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

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We arrive in Philadelphia, which means the City of Brotherly Love, and observe in every down-town city block its ideals embodied in especially large men in blue uniform, riding on especially large horses and carrying especially large clubs, also revolvers scarcely concealed. Philadelphia is located in the state of Pennsylvania, which means Penn’s Woodland, and was named after a radical pacifist. All over these woodlands now ride the state constabulary, and club the heads of persons such as William Penn whenever they show themselves in action.

In the New York branch of our plutocratic empire of education we found the emperor, and in the Boston branch we found his son; in Philadelphia we find the eldest of the grand dukes. The office of J. P. Morgan & Company in that city is known as Drexel & Company, and Philadelphia’s great university is presided over by Mr. Edward T. Stotesbury, head of Drexel & Company, and partner in J. P. Morgan & Company of New York. Mr. Stotesbury is the chief investment banker of that part of the country; he is president of three railroads and director in about twenty, also in about twenty coal companies, and as many financial institutions, banks, trust companies, safe deposit and insurance companies, also the Baldwin Locomotive Works and the Cambria Steel Company. The laws of the United States strictly forbid railroads to own coal companies, and vice versa, but the interlocking directorate has defied this law for a generation, and Mr. Stotesbury is one of the principal defiers.