“…
for such men soon create capital; while, without the special talent required,
capital soon takes wings. Such men become interested in firms or corporations
using millions; and estimating only simple interest to be made upon the capital
invested, it is inevitable that their income must exceed their expenditures,
and that they must accumulate wealth. Nor is there any middle ground which such
man can occupy, because the great manufacturing or commercial concern which
does not earn at least interest upon its capital soon become bankrupt. It must
either go forward or fall behind: to stand still is impossible. – Andrew Carnegie
(1889)
Republicans
dominated most of the 19th century; the demand for capital was high. Republican,
being the “Big Business” party that it is, is constantly finding ways to
increase capital. They invested in a cooperative relationship with business leaders
for contribution to economic growth. Firms and corporations bring in profit,
but it must continue to increase, or face possible bankruptcy.
Valerie
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