From that day forth the popular voice was strangled into silence. The
next administration (that of 1888) was prepared in the same manner.
Wall Street has no politics except the politics of the bond; it has no
platform except the platform of cent per cent. It suffices that when a
president is to be elected he shall be one of us. He shall not be a
man of the people; else in that case he would be a demagogue, a
windbag, a _vox et præterea nil_. _Our_ man shall not even know the
despised people. He shall not smell of the filthy ground, but must be
"sound" on questions of finance. If he be not "sound," we will make
him so. We will teach him his paces. If the people conclude to change
their government, we will see to it that the incoming powers are just
like the outgoing. As for the "principles" on which the candidate
shall be chosen, we will attend to that. We will make his principles
for him. We understand principles perfectly. We will fix the platform;
we know the carpenters. If the candidate and his friends have already
fixed a platform before the date of the convention, and if it have
been published everywhere as the decision of the candidate and his
following, we will take that platform from the wires and will
carefully revise it, to the end that the "national honor" shall be
preserved. We will write it over again into new meanings. We will
interpret it so that no harm shall be done to the "national credit."
We will make our candidate into a puppet. When we put our foot on the
treadle his jaw shall drop and he shall utter many mocking words about
the "national honor" and the "prospects of our glorious
country"--signifying nothing.
All this we will do for the public good. We will say that we are
striving for national prosperity. We will proclaim our candidate as
the advance agent of prosperity--until after the election. Then we
will say that prosperity will come with the inauguration. Then we will
say that it will shine out promptly when Congress adjourns and ceases
to menace the national credit. Then we will say that prosperity will
reveal itself when the hot season is over. By this time the hoodwinked
people can be coddled to sleep, or else set to dancing with rumors of
foreign wars. To this end we will have our newspapers carefully
promote our principles and studiously avoid all reference to those
subjects in which the people feel the deepest concern. Finally, we
will omit all these matters from our history of "Wall Street, Past;"
we will proceed to speak of our "Wall Street, Present," and will
explain that it is in a state of "lassitude and expectancy." Indeed
"lassitude and expectancy" is good.
Public-domain text, read in full here on John Shaqi.
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