All in the Day's Work: An AutobiographyTarbell, Ida M. (Ida Minerva)
History
All in the Day's Work: An Autobiography
Tarbell, Ida M. (Ida Minerva)
Journalists -- United States -- Biography; Tarbell, Ida M. (Ida Minerva), 1857-1944
But Mr. Rogers had other troubles. He and his friends had been engaged
in organizing the gas interests of the East. They had engineered stock
raids which had been as disastrous to Wall Street as to gambling Main
Street. Such operations in the past had never cost him more than a
passing angry comment by the public press. Now, however, came something
damaging to his reputation and his pride. It was a series of lurid
articles by a bold and very-much-on-the-inside broker and
speculator—Thomas Lawson of Boston. For nearly two years Lawson
published monthly in _Everybody’s Magazine_ under the admirable title
“Frenzied Finance” circumstantial accounts of the speculation of the
Rogers group and what they had cost their dupes. That story cut Mr.
Rogers’ pride to the quick. He is said to have threatened the American
News Company with destruction if it circulated the magazine.
Taken all together the excitement and anger were too much for even his
iron frame and indomitable spirit, and in the summer of 1907 he suffered
a stroke which put him out of the fight for many weeks. When he came
back it was at once to collide with the Government suit against the
Standard Oil Company, and soon after that with the “rich man’s panic” of
1907, a panic for which his old enemy in copper, F. Augustus Heinze, was
largely responsible.
Early in November, when the panic was still raiding the banks and the
millionaires of the country, I stood one day at a corner on Fifth Avenue
waiting for the traffic to clear. Suddenly I saw an arm waving to me
from a slowly passing open automobile, and there was H. H. Rogers
smiling at me in the friendliest way.
When I reported the encounter at the office Mr. Phillips at once said:
“Why not try to see him? If he’ll talk about what is going on, what a
story he could tell!”
But would he see me? I was a little dubious about trying. Still the
greeting and the smile seemed to mean that at least he harbored no ill
will. Suppose, I said, he is sufficiently subdued to go over with me his
exciting life. What a document of big business in the eighties and
nineties he could produce if he would put down his recollections with
the frankness with which he had sometimes talked to me! It seemed worth
trying for, and I asked for an appointment. I had not made a mistake.
Mr. Rogers was harboring no ill will. I was promptly invited to come to
his house. He greeted me heartily. I found him physically changed,
stouter, less sinewy, but quite as frank as ever. He told me of his
stroke; he spoke bitterly of what he called the Roosevelt panic as well
as of Roosevelt’s interference with the business of the Standard Oil
Company. He gave me my cue when he began to talk about the early days of
the Oil Region. “There is a whole chapter,” he said, “that has not been
written, that from ’59 to ’72.”
Public-domain text, read in full here on John Shaqi.
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