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Updated: May 13, 2025
The small houseowners and retired tradespeople who had had their good days, or had made snug little fortunes under the monarchy, were soon seized with panic; the Republic, with its constant shocks and convulsions, made them tremble for their money and their life of selfishness.
And the great majority of those constituents are small houseowners the poorer portion of the middle class.
There is another statistical illusion which is independent of class differences. A common complaint of houseowners is that the Public Health Authorities frequently compel them to instal costly sanitary appliances which are condemned a few years later as dangerous to health, and forbidden under penalties.
Many circumstances contributed to its extraordinary success, multitudes, and the stupendousness of the deals concluded during it: the building in the vicinity of three new sugar refineries, and the unusually abundant crop of wheat, and, in particular, of sugar beets; the commencement of work in the laying of an electric trolley and of canalization; the building of a new road to the distance of 750 versts; but mainly, the fever of building which seized the whole town, all the banks and financial institutions, and all the houseowners.
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