It was an autumn flowering, rich and golden like the Indian summer of New England culture, a sign that a cycle was run. Adams sniffing from the transcendental heights of Boston wrote: "a race of mere money-getters and traders." Remember the sneers in our cocksure press of those days at the "culture" of Boston? Boston has had its revenge. The words "mere money-getters" bit in. There were other objects in life beside pioneering the industrial opportunities of a whole continent just brought together into commercial unity. Mr. Morgan began to buy art. Mr. Carnegie began to buy libraries and started authorship himself. The men "'big' financially" began to look over their shoulders and see the shadows--as we all do now--where they a little before kept their eyes straight forward and saw the one clear vision, the truth, such as it was, that made them free. I have traced that element in the American political consciousness, government by business, to its highest moment. "Divine right" is only safe when it is implicit. When you begin to avow it, as Mr. Baer did, it is already in question. The national passion for equality began to work. Had not Mr. Carnegie confessed the weakness in his soul's fortress by writing a book? Had not Mr. Morgan by buying art suggested the one aim of pioneering on a grand scale might not be life's sole end? Mr. Baer with his avowal, Mr. Carnegie and Mr. Morgan with their seeking of the broader satisfactions, Mr. Schwab behaving like a king in exile at the gaming tables of Monte Carlo, may have invited what followed. But they were only expressing in their own way the sense becoming general that pioneering was over and that its ideals were too narrow and too few--even if no clear sense was coming of what state and what ideals were to take their place. Men turn from leaders whose day of greatest usefulness is past and set up new leaders against them. Against the government by business the first great national unity that entered the American consciousness they began to erect the state, the national government at Washington. No one meant to end government by business and substitute for it government by the people. Not for a moment. We devised a new set of checks and balances, like that between the various branches provided for in our Constitution, a new political organism which should equal and coexist with the one we already had. The government personified by Mr. Roosevelt was the check and balance to the government personified by Mr. Harriman and Mr. Morgan. Governments never die but merely recede in the national consciousness, like the old clothes which we keep in the attic. Thus revolutions never effect a revolution; democracy is only a Troy built upon nine other prehistoric Troys: beneath, you find aristocracy, rule by divine right, despotism, theocracy, and every other governance on which men in their invincible optimism have pinned their faith.