J. P. Morgan Quotes
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.
Hitler was partially right. Many of the best and accomplished minds in Germany, Jewish and not, left the country when he came into power. However most stayed and when Hitler was successful they went along with the Nazi winners and “put their minds at the disposal” of the Third Reich.
After Roosevelt, most eras of American politics more or less followed the pattern Roosevelt described herein as a “calamity”, with the anger becoming more or less intense. Jefferson thought that these were natural divisions of politics in all societies--{604810}. The thing that masked this for years was race and slavery. In Lincoln’s time there were liberals and conservatives in both parties if race were ignored. In Theodore Roosevelt’s era, he, Taft and others were generally liberal reformers, while a large number of Republicans were conservative supporters of the status quo. Some democrats were radical reformers like William Jennings Bryan while others were arch conservatives. Until 1964 and the Civil Rights Act there were many conservatives in the Democratic Party, but almost all switched to the Republican Party in anger. The Republican conservatives tended to drive the Republican liberals out of the party and for the last part of the 20th century Roosevelt’s “calamity” well described the American political scene, and the anger increased carrying partisan bitterness into the 21st century.
Paz was the Ambassador to India
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.
