The United States Since the Civil WarLingley, Charles Ramsdell
History
The United States Since the Civil War
Lingley, Charles Ramsdell
United States -- History -- 1865-1921
Indeed the philosopher of _laissez faire_ was sincerely convinced that
his system ultimately benefited society as a whole. Andrew Carnegie, an
iron and steel manufacturer, presented this thesis in an article in the
_North American Review_ in 1889. The reign of individualism, he held,
was the order of the day, was inevitable and desirable. Under it the
poorer classes were better off than they had ever been in the world's
history. "We start then," he said, "with a condition of affairs under
which the best interests of the race are promoted, but which inevitably
gives wealth to the few. Thus far, accepting conditions as they exist,
the situation can be surveyed and pronounced good." Let the man of
ability, he advised, accumulate a large fortune and then discharge his
duty to the public through philanthropic enterprises, such as the
foundation of libraries. Society would be more highly benefited in this
way than by allowing the millions to circulate in small sums through
the hands of the masses. Statistical studies of the distribution of
wealth seemed to justify Carnegie's judgment that the existing tendency
was for wealth to settle into the hands of the few. In 1893 it was
estimated that three one-hundredths of one per cent. of the people
owned twenty per cent. of the nation's wealth.
Although the _laissez faire_ theory was dominant later even than 1890,
it was apparent before that time that its sway was being challenged.
The adherents of _laissez faire_ themselves did not desire to have the
doctrine applied fully and evenly. They demanded government protection
for their enterprises through the medium of high protective import
tariffs, and they sought subsidies and grants of public land for the
railroads. Naturally it was not long before the classes whose desires
conflicted with the manufacturing and railroad interests began in their
turn to seek aid from the government. The people of the Middle West,
for example, were not content to allow the railroad companies to
control their affairs and establish their rates without let or
hindrance from the state legislatures. The factory system in the
Northeast, likewise, raised questions which were directed toward the
foundations of _laissez faire_. Under the factory regime employers
found it advantageous to open their doors to women and children and to
keep them at machines for long, hard days which unfitted the women for
domestic duties and for raising families, and which stunted the
children in body and mind. Out of these circumstances arose a demand
for restrictions on the freedom of employers to fix the conditions
under which their employees worked.
Public-domain text, read in full here on John Shaqi.
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