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Thayer, William Roscoe, 1859-1923

"Theodore Roosevelt; an Intimate Biography"

Even in Germany, the most rigid of
Absolute Despot isms, a phantasm of political liberty was allowed
to flit about the Halls of Parliament. But through the cunning of
Bismarck the Socialist masses were bound all the more tightly to
the Hohenzollern Despot by liens which seemed to be socialistic.
Nevertheless, the principles of the Social Revolution spread
secretly from European country to country, whether it professed
to be Monarchical or Republican.
In the United States, when Theodore Roosevelt succeeded to the
Presidency in 1901, a similar antagonism between Capital and
Labor had become chronic. Capital was arrogant. Its advance since
the Civil War had been unmatched in history. The inundation of
wealth which had poured in, compared with all previous amassing
of riches, was as the Mississippi to the slender stream of
Pactolus. The men whose energy had created this wealth, and the
men who managed and increased it, lost the sense of their proper
relations with the rest of the community and the Nation.


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