MR ROCKEFELLER'S JOKE.

Taranaki Daily News, Volume LI, Issue 322, 13 January 1909, Page 4

MR ROCKEFELLER'S JOKE.

I iIK. ROOSEVELT'S ANGER AT A | MALICIOUS REPORT. New York, November 13. Mr. Roosevelt was inexpressibly chagrined to-day by the publication, under the caption "Rockefeller's little Joke, 1 ' of a report that the majority of the stock of the Outlook, the weekly journal of which he is to become associate editor as soon as lie resigns the Presidency, is owned liy the Standard Oil. I The "little joke" excited malicious .laughter in Wall-street, where speculation was rife us to how Mr. Roosevelt ■would succeed in harmonising his duties ■as editorial writer on social and economic subjects, and the predatory Trusts ■iu particular, with the interests of hi; ■proprietors. ■ So important was the "joke'' deemed ■to be that the President, niter# Cabinet ■meeting to-day, issued an official statc■nieut declaring that he had not the 'slightest concern who were the stock'holders of the Outlook, ltis concern I(the statement continued) is with the ■general policy of the paper, which has ■been consistently admirable ill every re--sped. The President will be responsible only for what he -himself writes. ' It was alleged that the majority if ■tile. Outlook, stock was held by Mr. .Tames Ntillman. president of the National City j 'Hank, "silent partner" in the Standard Oil Company anil friend and adviser of ■Mr. llaniniaii. To-night, however, the ■treasurer of the Outlook issued a'state|.inent that Ml'. Slillman. as a matter of 'fact, owned less than 111 per cent, of ■the company's stock, which would not ■enable him to exercise the slightest authority iu the direction of suppressing any denunciations of oil Mr. Roose■velt might see lit to indite. Mr. Rooseirelt's salary on the Outlook is to lie '£oooo a year.