Subscribe"We may congratulate ourselves that this cruel war is nearing its end.
It has cost a vast amount of treasure and blood. . . .
It has indeed been a trying hour for the Republic; but
I see in the near future a crisis approaching that unnerves me and causes
me to tremble for the safety of my country. As a result of the war,
corporations have been enthroned and an era of corruption in high places
will follow, and the money power of the country will endeavor to prolong
its reign by working upon the prejudices of the people until all wealth
is aggregated in a few hands and the Republic is destroyed.
I feel at this moment more anxiety for the safety
of my country than ever before, even in the midst of war.
God grant that my suspicions may prove groundless."
- Abraham Lincoln, letter to Col. William F. Elkins, Nov. 21, 1864
I hope we shall crush in its birth the aristocracy of our monied corporations which dare already to challenge our government to a trial by strength, and bid defiance to the laws of our country.It's also worth noting that it was around the mid-to-late 19th-century, when Lincoln said the above quote, that corporations were more and more successful and shedding the restrictions many states had placed on corporate charters even prior to the founding of America, including restrictions on corporate lifetime, on scope, and on political activity.
- Thomas Jefferson to George Logan, 1816
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posted by hank_14 at 9:09 AM on March 26, 2003