Literary men are being employed to praise a big business man personally, as men used to praise a king. They not only find political reasons for the commercial schemes that they have done for some time past they also find moral defences for the commercial schemers. ... I do resent the whole age of patronage being revived under such absurd patrons; and all poets becoming court poets, under kings that have taken no oath.
This whole theory [of John Law and Jean Terrasson], as dear to French financial schemers in the eighteenth century as to American " Greenbackers " in the nineteenth, had resulted, under the Orleans Regency and Louis XV, in ruin to France financially and morally, had culminated in the utter destruction of all prosperity, the rooting out of great numbers of the most important industries, and the grinding down of the working people even to starvation.Andrew Dickson White