The Grand Acquisitor


To the outside world the old man more and more presented a quaint and benevolent image. By the 1920’s the antitrust passions of the 1890’s and early 1900’s had been transmuted into sycophancy of big business; there were no more cries of “tainted money,” but only a hopeful queuing up at the portals of the great foundations. The man who had once been denounced by Theodore Roosevelt and Tolstoy and William Jennings Bryan was now voted, in a popular poll, one of the Greatest Americans. Cartoonists and feature writers made the most of his pith helmet and his paper vest, his monkishly plain food, his beaming, almost childlike expression. To the outside world he seemed to live in a serene and admirable simplicity, which indeed he did, in a purely personal sense. But the reporters who told of his afternoon drives did not report that the seventy miles of road over his estate at Pocantico Hills were built by himself, that the views he liked so well were arranged by moving hills around as an interior decorator moves chairs. The perfection of Pocantico became an obsession: some railway tracks that were in the way were relocated at the cost of $700,000, a small college that spoiled a view was induced to move for $1,500,000, a distant smokestack was camouflaged. It was, to repeat George Kaufman’s famous line, an example of what God could have done if He’d only had the money.

In the midst of it all was the never-failingly polite, always slightly disengaged old man, somehow disappointing in close view, somehow smaller than we expect. There are mannerisms and eccentricities, of course, which, when viewed under the magnification of 900 million dollars, take on a certain prominence, but they are peccadilloes rather than great flaws. There is the enormous industrial generalship, to be sure, but it is a generalship of logic and plan, not of dash and daring. There is the generosity on a monumental scale, but then again, not on such a scale as to cut the Rockefeller fortune by ninety per cent, as was the case with Carnegie. Rockefeller gave away over half a billion, but probably he kept at least that much for his family.

In short, the more we look into the life of John D. Rockefeller, the more we look into the life of an incredibly successful—and withal, very unremarkable—man. It is a curious verdict to pass on the greatest acquisitor of all time, and yet it is difficult to avoid the conclusion that John Flynn has perfectly phrased: “Rockefeller in his soul was a bookkeeper.” We can see the bookkeeperishness in unexpected but telling places, such as in his Random Reminiscences , where he dilates on the importance of friendship, but cites as a dubious friend the man who protests, “I can’t indorse your note, because I have an agreement with my partners not to …”; or again, when he expands on the nonmaterial pleasures of life, such as gardening, but adds as a clincher: “We make a small fortune out of ourselves, selling to our New Jersey place at $1.50 and $2.00 each, trees which originally cost us only five or ten cents at Pocantico.” Whether he turns to friendship or to nature, money is the measure.

These are surely not the sentiments of greatness—but then John D. was not a great man. Neither was he, needless to say, a bad man. In most ways he was the very paragon of the business virtues of his day, and at the same time the perfect exemplar of the unvirtues as well. It is likely that he would have made his mark in any field, but unlikely that any commodity other than oil would have offered such staggering possibilities for industrial growth and personal aggrandizement. He personified in ideas the typical business thought of his day—very Christian, very conventional, very comfortable.

Yet as the image of John D. recedes, we realize the pointlessness of such personal appraisals. We study Rockefeller not so much as a person but as an agent—an agent for better and worse in the immense industrial transformation of America. Viewed against this stupendous process of change, even the largest lives take on a subordinate quality, and personal praise and blame seem almost irrelevant. And Rockefeller was not one of the largest lives—only one of the luckiest.

In the end there was only the frail ghost of a man, stubbornly resisting the inevitable. His son, John D., Jr., whom he had fondly called “my greatest fortune,” had long since taken over the reins of the great foundations and had begun to refashion the Rockefeller image in his own way: Rockefeller Center, The Cloisters, the restoration of Williamsburg. His grandsons, among them one who would one day aspire to the Presidency of the United States, were already young men, carefully imbued with the family style: determination, modesty on the grand scale, a prudent balance between self-interest and altruism. And the Standard itself, now split and resplit into a handful of carefully noncollusive (and equally carefully noncompetitive) companies, was bigger and more powerful than ever. All in all, it was an extraordinary achievement, and the old man must have enjoyed it to the hilt. For it had indeed rained porridge, and his dish had surely been kept right side up.