Presidential addresses and state papers, Volume 4 (of 7)Roosevelt, Theodore
History
Presidential addresses and state papers, Volume 4 (of 7)
Roosevelt, Theodore
Roosevelt, Theodore, 1858-1919; United States -- Politics and government -- 1901-1909
To furnish in your lives such a realized high ideal is to do a great
service to the country. The chief harm done by the men of swollen
fortune to the community is not the harm that the demagogue is apt to
depict as springing from their actions, but the fact that their success
sets up a false standard, and so serves as a bad example for the rest
of us. If we did not ourselves attach an exaggerated importance to
the rich man who is distinguished only by his riches, this rich man
would have a most insignificant influence over us. It is generally
our own fault if he does damage to us, for he damages us chiefly by
arousing our envy or by rendering us sour and discontented. In his
actual business relations he is much more apt to benefit than harm the
rest of us; and though it is eminently right to take whatever steps
are necessary in order to prevent the exceptional members of his class
from doing harm, it is wicked folly to let ourselves be drawn into any
attack upon the man of wealth merely as such. Moreover, such an attack
is in itself an exceptionally crooked and ugly tribute to wealth, and
therefore the proof of an exceptionally ugly and crooked state of
mind in the man making the attack. Venomous envy of wealth is simply
another form of the spirit which in one of its manifestations takes the
shape of cringing servility toward wealth, and in another the shape
of brutal arrogance on the part of certain men of wealth. Each one of
these states of mind, whether it be hatred, servility, or arrogance,
is in reality closely akin to the other two; for each of them springs
from a fantastically twisted and exaggerated idea of the importance
of wealth as compared to other things. The clamor of the demagogue
against wealth, the snobbery of the social columns of the newspapers
which deal with the doings of the wealthy, and the misconduct of those
men of wealth who act with brutal disregard of the rights of others,
seem superficially to have no fundamental relation; yet in reality they
spring from shortcomings which are fundamentally the same; and one of
these shortcomings is the failure to have proper ideals.
Public-domain text, read in full here on John Shaqi.
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