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It may be said safely, however, that these factors, because the future to which they point is more remote, are less regarded than others which are less important; and further, that those among them which mark our own day are also the factors whose very existence is specially resented, criticised, and condemned by that school of political thought which assumes for itself the title of economical, which attained its maturity, and still lives, amid the ideas of that stage of industrial progress coincident with the middle of the century, and which sees all things from the point of view of production and of internal development.
It was the afternoon of the following day, just twenty-four hours after Dawson had commandeered the resources of Chatham, and the scene was a public hall in a big industrial city. In the body of the room sat two hundred and thirty-four men shop stewards and district trade union officials and their faces were gloomy and anxious.
If judiciously guided and regulated, I am thoroughly convinced that it will result in great good. If not so regulated, it may cause incalculable suffering to the colored race, and work great injury to the industrial interest of the South. If the Negro can have fair treatment as a citizen and a man in his present home, he will probably not care to remove.
But, on the other hand, the whole condition of the country seemed to indicate that the early Spanish rulers had left a curse upon it from which it had never recovered. Its inhabitants, in revolution after revolution, had destroyed all industry and industrial appliances, and had virtually eaten up each other; generation after generation had thus been almost entirely destroyed.
Another and a more prevailing evil relates to the time allowed for meals: this is often altogether insufficient, and strongly contrasted with the custom in other industrial pursuits, in which one hour for dinner, and half an hour for breakfast or tea, as the case may be, is the usual allowance.
Oil shares, Mexican securities, industrial shares, insurance shares, and others in which capitalisation of reserves and bonus issues have been used as an effective lever for speculation, have enjoyed spells of considerable activity.
Although, for reasons into which it is not necessary to enter here, only a comparatively small percentage of the efforts of the Independent Force were directed against the industrial targets for which the force had been created, yet by the end of the war the strategic conception of air power was bearing fruit, and the Air Ministry had in hand measures for bombing which would have gone far to shatter German munitionment.
Those enterprises which are situated in the corn districts are naturally able to offer better conditions, for the sake of which workmen are ready to leave their jobs and skilled workmen to do unskilled work, and the result can only be a drainage of good workmen away from the hungry central industrial districts where they are most of all needed.
Then, in turmoil and triumph, that promise exploded onto the world stage to make this the American Century. And what a century it has been. America became the world's mightiest industrial power; saved the world from tyranny in two world wars and a long cold war; and time and again, reached out across the globe to millions who, like us, longed for the blessings of liberty.
The changed industrial life requires changed methods of acquisition; and the pecuniary classes have some interest in so adapting the pecuniary institutions as to give them the best effect for acquisition of private gain that is compatible with the continuance of the industrial process out of which this gain arises.
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