“The poor dumb beast of humanity rose, and the throne tumbled, and the sceptre was broken, and the crown rolled away into that darkness of the past. We thought that heaven had descended to us, and that liberty, equality, and fraternity were ours. We could not see what should again alienate us from one another, or how one brother could again oppress another. With a free field and no favor we believed we should prosper on together, and there would be peace and plenty for all. We had the republic again after so many ages now, and the republic, as we knew it in our dim annals, was brotherhood and universal happiness. All but a very few, who prophesied evil of our lawless freedom, were wrapped in a delirium of hope. Men’s minds and men’s hands were suddenly released to an activity unheard of before. Invention followed invention; our rivers and seas became the warp of commerce where the steam-sped shuttles carried the woof of enterprise to and fro with tireless celerity; machines to save labor multiplied themselves as if they had been procreative forces, and wares of every sort were produced with incredible swiftness and cheapness. Money seemed to flow from the ground; vast fortunes ‘rose like an exhalation,’ as your Milton says.

“At first we did not know that they were the breath of the nethermost pits of hell, and that the love of money, which was becoming universal with us, was filling the earth with the hate of men. It was long before we came to realize that in the depths of our steamships were those who fed the fires with their lives, and that our mines from which we dug our wealth were the graves of those who had died to the free light and air, without finding the rest of death. We did not see that the machines for saving labor were monsters that devoured women and children, and wasted men at the bidding of the power which no man must touch.

“That is, we thought we must not touch it, for it called itself prosperity and wealth and the public good, and it said that it gave bread, and it impudently bade the toiling myriads consider what would become of them if it took away their means of wearing themselves out in its service. It demanded of the state absolute immunity and absolute impunity, the right to do its will wherever and however it would, without question from the people who were the final law. It had its way, and under its rule we became the richest people under the sun. The Accumulation, as we called this power, because we feared to call it by its true name, rewarded its own with gains of twenty, of a hundred, of a thousand per cent., and to satisfy its need, to produce the labor that operated its machines, there came into existence a hapless race of men who bred their kind for its service, and whose little ones were its prey almost from their cradles. Then the infamy became too great, and the law, the voice of the people, so long guiltily silent, was lifted in behalf of those who had no helper. The Accumulation came under control for the first time, and could no longer work its slaves twenty hours a day amid perils to life and limb from its machinery and in conditions that forbade them decency and morality. The time of a hundred and a thousand per cent. passed; but still the Accumulation demanded immunity and impunity, and, in spite of its conviction of the enormities it had practised, it declared itself the only means of civilization and progress. It began to give out that it was timid, though its history was full of the boldest frauds and crimes, and it threatened to withdraw itself if it were ruled or even crossed; and again it had its way, and we seemed to prosper more and more. The land was filled with cities where the rich flaunted their splendor in palaces, and the poor swarmed in squalid tenements. The country was drained of its life and force, to feed the centres of commerce and industry. The whole land was bound together with a network of iron roads that linked the factories and founderies to the fields and mines, and blasted the landscape with the enterprise that spoiled the lives of men.

“Then, all at once, when its work seemed perfect and its dominion sure, the Accumulation was stricken with consciousness of the lie always at its heart. It had hitherto cried out for a free field and no favor, for unrestricted competition; but, in truth, it had never prospered except as a monopoly. Whenever and wherever competition had play there had been nothing but disaster to the rival enterprises, till one rose over the rest. Then there was prosperity for that one.

“The Accumulation began to act upon its new consciousness. The iron roads united; the warring industries made peace, each kind under a single leadership. Monopoly, not competition, was seen to be the beneficent means of distributing the favors and blessings of the Accumulation to mankind. But, as before, there was alternately a glut and dearth of things, and it often happened that when starving men went ragged through the streets the storehouses were piled full of rotting harvests that the farmers toiled from dawn till dusk to grow, and the warehouses fed the moth with the stuffs that the operative had woven his life into at his loom. Then followed, with a blind and mad succession, a time of famine, when money could not buy the super-abundance that vanished, none knew how or why.

“The money itself vanished from time to time, and disappeared into the vaults of the Accumulation, for no better reason than that for which it poured itself out at other times. Our theory was that the people—that is to say, the government of the people—made the people’s money, but, as a matter of fact, the Accumulation made it and controlled it and juggled with it; and now you saw it, and now you did not see it. The government made gold coins, but the people had nothing but the paper money that the Accumulation made. But whether there was scarcity or plenty, the failures went on with a continuous ruin that nothing could check, while our larger economic life proceeded in a series of violent shocks, which we called financial panics, followed by long periods of exhaustion and recuperation.

“There was no law in our economy, but as the Accumulation had never cared for the nature of law, it did not trouble itself for its name in our order of things. It had always bought the law it needed for its own use, first through the voter at the polls in the more primitive days, and then, as civilization advanced, in the legislatures and the courts. But the corruption even of these methods was far surpassed when the era of consolidation came, and the necessity for statutes and verdicts and decisions became more stringent. Then we had such a burlesque of—”

“Look here!” a sharp, nasal voice snarled across the rich, full pipe of the Altrurian, and we all instantly looked there. The voice came from an old farmer, holding himself stiffly up, with his hands in his pockets and his lean frame bent toward the speaker. “When are you goin’ to get to Altrury? We know all about Ameriky.”

He sat down again, and it was a moment before the crowd caught on. Then a yell of delight and a roar of volleyed laughter went up from the lower classes, in which, I am sorry to say, my friend the banker joined, so far as the laughter was concerned. “Good! That’s it! First-rate!” came from a hundred vulgar throats.

“Isn’t it a perfect shame?” Mrs. Makely demanded. “I think some of you gentlemen ought to say something. What will Mr. Homos think of our civilization if we let such interruptions go unrebuked?”