Mr. Rockefeller not only owns the Standard Oil supplies: he controls the railways, the banks, the shops...upon which his Trust depends. The Steel Cor… - Ramsay MacDonald

" "

Mr. Rockefeller not only owns the Standard Oil supplies: he controls the railways, the banks, the shops...upon which his Trust depends. The Steel Corporation not only makes steel; it owns coal and iron fields, ore steamers, the Erie and Pittsburgh mineral railway, as well as the operatives in Homestead. We oppose the Trust, not as an organisation, but because it is controlled by individuals for their own ends...But the Trust points out the line of British advance. In this country, however, the introduction of the Trust should be marked by public ownership.

English
Collect this quote

About Ramsay MacDonald

Ramsay MacDonald (12 October 1866 – 9 November 1937) was a British statesman who was the first ever Labour Prime Minister of the United Kingdom, leading a Labour Government in 1924, a Labour Government from 1929 to 1931, and a National Government from 1931 to 1935.

Also Known As

Birth Name: James Ramsay MacDonald James McDonald Ramsay
Alternative Names: J. R. M. J. Ramsay McDonald J. Ramsay MacDonald
Works in ChatGPT, Claude, or Any AI

Add semantic quote search to your AI assistant via MCP. One command setup.

Related quotes. More quotes will automatically load as you scroll down, or you can use the load more buttons.

Additional quotes by Ramsay MacDonald

All this humbug of curing unemployment by Exchequer grants is one of the most superficial and ill considered proposals that has ever been foisted upon the Party. There is no more Socialism in it than there was in the cup of tea that I had at breakfast this morning.

Enhance Your Quote Experience

Enjoy ad-free browsing, unlimited collections, and advanced search features with Premium.

We do not believe that a nation can flourish on the poverty of its masses. Empty pockets are not only poverty, but breed poverty. Our own backs and stomachs still are the most neglected and yet the most profitable of our markets. Those who believe that safeguarding or protection is any aid to the development of that market had better study protected countries, where wages are low, unemployment is habitual, and poverty even worse than it is here. Unemployment insurance is not a dole, it is a benefit which has been paid for just like life insurance. These payments must be made adequate for the purpose in order to safeguard our people against the demoralisation of charity. We have concentrated this policy into two points and they stand as representing our purpose. Work first of all, but if no work, maintenance.

Loading...