The Daily Alaska empire., 1937-05-24

OI president or the sotanuaru OH SoIHpdHy Ol NeW Jersey until this dissolution went into effect.
 The end of the big trust followed by consd- erable historical comment in which its founder joined x We simply trying to compass situation" " was the MT Rockefeller gave when asked why the company first organized. But no man, no concern, forced into tine Standard oil Com pany Any such charge is false We treated the smallest and weakest of our competitors with just as much consideration the biggest and ablest.
 Our organization formed upon the principles of cooperation. conservation and service
 In his Random "Reminiscences" MT. Rockefeller said
 The conditions chaotic Cat the start of the company that most of the refiners very desrous of getting out of the business We invariably offered those who wanted to sell the option of taking cash or stock in company.
 We very much preferred to have them take the stock because dollar in those days looked large as cartwheel; but matter of business policy we found it desirable offer them the option. In most cases they were precpitate in their choice of cash They knew what a dollar would buy. but they were very skeptical in regard to the probability of recting the oil business and giving any permanent value to its shares"
 Again when the "muck-raking period was at its height MT Rockefeller said:
 "Sometimes things are said about us that are cruel and they hurt. But never despair. I believe in man and the brotherhood of man and confident everything will out for the good of all in the end have decided to say nothing, hoping that after my death the truth will gradually to the surface and that posterity will do strict justice
 After he had retired from active business MT. Rockefeller applied himself to the task of giving as zealously he had applied himself to the task of getting The spirit in which he worked is expressed in the charter of the Rockefeller Foundation-~To pro- mote the welfare of mankind in all parts of the world"
 Above all, he sought, he often said, ito solve the problem of giving money away without making paupers of those who receive it."
 He gathered about him a body of experienced ad- vsers and established group of benevolent cor poratons, chief among which the Rockefeller Foundation, the General Education Board the Rocke- feller Institute for Medical Research and the Laura Spelman Rockefeller Memorial
 T worked myself almost to nervous breakdown, groping my way without sufficient guide chart through the widening field of phanthropic en- deavor," said MT Rockefeller in explaining his meth ods. Tt forced upon to organize and plan this department upon distinct lines of progress other business affairs
 q have always ndulged the hope that I should be able to help establish efficiency in giving that wealth may be of greater to the present and future generations. If the people be educated to help 
 of the world"
 Always he felt his way, slowly and with extreme caution.
 One of the most important of the elements which go make up civilization is the progress of morality and religion MT. Rockefeller declared aa i.t.
 He proved his belief in this by giving many mill lions to various religious institutions ill this country mainly of the Baptist faith Often he declared that his association with the church the most import ant act of his life.
 And he had a simple philosophy It found ex- pression in few formal speeches but he expounded it sometimes in informal talks to young men:
 Do all the good you can. Be earnest Do not be afraid to work
 There is no feeling in the world think to be compared with self reliance Do not sacrifice that anything else.
 Do not grow old before your time Maintain an interest in life and in all living things
 Live within your means One of the swiftest to- boggans know of is for young just starting ir life to go into debt.
 'The true economy of life, have found is to dis the man who can do particular thing and then leave him to do it unhampered
 Sons of wealthy parents have not ghost of a chance compared with boys who come from the coun- try with the determination to do something in this world"