Theodore Roosevelt on plutocracy

Roosevelt in 1904

There is something to be said for government by a great aristocracy which has furnished leaders to the nation in peace and war for generations; even a democrat like myself must admit this. But there is absolutely nothing to be said for government by a plutocracy, for government by men very powerful in certain lines and gifted with the money touch, but with ideals which in their essence are merely those of so many glorified pawnbrokers.

–Theodore Roosevelt

Theodore Roosevelt Jr., also known as Teddy or T. R. (October 27, 1858 – January 6, 1919), was the 26th president of the United States, serving from 1901 to 1909. Roosevelt previously was involved in New York politics, including serving as the state’s 33rd governor for two years. Wikipedia

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