Quotes About Power
all looking up at the windows of J. P. Morgan & Co.
~ Ron Chernow
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From the outset, Rockefeller had to wrestle with the demons of pride and greed.
~ Ron Chernow
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More than one person who was refused later accused Rockefeller of having ruined him.
~ Ron Chernow
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his massive shadow dominated his son's life.
~ Ron Chernow
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when John Rockefeller dies," Archbold said, "the world is going to be surprised to learn what a very great man he has been in every way.
~ Ron Chernow
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Far sooner than Rockefeller, the railroads had foreseen the political reaction and inevitable defeat.
~ Ron Chernow
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It was the same act of ventriloquism: the State Department talked, and Tom Lamont moved his lips.
~ Ron Chernow
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For Hamilton, his encounters with the two obdurate generals strengthened his preference for strict hierarchy and centralized command as the only way to accomplish things—a view that was to find its political equivalent in his preference for concentrated federal power instead of authority dispersed among the states.
~ Ron Chernow
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As we shall see, the truth was far more complex, for the bank would skillfully harness the Fed and use it to amplify its powers.
~ Ron Chernow
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The federal government had captured forever the bulk of American taxing power.
~ Ron Chernow
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Pierpont's anti-Semitism was well known.
~ Ron Chernow
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His dislike of Jews may have been sharpened by dealings with the Rothschilds.
~ Ron Chernow
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Between February 17 and March 28, 1872—between the first rumors of the SIC and the time it was scuttled—Rockefeller swallowed up twenty-two of his twenty-six Cleveland competitors. During
~ Ron Chernow
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Beyond the size of his stake, Rockefeller also possessed an unlikely charisma
~ Ron Chernow
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Mr. Rockefeller may have made himself the richest man in the world, but he has paid.
~ Ron Chernow
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Many things beyond the absence of Laurens troubled Hamilton that summer, especially the shortsighted failure of the states to grant mandatory taxing power to Congress in the Articles of Confederation, which had been approved as the new nation's governing charter on November 15, 1777, and submitted to the states for ratification.
~ Ron Chernow
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National City became known as the oil bank, much as J. P. Morgan and Company would be called the steel bank.
~ Ron Chernow
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but Rockefeller started at the top, believing that if he could crack his strongest competitor first, it would have a tremendous psychological impact.
~ Ron Chernow
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In time, it would become hard to disentangle the House of Morgan from various aspects of Anglo-American policy.
~ Ron Chernow
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Rockefeller knew that he was overpaying but couldn't resist a deal that would certify his position as the world's largest oil refiner at age thirty-one.
~ Ron Chernow
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We know that Archbold had studied corruption at the master's feet, but Senior made no effort to disabuse his son.
~ Ron Chernow
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Where revolutions, by their nature, resisted excess government power, the opposite situation could be equally hazardous. "As too much power leads to despotism, too little leads to anarchy, and both eventually to the ruin of the people.
~ Ron Chernow
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It is hard to exaggerate the power that Pierpont accrued.
~ Ron Chernow
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You see, this scheme is bound to work. It means an absolute control by us of the oil business.
~ Ron Chernow
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