John D. Rockefeller：Random Reminiscences of Men and Events, Excerpt 44

These experiences with my father remind me that in the early days there was often much discussion as to what should be paid for the use of money. Many people protested that the rate of 10 per cent. was outrageous, and none but a wicked man would exact such a charge. I was accustomed to argue that money was worth what it would bring--no one would pay 10 per cent., or 5 per cent., or 8 per cent. unless the borrower believed that at this rate it was profitable to employ it. As I was always the borrower at that time, I certainly did not argue for paying more than was necessary.

Source： https://www.gutenberg.org/ebooks/17090
Locator：Chapter II, excerpt 44 · Verified：2026-10-19 · Verification：Short excerpt

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