"Capital must protect itself in every way... Debts must be collected and loans and mortgages foreclosed as soon as possible. When through a process of law the common people have lost their homes, they will be more tractable and more easily governed by the strong arm of the law applied by the central power of leading financiers. People without homes will not quarrel with their leaders. This is well known among our principle men now engaged in forming an imperialism of capitalism to govern the world. By dividing the people we can get them to expend their energies in fighting over questions of no importance to us except as teachers of the common herd." | Quote by: | J. P. Morgan
[John Pierpont Morgan] (1837-1913) American financier and banker |
Source: | Questionable: No reliable source for this quote has been found. Attributed to: Private Communique to Leading U.S. Bankers only, 1934 |
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