The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-05-23

over sixty corporations. while John ID
Rockcfelief, whose power is so much
greater thaE 81 cannot be compared with
tilat Of Chauncey H. DepeW. IS che direc-
tor Of only three. He IS the president Of
the Standard OH company bat has not
visited the offices of the company once in
the last i've years lie does most of ms
MpfA through secretaries, of which he em-
Dloys nine He does very little CORES
pondence over his own name. Nearly all
OF MS letters are signed by one or the
rs and tastes of Rockefeller, as well as
his business methods have for their
IouAdation policy secrecy. lie reads a
gfeat zeal and PLAYS golf part of each
DAY for he firmly believes that this rec
reatiQn saved mis- life He PLAYS golf Of
course on private links. lie recently
bought the links au Lakewood, including
Iiie new club house. on these links Alr.
R0ckcIeiier plays golf alone. He lives
most SIMPLY DISSEMINATION ana eEtr0Fa-
gance are abhorrent to him His life by
ordinary standards would be termed
lonely existence.
lie is deeply religious, according to his
peleEs. Those who know him say tnat
his rellgious fervor is sincere. They rio1-
cuie the idea that his interest in TeligiOn
IS Tor the purpose of affecting the public.
i ne ldea or impressing the public Us ut
teriy foreign to his nature Mr.. Rookie
Teller cares nothing for yachting or tray-
cling He IS charitable. but as in gen
crafty known Ia colby scientific way.
Not cent is ever wasted. and he seldom
gives a dollar unless dollar IS raised by
others who are interested i'm the same
educational or charitable enterprise.
ms = tne man VINO Wields power
greater than even that Of the president OF
the United States. He has never taken
any Ouen part IN politics. bot he can
easily have ans bin that Inc wants passed
by congress. lie has his own representa-
uNes in the senate and i'm the house OF
repreSeutatiVes- He is not "a director OF
a single bank in the country, bat not
single important financial transaction as
carried Out in any section of the country
of which he does uOt know every detail.
financier who is ou intimate terms
officials said 10 the writer the other day:
The Standard oil company Is the most
perfect organization ia the world. lts
force is felt iH every important town and
city In this country It controls hundreds
of banks. aud it practically dominates the
railroad industry Of the entire country.
standard Oil company that john D. Rock
efeltcr is ON the inside of the financial
operations OF the moneyed institutions Of
New York, Cleveland. Chicago Baltimore.
Pittsburg Boston, Kansas CITY and New
Orleans. He has the means of finding
out the bank balances Of every man in
the country who amounts to anything. No
loan OF Importance can be negotiated in
any of the cities i have mentioned with
out all OF the details, the name of the Dor
rover, the character of the collateral etc.
Information IS Rockefeller most power
ful weapon. Mr.. Rockefeller knows4 how
much available cash every important cap
itdlist in the country controls Every one
knows that he is the wealthiest individual
IN the world, but ] believe that few peo-
Die really appreciate the enormous power
he possesses He unuuestioua bly, has the
greatest genius for money making the
world has ever seem
fHow much John ID. Rockefeller is worth
is known only TO himself. He is certainly
worth $500 $4,000 and may be worth
$l.O0O09,0OQ The wealth of a muiti-miI-
hepaire is almost always Overestimated.
Tt Is the opinion of conservative wall
street bankers, hOWeter.r that ROckefel-
Ter wealth is If anything. largely under
estimated. His S50O00000 of Standard Oil
stock is alone worth at the present mar
ket value $4,000. coo For The last ten
years this stock has been paving him in
dividends between s20&G0.030 and S25.O00O
"a year. This would make between 500. %
e1t99 and SZ58C0.o09 in dividends which
ne has received from his Standard Oil
stock alone during the last ten wears
rms money has been invested and ma
nlpQiated IN such way thar Wall street
oankers are convinced that e has doubled
Pc not tFebled. Rockefeller is also a large
noider of the stock Of the United states
steel corporation ~ hen that company
was organized he was given S800G00aG In
common and preferred stock for his Lake