“In how many and which of these senses of the word does equality exist in the United States? Not as regards material conditions. Till about the middle of last century there were no great fortunes in America, few large fortunes, no poverty. Now there is some poverty (though only in a few places can it be called pauperism), many large fortunes, and a greater number of gigantic fortunes than in any other country of the world.”

The American Commonwealth: Volume II (New York: The Macmillan Company, 1910), pp. 810–811.
1910s

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James Bryce, 1st Viscount Bryce 19
British academic, jurist, historian and Liberal politician 1838–1922

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