To diagnose the disease and prescribe a remedy were no easy task. There is infinitely more the matter than a maladjustment of the tariff, inflated railway stocks or a dearth of white dollars. It is a most difficult, a wonderfully intricate problem--one entirely without precedent. The rapid development of America; the still more remarkable advancement in the science of mechanics, conjoined to a political organism not yet fully developed, but half understood, yet marking an epoch in man's social progress; commercial customs of by-gone days surviving in the midst of much that is new--really when you come to think of it you may well wonder that we have got thus far without more than one great convulsion! Clearly it is no place for catholicons. That a comparatively small class of men are absorbing the wealth of the country as fast as it is produced, leasing to those who create it scarce a bare subsistence, is patent to all; that the vast body of the people, clothed with political power and imbued with the spirit of "equality," will not permit such conditions to long continue, any thoughtful man will concede. Even in European countries, where the working people have come to regard privileged classes as a matter of course, there are mutterings of a coming storm that will only gather fresh terrors by delay. In Europe the change will probably be wrought by revolution; in America it may be achieved by peaceful evolution if the moneyed aristocracy does not, with its checks and repressions--with its corrupted judiciary, purchased legislators and obsequious press--drive a people, already sorely vexed, to unreasoning madness. . . . What shall we do? We must avoid the two extremes--that of the radical reformer and the apostle of laissez faire. We will find a middle course safest and best--will need to proceed with caution, but by no means with cowardice. The politico-economic school that would at once change the existing order of things with as much sang-froid as a miller substitutes steam for water-power forgets that society is not a machine; that it was not made to order like a newspaper editorial, and that to attempt by a radical process to make it other than what it is--to change its genius arbitrarily--were as fatuous as trying to transform a wolf into a watchdog by a chemical process or surgical operation. But while the radical "reformer"--the man who would ignore the lessons of history and launch boldly out upon the tempestuous sea of experimentalism--is one dangerous extreme, we must remember that it is not the only one. In avoiding Scylla we must not forget Charybdis. If we are to look ever to the past, to make no experiments, to become the bondslaves of precedent, then progress is at an end and society must petrify, retrograde or consume itself in fierce fire whirlwinds.