When it failed to effect prosperity, it was because of a certain law that at the end of ever so many years of fatness it must produce a famine. At such times men, demigods, stepped out of banks with sacks of gold on their shoulders and mitigated the rigors of its failure.

And these splendid personages might set going again that which law stopped. We bowed patiently and unquestioningly to its periodic eccentricity as part of the Fate that fell upon the original sinner, and watched hopefully the powerful men who might in their pleasure or their wisdom end our sufferings.

We were taught to regard it as a thing distinct from political authority, so that the less governors and lawmakers interfered with it the better for the general welfare. Back in our past is a thorough contempt for human intelligence which relates somehow to the religious precept against questioning the wisdom of God. Whatever ordinary men did in the field of economics was sure to be wrong and to check the flow of goods upon which the well-being of society depended. We were all, except the familiars of the great forces, impotent pieces of the game economic law played upon this checker-board of nights and days.

I have said that this government of the national workshop in which we were all laborers or foremen or superintendents or masters sometimes seemed to our consciousness a government of laws and sometimes a government of men. In any primitive faith priests played a large part, and probably the primitive worshippers before them much of the time did not think beyond the priests, while sometimes they did—when it was convenient for the priests that they should.

When famines or plagues came it was because the gods were angry. When they are averted it is the priests who have averted them. When economic panics came it was because we had sinned against economic law; when they were averted it was because men had averted them, men who lived on intimate terms with economic law and understood its mysterious ways, and enjoyed its favor, as their great possessions testified.

Naturally, we are immensely more directly and more constantly concerned with this government than with the government at Washington. Besides, we were mostly business men, or hoped to be. It was our government more truly than was the government at Washington.

Only a limited area in the political consciousness was left for self-government. You descended from the heights to the broad flat plain of man's contempt for man. It was there, rooted firmly in the constitution, that the government at Washington reared its head. Self-government is a new thing; no myth has gathered about it. It was established among men who believed in the doctrine of the original sin, and it had been carried by their successors, who had abandoned the sinner Adam as the progenitor of their kind for the sinless but inglorious earthworm. The inferiority complex which is the race's most persistent heritage from the past was written all over it.

I suppose it was Adam Smith who made self-government possible by discovering that the things really essential to our welfare would take care of themselves if we only let them alone and that the more we let them alone the better they would take care of themselves, under eternal and immutable laws. Ah, the happy thought occurred, if the really essential things are thus beneficially regulated why shouldn't we have the fun of managing the non-essentials ourselves?

Progress ruled the world kindly and well. It might be trusted to see that all went for the best. The government of business functioned effectively for the general weal. The future was in the hands of a force that made the world richer and better. The present, in all that concerned man most vitally with regards food and shelter, was directed by enlightened self-interest represented by men who personified success.

It was impossible not to be optimistic when existence was so well ordered. There was no sorry scheme of things to be seized entire. Life was a sort of tropics without tropical discomforts. The tropics do not produce men. They produce things.