IN THIS work we are not concerned with the methods, legal or illegal, by which the great American fortunes of today were created. These fortunes exist. Their potentialities for good or evil are not altered whether we accept Gustavus Meyers’ account of their formation or whether we give credence to the late John D. Rockefeller’s simple statement : “God gave me my money.”
What this book purports to do is to furnish replies, naming names and quoting book, chapter, and verse, to two blunt questions: Who owns and controls these large fortunes today, and how are these fortunes used? To answer this second question it is necessary, of course, to examine the role of great wealth in politics, industry, education, science, literature and the arts, journalism, social life and philanthropy.