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

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Such was the situation in 1913; and now, America has fought and won a war, and become the financial master of the world. The wealth of America was estimated in 1912 at a hundred and twenty-seven billions; in 1920 it was estimated at five hundred billions, greater than the combined wealth of the British Empire, France, Italy, Russia, Germany, and Japan. At the same time that wealth has increased, so has the concentration of its control. If the Pujo Committee were to conduct another inquiry in the year 1922, it would find exactly the same interlocking directorates, only more of them; and it would find that the financial empire controlled by three great banks and two trust companies has grown from twenty-two billions to not less than seventy-five, and probably close to a hundred billions of dollars.

Just how do these interlocking directorates work? A picture of their method was drawn in Harper’s Weekly by Louis D. Brandeis, at that time an anti-corporation lawyer of Boston, and now a Justice of the United States Supreme Court. Said Mr. Brandeis: