Social sciences; United States -- Politics and government -- 1901-1909
¶Take such a question, for instance, as the question, or rather the
group of questions, connected with the growth of corporations in this
country. This growth has meant, of course, the growth of individual
fortunes. Undoubtedly the growth of wealth in this country has had some
very unfortunate accompaniments, but it seems to me that much the worse
damage that people of wealth can do the rest of us is not any actual
physical harm, but the awakening in our breasts of either the mean vice
of worshipping mere wealth, and the man of mere wealth, for the wealth’s
sake, or the equally mean vice of viewing with rancorous envy and hatred
the men of wealth merely because they are men of wealth.
¶Envy is, of course, merely a kind of crooked admiration, and we often
see the very man who in public is most intemperate in his denunciation
of wealth in his private life most eager to obtain wealth, in no matter
what fashion, and at no matter what moral cost.
¶It is impossible too strongly to insist upon what ought to be the
patent fact that it is not only in the interest of the people of wealth
themselves, but in our interest, in the interest of the public as a
whole, that they should be treated fairly and justly; that if they show
exceptional business ability they should be given exceptional reward for
that ability.
¶The tissues of our industrial fabric are interwoven in such complex
fashion that what strengthens or weakens part also strengthens or
weakens the whole.
¶If we penalize industry we will ourselves in the end have to pay a
considerable part of the penalty. If we make conditions such that the
men of exceptional ability are able to secure marked benefits by the
exercise of that ability, then we shall ourselves benefit somewhat. It
is our interest no less than our duty to treat them fairly.
¶On the other hand, it is no less their interest to treat us fairly—by
“us” I mean the great body of the people, the men of moderate or small
fortunes, the farmers, the wage-workers, the smaller business men and
professional men.
¶The man of great means who achieves fortune by crooked methods does
wrong to the whole body politic. But he not merely does wrong to, he
becomes a source of imminent danger to other men of great means; for his
ill-won success tends to arouse a feeling of resentment, which if it
becomes inflamed, fails to differentiate between the men of wealth who
have done decently and the men of wealth who have not done decently.
¶The conscience of our people has been deeply shocked by the revelations
made of recent years as to the way in which some of the great fortunes
have been obtained and used, and there is, I think, in the minds of the
people at large a strong feeling that a serious effort must be made to
put a stop to the cynical dishonesty and contempt for right which have
thus been revealed.
Public-domain text, read in full here on John Shaqi.
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