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Show H ROCKEFELLER. John D. Rockefeller no longer is the richest man In the world, according to rumor among big bankers Wall Street Journal says: "State-ment "State-ment of W, C. Teagle, president of j Standard Oil of N. J., before senate committee, that John D. Rockefeller has not been a stockholder in that company since 1920, Is considered confirmation con-firmation of reports current in banking bank-ing circles for some time that the bulk of tho Rockefeller fortune has passed to John D. Rockefeller, Jr. "The reason for this transfer of own ership undoubtedly takes in the rather drastic Inheritance taies, state and federal." The inheritance tax can be dodged by giving away property before dath And gifts aro not even taxable as income. in-come. - |