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returned from saving the republic from open foes, to find that it had been stolen from them by more stealthy but far more dangerous enemies whom they had left at home. While they had been putting down caste rule based on race at the South, class rule based on wealth had been set up at the North, to be in time extended over South and North alike. While the armies of the people had been shedding rivers of blood in the effort to preserve the political unity of the nation, its social unity, upon which the very life of a republic depends, had been attacked by the beginnings of class divisions, which could only end by splitting the once coherent nation into mutually suspicious and inimical bodies of citizens, requiring the iron bands of despotism to hold them together in a political organization. Four million negroes had indeed been freed from chattel slavery, but meanwhile a nation of white men had passed under the yoke of an economic and social vassalage which, though the common fate of European peoples and of the ancient world, the founders of the republic had been proudly confident their posterity would never wear.'"

* * * * *


The doctor closed the book from which he had been reading and laid it down.

"Julian," he said, "this story of the subversion of the American Republic by the plutocracy is an astounding one. You were a witness of the situation it describes, and are able to judge whether the statements are exaggerated."

"On the contrary," I replied, "I should think you had been reading aloud from a collection of newspapers of the period. All the political, social, and business facts and symptoms to which the writer has referred were matters of public discussion and common notoriety. If they did not impress me as they do now, it is simply because I imagine I never heard them grouped and marshaled with the purpose of bringing out their significance."

Once more the doctor asked Edith to bring him a book from the library. Turning the pages until he had found the desired place, he said:

"Lest you should fancy that the force of Storiot's statement of the economic situation in the United States during the last third of the nineteenth century owes anything to the rhetorical arrangement, I want to give you just a few hard, cold statistics as to the actual distribution of property during that period, showing the extent to which its ownership had been concentrated. Here is a volume made up of information on this subject based upon analyses of census reports, tax assessments, the files of probate courts, and other official documents. I will give you three sets of calculations, each prepared by a separate authority and based upon a distinct line of investigation, and all agreeing with a closeness which, considering the magnitude of the calculation, is astounding, and leaves no room to doubt the substantial accuracy of the conclusions.

"From the first set of tables, which was prepared in 1893 by a census official from the returns of the United States census, we find it estimated that out of sixty-two billions of wealth in the country a group of millionaires and multimillionaires, representing three one-hundredths of one per cent of the population, owned twelve billions, or one fifth. Thirty-three billions of the rest was owned by a little less than nine per cent of the American people, being the rich and well-to-do class less than millionaires. That is, the millionaires, rich, and well-to-do, making altogether but nine per cent of the whole nation, owned forty-five billions of the total national valuation of sixty-two billions. The remaining ninety-one per cent of the whole nation, constituting the bulk of the people, were classed as the poor, and divided among themselves the remaining seventeen million dollars.

"A second table, published in 1894 and based upon the surrogates' records of estates in the great State of New York, estimates that one per cent of the people, one one-hundredth of the nation, possessed over half, or fifty-five per cent, of its total wealth. It finds that a further fraction of the population, including the well-to-do, and amounting to eleven per cent, owned over thirty-two per cent of the total wealth, so that twelve per cent of the whole nation, including the very rich and the well-to-do, monopolized eighty-seven per cent of the total wealth of the country, leaving but thirteen per cent of that wealth to be shared among the remaining eighty-eight per cent of the nation. This eighty-eight per cent of the nation was subdivided into the poor and the very poor. The last, constituting fifty per cent out of the eighty-eight, or half the entire nation, had too little wealth to be estimated at all, apparently living a hand-to-mouth existence.

"The estimates of a third computator whom I shall quote, although taken from quite different data, agree remarkably with the others, representing as they do about the same period. These last estimates, which were published in 1889 and 1891, and like the others produced a strong impression, divide the nation into three classes--the rich, the middle, and the working class. The rich, being one and four tenths per cent of the population, are credited with seventy per cent of the total wealth. The middle class, representing nine and two tenths per cent of the population, is credited with twelve per cent of the total wealth, the rich and middle classes, together, representing ten and six tenths per cent of the population, having therefore eighty-two per cent of the total wealth, leaving to the working class, which constituted eighty-nine and four tenths of the nation, but eighteen per cent of the wealth, to share among them."

