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=> From a speech made in 1932

From a speech made in 1932

Posted by Jeff (Guest) jeff@attoz.com - Thursday, April 22 2004, 1:55:40 (CEST)
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This is from a speech by Franklin Roosevelt on Sept 23, 1932.

"Recently a careful study was made of the concentration of business in the United States. It showed that our economic life was dominated by some six hundred odd corporations who controlled two-thirds of American industry. Ten million small business men divided the other third. More striking still, it appeared that if the process of concentration goes on at the same rate, at the end of another century we shall have all American industry controlled by a dozen corporations, and run by perhaps a hundred men. Put plainly, we are steering a steady course towards economic oligarchy, if we are not there already."

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From a speech made in 1932 Jeff - Thursday, April 22 2004, 1:55:40 (CEST)
- Re: From a speech made in 1932 parhad - 04/24 15:26

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