We had to struggle with the old enemies of peace—business…
“We had to struggle with the old enemies of peace—business and financial monopoly, speculation, reckless banking, class antagonism, sectionalism, war profiteering. They had begun to consider the Government of the United States as a mere appendage to their own affairs. We know now that Government by organized money is just as dangerous as Government by organized mob. Never before in all our history have these forces been so united against one candidate as they stand today. They are unanimous in their hate for me—and I welcome their hatred.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
He warns that powerful financial interests can dominate government and threaten democracy, especially when they unite against a political opponent.
In simple terms: Moneyed interests can corrupt government and unite against a leader.
Key Takeaway
Beware of concentrated economic power.
Themes
politics
economics
power
corruption
democracy
Mood
cautious
critical
defiant
Type
political
warning
historical
When to use this quote
- election campaigns
- policy debates
- public protests
- media analysis
Key Concepts
monopoly
speculation
banking
class conflict
war profiteering
Questions to Reflect On
- How can citizens limit the influence of financial elites?
- What safeguards protect democratic institutions?
A Different Perspective
Such forces may also be checked by reform movements and public oversight.