The Wisconsin Magazine of History, Volume 1, 1917-1918Various
History
The Wisconsin Magazine of History, Volume 1, 1917-1918
Various
Wisconsin -- History -- Periodicals
This common condition has in all cases had an important bearing not
only on economic development, but on the whole texture of the social
fabric which was created; it affected not only the frontier itself,
but its reflex influence on the sections from which the labor and
capital were drawn set at work influences which at times became
leading factors in their existence. So important have their influences
been, that where the study is confined to any one frontier, they seem
to dominate development, and make history their creature. When we
extend our study, however, we find that in spite of the fundamental
resemblance, each has followed its separate course; that the different
balance of other factors, and even such secondary considerations as
laws and constitutions, have radically altered the actual operation of
these powerful natural resemblances. The control of the frontier’s
natural resources, the distribution of proceeds, the very content of
politics have varied with every frontier. The problem has been one,
the methods and results have been as varied as the fields in which it
occurred.
In the United States the larger part of the capital came from or
through another section of the same country. That is, the East
furnished nearly all that was supplied, although to do so it had to
borrow somewhat from Europe. The direct loans from Europe to the West
were comparatively unimportant. Consequently the interests of the
debtor and creditor sections conflicted in the arena of national
politics. Two unique features made the working out of the problem
different in this country from any other. The first was the division
of the country into a large number of states, sovereign within a
restricted range of powers, some controlled by the debtor element,
some by the creditor. The other was that at one time, and that the
most critical, the frontier was strong enough at least to veto the
action of the national government.
The result of these conditions was a struggle unusually complex. The
control of banking, of the currency, of natural resources, such as
lands, minerals, and oil, and of transportation or, as it is phrased
in our politics, internal improvements, were the bone of contention.
The desire to have these controlled by national or state governments
varied with the political situation. The frontier wished banks that
would not be too particular, a currency that would be easy to get; it
wished, and wishes, control of its own systems of transportation and
its natural resources.
The sections furnishing the supplies were more interested in the
capital to which strings were tied, than in the labor which cut its
apron strings on leaving home. The struggle antedated the Revolution;
the high points in its later history were the Shays Rebellion, the
Jackson régime, the greenback movement, the Bryan campaign, and it
finds present expression in the opposition in the Far West to the
national conservation policy.
Public-domain text, read in full here on John Shaqi.
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