J. P. Morgan Quotes
I am ready to do business with any established government, but I cannot help to make a government to do business with.
Approached by a representative of a Chinese nationalist revolutionary movement for financial assistance:
J. Pierpont Morgan, 1837-1913, Financier, Remark to Homer Lea
Sourced by: Eigen's Political and Historical Quotations
He was very sensitive to the criticism of China’s human rights record. The Chinese leadership was very proud to their accomplishments of lifting hundreds of millions of people out of poverty and eliminating hunger and starvation, and many foreigners from developed nations were seemingly inattentive to the remarkable economic success in their focus on human rights shortcomings.
This problem in Latin America would continue for more than a century. This however, is the first suggestion that the United States should consider direct intervention to obtain justice for U. S. citizens—and businesses—rather than follow the traditional diplomatic procedures. We evolved from this to trying to control the government of the Latin American countries with a premium placed on stability rather than quality of fairness of the governments.
Dulles lied to Congress. The CIA at the time was supplying planes and American pilots in support of an anti-Sukarno Government faction that was in armed revolt. It is not clear whether or not Dulles knew the truth when he had so testified.
In the aftermath of the Tienamen Square massacre of 1989, Congress voted economic sanctions against China:
There was some political pressure in the North, to offer terms to the South where they could cease the rebellion and return to the Union and return to the status quo ante—before the rebellion.
She was ruling the largest country in the world and Denby’s opinion was held by most who knew China. What made her all the more remarkable was that, as a Chinese lower middle class women, she had no formal education, had rarely been allowed to travel out of her home or interact with men. As a young teen she was made a concubine to the Emperor and rarely left the harem. Like Abraham Lincoln she was self-taught and not only was able to seize power in China without any male advisor or patron, but she ruled as well as any world leader. In her later years she was pushing her country too fast and far, and the Western Powers had caused much domestic difficulty and to maintain power, she had to ally with the anti-West Boxers causing her reputation amongst Westerners to sink dramatically and thereafter was never much acknowledged for her remarkable political skills and accomplishments.
China, which had been one of the strongest and most modern nations in the world for 1000 years had lapsed into decay and though a huge nation, rich in resources, with more people than any other had been eclipsed by Japan, America and Europe. Cixi was determined to remedy that, and to a great extent started China on the road to modernization which would take over 100 years more.
John Pierpont Morgan was an American financier and banker who dominated corporate finance on Wall Street throughout the Gilded Age. As the head of the banking firm that ultimately became known as J.P. Morgan and Co., he was a driving force behind the wave of industrial consolidation in the United States spanning the late 19th and early 20th centuries.
