[Recollections of a Long Life by Theodore Ledyard Cuyler]@TWC D-Link bookRecollections of a Long Life CHAPTER XVII 4/18
"What do I care for that ?" said the shrewd old German, "I never sells, I only buys." "Well," said Judge Hoxie, "your son, William, has subscribed for several shares." "He can do that," was the chuckling reply, "he has got a rich father." It is a fair problem how many such possessors of real estate it would take to build up the prosperity of a great city. There is one temptation to which great wealth has sometimes subjected its possessors, which demands from me a word of patriotic protest.
It is the temptation to use it for political advancement.
No fact is more patent than the painful one that some ambitious men have secured public offices, and even bought their way into legislative bodies, by the abundancies of their purses united to skill in manipulating partisan machines.
This is a most serious menace to honest popular government.
It is one of the very worst forms of a plutocracy.
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