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Updated: June 1, 2025
The Crusades brought about as great a shifting of the balance of power, as did later the rise of the rich merchants, industrials, and nabobs in England.
Foreign capitalists who own land or plant in the United States are unfranchised. We have large numbers of men working in trades and professions who never have been naturalized, but we do not dream that all these constitute an alien class of industrials. No distinction is made in business opportunity between the voter and non-voter.
You know how you feel when you pluck a stray quarter from the L stairs, or maybe retrieve a dollar bill that's been playin' hide-and-seek in the gutter? Multiply that by the thrill you'd get if you'd had your salary raised and been offered par for a block of industrials that had been wished on you at ten a share, all in the same day.
To his surprise he learned that the foppish, quiet-mannered clerk had been dabbling in the market. He held some Distillery common stock, and, also, Northern Iron two of the new "industrials" that were beginning to sprout in Chicago. "You must ask the brokers to sell if the market is going against me," the clerk exclaimed feverishly.
By the time the cats have retired to growl over their allowance in private, the daily succession of nomadic industrials begin to lift up their voices, and to defile slowly along Our Terrace, stopping now and then to execute a job or effect a sale when an opportunity presents itself.
It is impossible for a housekeeper in a neighbourhood having any claims to gentility, to escape the recognition of this feeling in the lower class of industrials.
Its classification of men according to the predominant psychological faculty in each, into artists, savans, and industrials, struck me as very well; and the maxims "To each according to his capacity," and "To each capacity according to its works," as evidently just, and desirable if practicable.
In Bavaria, in the upper house, or Kammer der Reichsräte, there is no representative, and in the lower house of 163 members only 29 representatives of the industrial world. In Saxony, the most socialistic state in Germany, the upper chamber with 49 members has 5 industrials; the lower chamber with 82 members has 40 representatives of commercial, industrial, and financial affairs.
I do think that as a matter of fact Roeburn's was good value at the price at which he gave it to the public, at least until it was strained by ill-conserved advertisement. It was a period of expansion and confidence; much money was seeking investment and "Industrials" were the fashion. Prices were rising all round.
But the Commercial Echo and Financial Undertone, appearing at four o'clock, printed in its stock-market columns the announcement: "We understand that the Duke of Dulham, who arrives in town today, is proposing to invest a large sum of money in American Industrials." And, of course, that announcement reached every member of the Mausoleum Club within twenty minutes.
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