Our Boast of Prosperity Rebuffs Wealth Concentration
The Pilgrim argues national wealth boasts mask deep inequality. It cites corn losses, wool price drops, and rising stock values while households face empty cupboards. It singles out Rockefeller level gains, steel trusts, Schwab, Morgan, and bank profits, warning monopolies can bank on other people’s capital.
MENTIONED IN THIS ARTICLE
United States
Wall Street
America
Kansas
Nebraska
Wilson
Vanderlip
Ohio
Michigan
Far Northwest
Woolen Trust
Rockefeller
Schwab
Trust
Pierpont Mor
Banks
Trust Companies
New York
Efnagel
The Twentyeth Century Vision by Mellan
The poem laments civilization’s decline under injustice and greed, condemning priestcraft, statescraft, and the abuse of power. It contrasts ruin with a future where labor rises, fraternity triumphs, and the common people endure. A dramatic prophetic meditation on society, wealth, and freedom.
Banking power and political danger in trusts era
The piece warns that banking influence can crush political opposition to trusts, drawing a parallel to 1896. It argues that close ties between banks and trusts threaten party platforms opposing trusts and imply that electing a president aiming to destroy trusts would trigger widespread financial backlash in major banking centers.
The Financial Outlook From 1900s Republic Bankers View
A Topeka banker argues in a Kansas City Journal reprint that prosperity is broad and enduring. He cites rising bank currency earlier, Cuba and Asia war costs, and huge export gains through 1898 9, then forecasts reduced spending and income as wars end. He notes proposed foreign loans and U.S. capital flowing to Britain Russia and Germany, with modest banks and insurers investing heavily in debt.
MENTIONED IN THIS ARTICLE
Kansas City Journal
P. I. Bonebrake
Topeka
United States
Cuba
Philippines
China
England
March
Igor
Russia
Germany
New York
Bradstreet
Also Mentioned on This Page
Cnampe Amp
Anna Champe Editora
Alexander
Assocyati Editor
Derson County
Gan
W. H. Mellen
Temple of Justice
Christ
Hell
Earth
Morn
Africa
Ndertaking
J. W. Lewis & Sout
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