The Dillon herald. [volume] (Dillon, S.C.) 1894-????, 1910-09-08
TAe Son of J. Pierpont-He Has
Already Had A Most Success
full Career-JOhn ID. Rork-
feller, Jr., A Distributor
OF Fathers Wealth.

feller, Jr., A Distributor
Of Fathers Wealth.
That most Of the great fortunes
built up by our leading American
financiers will be administered with
ability by the sons OF the makers
of the fortunes, appears 20 be
firm belief of the busine ss world.
Notwithstanding the aGage that lit
is only three generations from shirt
sleeves to shirt sleeves in America"
and the fact that sometimes it axes
as much talent to keep money as
~ get it, there are many examples
the son following the path of the
NSer, with even greater success.
In general, the worldly wise ones OF
Wall street hold financial ability
is inherited. AS they see IT, except
in the case of philanthropist like
Carnegie or Rockefeller, the tre-
nendous power OF money to gather
money, when shrewdly used. seems
likely to so on indefinitely under
conditions like those ii the present
day.
Foremost among TIE younger III
nanciers is J PierpoTJ Morgan. il,
who is now forty three years Old.
He is the only son OF his diStin-
suished father. and is u graduate OF
Harvard university. He strongly
resembles the elder Morgau i'll looks
ana charaCterics. particularly liz
his short manner OF speech. His
NAME is enrolled in the directories
"oi many great corporations. and IL
is 4 member OF his fathers house
Of J. ?. Morgan & CO. When the
elder MIR. Morgan is in this country
his son runs things at the London
office OF the house: when the faith
er turns his attention 70 LoLdon.
the young man fits to New York.
Mr.. Morgan, Jr., began his career
in finance shortly after leaving Har-
ward, in the Boston office Of the
Morgan interests. His father put
him through severe course of
training that began in Boston and
extended through business exper-
ience in New York, Paris, and Lon /.
don. He is married and has four
children, with a fine residence in /
New York as well as one in London. |
His clubs are numerous, but he very |
seldom visits them, his chief recrea-
ton being excursions aboard his |
little thirty-foot sailboat
John D. Rockefeller, Jr., has been |,
much before the public in the last !
few months because of his retire !
ment from business to administer |
for pAilanthropic purposes the vast
fortunes of his father. the OIL mag
nate. He is now thirty-four years
old. and. like Mr.. Morgan, has sim
pie tastes.
After his graduation from Brown
university he spent several years in
business with his father, ard is cred
ated with having done some profita-
hle things in the world of finance
on his own account. Whether he
will be wholly or permanently re-
1ired from business of the ordinary
Kind seems uncertain, but in the
event that he returns to profit-seek-
ing operations he will be more like
3y to gain than to lose, for he is
shrewd and capable.
Henry II. Rogers, the son of IL man
closely associated with the elder
Rockefeller, is said to resemble his
father in business methods. His
father made him one of the exec
1rtors of his will and the eventual
= s,ossessor of $$25,0oO.OOO. So the
rhoung man, who is thirty-one years
ethd now. is already hard at work
ssrsd is taking his fathers place in
raddny ways. y
Gin He was trained for succession by
senior Mr.. Rogers. and in the
:. cottinghamte Of 1907 worked 50 |
ice cottinghahied to HIS fathers sids
hit for Baltimdhs nearly broke down.
New York. diversion Is in con-
spend several dhe National Guard.
buying goods several offices in
am Co. vents. bu. failed to
(, and Is now an aid |
|" w. Carmon. General G. M. Smith |
c.. spent sundaA First Brigade COM
his brother. Mr., Ark citv troons