Excerpt from Corporations, Vol. 1 of 2: A Study of the Origin and Development of Great Business Combinations and of Their Relation to the Authority of the State
Organized wealth and power have not yet grown wise enough to scent danger before it is upon them. The Eastern section of our country is already in danger, and I have an impression that it does not see this. In its concentration of the wealth of the country and in its ostentatious display of its wealth, in the gradual cultivation of caste, in the tendency to hug its vast riches and in finding means to keep its millions at home, let it behold a danger it will do well to consider in the light of both ancient and modern history.
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