“We stand equally against government by a plutocracy and government by a mob.”

Letter to Sir Edward Grey (15 September 1913)
1910s
Context: We stand equally against government by a plutocracy and government by a mob. 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.

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Theodore Roosevelt 445
American politician, 26th president of the United States 1858–1919

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