I Republic Versus Democracy 13 II The Constitutional Convention 19 III Statesmen Must First be Born and Then Made 27 IV Expectations Realized 31 V Independence of the Representative 36 VI Trend of the Times 43 VII Constitutional Liberty 48 VIII What is a Constitution 57 IX Preliminary 70 X No Competition Between the Sexes 74 XI Purposes and Policies of Government 79 XII The Result of this Policy 86 XIII All Dependent Upon the Payroll 93 XIV American Fortunes not Large, Considering 98 XV Popular Dissatisfaction 103 XVI Greed and its Punishment 110 XVII Obstructive Legislation 115 XVIII The Inevitable Result 121 XIX Unearned Increment 131 XX Business Philosophies 137 XXI The Government’s Handicap 145 XXII The Post Office 158 XXIII Civil Service 161 XXIV Civil Service Retirement 179 XXV Property by Common Consent 184 XXVI Equality of Income 193 XXVII An Historical Warning 196 XXVIII Capital and Labor 202 XXIX Can the Crisis be Averted 209 XXX Industrial Republics 217 _Conclusion_ 224 _Appendix_ 232 VANISHING LANDMARKS CHAPTER I REPUBLIC VERSUS DEMOCRACY Representative government and direct government compared. The Fathers created a republic and not a democracy. Before you dismiss the thought, examine your dictionaries again and settle once and forever that a republic is a government where the sovereignty resides in the citizens, and is exercised through representatives chosen by the citizens; while a democracy is a government where the sovereignty also resides in the citizens but is exercised directly, without the intervention of representatives.