The story of the taking of Constantinople by the Crusaders who followed

the lead of the blind Doge Dandolo is told with an almost brutal

ruthlessness quite befitting the deed itself. Nowhere else in the book

is Mr. Adams happier in his insistence upon the conflict between what

he calls the economic and the imaginative spirits. The incident sets

well with his favorite theory of the inevitable triumph of the economic

over the imaginative man, as societies grow centralized, and the no

less inevitable fossilization and ruin of the body politic which this

very triumph itself ultimately entails. The history of the English

conquest of India is only less vividly told. Incidentally, it may be

mentioned that one of Mr. Adams’s many merits is his contemptuous

refusal to be misled by modern criticism of Macaulay. He sees

Macaulay’s greatness as a historian, and his essential truthfulness on

many of the very points where he has been most sharply criticised.

Mr. Adams’s book, however, is far more than a mere succession of

brilliant episodes. He fully sees that the value of facts lies in

their relation to one another; and from the facts as he sees them he

deduces certain laws with more than a Thucydidean indifference as to

his own individual approval or disapproval of the development. The

life of nations, like any other form of life, is but one manifestation

of energy; and Mr. Adams’s decidedly gloomy philosophy of life may

be gathered from the fact that he places fear and greed as the two

forms of energy which stand conspicuously predominant; fear in the

earlier, and greed in the later, stages of evolution from barbarism

to civilization. Civilization itself he regards merely as the history

of the movement from a condition of physical distribution to one of

physical concentration. During the earlier stages of this movement

the imaginative man--the man who stands in fear of a priesthood--is,

in his opinion, the representative type, while with him, and almost

equally typical, stand the soldier and the artist. As consolidation

advances, the economic man--the man of industry, trade, and

capital--tends to supplant the emotional and artistic types of manhood,

and finally himself develops along two lines,--“the usurer in his most

formidable aspect, and the peasant whose nervous system is best adapted

to thrive on scanty nutriment.” These two very unattractive types are,

in his belief, the inevitable final products of all civilization, as

civilization has hitherto developed; and when they have once been

produced there follows either a stationary period, during which the

whole body politic gradually ossifies and atrophies, or else a period

of utter disintegration.

This is not a pleasant theory; it is in many respects an entirely false

theory; but nevertheless there is in it a very ugly element of truth.

One does not have to accept either all Mr. Adams’s theories or all his

facts in order to recognize more than one disagreeable resemblance

between the world as it is to-day, and the Roman world under the

Empire, or the Greek world under the successors of Alexander. Where he

errs is in his failure to appreciate the fundamental differences which

utterly destroy any real parallelism between the two sets of cases.

Indeed, his zeal in championing his theories leads him at times into

positions which are seen at a glance to be untenable.

Probably Mr. Adams’s account of the English Reformation, and of Henry

VIII. and his instruments, is far nearer the truth than Froude’s. But

his view of the evils upon which the reformers as a whole waged war,

and of the spirit which lay behind the real leaders and spurred them

on, is certainly less accurate than the view given by Froude in his

_Erasmus_ and _Council of Trent_. It can be partly corrected by the

study of a much less readable book--Mr. Henry C. Lea’s work on _The

Inquisition_. Yet Mr. Adams’s description of the English Reformation

is very powerful, and has in it a vein of bitter truth; though on the

whole it is perhaps not so well done as his account of the suppression

of the Templars in France. If he can be said to have any heroes, the

Templars must certainly be numbered among them.

He is at his best in describing the imaginative man, and especially

the imaginative man whose energy manifests itself in the profession of

arms. His description of the tremendous change which passed over Europe

during the centuries which saw, what is commonly called, the decay of

faith is especially noteworthy. In no other history are there to be

found two sentences which portray more vividly the reasons for the

triumph of the great Pope Hildebrand over the Emperor Henry, than these:

“To Henry’s soldiers the world was a vast space peopled by those

fantastic beings which are still seen on Gothic towers. These demons

obeyed the monk of Rome, and his army, melting from the Emperor under

a nameless horror, left him helpless.”

His account of the contrast between the relations of Philip Augustus

and of Philip the Fair with the Church is dramatic in its intensity.

To Mr. Adams, Philip the Fair, even more than Henry VIII., is the

incarnation of the economic spirit in its conflict with the Church;

and he makes him an even more repulsive, though perhaps an abler, man

than Henry. In this he is probably quite right. His account of the

hounding down of Boniface, and the cruel destruction of the Templars,

is as stirring as it is truthful; but he certainly pushes his theory

to an altogether impossible extreme when he states that the moneyed

class, the _bourgeoisie_, was already the dominant force in France.

