Via Jacobin:
From the article “The Accumulation of Wealth,” November 28, 1856, published in Frederick Douglass’ Paper.
Wealth has ever been the tool of the tyrant, the readiest means by which liberty is overthrown. A nation starting with free institutions and customs, begins to increase in wealth, and that wealth to accumulate in the hands of a few, and here is the lever by which, eventually and certainly, the liberties gained in a simpler age will be overthrown.
Wealth is averse to agitation; it abhors revolutions; it calls for peace, at whatever sacrifice. A tyranny of an individual or a class may be winding its subtle meshes around the wealthy, depriving them of the right of unrestrained locomotion, the right of speech, the right of private judgment; but if it leaves them the privilege of grasping and accumulating gold, they are content — nay, will aid the tyranny to subject them who value their liberties enough to struggle for them; for the agitation might endanger their gains …