"The day of democracy is past, he said. Past for ever. That day began with the bowmen of Crecy, it ended when marching infantry, when common men in masses ceased to win the battles of the world, when costly cannon, great ironclads, and strategic railways became the means of power. To-day is the day of wealth. Wealth now is power as it never was power before— it commands earth and sea and sky. All power is for those who can handle wealth...."
Life
Democracy
Power