The heroes of Froissart still lay in the future; and for centuries to

come the burgher was to be outweighed by king, priest, and noble. The

economic man, the man of trade and money, was, at that time, in no

sense dominant.

That there is grave reason for some of Mr. Adams’s melancholy

forebodings, no serious student of the times, no sociologist or

reformer, and no practical politician who is interested in more than

momentary success, will deny. A foolish optimist is only less noxious

than an utter pessimist; and the pre-requisite for any effort, whether

hopeful or hopeless, to better our conditions is an accurate knowledge

of what these conditions are. There is no use in blinding ourselves

to certain of the tendencies and results of our high-pressure

civilization. Some very ominous facts have become more and more

apparent during the present century, in which the social movement of

the white race has gone on with such unexampled and ever-accelerating

rapidity. The rich have undoubtedly grown richer; and, while the most

careful students are inclined to answer with an emphatic negative

the proposition that the poor have grown poorer, it is nevertheless

certain that there has been a large absolute, though not relative,

increase of poverty, and that the very poor tend to huddle in immense

masses in the cities. Even though these masses are, relatively to

the rest of the population, smaller than they formerly were, they

constitute a standing menace, not merely to our prosperity, but to our

existence. The improvement in the means of communication, moreover,

has so far immensely increased the tendency of the urban population to

grow at the expense of the rural; and philosophers have usually been

inclined to regard the ultimate safety of a nation as resting upon

its peasantry. The improvement in machinery, the very perfection of

scientific processes, cause great, even though temporary, suffering

to unskilled laborers. Moreover, there is a certain softness of fibre

in civilized nations which, if it were to prove progressive, might

mean the development of a cultured and refined people quite unable to

hold its own in those conflicts through which alone any great race

can ultimately march to victory. There is also a tendency to become

fixed, and to lose flexibility. Most ominous of all, there has become

evident, during the last two generations, a very pronounced tendency

among the most highly civilized races, and among the most highly

civilized portions of all races, to lose the power of multiplying, and

even to decrease; so much so as to make the fears of the disciples of

Malthus a century ago seem rather absurd to the dweller in France or

New England to-day.

Mr. Adams does not believe that any individual or group of individuals

can influence the destiny of a race for good or for evil. All of us

admit that it is very hard by individual effort thus to make any

alteration in destiny; but we do not think it impossible; and Mr. Adams

will have performed a great service if he succeeds in fixing the eyes

of the men who ought to know thoroughly the problems set us to solve,

upon the essential features of these problems. I do not think his

diagnosis of the disease is in all respects accurate. I believe there

is an immense amount of healthy tissue as to the existence of which he

is blind; but there is disease, and it is serious enough to warrant

very careful examination.

However, Mr. Adams is certainly in error in putting the immense

importance he does upon the question of the expansion or contraction of

the currency. There is no doubt whatever that a nation is profoundly

affected by the character of its currency; but there seems to be

equally little doubt that the currency is only one, and by no means the

most important, among a hundred causes which profoundly affect it.

The United States has been on a gold basis, and on a silver basis; it

has been on a paper basis, and on a basis of what might be called the

scraps and odds and ends of the currencies of a dozen other nations;

but it has kept on developing along the same lines no matter what its

currency has been. If a change of currency were so enacted as to amount

to dishonesty, that is, to the repudiation of debts, it would be a very

bad thing morally; or, if a change took place in a manner that would

temporarily reduce the purchasing power of the wage-earner, it would be

a very bad thing materially; but the current of the national life would

not be wholly diverted or arrested, it would merely be checked, even

by such a radical change. The forces that most profoundly shape the

course of a nation’s life lie far deeper than the mere use of gold or

of silver, the mere question of the appreciation or depreciation of one

metal when compared with the other, or when compared with commodities

generally.

Mr. Adams unconsciously shows this in his first and extremely

interesting chapter on the Romans. In one part of this chapter he

seems to ascribe the ruin of the Roman Empire to the contraction of

the currency, saying, “with contraction came that fall of prices which

first ruined, then enslaved, and finally exterminated the native rural

population of Italy.” This he attributes to the growth of the economic

or capitalistic spirit. As he puts it, “the stronger type exterminated

the weaker, the money-lender killed out the husbandman, the soldiers

vanished, and the farms on which they once flourished were left

desolate.”

But, curiously enough, Mr. Adams himself shows that all this really

occurred during the two centuries, or thereabouts, extending from the

end of the second Punic war through the reign of the first of the Roman

emperors; and this was a period of currency expansion, not of currency

contraction. Moreover, it was emphatically a period when the military

and not the economic type was supreme. The great Romans of the first

and second centuries before Christ were soldiers, not merchants or

usurers, and they could only be said to possess the economic instinct

incidentally, in so far as it is possessed by every man of the military

type who seizes the goods accumulated by the man of the economic type.

