it is safe. Democratic man can understand the aims and aspirations of capitalism; they are, greatly magnified, simply his own aims and aspirations. Thus he tends to be friendly to it, and to view with suspicion those who propose to overthrow it. The new system, whatever its nature, would force him to invent a whole new outfit of dreams, and that is always a difficult and unpleasant business, to workers in the ditch as to philosophers in the learned grove. Capitalism under democracy has a further advantage: its enemies, even when it is attacked, are scattered and weak, and it is usually easily able to array one half of them against the other half, and thus dispose of both. That is precisely what happened in the United States after the late war. The danger that confronted capitalism was then a double one. On the one side there was the tall talk that the returning conscripts, once they got out of uniform, would demand the punishment of the patriots who had looted the public treasury while they were away. On the other side there was an uneasy rumour that a war Katzenjammer was heavily upon them, and that they would demand a scientific inquiry into the true causes and aims of the war, and into the manner and pur-
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