The Atlantic Monthly, Volume 15, No. 89, March, 1865: A Magazine of Literature, Art, and PoliticsVarious
General
The Atlantic Monthly, Volume 15, No. 89, March, 1865: A Magazine of Literature, Art, and Politics
Various
American periodicals
The European nations are kept in order by what is called the Balance of
Power, and this policy they would delight to see established on this
continent. Should the different States of the American Union be
occupied, like the European states, in checking each other, they could
not act as a unit, and their terrific rate of growth in wealth and
population, as compared with that of the nations across the Atlantic,
would not excite in the latter such irritation and alarm. The magic
which has changed English abolitionists into partisans of slaveholders,
and French imperialists into champions of insurrection, came from the
figures of the Census Reports. It is calculated that the United States,
if the rate of growth which obtained between 1850 and 1860 is continued,
will have, forty years hence, a hundred millions of inhabitants, and
four hundred and twenty thousand millions of dollars of taxable
wealth,--over three times the present population, and over ten times the
present wealth, of the richest of European nations. It is probable that
this concrete fact exerts more influence on the long-headed statesmen of
Europe than any abstract dislike of democracy. The only union which they
could bring against such a power would be a league, a confederacy, a
continuous and subsisting treaty, between sovereign powers. Is it
surprising that they should wish our union to be of the same character?
Is it surprising that the contemplation of a government, whether
despotic or democratic, which could act directly on a hundred millions
of people, with the supreme right of taxing property to the amount of
four hundred and twenty billions of dollars, should fill them with
dismay?
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