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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."


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


in Crowded Years (1974)


Centralization, Collectivism, Democracy, Government, Money, Republic, Wealth


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