Let us clearly recognize the forces that are undermining both of the old capitalist parties, creating a new issue, and driving the working class into a party of their own to do battle with their oppressors in the struggle for existence.
Parties but express in political terms the economic interests of those who compose them. This is the rule. The Republican party represents the capitalist class, the Democratic party the middle class and the Socialist party the working class.
There is no fundamental difference between the Republican and Democratic parties. Their principles are identical. They are both capitalist parties and both stand for the capitalist system, and such differences as there are between them involve no principle but are the outgrowth of the conflicting interests of large and small capitalists.
The Republican and Democratic parties are alike threatened with destruction. Their day of usefulness is past and they among them who see the handwriting on the wall and call themselves "Progressives" and "Insurgents," are struggling in vain to adjust these old parties to the new conditions.
Two Economic Classes.
Broadly speaking, there are but two economic classes and the ultimate struggle will narrow down to two political parties. To the extent that the workers unite in their own party, the Socialist party, the capitalists, large and small, are driven into one and the same party. This has happened already in a number of local instances, notably in the City of Milwaukee. Here there is no longer a Republican or Democratic party. These have merged in the same party and it is a capitalist party, by whatever name it may be known.
Temporarily this united capitalist party, composed of the two old ones, may stem the tide of Socialist advance, but nothing more clearly reveals the capitalist class character of the Republican and Democratic parties to their own undoing and the undoing of the capitalist system they represent.
The great capitalists are all conservatives, "standpatters"; they have a strangle-hold upon the situation with no intention of relaxing their grip. Taft and Roosevelt are their candidates. It may be objected that Roosevelt is a "Progressive." That is sheer buncombe. Roosevelt was president almost eight years and his record is known. When he was in office and had the power, he did none of the things, nor attempted to do any of the things he is now talking about so wildly. On the contrary, a more servile functionary to the trusts than Theodore Roosevelt never sat in the presidential chair.
La Follette vs. Roosevelt.
Senator La Follette now makes substantially this same charge against Roosevelt, but by some strange oversight the senator did not discover that Roosevelt's presidential record was a trust record until after Roosevelt threw him down in the "Progressive" scramble for the Republican nomination.