"Simply the fact that it marked in a rather distinct way the beginning of a period of economic distress among the American people, which continued, with temporary and partial alleviations, until the overthrow of private capitalism. The popular discontent resulting from this experience was the provoking cause of the Revolution. It awoke Americans from their self-complacent dream that the social problem had been solved or could be solved by a system of democracy limited to merely political forms, and set them to seeking the true solution. "The economic distress beginning at the last third of the century, which was the direct provocation of the Revolution, was very slight compared with that which had been the constant lot and ancient heritage of other nations. It represented merely the first turn or two of the screw by which capitalism in due time squeezed dry the masses always and everywhere. The unexampled space and richness of their new land had given Americans a century's respite from the universal fate. Those advantages had passed, the respite was ended, and the time had come when the people must adapt their necks to the yoke all peoples before had worn. But having grown high-spirited from so long an experience of comparative welfare, the Americans resisted the imposition, and, finding mere resistance vain, ended by making a revolution. That in brief is the whole story of the way the great Revolution came on in America. But while this might satisfy a languid twentieth-century curiosity as to a matter so remote in time, you will naturally want a little more detail. There is a particular chapter in Storiot's History of the Revolution explaining just how and why the growth of the power of capital provoked the great uprising, which deeply impressed me in my school days, and I don't think I can make a better use of a part of our short time than by reading a few paragraphs from it." And Edith having brought the book from the library--for we still sat at the tea table--the doctor read: "'With reference to the evolution of the system of private capitalism to the point where it provoked the Revolution by threatening the lives and liberties of the people, historians divide the history of the American Republic, from its foundation in 1787 to the great Revolution which made it a true republic, into three periods.