We have the same thing today. Albert J. Nock wrote years ago that American Big Business was deathly afraid of, and did not want a free market. They didn't want the little guy competing and possibly usurping their hold of the market. This is why they re-named the Swope plan (Gerard Swope ran General Electric) the New Deal - a cartellization of Big Businesses with regulations keeping out competitors.
Now we have the same thing. The US Chamber of Commerce and the National Association of Manufacturers are going against Tea Party Republicans because they are against the expansion of debt and the raising of the debt ceiling. From the Washington Post: "And the U.S. Chamber is doing research on key states where it can battle back against tea party candidates willing to use the country’s debt repayments as a bargaining chip."
You're taught that the Republican Party is an unthinking ally of the Tea Party, and they're all for Big Business and moneyed interests. This is false - they're for government corporate subsidies and an unfree market that stifles the small business entrepreneur in a regulatory thicket that is impenetrable. That, along with more debt, more FED inflation and cronyism, is the desired result - in other words the status quo is actually what the Republican Party wants - as does the Democrat Party.
Gary North sums it up best: "...the Chamber of Commerce has joined with the National Association of Manufacturers to pressure Congress to accept an increase in the federal debt ceiling. More than this, some businesses are now organizing for the congressional campaigns in 2014 to defeat Tea Party candidates in the Republican Party. This is the old-time Republicanism. This is the eastern Republican establishment. This is what the United States has faced with respect to the Republican Party ever since Lincoln was inaugurated. It is the party of big business. It is the party of intervention. It is the party, or was for decades, of high tariffs. It is the party of Hamiltonianism: Lincoln, Teddy Roosevelt, Hoover, and Nixon."
I am reminded of two sayings. One from Lew Rockwell: "It isn't Left vs Right, it's the State vs. YOU" and one from Pat Buchanan: "The major parties are two wings of the same bird of prey".