Author
John D. Rockefeller
The same voice, gathered in one place.
Random Reminiscences of Men and Events, Excerpt 59
Another thing to be remembered about this so-called "octopus" is that there has been no "water" introduced into its capital (perhaps we felt that oil…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 60
Beyond question there is a suspicion of corporations. There may be reason for such suspicion very often; for a corporation may be moral or immoral,…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 61
The dangers are that the power conferred by combination may be abused, that combinations may be formed for speculation in stocks rather than for…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 62
In the hearing of the Industrial Commission in 1899, I then said that if I were to suggest any legislation regarding industrial combinations it would…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 63
I am far from believing that this will adversely affect the individual. The great economic era we are entering will give splendid opportunity to…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 64
The great business interests will, I hope, so comport themselves that foreign capital will consider it a desirable thing to hold shares in American…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 65
I may speak thus frankly, because I am an investor in many American enterprises, but a controller of none (with one exception, and that a company…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 66
I confess I have no sympathy with the idea so often advanced that our basis of all judgments in this country is founded on money. If this were true,…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 67
In reading the newspapers, where so much is taken for granted in considering things on a money standard, I think we need some of the sense of…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 68
In my early days men acted just as they do now, no doubt. When there was anything to be done for general trade betterment, almost every man had…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 69
Then, again, we had the type of man who really never knew all the facts about his own affairs. Many of the brightest kept their books in such a way…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 70
My ideas of business are no doubt old-fashioned, but the fundamental principles do not change from generation to generation, and sometimes I think…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 71
Many men of wealth do not retire from business even when they can. They are not willing to be idle, or they have a just pride in their work and…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 72
Some of these men, however, are so absorbed in their business affairs that they hardly have time to think of anything else. If they do interest…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 73
During the years when I was just coming to man's estate, the produce business of Clark & Rockefeller went on prosperously, and in the early sixties…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 74
In 1865 the partnership was dissolved; it was decided that the cash assets should be collected and the debts paid, but this left the plant and the…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 75
I had made up my mind that I wanted to go into the oil trade, not as a special partner, but actively on a larger scale, and with Mr. Andrews wished…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 76
The story of the early history of the oil trade is too well known to bear repeating in detail. The cleansing of crude petroleum was a simple and easy…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 77
These were the problems which confronted us almost at the outset, and this great depression led to consultations with our neighbors and friends in…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 78
This enterprise, conducted by men of application and ability working hard together, soon built up unusual facilities in manufacture, in…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 79
Several years ago, when asked how our business grew to such large proportions I explained that our first organization was a partnership and afterward…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 80
We soon discovered, as the business grew, that the primary method of transporting oil in barrels could not last. The package often cost more than the…
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Leadership · Entrepreneur memoirs