"Very true," said the doctor. "Alexander and Napoleon mistook their trade; they should have been bankers, not soldiers. But, indeed, the time was not in their day ripe for a world-wide money dynasty, such as we have been speaking of. Kings had a rude way of interfering with the so-called rights of property when they conflicted with royal prestige or produced dangerous popular discontent. Tyrants themselves, they did not willingly brook rival tyrants in their dominions. It was not till the kings had been shorn of power and the interregnum of sham democracy had set in, leaving no virile force in the state or the world to resist the money power, that the opportunity for a world-wide plutocratic despotism arrived. Then, in the latter part of the nineteenth century, when international trade and financial relations had broken down national barriers and the world had become one field of economic enterprise, did the idea of a universally dominant and centralized money power become not only possible, but, as Julian has said, had already so far materialized itself as to cast its shadow before. If the Revolution had not come when it did, we can not doubt that something like this universal plutocratic dynasty or some highly centered oligarchy, based upon the complete monopoly of all property by a small body, would long before this time have become the government of the world. But of course the Revolution must have come when it did, so we need not talk of what would have happened if it had not come." CHAPTER XVI. AN EXCUSE THAT CONDEMNED. "I have read," said Edith, "that there never was a system of oppression so bad that those who benefited by it did not recognize the moral sense so far as to make some excuse for themselves. Was the old system of property distribution, by which the few held the many in servitude through fear of starvation, an exception to this rule? Surely the rich could not have looked the poor in the face unless they had some excuse to offer, some color of reason to give for the cruel contrast between their conditions." "Thanks for reminding us of that point," said the doctor. "As you say, there never was a system so bad that it did not make an excuse for itself. It would not be strictly fair to the old system to dismiss it without considering the excuse made for it, although, on the other hand, it would really be kinder not to mention it, for it was an excuse that, far from excusing, furnished an additional ground of condemnation for the system which it undertook to justify." "What was the excuse?" asked Edith.