Y. which place MT. Rock
efeller has thanked God he left, only
two are known. One was $50 TO g mem
Der OF the family who was in straits
and asked for help. The other was q
suit Of evening clothes which Mr.. Rock
efeIler himself had worn until they had
lost all appearance OF freshness.
Mr.. Reader, Mrs. Reader or Miss
Reader. what would you do if you saw
a golden river like RoekefelleT's pour
ing upon you, threatening to sweep you
away. TO drown you? Suppose you
could spend S1eo, 900 year in living
and that would satisfy the demands Of
the major portion Of the persons IN the
United Statee-What would you DO WITH
the other $4,000. 600? Particularly what
would yeu do II you confined yourself
as Mr. Rockefeller does to investments
that give a sure return? Could you
find enough railroads, grocery stores,
mines, shipping lines and real estate
to absorb that amount of money :
Could you learn euoughNabout all these
concerns to know which are safe ana
which are not, to be able to tell which
would make money If you invested IN
them and they were properly handled
Think what il means TO ind place Tor
that wealth in a year, and not only one
year but year after year, and with the
increase in profits that the added in-
vestment must bring. Suppose you
bought a railroad a week for d year,
what would you do for railroad invest
Hents after you had bought UP all the
lines? What after you had bought al
the grocer. stores?
E2or1r.4r14or. has turned cs1 into cold
he has turned iron into gold, lead into
gold. copper into gold, locomotives and
ships into gold. Could Midas of the
Golden Touch have doAe all these
things? He would have worn the ends
of mis- fingers before he got well start
ed. Beside Rockefeller the fable6
Croesus was a pauper. and CagIiastre
and the other great aichemists were
charlatsns and mountebanks. Not sat
isfied with the wonderful changes he
has made, he IS now about TO turn the
water of the steel trusts stock int
gold. The process already is uudel
way, for Rockefeller interests outvoteC
Morgan interests at the last meeting o.
the United States Steel corporation.
Wonderful mansthaf Mr.. Rockefellei
IS, few men in Wall street know him
not more than half a dozen with an!
degree Of intimacy. Clean shaven,
little bsggy about the iowIs. tTif'
stopped about the shoulders, smooth
voiced, pleasant hammered. a man witt
q fOndness for music, such is the maj
with the greatest problem of the age
hanging about hun, the problem Of how
to turn into new channels the wealth
that rolls upon him, channels that vii
guide back 70 him the yellow curren
r they contain and the increment gath
? cred in the fiow.-SNey York Press.