Quote: Henry Ford the banking system and a revolution tomorrow

Victor Steinbok aardvark66 at GMAIL.COM
Tue Nov 15 02:41:05 UTC 2011

Here's another interesting quote of a similar nature--I'm amazed
something like this has not been repurposed by the Tea Party and
attributed to one of their mythical heroes.

Tax Facts. Published in the Interest of Sound Economics and American
Ideals. Volume 5(9). Los Angeles: January 1927
Tax News. p. 34/2
> If the people of America knew how much indirect tax they are paying to
> Federal and State governments, there would be a revolution, I verily
> believe.
> --Governor Donahey of Ohio

Guggenheim's quote I sent earlier would please the opposite crowd.
Here's how another publication treated that line without quoting directly.

Single Tax Review. Volume 15(1). New York: January-February 1915
U. S. Commission on Industrial Relations. p. 43/1
> Daniel Guggenheim, of the American Smelting and Refining Co., thought
> it was the duty of the United States government to take care of the
> people and was of the opinion that there would be a revolution now in
> consequence of the large number of unemployed if it were not for
> private charity.

I wish I had more to say about the quote in question, but I don't.


On 11/14/2011 6:31 PM, Garson O'Toole wrote:
> A journalist asked me about a saying attributed to the quintessential
> industrialist Henry Ford that is currently being tweeted. Here is an
> example:
> If the people understood the banking system, there would be a
> revolution tomorrow. Henry Ford
> Versions of this quotation have been used by occupy people, tea party
> activists, trade unionists, and people that dislike the Federal
> Reserve System.

On 11/14/2011 9:08 PM, Victor Steinbok wrote:
> I've found something unrelated, but possibly of interest to quote
> collectors.
>> Were it not for philantropic work there would be a revolution here.
> This is a statement made by Daniel Guggenheim some time late in 1914.
> The line is repeated in several union magazines of the period, but
> they likely are copying the story from each other.

The American Dialect Society - http://www.americandialect.org

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