A reading:
"[Gene] Fowler was present at a meeting between Hearst and Henry Ford where, over the after-dinner coffee, the conversation turned to money matters. Mr. Ford took a dim view of the current state of the stock market, prophetically as it turned out, and suddenly asked the master of San Simeon:
’Mr. Hearst, have you got any money?’
’I never have any money, Mr. Ford,’ replied Hearst, who had just purchased a Spanish monastery and was having it knocked down stone by stone and loaded in a freighter for reconstruction in California. ’I always seem to have spent any money I have coming to me before I get it.’
’That’s no way to conduct your affairs,’ Ford said. ’You ought to get yourself four or five hundred million dollars in cash. Tuck it away and forget about it. It’ll come in handy sometime for a rainy day.’"
(Lucius Beebe, "The Big Spenders", 1966, pp. 58-59)
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Written By:
Billy Beck
URL:
http://www.two—four.net/weblog.php
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