In 1887, President Rutherford B. Hayes wrote in his diary: “In church it occurred to me that it is time for the public to hear that the giant evil and danger in this country, the danger which transcends all others, is the vast wealth owned or controlled by a few persons. Money is power.
“In Congress, in state legislatures, in city councils, in the courts, in political conventions, in the press, in the pulpit, in the circles of the educated and the talented, its influence is growing greater and greater. Excessive wealth in the hands of the few means extreme poverty, ignorance, vice and wretchedness as the lot of the many.”
The proverb: the more things change, the more they stay the same!
Richard Telles, Fresno