Читать книгу The Goose-step: A Study of American Education онлайн

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When railroad brotherhoods put forth a plan for guild operation of the lines, they face a mighty opposition from security investors. The eight million dollars which Harvard holds in railroad stock and bonds would be affected by victory for the Plumb Plan. The professors of economics and particularly of railroad operation and finance can scarcely be expected to imbue their scholars with a holy zeal for the securing of the Brotherhood aims....

Evidence of the patriotic ardor of the financiers directing Harvard’s investments may be readily seen in the fact that only one per cent of the funds of the university is invested in the Liberty Loans. The total of United States bonds held is less than half of that spent for bonds of five foreign nations. Intervention in Mexico would perhaps be pleasing to the authorities, since they hold a total of nearly one hundred thousand dollars in Mexican government bonds. So, also, is the pacification of Central America through the stationing of American marines and blue-jackets in those lands. Meddling of our State Department in the internal affairs of Costa Rica, Honduras, San Salvador and the rest helps to uphold the value of another one hundred thousand dollars’ worth of United Fruit Company bonds.^[B] This company notoriously controls entire nations in Central America and sets up or deposes presidents at its whim. There is scarcely a large community north of Panama that is not in some degree tapped by the Harvard treasury. The American college is becoming the strongest single force in the world. Its management is almost entirely in the hands of international bankers or men dependent upon that group.