I have, in previous chapters, touched very briefly upon some of the vile excrescences that have found a resting place within the gates of our once so fair city of Society. Again, I have sketched in the briefest outline the process by which the idle class was created. I have shown how the seed was planted in the too fertile soil of American industry. I have dwelt, but briefly, upon the simple fact that we of the older orders have come to find out something about that planting and the manner of the growth.

I turn with something like dismay from a sketch of the methods of the culture of this growth. For it is watered with the bloody sweat of labour and the salt tears of bitter poverty and suffering; and it is fertilized with the dead bodies of men and women outworn in the grim battle of life. Tended and watched it is by a foul horde of underlings, hired judges in the law, panders in politics, prostitutes in the pulpit, lickspittles in college chancelleries, Judases in the press, blackmailers in business, and miserable, time-serving parasites clinging like filthy leeches upon the administrative bodies of the nation.

To my mind, as I have studied this question, there has come a sad conviction: This nation is betrayed. The planting of the seed of our industrial system, whose fine flower has been reached in our class of idle rich, was quite possible without any betrayal of the people. Even its growth for two decades was possible without a conscious effort on the part of the keepers of the public citadels to throw open the doors to a public enemy. May a thinking man dare to say that the growth of this system since 1890 could have been possible without criminal negligence on the part of those public servants sworn to guard the true and lawful interests of the people of this nation?

For it was perfectly evident, years ago, that the industrial evolution of this country was a process of exploitation. It was the knowledge of this fact that lay behind the Sherman Law of 1890; and again the Interstate Commerce Act, which sought to restrain, to a limited extent at least, the boundless license to plunder which had been taken unto themselves by the railroads. No broad-minded man can read with an open mind the facts with regard to the Homestead strike, the Pullman strike, the war in the Cœur d’Alene, or the coal strike of very recent years, without coming to the conclusion that no matter who was in the wrong in the immediate circumstances leading to those national catastrophes, the real underlying cause was a revolt on the part of a subjugated people against the hardships of industrial slavery.

Without going into details, let us examine, in the light of history, a few of the cardinal facts that have so far made possible a continuance, indeed, a constant widening and deepening, of this process of exploitation. Let us remember always, as we face the facts, that the primary cause of this condition lay in that evolution, which was probably inevitable, from the household stage of manufacturing in this country to the stage that is represented by the modern trust. That evolution stands to-day completed. It was, as a matter of fact, completed on the day when the American Sugar Refining Company assumed the dominating position in the sugar trade. Subsequent developments have been but a repetition, sometimes on a larger scale, sometimes on a smaller, of that climax. What, then, makes possible the continuance of this process in the face of the ever-growing public knowledge of its existence?

The answer is our public shame. This process, openly recognized by the public, thoroughly analyzed day by day and year by year by brilliant writers in press and periodical, exposed again and again in excellently written books by college economists, has gone on and on through climax after climax for the simple reason that the one power in the world that could stop it—the will of the American people—has been turned from its purpose, defeated in its honest efforts, and betrayed in its administration, through the fact that in our democratic political world the power of mobilized wealth has been sufficient to restrain the hands of our political parties and prevent the striking of the blows that would have put an end to the process. To-day, in America, the people elect their statesmen; but the exercise of the people’s power through these statesmen is curbed, directed, and controlled by groups of moneyed interests. This is a statement that many will challenge; it is a statement that cannot be proved or disproved. I give it as my opinion, based upon long, careful study, and based, too, on personal knowledge.

America, then, is a plutocracy. Always politically, the power of a plutocracy depends upon the maintenance of the status quo. It has come into being through the operation of certain industrial or commercial conditions. It lives by virtue of the continuance of those conditions, and by virtue of their freedom from attack by the one power strong enough to destroy them—namely, the people.

To maintain this status quo has been the gigantic task successfully carried out by the financial interests of the United States. It is not my intention—indeed, it is not within my power—to go into any complete details of the methods and machinery used for this end. It has not all been accomplished, by any means, through direct political corruption, though much of it has been accomplished in that way. The few scattered and unimportant instances of conviction are enough by themselves, without going into surmise at all, to establish the fact that in almost every state of the Union, and at the seat of the central government itself, there has been for thirty years past widespread corruption of political parties.

Deeper than this, more sinister even than the most recent example of an administrative officer bound like a slave to the wheel of his master’s chariot, has been the indirect subornation of public opinion through a subsidized press, subsidized pulpits, and subsidized public speakers. We have heard a great deal of demagogues and wicked Socialistic leaders of the mob. We do not hear much of that other phenomenon, the oily sycophant who talks to the people with words of cheer and paragraphs of exhortation, having in his mind always the one single idea how best he may serve the moneyed interests that stand behind him.

It is strange to me, and it has always been strange to other men who have studied these things, that the interests of a plutocracy can be so long maintained; for a plutocracy, of its very nature, is the weakest possible form of government. It lives either by force or by fraud. It lived in Rome before the days of Marius by force alone; and the lower orders of Rome were slaves. It lived in Paris before the Terror, by a combination of force and fraud; and the lower orders of France became fiendish brutes. It lives in America by fraud alone; and what may we say of the people of this nation who permit it to live?