From free land to free air, movement and change have produced a vast amount of wealth in America. Because land could not be the exclusive base of riches, wealth in America began to take on many meanings and, for the first time in history, a wealthy people began to emerge, instead of a wealthy nation. We were, in the economist's sense, always a wealthy nation. The overpowering statistics of our share of all the world's commodities are often published because we are not afraid of the envy of the gods; of coal and iron and most of the rarer metals used to make steel, we have an impressive plenty; of food and the materials for shelter and clothing, we can always have enough; from South America, we can get foods we cannot raise but have become accustomed to use; of a few strategic materials in the present war economy, we have nothing; except for these, we are copiously supplied; but we should still be poor if we lacked ability and knack and desire to make the raw materials serviceable to all of us. So that our power to work, our way of inventing a machine, our habit of letting nearly everybody in on the good things of life, is specifically a part of our wealth. We have a tradition about wealth, too. The Government, to some degree, has always tried to rectify the worst inequalities of fortune; and the people have done their share: they have not long tolerated any artificial bar to enterprise. "_Rugged Individuals_" Government's care of the less fortunate struck some twenty million Americans as something new and dangerous in the early days of the Hoover depression, and in the sudden upward spiral of the first New Deal. Perhaps the most hackneyed remark was that "real Americans" would reject Federal aid--a pious hope usually bracketed with remarks about Valley Forge. It was forgotten that the men who froze and swore at Valley Forge demanded direct Government aid the moment the Republic was established; and that the Cumberland Road, the artery from Fredericksburg, Maryland to Uniontown, Pennsylvania, was built by the Government of the United States for its citizens. Government gave bounties and free land; Government gave enormous sums of money to industry by way of tariff, and gave 200 million acres of land to railroads. There was never a time when the Federal Government was not giving aid, in one form or another, to some of the citizens. The outcry when Government attempted to save _all_ the citizens indicated an incomplete knowledge of our history. In particular, the steady reduction of the price of land was a subsidy to the poor, a chance for them to start again. The country, for all its obedience to financial power, never accepted the theory of inevitable poverty. After the era of normalcy, when the New Deal declared that one-third of a nation was ill clothed and ill fed, the other two-thirds were astonished--and not pleased; the fact that two-thirds had escaped poverty--the almost