Communication Networks Quotes
Stimson was one of the first to realize the new economic reality in America. In prior years, wealthy individuals financed most business and industrial efforts. However, the need for capital had become so great that wealthy individuals could no longer provide sufficient capital to underwrite some of the business efforts. The age of the corporation was dawning on America and Stimson was one of the first to recognize it.
Note the mild tone of asking the Congress to deal with crucial issues. Although almost revered as a king, Washington was very respectful of the independence of Congress on legislative affairs. Congress however did not act on these measures in that term.
Despite statements like this, Harding’s Republican Party had an isolationist wing that made us very vulnerable in the Second World War.
George Washington was our first President. And he was the first President to complain about the quality of the foreign intelligence he was receiving.