The warrior has been the capitalists'
servant. But now, if it be true that money, in certain crucial
directions, is losing its purchasing power, it is evident that
capitalists must accept a position of equality before the law under the
domination of a type of man who can enforce obedience; their own
obedience, as well as the obedience of others. Indeed, it might occur,
even to some optimists, that capitalists would be fortunate if they
could certainly obtain protection for another fifty years on terms as
favorable as these. But at Chicago, capitalists declined even to
consider receding to a secondary position. Rather than permit the advent
of a power beyond their immediate control, they preferred to shatter the
instrument by which they sustained their ascendancy. For it is clear
that Roosevelt's offence in the eyes of the capitalistic class was not
what he had actually done, for he had done nothing seriously to injure
them. The crime they resented was the assertion of the principle of
equality before the law, for equality before the law signified the end
of privilege to operate beyond the range of law.
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