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The Concentration of Wealth

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Pacific Press Publishing Association · Mountain View, California · Feb 18, 1913

FromSigns of the Times, Vol. 40, No. 7.

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The Concentration of Wealth

By Editor

Mr. Jacob Schiff, capitalist, told the Money Trust Commission of Congress that he believes that the law should not interfere with the activities of the individual, no matter to what extent he might reach out and dominate business. But another capitalist, Mr. George W. Reynolds, president of the second largest bank in the country, declares that the country is menaced by the concentration of the wealth of the nation in the hands of a few men, and that the law must step in and correct the situation before it is too late. And the latter is right.