The labor world. [volume] (Duluth, Minn.) 1896-current, 1907-01-19

learned Of their xat4oua uu alittes
from. a gentleman, III California who
ate no meat but lived sntarely upon
vegetables and nuts.
But you want ma 10 tn YOU what
hope to see in this saosnHxNin 1907"
Mr.. Rockefeller paus a min
ute or so. He sat his hand
clasped in characteristi6A ktltude. and
while John" was hsAptne the plates
with roast veal, baked s1nash French
peas and laying q salad at
each plate, Mr.. Rockefs psgan the
remarkable statement. purport Of
which is quoted above.
Things used to beEy@s dieferent in
this country" he Said
Under tho Old stss.
"Under the old system joaned in
terest with B in a pAs4sarsi,ip for
mutual benefit: son6 ass these
partnerships continued rssable and
profitable. but frequentl they did not
endure very long. In old days
competition was sewers sasad there was
much unnecessary. wass ot material
and effort. .*$.zsss.:
After a while 1t becA44& apparent
to thoughtful business that the
best way to accomplish economic
system Of business was consolidate
interests. For years interests
have been OBSERVATION-DISCLOSURES we have
our great corporationsst the result.
Sometimes I look upon the
times in Cleveland. Whsf was start
hat
my first employer in llnd used
to get 81 ton for ,freiB ore from
the Marquette country Great
Lakes to Cleveland. No1ne plain
ed about rates at that tss.s
But later. when ! associated
with a party of gentle who had
consolidated these intefSSts,sand we
were shipping ore over l1aSs1me route
from Marquette to clsysland, for SO
cents ton, was called a wicked
monopolist."
Mr.. rockefeller ,auxl nsIsily at
this term. ssss'
But you see what TIN sconsoitdatto
Of interests had aocom They
used to think that with a
thousand tons capacity large
enough for the purposS terE the
consolidation Of interes5 when
economists were strictly we
realized that 1,000-toI were
wasteful and we enlarxs hips to
1000 tons, 5000 tons. kons, g.
900 tons. and the on today. I
am told, carry as g n 3 I tons y
Of ore. .ss3S
Favors co-opera 4
American corporal lone
much good for the pes 40
serious mistake .tosS
them down and; return -
which made b,istns Is.
y
estabaishAd budins saseS he be.. nc my
recoll ectiof1s servessne col rsctly, be-
tween 70 ana rs pr cent. That 1aas
been greatly reduced. Failures are
very few these days. @sas:'s r .
1.-The prosperity that we have been
enjoying is due to the strict economy
and wise Judgment Of our business
men. think that the lower section
Of New York (the financial district)
holds some Of the finest men Of the
world. AS a class they are intelligent,
we'll educated men. with fine sense Of
honor and integrity. There are ex-
ceptlons, Of course, but I have found
most Of these men as true as steel.
1T is great fact that, in these days
of vast wealth, when men can acquire
large fortunes, they are not spoiled by
1t. These men go on working, many
Of them dying in harness. They do
not foolishly squander their money, or
live high, or ruin themselves in ex-
cess. They continue to live simply
and work hard, and perform the hon.
est duties Of honest men.
my, sometimes I lie in bed and
think back Of the good men I have
been associated with in my life.
There is Colonel Payne, who is now
81 years old; Mr.. H. M. Flagler, now
II years old, just ten years older than
1 am, and my brother, William, who
is 66 years old.
"Only four of US left" he went on,
land isn't it strange that our bust
ness Is now being administered by
our antagonists In trade. Yes, they
US, d11u 1OuSA "eAAy anu
now they are running our business for
u.s." and he chuckled merrily
Advice to Young Mon.
"Why, the office boys Of the old days
are now conducting departments Of
our business They have grown up in
it, and they are part Of it.
my advice to a young man at tho
opening Of this year is to go straight
ahead and do the best you can to
make a success for yourself and keep
happy and comfortable those who de-
pend upon you. If you make mistakes,
remember that it Is human to err, but
try again and try harder. Above all
things be honest, honest with your
self and with those with whom you
deal. If you fail at the end you will
at least have q clear conscience.
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