Theodore Roosevelt Quotes
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.
Roosevelt, Theodore. Letter to Sir Edward Grey. 15 Nov. 1913. The Letters of Theodore Roosevelt, edited by Elting E. Morison, vol. 7, Harvard UP, 1954, p. 758.
1st Viscount Bolingbroke. See {627799} for the origin of the bias against merchants and money men. It also represents a rigidity of class structure that characterized England until very recently. The landed gentry were the first class citizens. Usually titles went with the land. In America, someone who would be successful as a merchant or a banker could achieve the highest of social status and political influence. This was not true in England where a merchant that was far more wealthy than a landed lord was not accepted by the aristocracy.
Theodore Roosevelt Jr., often referred to as Teddy or his initials T. R., was an American statesman, conservationist, naturalist, historian, and writer, who served as the 26th president of the United States from 1901 to 1909. He previously served as 33rd governor of New York from 1899 to 1900 and the 25th vice president of the United States from March to September 1901. Roosevelt emerged as a leader of the Republican Party and became a driving force for anti-trust and Progressive policies.