Rensselaer Republican, Volume 21, Number 45, Rensselaer, Jasper County, 11 July 1889 — Is it True Now? [ARTICLE]

Is it True Now?

I’ittihurg Dispatch. In reference to the danger of the establishment of plutocratic influence in this country a western paper declares that it is more imaginary than reel, and quotes the familiar saying that there are in America “but three generations between shirtsleeves and shirtsleeves.” It is worth while to inquire whether this is true at present or not The Vanderbilt fortune is in its third generation and Bhows no tign of the Astor fortune is in its fourth. These •examples might he repeated ou a smaller scale, but they are sufficient to indicate of the corporate system for perpetuating great fortunes and in that respect repeating the evils of the landed systtd) in the Old World. We can not guard against such dangers by relying upon an old proverb without maintaining the conditions that make the proverb tree. -t