If enough oil was held, or if the production fell off, up went the price, only to be knocked down by the throwing of great quantities of stocks on the market.
IDA TARBELLIt is but another of the proofs which are heaping up in American industry to-day that whatever is good for men and women – contributes to their health, happiness, development – is good for business.
More Ida Tarbell Quotes
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The whole force of the respectable circles to which I belonged, that respectable circle which knew as I did not the value of security won, the slender chance of replacing it if lost or abandoned, was against me.
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The methods it employs with such acumen, persistency, and secrecy are employed by all sorts of business men, from corner grocers up to bankers. If exposed, they are excused on the ground that this is business.
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Speculation in oil stock companies was another great evil … From the first, oil men had to contend with wild fluctuations in the price of oil. …
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[John D. Rockefeller] didn’t care about anyone he did anything just to be rich and be the only company standing without any competition. He destroyed anyone else.
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There is no man more dangerous, in a position of power, than he who refuses to accept as a working truth the idea that all a man does should make for rightness and soundness, that even the fixing of a tariff rate must be moral.
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[On dishonest business methods:] … frequently the defender of the practice falls back on the Christian doctrine of charity, and points out that we are erring mortals and must allow for each other’s weaknesses!.
IDA TARBELL -
Very often people who admit the facts, who are willing to see that Mr. Rockefeller has employed force and fraud to secure his ends, justify him by declaring, ‘It’s business.’ That is, ‘it’s business’ has come to be a legitimate excuse for hard dealing, sly tricks, special privileges.
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The surprise of the fight on the long day, of the experiments with the shorter one, has been not only that the business could stand it, but that the business thrived under it as surely as the man did.
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The first and most imperative necessity in war is money, for money means everything else — men, guns, ammunition.
IDA TARBELL -
I came then to a conviction that has never left me: that there is too much for me to attend to in this mortal life without overspeculation on the immortal, that it is not necessary to my peace of mind or to my effort to be a decent and useful person, to have a definite assurance about the affairs of the next world.
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No value is destroyed for you – only for the original owner.
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In walking through the world there is a choice for a man to make.
IDA TARBELL -
How defeated and restless the child that is not doing something in which it sees a purpose, a meaning! It is by its self-directed activity that the child, as years pass, finds its work, the thing it wants to do and for which it finally is willing to deny itself pleasure, ease, even sleep and comfort.
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One of the permanent possessions of the human heart is the memory of its noble enthusiasms.
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It is but another of the proofs which are heaping up in American industry to-day that whatever is good for men and women – contributes to their health, happiness, development – is good for business.
IDA TARBELL