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ternal spring of refreshment. It does not leave him when he is angry, if he is ever angry; the romance of Baruch diverts him. Though always there, it is not a fixed smile, a mask, something worn for the undoing of Wall Street; it is a real smile. Somewhere subconsciously there abides the picture of the poor clerk become amazingly rich, of power in Washington, of a beckoning future with possibilities as extraordinary as the wonders of the past. Life is not logical, dull, commonplace, a tissue of cause and effect; it proceeds delightfully by daily miracles. The American Disraeli is no further away to-day than was the Baruch of to-day from the Baruch of yesterday. Enough to account for a smile in marble, bronze, or in whatever metal the human face is made of. Take the miracle of the War Administration. It was not vanity but humility, the kind of humility that would have saved Wilson, that served Mr. Baruch there. He came to Washington out of Wall Street and Wall Street is always anathema. More than that he came out of that part of Wall Street which is beyond the pale; he did not belong to the right monied set there; which is to be anathema with that part of the community to which Wall Street itself is not anathema; moreover he had been unjustly accused in connection with the famous Wall Street "leak." And he entered an administration which was the center of much prejudice and hatred. Yet he was modest enough, however, to assume that his personality did not count, that it was the work to be done which mattered, and that he could depend upon the friendliness both of the Republicans and of the great industrial interests of the country to that work if it should be properly done. The belief Mr. Wilson has and a much lesser man, Hiram Johnson, has, that men are thinking exclusively about them personally and not about the causes they advocate or the measures they propose is a more dangerous form of vanity than the habit of admiring oneself audibly. It requires colossal egotism to imagine the existence of many enemies and Mr. Baruch is genuinely humble in the matter of enmity. After watching him during the war, in an administration which was enemy mad, I fancy he counts his genuine foes on the fingers of one hand. Moreover he was quite impersonal about his task. He did not do everything himself on the theory that no one else was quite big enough to do it. There is no practical snobbism about him. His knowledge of the industr
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