William Gibbs McAdoo Quote

Quote from William Gibbs McAdoo,

"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."

By:	William Gibbs McAdoo (more quotes by William Gibbs McAdoo or books by/about William Gibbs McAdoo)
	(1863-1941) US Senator (D-CA), Secretary of Treasury, President Wilson's national campaign vice-chairman
Source:	in Crowded Years (1974)
Categories:	Centralization, Collectivism, Democracy, Government, Money, Republic, Wealth
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