The break occurred because the reformist, comparatively radical party
was in power in 1918 when the war ended; all radicalism was
discredited by the rise of Bolshevism in Russia, with its implied
threat to the sanctity of property. Disappointment in the outcome of
the war, Wilson's maladroit handling of the League of Nations, and his
untimely illness, doomed the Democratic Party to impotence and the
Republicans to reaction, which is often worse. So there could be no
effective, respectable party agitating for reform, for a saner
distribution of the pleasures and burdens of citizenship; in the years
that followed, certain social gains were kept, some laws were passed
by the momentum gained in the past generation, but the characteristic
events were the Ohio scandals, the lowering of income taxes in the
highest brackets, the failure of the Child Labor Amendment, and the
heartfelt, complete abandonment of America to normalcy--a condition
totally abnormal in American history.
It is interesting to note that the only reformer of this period was
the prohibitionist; the word changed meaning; a derisive echo clings
to it still. The New Deal hardly ever used the word; and the reformers
of the New Deal were called revolutionists because reform was no
longer in the common language--or perhaps because reforms delayed
_are_ revolutionary when they come.
The disappearance of liberalism as an active political force left a
vacuum; into it came, triumphantly, the wholly un-American normalcy of
Harding and Coolidge and, in opposition, the wholly un-American
radicalism of the Marxists; the Republicans gave us our first touch of
true plutocracy and the Reds our most effective outburst of debunking.
Between them they almost ruined the character of an entire generation.
For 150 years the United States had tried to do two things: first,
allow as many people as possible to make as much money as possible and,
second, prevent the rich from acquiring complete control of the
Government. As each new source of power grew, the attempt to limit kept
pace with it; under Jackson, it was the banking power that had to be
broken; under Lincoln the manufacturing power was somewhat balanced if
not checked by the grant of free land; the Interstate Commerce
Commission regulated rates and reduced the power of the railroads; the
Sherman Act, relatively ineffective, was directed against trusts;
changes in tariff laws occasionally gave relief to the victims of
"infant industries". Under Theodore Roosevelt the railroads and the
coal mine owners were held back and a beginning made in the recognition
of organized labor; under Wilson the financial power was seriously
compromised by the Federal Reserve Act, and industrial-financial power
was balanced, a little, by special legislation for rural banking; under
Taft the Income Tax Amendment was passed and an effort made to deduct
from great fortunes a part of the cost of the Government which
protected those fortunes.
_Robbers and Pharisees_
Public-domain text, read in full here on John Shaqi.
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