The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1905-09-24
HAS TEN THOUSAND
DOLLARS AN HOUR
Rockefeller, Modern Midas,
Can't Lose.
NO CHANCE TO GO BROKE
Richest Man in All the World.
Twenty five Millions q
Year.

NEW YORK. Sept 2s-An authorita-
tive denial of the published statement
that John d. Rockefeller now holds no
securities outside of the Standard Oil
certificates is made by a Wall Street
authority.
The publication asserts that the
Standard OIL Millionaire holds so many
securities that he requires one of the
largest compartments of the Standard
Safe Deposit Company, and that even
this compartment contains only small
percentage of Mr. RockefeIIer's vast
wealth.
John ID. Rockefeller is the richest man
In the world. The value of the securi-
ties he holds IS greater than the hold
ings of any other individual in the
world.
He is represented on the boards of
more than 1Z5 corporations.
Half From Standard
His income within the last eight
years. according to this Wall Street
: publication. has exceeded 500. .00o, 600.
/; Half OF this vast sum he received in
J dividends from the Standard Oh Com
pany. The rest came from corpora
, tions in which he is interested
/ Every time Mr. Rockefeller draws
4 81, 600 coo Of his income. which is some
/ thing less than twice month. it means
! that the reinvestment of that sum will
swell his income for the next month.
The most moderate estimate gives
him AN income of S25.0Oo.0o0 year, and
this is constantly growing. The most
extravacant man in the world could not
spend such a sum every year
I Mr. Rockefeller is frugal. not to say
parsimonious. He spends less each
i year than many men whose incomes are
not high up in the thousands.
Works Overtime
On this low estimate. Mr.. Rockefeller
: receives S4s075O week. Every day mis-
fortune is increased by sSG125 On thS
basis of an eight-hour day he would re-
ceive Si0015 an hour
But Mr.. RockefelIer's money work:
overtime II is never idle. 1t is con
stantly adding unto itself The owner
Of this vast wealth could not impover
ish himself He is the modern Midas
Mr.. Rockefeller has virtually giver
up .tctive participation in the busines:
OF al the great concerns in which he /,
interested. except Standard Oil Tina
is his own creatsIre, and he guides 1
still.
| Forest Hill. Mr.. Rockefeller CleVeIan'
iestate. has been more In the public ev'
this summer. than heretofore F1rs
there was DR.. Har"er's visit there. and
on account OF the physical condition q
the noted college president. everyon
turned TO Forest Hill TO learn whethe
he was improving or failing
Then there. was the visit of the Ameri
can press humorists 10 this vast estat
and their. generous reception BY tn
Standard OIL magnate. This visit wa
regarded even by the humOrists them
selves with some surprise. They Ill
not realize that Mr.. Rockefeller had an
, part!cularslove for press humorists.
Had Good Time.
J Mr. Rockefeller. however has sine
remarked upon the good time whic
they spent together and Of how he CT
ioyed their visit. The aumorists hav
signified their satisfaction in lengtG
. letter or thanks from the secretary
Like the new home which Nh Rocl-s
feller IL building on the Hudson hi
Continued on Second Page)
Times Want Ads Bring Results.