William Gibbs McAdoo Quote
“The fact is that there is a serious danger of this country becoming a pluto-democracy; that is, a sham republic with the real government in the hands of a small clique of enormously wealthy men, who speak through their money, and whose influence, even today, radiates to every corner of the United States.”
~ William Gibbs McAdoo
(1863-1941) US Senator (D-CA), Secretary of Treasury, President Wilson's national campaign vice-chairman in Crowded Years (1974)
Centralization
, Collectivism
, Democracy
, Government
, Money
, Republic
, Wealth
Ratings and Comments