t in the hands of all is perhaps the only safeguard against the
tyranny of wealth in the hands of the few. It is true that bad men can
band together and be destructive; but so they can in any government.
Revolution by ballot is much safer than revolution by violence; and,
granting that human nature is selfish, when the whole people are the
government selfishness is on the side of the government. Can you mention
any class in this country whose interest it is to overturn the
government? And, then, as to the wisdom of the popular decisions by the
ballot in this country. Look carefully at all the Presidential elections
from Washington's down, and say, in the light of history, if the popular
decision has not, every time, been the best for the country. It may not
have seemed so to some of us at the time, but I think it is true, and a
very significant fact.

Of course, in this affirmation of belief that one hundred years of
popular government in this country is a real progress for humanity, and
not merely a change from the rule of the fit to the rule of the cunning,
we cannot forget that men are pretty much everywhere the same, and that
we have abundant reason for national humility. We are pretty well aware
that ours is not an ideal state of society, and should be so, even if the
English who pass by did not revile us, wagging their heads. We might
differ with them about the causes of our disorders. Doubtless, extended
suffrage has produced certain results. It seems, strangely enough, to
have escaped the observation of our English friends that to suffrage was
due the late horse disease. No one can discover any other cause for it.
But there is a cause for the various phenomena of this period of shoddy,
of inflated speculation, of disturbance of all values, social, moral,
political, and material, quite sufficient in the light of history to
account for them. It is not suffrage; it is an irredeemable paper
currency. It has borne its usual fruit with us, and neither foreign nor
home critics can shift the responsibility of it upon our system of
government. Yes, it is true, we have contrived to fill the world with our
scandals of late. I might refer to a loose commercial and political
morality; to betrayals of popular trust in politics; to corruptions in
legislatures and in corporations; to an abuse of power in the public
press, which has hardly yet got itself adjusted to its sudden accession
of enormous influence. We complain of its i