"Do you know," he replied, lowering his voice confidentially, "That is just the way I diagnose it."
And at this very time the Republicans, hearing much of Mr. Baruch's money and its use to build up such an intensive organization for the Democrats, as Chairman Hays with a million or two at his disposal had erected for them, considered seriously whether or not it would not be wise themselves to occupy Mr. Baruch's energies and divert his ambitions away from party organization. They debated putting Mr. Baruch on the commission to reorganize the executive departments of the government. All had their eyes on the same ambition and the same wealth!
Several daily newspapers in New York, and I know not how many magazines and weeklies, have been offered at one time or another to Mr. Baruch, for it is known that one of his ideas of public service is to own and edit a great liberal journal, a "Manchester Guardian" of America. But an opportunity to buy a newspaper in New York is an opportunity to invest $3,000,000 or $4,000,000, to lose $500,000 or more for several years thereafter and to become the national figure that Mr. Ochs is, or Mr. Reid is, or Mr. Munsey is, certainly something far short of the American Disraeli or even the Baruch of the War Industries Board.
Mr. Baruch, you will observe, has no vulgar illusions about what money will buy. He likes money. It brings with it a certain personal enlargement. It adds to the romance of himself in his own eyes, as well as in the eyes of others. It procures the flattering ears of journalists, and a place on front pages, and, if one inclines toward ostentation, even the ownership of a newspaper itself.
But money will not buy a commanding place in public life. And even if it would buy such a place he would not be content to do other than earn one. He wants to repeat the thrills of his youth in the market, in the thrills of a second youth in Washington. He is incurably romantic.
To sum him all up in a sentence—he has an extraordinary sense of wonder and an unequalled sense of reality, the sense of wonder directed toward himself, the sense of reality directed largely but not exclusively elsewhere.
ELIHU ROOT
Elihu Root might have been so much publicly and has been so little that a moral must hang somewhere upon his public career.
He might have been many things. He might have been President of the United States if his party ever could have been persuaded to nominate him. He might have been one of the great Chief Justices of the Supreme Court if a President could have been persuaded to appoint him. He might have given to the United States Senate that weight and influence which have disappeared from it, if he had had a passion for public service. He might have been Secretary of State in the most momentous period of American foreign relations if a certain homely instinct in Mr. Harding had not led him to prefer the less brilliant Mr. Hughes. He might have made history. But he has not. Out of his eight years in the Cabinet and six years in the Senate nothing constructive came that will give his name a larger place in history than that of Rufus Choate, another remarkable advocate who was once Attorney General.