Citation david rockefeller memoirs quotes

A New York State Assembly hearing revealed that Rockefeller had extracted 6,000 secret contracts from the New York Central and Hudson River Railroad and similar ones from the New-York and Erie Railroad. Finally, it all emerged in court and in legislative reports. For long the rebates and kickbacks were hidden, although widely suspected.

legislature at comparatively small expense.вЂќДЄnother Rockefeller business tactic was extorting rebates from the railroads that carried his oil, to the amazing point of getting kickbacks on oil shipped by other producers! This, of course, made it inordinately difficult for them to compete. donвЂ™t tend to cheapen it вЂ“as we are all supposed to have bushels.вЂќ He asked for вЂњ$10,000 in some turnвЂ“stocks or oil.вЂќ On another occasion, he wrote, вЂњI have arranged to kill the two bills in Md. Senator John Newlon Camden writing to RockefellerвЂ™s associate, Henry Morrison Flagler: вЂњPolitics is dearer than it used to beвЂ“and my understood connection with the Standard Oil Co. Chernow says that вЂњhe and Standard Oil entered willingly into a staggering amount of corruption,вЂќ and that вЂњhis correspondence implicates him directly in this skullduggery.вЂќ Here, for example, is U.S. As a result, transactions can be documented that once were only suspected. himself, who was careful not to put things to paper that might be used later in court. They were much less discreet than John D. Chernow has examined 20,000 pages of letters to Rockefeller from his associates. process-servers and Congressional summonses. Starting in 1879, вЂњRockefeller began a 30-year career as a fugitive from justiceвЂќвЂ“i.e. Rockefeller was a business genius, although his methods were more than rapacious. In the next decade, Standard Oil entered oil production, attaining a third of U.S. One can sum up the business side of RockefellerвЂ™s career by observing that in the early 1880вЂ™s, the Standard Oil Company refined and transported 85 percent of AmericaвЂ™s oil, used as kerosene for illumination, not only for America and Europe, but also for China, Japan and India. So perhaps his stern rigor was in reaction to his fatherвЂ™s wicked ways. Under that handle, he married a sweet 17-year-old girl, Margaret Allen, and thereafter wandered irregularly from one family to another. Big Bill soon began living a double life as вЂњDocвЂќ William Levingston. was born on July 8, 1839, in a bedroom measuring 8-by-10 feet.

The two women started having children in alternation. abstentious Eliza Davison and moved her in with his housekeeper-mistress, the beauteous Nancy Brown. He offered women berries resembling pills, warning them that abortion might result if they were pregnant, which stimulated sales. (вЂњBig BillвЂќ or вЂњDevil BillвЂќ) Rockefeller, was a flimflam artist who wandered widely, selling cancer cures and other nostrums from a cart. He abhorred drink, dancing, cards and theater. He attended Friday-evening prayer meetings and two services on Sunday. When he joined the Erie Street Baptist Mission Church in Cleveland, he helped sweep out the halls, usher worshipers to their seats and wash the windows. At 20, he gave away more than 10 percent of his income, including a gift to a black man in Cincinnati to buy his wife out of slavery. One day, Rockefeller said to an older businessman, вЂњI am bound to be richвЂ“bound to be richвЂ“ bound to be rich! вЂќДЇrom the first, he gave generously to charity, even when he had very little money himself. вЂњWork enchanted him, work liberated him, work supplied him with a new identity,вЂќ Mr. He applied unceasing energy to his affairs. At 16, he found a job as bookkeeper with a firm of merchants. I offer a lesson of history: Fanatic piety may condone evil means.ДЄs a boy, Rockefeller was taught in a one-room country schoolhouse. All the way through the book, he chews at the problem. Rockefeller Sr.вЂ™s lifeвЂ“personal, business, philanthropicвЂ“and remains puzzled by this inconsistency. How could this pious man, who invented modern institutional philanthropy and lived according to the strictest rules of church attendance, abstinence, hard work and charitable giving, at the same time have conducted his business affairs with utter ruthlessness? Ron ChernowвЂ™s fascinating biography explores all three sides of John D.

Citation david rockefeller memoirs quotes