Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1907-08-13
Loss Following Trust BustinS
Craze Falls on Moderately
Well to Do and Struggling
Working Man,
SAVINGS OF THOUSANDS
IN CORPORATE VENTURES
MuItimiIIionaire Declares Few
Lines of Business Can Suffer
Dull Times Without Direct
Loss to Himself.
Copyright. 1907. by the Cleveland
Plaindealer..)

Cleveland, Aug 12.-Iohn u. Rock
efeller. In discussing the recent speech
resulting from the persecution throug !
declared that the wealth Of the coun-
try was so widely distributed that II
was really IN the hands of the mod
erately well TO do class, today said
'fThey can hardly accuse Judge
Grosscup OF Partially to corporations
or railroads; he has shown very We 4
indeed how widespread Is the damage
resulting from the persecution.
prejudice of tha country's transporta-
ton lines. The same applies i
thoughtless attacks on other lines OF
industry. II is worse than thoughtless
to say offhand that the wealth and
industries of the country are In the
hands of a few rich men who alone
VIII suffer There is a direct loss 20
thousands of people who have invested
small savings IN these enterprises, an
the indirect result reaches still other
thousands who depend, in one way or
another upon the resources of every In
dustry. The business of the country 9I
interviewer until II is something like
the circulation OF the blood in th"
body. An injury or an operation at
one point shocks and weakens the
Whole"
Retiring to the financial situation,
Mr.. Rockefeller said:
"Who is more Interested in the ma
terial prosperity Of this country than
| am?"
MY eggs are not all in one bas-
ket by any means. a good deal o +
nonsense Is printed every now and |
then about my having captured all /
the railroads OF the country or having /
this or that The truth !
Is that | figure as an investor and
stockholder rather than as a proprie'
tor. But any depression Is likely -
mean a loss of values to me. The gro
,ery man may not feel IL If the coal
business is bad or the wheat growers
suffer If the railroads lose. but the
nan with wider interests feels every
phase Of depression. | do not meal
hat / am in the grocery or coal ar
wheat business, but ! am rsing these
rs illustrations. II Is "a fact tha'
hardly any sort of business can ex-
lerience dun times without loss TO
ne II would be plain. then, that I
lave the best right TO be- anxious for
rood times all around Would | per-
nit then. any harm 60 come to any
me OF business u ! could h"lp y
am harhessed 10 carr =" "h'c1 1
ne people rae c"ntihueu Mr'
rockefeller whether ! IKE u or =
lot' must work TOT me rest. oaH
ot eVade thls responsibility u ! ""u'u /
But | do not complain of this am
'llllhg TO draw my snare "I the lodi I
IS long as am able. Il
The hrst step ! TOOK ne SAID
meant oblging myself To working q
or employmenmeht ana investors VINO a
ut In their money looked to me Tor I
nen VINO hencetorWard looked 1" me /
or results. AZ every step the load q
'as heavier. The working men mum .
cred few score at hrst and then q h
ew hundred. then thousands. Ih"i !
'as "a similar increase 10 the number n
{ investors who could h"ld me 20 ac-
cunt While ! worked Tor mNselI =
had 10 work for them whether or +,
o. Today retired from active bus- :
less. retired, that is' from busihes
'r myself the capital have lnNesi' .
.akes work for thousands ana opens :,
ppOrtunities for thousands oi others :
place their savings prohtably- No
AN with savings can escape this re- -
possibility or loosen this yoke ifom ~
IS neck ~
We are servants ana not masters =
e who are or who have been en- !