"Doctor," I exclaimed, "I knew things were pretty unequally divided in my day, but figures like these are overwhelming. You need not take the trouble to tell me anything further by way of explaining why the people revolted against private capitalism. These figures were enough to turn the very stones into revolutionists."

"I thought you would say so," replied the doctor. "And please remember also that these tremendous figures represent only the progress made toward the concentration of wealth mainly within the period of a single generation. Well might Americans say to themselves 'If such things are done in the green tree, what shall be done in the dry?' If private capitalism, dealing with a community in which had previously existed a degree of economic equality never before known, could within a period of some thirty years make such a prodigious stride toward the complete expropriation of the rest of the nation for the enrichment of a class, what was likely to be left to the people at the end of a century? What was to be left even to the next generation?"


CHAPTER XXXV.


WHY THE REVOLUTION WENT SLOW AT FIRST BUT FAST AT LAST.



"So much for the causes of the Revolution in America, both the general fundamental cause, consisting in the factor newly introduced into social evolution by the enlightenment of the masses and irresistibly tending to equality, and the immediate local causes peculiar to America, which account for the Revolution having come at the particular time it did and for its taking the particular course it did. Now, briefly as to that course:

"The pinching of the economic shoe resulting from the concentration of wealth was naturally first felt by the class with least reserves, the wage-earners, and the Revolution may be said to have begun with their revolt. In 1869 the first great labor organization in America was formed to resist the power of capital. Previous to the war the number of strikes that had taken place in the country could be counted on the fingers. Before the sixties were out they were counted by hundreds, during the seventies by thousands, and during the eighties the labor reports enumerate nearly ten thousand, involving two or three million workers. Many of these strikes were of continental scope, shaking the whole commercial fabric and causing general panics.

"Close after the revolt of the wage earners came that of the farmers--less turbulent in methods but more serious and abiding in results. This took the form of secret leagues and open political parties devoted to resisting what was called the money power. Already in the seventies these organizations threw State and national politics into confusion, and later became the nucleus of the revolutionary party.

"Your contemporaries of the thinking classes can not be taxed with indifference to these signs and portents. The public discussion and literature of the time reflect the confusion and anxiety with which the unprecedented manifestations of popular discontent had affected all serious persons. The old-fashioned Fourth-of-July boastings had ceased to be heard in the land. All agreed that somehow republican forms of government had not fulfilled their promise as guarantees of the popular welfare, but were showing themselves impotent to prevent the recrudescence in the New World of all the Old World's evils, especially those of class and caste, which it had been supposed could never exist in the atmosphere of a republic. It was recognized on all sides that the old order was changing for the worse, and that the republic and all it had been thought to stand for was in danger. It was the universal cry that something must be done to check the ruinous tendency. Reform was the word in everybody's mouth, and the rallying cry, whether in sincerity or pretense, of every party. But indeed, Julian, I need waste no time describing this state of affairs to you, for you were a witness of it till 1887."

"It was all quite as you describe it, the industrial and political warfare and turmoil, the general sense that the country was going wrong, and the universal cry for some sort of reform. But, as I said before, the agitation, while alarming enough, was too confused and purposeless to seem revolutionary. All agreed that something ailed the country, but no two agreed what it was or how to cure it."

"Just so," said the doctor. "Our historians divide the entire revolutionary epoch--from the close of the war, or the beginning of the seventies, to the establishment of the present order early in the twentieth century--into two periods, the incoherent and the rational. The first of these is the period of which we have been talking, and with which Storiot deals with in the paragraphs I have read--the period with which you were, for the most part, contemporary. As we have seen, and you know better than we can, it was a time of terror and tumult, of confused and purposeless agitation, and a Babel of contradictory clamor. The people were blindly kicking in the dark against the pricks of capitalism, without any clear idea of what they were kicking against.

"The two great divisions of the toilers, the wage-earners and the farmers, were equally far from seeing clear and whole the nature of the situation and the forces of which they were the victims. The wage-earners' only idea was that by organizing the artisans and manual workers their wages could be forced up and maintained indefinitely. They seem to have had absolutely no more knowledge than children of the effect of the profit system always and inevitably to keep the consuming power of the community indefinitely below its producing power and thus to maintain a constant state of more or less aggravated glut in the goods and labor markets, and that nothing could possibly prevent the constant presence of these conditions so long as the profit system was

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