Career · Entrepreneur memoirs

John D. Rockefeller:Random Reminiscences of Men and Events, Excerpt 37

John D. Rockefeller《Random Reminiscences of Men and Events》· Chapter II · Leadership

At that time, 10 per cent. a year interest was a very common rate for such loans. At the banks the rate might not have been quite so high; but of course the financial institutions could not supply all the demands, so there was much private borrowing at high figures. As I needed this money for the partnership, I gladly accepted my father's offer, and so began business as the junior partner of the new firm, which was called Clark & Rockefeller.

Source: https://www.gutenberg.org/ebooks/17090
Locator:Chapter II, excerpt 37 · Verified:2026-10-19 · Verification:Short excerpt

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