It was during these centuries, when the military type was supreme,

and when prices were rising, that the ruin, the enslavement and the

extermination of the old rural population of Italy began. It was during

these centuries that the husbandmen left the soil and became the mob of

Rome, clamoring for free bread and the games of the amphitheatre. It

was toward the close of this period that the Roman army became an army

no longer of Roman citizens, but of barbarians trained in the Roman

manner; it was toward the close of this period that celibacy became so

crying an evil as to invoke the vain action of the legislature, and

that the Roman race lost the power of self-perpetuation. What happened

in the succeeding centuries,--the period of the contraction of the

currency and the rise of prices,--was merely the completion of the ruin

which had already been practically accomplished.

These facts seem to show clearly that the question of the currency

had really little or nothing to do with the decay of the Roman fibre.

This decay began under one set of currency conditions, and continued

unchanged when these conditions became precisely reversed. An

infinitely more important cause, as Mr. Adams himself shows, was the

immense damage done to the Italian husbandman by the importation of

Asiatic and African slaves; which was in all probability the chief of

the causes that conspired to ruin him. He was forced into competition

with races of lower vitality; races tenacious of life, who possessed a

very low standard of living, and who furnished to the great slave-owner

his cheap labor. Mr. Adams shows that the husbandman was affected, not

only by the importation of vast droves of slaves to compete with him

in Italy, but by the competition with low-class labor in Egypt and

elsewhere. These very points, if developed with Mr. Adams’s skill,

would have enabled him to show in a very striking manner the radical

contrast between the present political and social life of civilized

states, and the political and social life of Rome during what he

calls the capitalistic or closing period. At present, the minute that

the democracy becomes convinced that the workman and the peasant are

suffering from competition with cheap labor, whether this cheap

labor take the form of alien immigration, or of the importation of

goods manufactured abroad by low-class working-men, or of commodities

produced by convicts, it at once puts a stop to the competition. We

keep out the Chinese, very wisely; we have put an end to the rivalry

of convict contract labor with free labor; we are able to protect

ourselves, whenever necessary, by heavy import duties, against the

effect of too cheap labor in any foreign country; and, finally, in the

civil war, we utterly destroyed the system of slavery, which really

was threatening the life of the free working-man in a way in which it

cannot possibly be threatened by any conceivable development of the

“capitalistic” spirit.

Mr. Adams possesses a very intimate knowledge of finance, and there

are many of his discussions on this subject into which only an expert

would be competent to enter. Nevertheless, on certain financial and

economic questions, touching matters open to discussion by the man

of merely ordinary knowledge, his terminology is decidedly vague.

This is especially true when he speaks of “the producer.” Now the

producer, as portrayed by the Populist stump orator or writer of

political and economic pamphlets, is a being with whom we became quite

intimate during the recent campaign; but we have found it difficult to

understand at all definitely who this “producer” actually is. According

to one school of Populistic thinkers the farmer is the producer; but

according to another and more radical school this is not so, unless

the farmer works with his hands and not his head, this school limiting

the application of the term “producer” to the working-man who does

the immediate manual work of production. On the other hand those who

speak with scientific precision must necessarily class as producers

all men whose work results directly or indirectly in production.

Under this definition, inventors and men who improve the methods of

transportation, like railway presidents, and men who enable other

producers to work, such as bankers who loan money wisely, are all

themselves to be classed as producers, and often indeed as producers of

the most effective kind.

The great mass of the population consists of producers; and in

consequence the majority of the sales by producers are sales to other

producers. It requires one set of producers to make a market for any

other set of producers; and in consequence the rise or fall of prices

is a good or a bad thing for different bodies of producers according

to the different circumstances of each case. Mr. Adams says that the

period from the middle of the twelfth to the middle of the thirteenth

centuries was an interval of “almost unparalleled prosperity,” which

he apparently ascribes to the expansion of the currency, with which,

he says, “went a rise in prices, all producers grew rich, and for

more than two generations the strain of competition was so relaxed

that the different classes of the population preyed upon each other

less savagely than they are wont to do in less happy times.” It is

not exactly clear how a rise in the prices both of what one producer

sells another, and of what he in return buys from that other, can

somehow make both of them rich, and relax the strain of competition.

