Rutherford B. Hayes Quotes
The real difficulty is with the vast wealth and power in the hands of the few and the unscrupulous who represent or control capital. Hundreds of laws of Congress and the state legislatures are in the interest of these men and against the interests of workingmen. These need to be exposed and repealed. All laws on corporations, on taxation, on trusts, wills, descent, and the like, need examination and extensive change. This is a government of the people, by the people, and for the people no longer. It is a government of corporations, by corporations, and for corporations.
Hayes, Rutherford B. Diary and Letters of Rutherford Birchard Hayes, Volume 4. Edited by Charles Richard Williams, Ohio State Archaeological and Historical Society, 1925, p. 374.
Worry about the disproportional power of the rich is not a modern concern, but was a concern from the very beginning of the nation. There was a belief that if there were a legislative body representing the entire population the rich would tend to dominate it. The solution that England had found was a bicameral Parliament—a House of Lords representing the wealthy and the powerful and the House of Commons, representing the bulk of the people. America followed suit but never did have the class distinction of England.
The majority had held that the income tax or any tax based on income or wealth was unconstitutional (it was less than 2% only on income over $4,000--$101,000 in 2010 dollars). It took a Constitutional Amendment to have an income tax. See {587718}.
Rutherford Birchard Hayes was an American politician and attorney who served as the 19th president of the United States from 1877 to 1881, after serving in the U.S. House of Representatives and as governor of Ohio. A lawyer and staunch abolitionist, he had defended refugee slaves in court proceedings during the antebellum years. He negotiated the political agreement to end federal support of Reconstruction.
