The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1907-10-17

1880. ~
ley came out Of the west fully capari-
soned to ride over Standard Oil OBJ
stacles Mr.. Archbold changed front
and answered questions without eva
sion. His candor amazed the world.
for candor was not up to that date a
quality supposed to adhere to any
Standard OH official, much less to the
active head of the concern. This may
be accounted for by the fact that the
swift accretion Of events and develop
ments had given Standard 0ii the
function to see great light-the great
white light of inevitable publicity. No
doubt Mr.. Archbold had fought out
the problem in his own brainy head
and in conference with those august
and secret committees which control
the side issues of the old business and
had deemed it wise to accept the in
evitable, to put on a bold front and
admit facts which were sure to be
proved .,..
Mr.. Archbold was the first Of the
Standard Oil men high in authority to
suggest federal incorporation and COM
plete surrender to the national gov
eminent as a solution CT the corpora.
ton problem, just as he was the first
to tell of the inner workings Of the
trust and Of Mr.. Rockefellers retire
ment from active connection.
II believe that the large corpora.
tons Of the present day." he once re-
marked, represent more nearly a co,
operative evolution and a benevolent
paternalism than any other system yet
undertaken. Possibly there may be
accomplished in the eventual evolu.
ton of the race universal cooperation
or community Of living, but the &C
complishment Of such a dream is SO
far in the future as to put it out of
the question for serious consideration
in this era.'
From which it is seen that Mr.. Arch
bold is something Of Socialist him
self, his theories to be applied some
millions Of years hence, when the
earth will burn canned daylight fol-
nocturnal illumination and perpetual
motion machines will require no axle
grease or other Standard Oil lubri.
cant.
His Pet College.
Like the other John D., this one has
a pet college. Syracuse university is
the institution. Mr.. Archbold has Civ
en- approximately $1,OOO,OOO to this
university, the head Of which is Chan
cellor James r. Day. It will be re-
membered that not long ago Chancellor
Day announced forthcoming book ii
support of corporations as opposed tt
the presidents trust busting crusade
Rev. DR.. Day used to be pastor of Mr.
Archbold's church in New York. Wher
the eminent Methodist divine declined
a bishopric, the ambition Of his life, t
continue at the head of Syracuse uni
versity his former parishioner was SC
happy that he contributed sundry adj
ditional shekels to the institution. The
contributions Of Mr.. Archbold have
been made without flourish, and it was
only recently that the facts became
generally known.
University Of Chicago boys have q
college song beginning, "Praise John
from whom oil blessings fow." SYRIA
cuse university boys, not to be out
done, considering that they also have
John D. oil patron, sing a glee OF
which this is the initial stanza:
We have a Standard OIL pipe running up
to John Grouse Hail.
And a gusher in the stadium will be flow
ing full next fall.
We need the money, Mr.. Archbold,
We need it right away.
It's the biggest ad. we've had
Since the bulldog went away.
It may be explained that executive
decree not long ago banished the bull
dogs owned by Syracuse students and
that one of Mr.. Archbold's latest gifts
to the university is a splendid stadium
The fine athletic field on the campus is
called Archbold field, being an oil Of
fering. Mr.. Archbold is president OF
the board of trustees of Syracuse uni
versity.
Member of Many Clubs.
Outside Of his oil interests and his