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A great industrial nation is controlled by its system of credit. Our system of credit is privately concentrated. The growth of the nation, therefore,… - Woodrow Wilson
" "A great industrial nation is controlled by its system of credit. Our system of credit is privately concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men who, even if their action be honest and intended for the public interest, are necessarily concentrated upon the great undertakings in which their own money is involved and who necessarily, by very reason of their own limitations, chill and check and destroy genuine economic freedom. This is the greatest question of all, and to this statesmen must address themselves with an earnest determination to serve the long future and the true liberties of men.
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About Woodrow Wilson
Thomas Woodrow Wilson (28 December 1856 – 3 February 1924) was the 28th president of the United States of America (1913–1921) and the 45th governor of New Jersey (1911–1913). He was the second Democrat to serve two consecutive terms in the White House, after Andrew Jackson, and was the first President from the South to be elected since the American Civil War
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Also Known As
Alternative Names:
Thomas Woodrow Wilson
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T. Woodrow Wilson
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Thomas W. Wilson
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President Wilson
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T. W. Wilson
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T. Wilson
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Shorter versions of this quote
A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the Nation, therefore, and all our activities are in the hands of a few men ♦ ♦ *, We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilised world — no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of small groups of dominant men.
Additional quotes by Woodrow Wilson
I come from the South and I know what war is, for I have seen its terrible wreckage and ruin. It is easy for me as President to declare war. I do not have to fight, and neither do the gentlemen on the Hill who now clamor for it. It is some poor farmer's boy, or the son of some poor widow - who will have to do the fighting and dying.
Perhaps it was providential that I was stricken down when I was. Had I kept my health I should have carried the League. Events have shown that the world was not ready for it. It would have been a failure. Countries like France and Italy are unsympathetic with such an organisation. Time and sinister happenings may eventually convince them that some such scheme is required. It may not be my scheme. It may be some other. I see now, however, that my plan was premature. The world was not ripe for it.
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