After the magnificent epic of Simon Bolivar, which M. Calderon recalls with the enthusiasm of gratitude, there commenced a troublous era of military anarchy. The ambition of the _caudillos_ rent South America and multiplied her states. But the soul of germinating nationalities was steeped in the blood of battles, and in the heart of each people a national conscience was awakened. This was the troublous epoch of wars and revolutions. The South American lived a life of danger, like the Florentine of the Renaissance or the Frenchman of the Terror; but presently, in the shadow of military power, wealth was evolved and order established; property became more secure, and existence more tame and normal; it was the advent of industry, commercialism, and peace. It seems to me that M. Calderon rather regrets having been born too late into a world already too old. What he terms the twilight of the _caudillos_ fills him with a melancholy nostalgia for the bygone days. The tyrants, who were as a rule supported by the negroes and half-castes, helped to destroy racial differences and oligarchies. They have thus founded democracies which the liberal mind of M. Calderon cannot regard without goodwill, but which, to his mind, are too far lacking in the sense of solidarity; they are clumsy, inorganic, incapable of associating human effort; the rivalry of families and the hatred of factions absorbs and disturbs them, as it did the mediæval republics, and under the brilliant polish of French ideals they mask a confused medley of Europeans and Indians, Asiatics and Africans. In these turbulent republics, however, M. Calderon is able clearly to perceive the reassuring symptoms {12} of a powerful vitality, and he does not despair of seeing them profit in the near future by the influence of Latin discipline. From the scholastic erudition of the colonial epoch, he attentively follows the intellectual evolution of the South American populations, through the troublous mists of political ideology, to the hitherto pallid imitations of European philosophies. Despite the diversity of races intermingling in the southern continent, he is convinced that the constant and secular action of the Roman law, a common religion, and French ideals, has given these young republics a Latin conscience, intangible and sacred. And he expresses the hope, very wisely and reasonably, that the peoples of South America will continue in the path of self-improvement without breaking with the traditions that are natural to them, and without subjecting themselves to alien influences.