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
I am not a politician. I look at this matter of political power
much as any other sober American business man looks at it. Among
my own people I seldom hear purely political discussions. When we
are discussing pro and con the relative merits of candidates or the
relative importance of political policies, the discussion almost
invariably comes down to a question of business efficiency. We care
absolutely nothing about statehood bills, pension agitation, waterway
appropriations, “pork barrels,” state rights, or any other political
question, save inasmuch as it threatens or fortifies existing business
conditions. Touch the question of the tariff, touch the issue of the
income tax, touch the problem of railroad regulation, or touch that
most vital of all business matters, the question of general federal
regulation of industrial corporations, and the people amongst whom I
live my life become immediately rabid partisans.
It matters not one iota what political party is in power, or what
President holds the reins of office. We are not politicians, or public
thinkers; we are the rich; we own America; we got it, God knows how;
but we intend to keep it if we can by throwing all the tremendous
weight of our support, our influence, our money, our political
connection, our purchased senators, our hungry congressmen, and our
public-speaking demagogues into the scale against any legislation,
any political platform, any Presidential campaign, that threatens the
integrity of our estate.
I have said that the class I represent cares nothing for politics.
In a single season a plutocratic leader hurled his influence and his
money into the scale to elect a Republican governor on the Pacific
coast, and a Democratic governor on the Atlantic. The same moneyed
interest that he represented has held undisputed sway through many
administrations, Republican and Democratic, in a state in which it
had large railroad interests. Judge Lindsey, in his latest book, “The
Beast,” has shown in indisputable detail how the corporation interests
of Denver played with both great political parties. Truly can I say
that wealth has no politics save its own interests.
“_Poverty is a bitter thing, but it is not as bitter as the
existence of restless vacuity and physical, moral, and intellectual
flabbiness to which those doom themselves who elect to spend all
their years in that vainest of all pursuits, the pursuit of mere
pleasure as a sufficient end in itself._”
--THEODORE ROOSEVELT.
_Chapter Seven_
THE TRIBUNE OF THE PEOPLE
Public-domain text, read in full here on John Shaqi.
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