FREE BOOKS

Author's List




PREV.   NEXT  
|<   156   157   158   159   160   161   162   163   164   165   166   167   168   169   170   171   172   173   174   175   176   177   178   179   180  
181   182   183   184   185   186   187   188   189   190   191   192   193   194   195   196   197   198   199   200   201   202   203   204   205   >>   >|  
as possible. He hires foreign labor to get from it all that he can. The impersonal relations of employer and employed replace the patriarchal traditions. Thus the land owner finds himself caught in the mechanism of the capitalistic system. As to the "weight" of the new class, it increased prodigiously during the years following the war of 1870, thanks to the millions which the empire could invest in its industries and which allowed it to endow its commerce and its merchant marine, to complete the network of its roads, canals, and railways. The law of concentration of capital was verified on this occasion in a striking manner. In the famous years 1871 to 1874, which the Germans call the Gruendejahre, the foundation years, gigantic industrial and commercial enterprises took a spring which seemed irresistible. A Director of the Deutsche Bank, of the Dresdener Bank, the President of a company for transatlantic commerce, such as the Hamburg-American Line, or of the committee of great electric establishments, enjoyed an influence in the councils of the State far greater than that of a Baron, a Count, or a little mediatized Prince. What was the aristocracy of birth going to do about it? Struggle desperately? It took that tack at first. Bismarck ranged himself in its support for some time. He was himself an agrarian. But he was not long in installing paper mills on his estates at Varzin. It is said that the Emperor himself possesses porcelain factories. A part of the nobility for a long time tried to adapt itself to the new method of production. It took to it awkwardly and often ended in ruin. Freytag has described this phenomenon at its beginnings in a romance which is a chef d'oeuvre. A part of the nobility yielded, fell into the hands of the financiers, the money lenders, the managers of agricultural enterprises, sold their lands, and took refuge in the great civil, administrative and military posts. The remainder resisted as well as they could. There was antagonism between their interests and those of the capitalists, between the religious and particularist tendencies on one hand and free thought and cosmopolitanism on the other. The agrarians demanded tariff duties on agricultural products to raise the price of their foodstuffs. The industrials wanted a low cost of living in order to avoid the rise of wages and to compete with better advantage for foreign markets. Bismarck was the target for vehement opposition
PREV.   NEXT  
|<   156   157   158   159   160   161   162   163   164   165   166   167   168   169   170   171   172   173   174   175   176   177   178   179   180  
181   182   183   184   185   186   187   188   189   190   191   192   193   194   195   196   197   198   199   200   201   202   203   204   205   >>   >|  



Top keywords:

Bismarck

 
enterprises
 

agricultural

 

commerce

 

nobility

 

foreign

 
romance
 
phenomenon
 

beginnings

 

agrarian


yielded

 

oeuvre

 

ranged

 

support

 

Freytag

 
Emperor
 

method

 
porcelain
 

possesses

 

production


awkwardly

 

installing

 

Varzin

 
estates
 

factories

 

administrative

 

industrials

 

foodstuffs

 
wanted
 

demanded


agrarians

 

tariff

 
duties
 

products

 

living

 

markets

 
advantage
 
target
 

vehement

 

opposition


compete
 

cosmopolitanism

 

military

 

remainder

 

resisted

 

refuge

 

lenders

 
managers
 

tendencies

 
thought