John D. Rockefeller：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 and water would not have mixed); nor in all these years has any one had to wait for money which the Standard owed. It has suffered from great fires and losses, but it has taken care of its affairs in such a way that it has not found it necessary to appeal to the general public to place blocks of bonds or stock; it has used no underwriting syndicates or stock-selling schemes in any form, and it has always managed to finance new oil field operations when called upon.

Source： https://www.gutenberg.org/ebooks/17090
Locator：Chapter III, excerpt 59 · Verified：2026-10-19 · Verification：Short excerpt

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