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From Theodore Rex by Edmund Morris
On November 13 1901, JP Morgan, James J. Hill and E. H. Harriman announced the formation of the Northern Securities Company, the largest holding company outside of U.S. Steel. On the board was a who's who of finance capitalism with members from the Rockefeller empire, and the Vanderbilt and Gould systems.
The New York Journal complimented the best business brains in America for advancing socialism's concept of a nationalized industrial state:
"Into the blue again/after the moneys gone
Once in a lifetime/water flowing underground.
Same as it ever was...same as it ever was...same as it ever was..."
On November 13 1901, JP Morgan, James J. Hill and E. H. Harriman announced the formation of the Northern Securities Company, the largest holding company outside of U.S. Steel. On the board was a who's who of finance capitalism with members from the Rockefeller empire, and the Vanderbilt and Gould systems.
The New York Journal complimented the best business brains in America for advancing socialism's concept of a nationalized industrial state:
They are smoothing out all the difficulties, consolidating staffs, and creating one vast, smoothly running machine. When they have finished, all the Government will have to do will be to assume the debts of the system, exchange national bonds for stock, and give the general manager a commission from the president of the United States.
Once in a lifetime/water flowing underground.
Same as it ever was...same as it ever was...same as it ever was..."
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