“When the public deliberates concerning any regulation of commerce or police, the proprietors of land never can mislead it, with a view to promote the interest of their own particular order; at least, if they have any tolerable knowledge of that interest. They are, indeed, too often defective in this tolerable knowledge. They are the only one of the three orders whose revenue costs them neither labour nor care, but comes to them, as it were, of its own accord, and independent of any plan or project of their own. That indolence, the natural effect of the ease and security of their situation, renders them too often not only ignorant, but incapable of the application of mind necessary in order to foresee and understand the consequences of any public regulation.”
—Adam Smith.
Chapter Nine
THE SOCIAL NEMESIS
I have shown, in the previous chapter, how futile and empty are most of the struggles toward charity and reform carried on by the wealthy class. This brings me, in my train of thought, to one of the most melancholy reflections that can be conceived. It has come to me very often, under all sorts of circumstances.
The fact of the matter is that wealthy Society in America, as everywhere else, is pursued by a demon of futility. It does not matter what we do, whether we work like any other man or woman, whether we play like normal men, whether we study, whether we idle, or whether we work as other men, or fritter away our time in idleness; whether we spend our money on charity and reforms, or throw it away in the pursuit of pleasure; whether we study hard and seriously, or merely regale our minds and appetites with frivolous novels and salacious plays; whether we play or whether we don’t—nothing seems real, nothing seems earnest, nothing has any result. Too often our lives are empty of anything permanent, anything honest, anything simple and human.
We live in a world of dreams, peopled with passing phantoms—men and women that come and go and leave in our hearts no trace of real affection, no honest, sincere, and heart-felt impulse of friendship, no lasting shadow of reality. It all seems sham and pretence. It cloys in time, and often in sheer desperation we plunge into extremes for which we have no genuine taste, no real desire, no inborn impulse at all.
But of all the futile things in the world none is more futile than wealth itself. If you rest on the things you have won, and set yourself down in idleness to enjoy them, they turn to ashes on your lips. They are flat, tasteless, like fruit picked long ago. I remember an incident in which I took a part, not very long ago, that showed me the opposite results in all its horrid semblance.
I was at a very brilliant social function in the London social world. I met at that reception a woman whose name I had heard as a household word in Society for many years. She was esteemed a brilliant woman; she was reckoned a leader in the most splendid Society of the world. She was wealthy beyond all human need. She occupied a powerful place in a political world where everything human had its part. She was a companion of princes and the equal of peers. We were talking alone, immediately after our introduction, when she said:
“Oh, Mr. Martin, you are an American. You are a Wall Street man. You could help me to get some of your American gold!”