Quotes About Business

In December 1896, a humbled Carnegie at last consented to a sweeping deal.

Since he found numbers so clean and soothing in their simplicity, he applied the business principles of Hewitt and Tuttle to his own personal economy.

The object of so tying up these securities is that J.P. Morgan & Co. may be assured of the control of the business for a given period of years

What Rockefeller had accomplished in oil a generation earlier was now being imitated in steel, copper, rubber, tobacco, leather, and other products

had a wide business acquaintance, but few associates knew him well.

if they refrained from rate-cutting and cutthroat competition, the financiers would stop underwriting competing railways.

Despite his lack of legal training, Henry M. Flagler drew up the act of incorporation.

the leading men would receive no salary but would profit solely from the appreciation of their shares and rising dividends—which Rockefeller thought a more potent stimulus to work.

Refiners who used Tidewater were lured away with concessionary rates on Standard Oil pipelines, and Rockefeller swiftly bought up any remaining independent refineries that might be prospective Tidewater customers.

In 1886, Standard Oil set up the Natural Gas Trust, with Rockefeller as its largest shareholder.

So long as McKinley was in the White House, Rockefeller had implicit faith that his business interests would be safeguarded.

Thus, Rockefeller and other industrial captains conspired to kill competitive capitalism in favor of a new monopoly capitalism.

With sky-high profits and ridiculously low start-up costs, the field had soon grown overcrowded.

In his business career, John D. Rockefeller was accused of many sins, but he took pride in paying his debts promptly and abiding strictly by contracts.

the House of Morgan always favored government planning over private competition, but private planning over either.

To avert overbuilding and internecine price wars, Morgan decided to spearhead a new steel consolidation.

that the reason why Morgan & Co. are so insistent on increasing the dividend from 4 to 6% is to enable them to sell out their stocks at a very high figure on the basis of the increased dividend.

Businessmen such as Rockefeller preferred to think of themselves as victims of political extortion, not as initiators of bribes.

Rockefeller's papers reveal that he and Standard Oil entered willingly into a staggering amount of corruption.

Armed with this potent weapon, Rockefeller obtained such excellent railroad rates that it compensated for having to ship the crude oil to

If only Rockefeller had played fair, Emery insisted, he would have ended up the more powerful oilman.

businessmen respected them for their honest dealings.

Rockefeller was never tempted to reconsider the issues raised by the Sherman Act.

Standard Oil was not content to advance its own interest; it worked actively to damage the business interests of its adversaries.