WEALTH Archives | What It Means to Be American

The Crusading Newsman Who Taught Americans to Give to the Poor

In the 1890s, Louis Klopsch’s Christian Herald Insisted That Philanthropy Was Not Only for the Elite, but Was a Duty for Everyday Citizens

by Heather D. Curtis
October 20, 2019

On May 10, 1900, the Navy steamship Quito sailed from Brooklyn, New York, to deliver 5,000 tons of corn and seeds to the “starving multitudes” of India. This “great work of rescue” was the brainchild of Louis Klopsch, proprietor of the Christian Herald—the most influential religious newspaper in the United States. Since his purchase of the publication in 1890, the enterprising Klopsch and his editorial partner, the charismatic Brooklyn preacher Thomas De Witt Talmage, had combined scriptural injunctions about charity …

When the President’s Best and Brightest Were Also the Richest

The Practice of Tapping the Moneyed Elite Began with WWI—and Was Surprisingly Scandal-Free

By Charles Rappleye
February 10, 2017

From our earliest days we Americans have embraced leaders from among the ranks of the nation’s moneyed elite. Voters set the tone when they chose George Washington, the wealthiest man on the continent at the time, as the first president.

But that choice was accompanied by a healthy skepticism of the role of money in the halls of government. As the years went by, recurrent scandals prompted rounds of reform, fostering an intricate system of rules to promote ethical conduct.

The result …

Cleveland’s “Millionaire’s Row” Still Glitters With the Gilded Age’s Unanticipated Legacy

City Founders Expected an Outpost of New England, What They Created Was a Paragon of Immigrant Civic Engagement

By John J. Grabowski
July 19, 2016

The Republicans are convening in Cleveland, and the Cleveland Cavaliers have won the NBA championship after a half-century long drought for Cleveland sports teams, putting intense focus on the city’s past and present. And so I, as a historian, keep getting asked to describe the “essence” of the city in which I live and which I have studied for a number of years.

Most inquiries ask what makes Cleveland special. Too often, the responses that are given to the media …

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