Page 55 - Napoleon Hill Think and Grow Rich Full Book | Success Learned
P. 55
gan, V I wish I had asked you for $100,000,000 more.'
" v If you had asked for it, you'd have gotten it,' Morgan told him cheerfully.
*******
"There was an uproar, of course. A British correspondent cabled that the foreign
steel world was " appalled' by the gigantic combination. President Hadley, of Yale,
declared that unless trusts were regulated the country might expect v an emperor
in Washington within the next twenty-five years.' But that able stock manipu-
lator, Keene, went at his work of shoving the new stock at the public so vigor-
ously that all the excess water-estimated by some at nearly $6oo,ooo,ooo-was
absorbed in a twinkling. So Carnegie had his millions, and the Morgan syndicate
had $62,000,000 for all its "trouble,' and all the v boys,' from Gates to Gary, had
their millions.
*******
"The thirty-eight-year-old Schwab had his reward. He was made president of the
new corporation and remained in control until 1930."
The dramatic story of "Big Business" which you have just finished, was included
in this book, because it is a perfect illustration of the method by which DESIRE
CAN BE TRANSMUTED INTO ITS PHYSICAL EQUIVALENT!
55
NAPOLEON HILL THINK AND GROW RICH
I imagine some readers will question the statement that a mere, intangible DE-
SIRE can be converted into its physical equivalent. Doubtless some will say, "You
cannot convert NOTHING into SOMETHING!" The answer is in the story of
United States
Steel. That giant organization was created in the mind of one man. The plan by
which the organization was provided with the steel mills that gave it financial
stability was created in the mind of the same man. His FAITH, his DESIRE, his
IMAGINATION, his PERSISTENCE were the real ingredients that went into
United States Steel. The steel mills and mechanical equipment acquired by the
corporation, AFTER IT HAD BEEN BROUGHT INTO LEGAL EXISTENCE, were
incidental, but careful analysis will disclose the fact that the appraised value of
the properties acquired by the corporation increased in value by an estimated SIX
HUNDRED MILLION DOLLARS, by the mere transaction which consolidated
them under one management.
In other words, Charles M. Schwab's IDEA, plus the FAITH with which he con-