Walther Rathenau Quotes
Three hundred men, who all know each other direct the economic destinies of the Continent and they look for successors among their friends and relations. This is not the place to examine the strange causes of this strange state of affairs which throws a ray of light on the obscurity of our social future.
Rathenau, Walther. Zur Kritik der Zeit. S. Fischer, 1912, p. 207.
The National City Company was formed expressly as an attempt to dominate and monopolize the United States economy. It was a holding company that included Standard Oil, National City Bank, 16 other banks, and the Union Pacific and Southern Pacific railroads among others, all controlled by the same 3 men--William Rockefeller, .James Stillman, and Frank Vanderlip.
1st Viscount Bolingbroke. See {627799} for the origin of the bias against merchants and money men. It also represents a rigidity of class structure that characterized England until very recently. The landed gentry were the first class citizens. Usually titles went with the land. In America, someone who would be successful as a merchant or a banker could achieve the highest of social status and political influence. This was not true in England where a merchant that was far more wealthy than a landed lord was not accepted by the aristocracy.
The last sentence echoes a quotation of Napoleon. See {630664} .
Walther Rathenau was a German industrialist, writer and liberal politician.