FDR: “I am against private socialism of concentrated private power as…”

On the recordMarch 11, 1935

I am against private socialism of concentrated private power as thoroughly as I am against governmental socialism.

Said by

Democratic · New York

Source

Message to Congress Recommending Regulation of Public Utility Holding Companies

More from FDR

Mar 22, 1945

The name of the customs port of entry of Marshfield, Oregon, in Customs Collection District Number 29 (Oregon), is changed to Coos Bay, Oregon.

Mar 25, 1945

The point in history at which we stand is full of promise and of danger.

Mar 19, 1945

It has served as a link between the fighting man and his loved ones here at home.

Mar 25, 1945

The logic of events and our clear and pressing national interest must override our old party controversies.

Other voices in this conversation

FDR: “I am against private socialism of concentrated private power as thoroughly as I am against governmental socialism.”