Certainly in the present century, competition has been just as severe

in times of high prices; and some of the periods of greatest prosperity

have coincided with the periods of very low prices. There is reason

to believe that low prices are ultimately of great benefit to the

wage-earners. A rise in prices generally injures them. Moreover, in

the century of which Mr. Adams speaks, the real non-producers were the

great territorial feudal lords and the kings and clergymen; and these

were then supreme. It was the period of the ferocious Albigensian

crusades. It is true that it ushered in a rather worse period,--that

of the struggle between England and France, with its attendant peasant

wars and Jacqueries, and huge bands of marauding free-companies.

But the alteration for the worse was due to a fresh outbreak of

“imaginative” spirit; and the first period was full of recurring

plagues and famines, besides the ordinary unrest, murder, oppression,

pillage, and general corruption. Mr. Adams says that the different

classes of the population during that happy time “preyed upon each

other less savagely” than at other times. All that need be said in

answer is that there is not now a civilized community, under no matter

what stress of capitalistic competition, in which the different classes

prey upon one another with one-tenth the savagery they then showed;

or in which famine and disease, even leaving war out of account, come

anywhere near causing so much misery to poor people, and above all to

the wage-earners, or working-men, the under strata and base of the

producing classes.

From many of the statements in Mr. Adams’s very interesting concluding

chapter I should equally differ; and yet this chapter is one which is

not merely interesting but soul-stirring, and it contains much with

which most of us would heartily agree. Through the cold impartiality

with which he strives to work merely as a recorder of facts, there

break now and then flashes of pent-up wrath and vehement scorn

for all that is mean and petty in a purely materialistic, purely

capitalistic, civilization. With his scorn of what is ignoble and

base in our development, his impatient contempt of the deification of

the stock-market, the trading-counter, and the factory, all generous

souls must agree. When we see prominent men deprecating the assertion

of national honor because it “has a bad effect upon business,” or

because it “impairs the value of securities”; when we see men seriously

accepting Mr. Edward Atkinson’s pleasant theory that patriotism is of

no consequence when compared with the price of cotton sheeting or the

capacity to undersell our competitors in foreign markets, it is no

wonder that a man who has in him the stuff of ancestors who helped to

found our Government, and helped to bring it safely through the Civil

War should think blackly of the future. But Mr. Adams should remember

that there always have been men of this merely huckstering type, or of

other types not much higher. It is not a nice thing that Mr. Eliot,

the president of one of the greatest educational institutions of the

land, should reflect discredit upon the educated men of the country

by his attitude on the Venezuela affair, carrying his desertion of

American principles so far as to find himself left in the lurch by

the very English statesman whose cause he was championing; but Mr.

Adams by turning to the “History” of the administration of Madison,

by his brother, Henry Adams, would find that Mr. Eliot had plenty of

intellectual ancestors among the “blue lights” federalists of that day.

Timothy Pickering showed the same eager desire to stand by another

country to the hurt of his own country’s honor, and Timothy Pickering

was a United States Senator whose conduct was far more reprehensible

than that of any private individual could be. We have advanced, not

retrograded, since 1812.

This applies also to what Mr. Adams says of the fall of the soldier

and the rise of the usurer. He quite overstates his case in asserting

that in Europe the soldier has lost his importance since 1871, and that

the administration of society since then has fallen into the hands of

the “economic man,” thereby making a change “more radical than any

that happened at Rome or even at Byzantium.” In the first place, a

period of a quarter of a century is altogether too short to admit of

such a generalization. In the next place, the facts do not support

this particular generalization. The Germans are quite as military in

type as ever they were, and very much more so than they were at any

period during the two centuries preceding Bismarck and Moltke. Nor is

it true to say that “the ruler of the French people has passed for the

first time from the martial to the moneyed type.” Louis XV. and Louis

Philippe can hardly be held to belong to any recognized martial type;

and the reason of the comparative sinking of the military man in France

is due not in the least to the rise of his economic fellow-countryman,

but to the rise of the other military man in Germany. Mr. Adams

says that since the capitulation of Paris the soldier has tended

to sink more and more, until he merely receives his orders from

financiers (which term when used by Mr. Adams includes all business

and working-men) with his salary, without being allowed a voice, even

in the questions which involve peace and war. Now this is precisely

the position which the soldier has occupied for two centuries among

English-speaking races; and it is during these very centuries that the

English-speaking race has produced its greatest soldiers. Marlborough

and Wellington, Nelson and Farragut, Grant and Lee, exactly fill Mr.

Adams’s definition of the position into which soldiers have “sunk”; and

the United States has just elected as President, as it so frequently

has done before, a man who owes his place in politics in large part to

his having done gallant service as a soldier, and who is in no sense a

representative of the moneyed type.

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