The Arena, Volume 18, No. 92, July, 1897 — John Shaqi
The Arena, Volume 18, No. 92, July, 1897Various
History
The Arena, Volume 18, No. 92, July, 1897
Various
American literature -- Periodicals
Mr. Clews tells us that the "Future" of Wall Street is a sealed book;
and yet we may allow that "there is such a thing as an accurate
prevision of events." Of this kind are eclipses, occultations, and
tides of the sea. If the capital of Wall Street has, since the
institution was founded, increased more than sixtyfold, as Mr. Clews
declares, then we may expect it, according to his philosophy, to
increase full sixty times sixty, until the world shall be swallowed
up. Then, when Threadneedle and Lombard Streets shall have lost their
sceptre; then, when Seneca's forecast of the time to come shall have
been fulfilled; then, when Macaulay's New Zealander shall have made
his sketch, not only of St. Paul's, but also of the bank of England;
then, when _all_ the wealth, and _all_ the power, and _all_ the
functions of civil society in the United States shall have been
transferred to Wall Street; then, when nothing shall remain to the
American people except their squalid huts and the sorrowful
reminiscences of a great republic; then, when Wall Street in very
truth shall have possessed itself of the earth and consumed
mankind,--I suppose that the benevolent owners of the world will found
a few libraries, build a few marble mausoleums for themselves, and
sally forth to establish a stock exchange in Mars! That done,
interplanetary wars may be engendered, bonds on the solar system may
be issued and bought at half price, a gold standard of values may be
fixed on the basis of the pound sterling good from the sun out to
Neptune, and the inhabitants of the worlds, either by arms or by
journalism, may become the helots of consolidated wealth enthroned as
the governing power of the universe.
THE REFORM CLUB'S FEAST OF UNREASON.
BY HON. CHARLES A. TOWNE,
_Chairman Provisional National Committee Silver Republican Party._
On Saturday evening, April 24, 1897, at the Waldorf Hotel, New York,
there was held a political banquet intended as a most impressive
function, but which has passed into history as a very ridiculous one.
Big with self-complacence and puffed with pride, as it appeared in the
brilliant lights and gorgeous appointments of the palatial
supper-hall, within twenty-four hours the lacerating indignation of
Mr. Watterson and the trenchant raillery of Mr. Bryan had let the
tumid pretentiousness all out of it, and it had collapsed into a
flaccid and "innocuous desuetude." The "star-eyed goddess" turned her
back upon it, the "wild-orbed anarch" snapped his fingers at it, and
even everyday Mrs. Grundy laughed it to scorn. Projected with the most
alluring and satisfying expectations, the feast has dwindled to the
memory of a sad mistake in the mind of every man that assisted at it.
Planned as a sort of coronation ceremony, its completed performance
unaccountably wore the complexion of belated obsequies irreverently
disturbed by the guffaws of the multitude.
Public-domain text, read in full here on John Shaqi.
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