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 is the embodiment of the spirit of optimism. From the first hour of the new nations each century has seen a better Europe, until the development of the world demanded America.

Tolstoi said the other day that America, once the hope of the world, was in bondage to Mammon. Tolstoi and other Europeans have still much to learn about this great, free country of ours before they understand the unique civic struggle which America is undergoing. She is confronted with the mighty task of assimilating all the foreigners that are drawn together from every country, and welding them into one people with one national spirit. We have the right to demand the forbearance of critics until the United States has demonstrated whether she can make one people out of all the nations of the earth. London economists are