“Plutocracy is abhorrent to a republic; it is more despotic than monarchy, more heartless than aristocracy, more selfish than bureaucracy. It preys upon the nation in time of peace and conspires against it in the hour of its calamity.”

Address at Madison Square Garden, New York (30 August 1906), at a reception welcoming Bryan on his return from a year's trip around the world, published in Speeches of William Jennings Bryan, Funk & Wagnalls, (1909), p. 90 http://books.google.com/books?id=E0QOAAAAYAAJ&pg=PA90&vq=%22And+who+can+suffer+injury+by+just+taxation%22&source=gbs_search_r&cad=1_1
Context: And who can suffer injury by just taxation, impartial laws and the application of the Jeffersonian doctrine of equal rights to all and special privileges to none? Only those whose accumulations are stained with dishonesty and whose immoral methods have given them a distorted view of business, society and government. Accumulating by conscious frauds more money than they can use upon themselves, wisely distribute or safely leave to their children, these denounce as public enemies all who question their methods or throw a light upon their crimes.
Plutocracy is abhorrent to a republic; it is more despotic than monarchy, more heartless than aristocracy, more selfish than bureaucracy. It preys upon the nation in time of peace and conspires against it in the hour of its calamity. Conscienceless, compassionless and devoid of wisdom, it enervates its votaries while it impoverishes its victims. It is already sapping the strength of the nation, vulgarizing social life and making a mockery of morals. The time is ripe for the overthrow of this giant wrong. In the name of the counting-rooms which it has denied; in the name of business honor which it has polluted; in the name of the home which it has despoiled; in the name of religion which it has disgraced; in the name of the people whom it has opprest, let us make our appeal to the awakened conscience of the nation.

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William Jennings Bryan 33
United States Secretary of State 1860–1925

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