Not all previous history has a greater economic change to show than the latter half of the nineteenth century, which converted all the leading countries from nations of small capitalists into nations of hired employees. Even such a far-sighted and broad-minded statesman as Lincoln, for example, had no idea of the future of his country, and regarded the slaveowners and their supporters as the only classes that dreamed that we could ever become a nation of "hired laborers" (the capitalism of to-day), any more than we could remain in part a nation of "bought laborers." Lincoln puts a society based on hired labor in the same class with a society based on owned labor, on the ground that both lead to an effort "to place capital on an equal footing, if not above labor in the structure of the government." This effort, marked by the proposal of "the abridgment of the existing right of suffrage and the denial to the people of the right to participate in the selection of public officers except the legislative" (so similar to tendencies prevailing to-day), he calls "returning despotism." And so inevitable did it seem to Lincoln that a nation based on hired labor would evolve a despotic government, that he fell back on the fact that the population was composed chiefly not of laborers, but of small capitalists, and would probably remain so constituted, as the only convincing ground that our political democracy would last. In a word, our greatest statesman recognized that our political democracy and liberty were based on the wide distribution of the land and other forms of capital. (See Lincoln's Message of December 3, 1861.) If Lincoln foresaw no class struggle between "hired labor" and the "returning despotism," this was only because he mistakenly expected that the nation would continue to consist chiefly of small capitalists. Yet his conclusions and those of his contemporaries, so clearly limited to conditions that have passed away, are taught like a gospel to the children in our public schools to-day. The present generation, however, is slowly realizing, through the development of organized capitalism in industry and government, and the increase of hired laborers, that it is not nature alone that civilization must contend against, not merely ignorance or poverty or the backwardness of material development, but, more important than all these, the systematic opposition of the employing and governing classes to every program of improvement, except that which promises still further to increase their own wealth and power.