The Passing of the Idle RichMartin, Frederick Townsend
History
The Passing of the Idle Rich
Martin, Frederick Townsend
Rich people -- United States; United States -- Social conditions -- 1865-1918; Wealth -- United States
But a very few years ago we would have visited the mines of Scranton
or the forges of Pittsburg, and we would have looked upon the workers
there with eyes of pity, perhaps, and we might have talked more or less
glibly of the hardships of labour. Yet it would not have been _our_
problem. To-day we recognize the relationship between the labour that
produces our wealth and the wealth which we enjoy.
“_It is quite plain that your government will never be able to
restrain a distressed and discontented majority. For with you the
majority is the government, and has the rich, who are always a
minority, absolutely at its mercy. The day will come when in the
State of New York a multitude of people, none of whom have had more
than half a breakfast or expect to have more than half a dinner,
will choose a Legislature. Is it possible to doubt what sort of
Legislature will be chosen? On one side is a statesman preaching
patience, respect for vested rights, strict observance of public
faith. On the other is a demagogue ranting about the tyranny of
capitalists and usurers and asking why anybody should be permitted
... to ride in a carriage while thousands of honest folks are in
want of necessaries. Which of the two candidates is liable to be
preferred by a workingman who hears his children cry for more
bread?_”
--LORD MACAULAY, 1857.
_Chapter Five_
THE AWAKENING OF SOCIETY
Many are the causes that have led to this great change in the attitude
of the wealthy classes toward the world at large. First and foremost,
in my judgment, is the change in the attitude of the working classes
themselves toward the rich. For, more assiduously than anything else
in this world, we, the wealthy, seek the praise and admiration of the
crowd. It may seem a strange confession from a member of the wealthy
class, but it is true.
And the attitude of the people at large toward the rich has been
changed indeed. I remember, even in my own lifetime, a period when the
people of this country looked up with admiration and respect to their
wealthy classes. It was in the end of that long period of which I have
spoken, in which the wealth of the nation was well distributed and had
not been gathered together into the hands of the few by means of the
exploitation of the masses.
To-day how great the change! How wonderful the transformation! At first
a few weak voices told what a few eyes saw. In unheard-of journals of
the labour movement, in certain revelations of high finance, corruption
of politics, dreadful tales were told--stories long since forgotten.
In Henry Demarest Lloyd’s “Wealth vs. Commonwealth” we have a strong
voice describing what keen eyes clearly discerned. Soon were published
several profound historical studies which aroused the more thoughtful.
Then, with drum and trumpet and black banners flying, came the army of
the muck-rakers. And their revelations made the nation heartsick.
Public-domain text, read in full here on John Shaqi.
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