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 largely in Pennsylvania securities, New York’s in those of the whole United States. There is a small Wall Street group that specializes in local corporations, and they are active and give Tammany a Wall Street connection, but the biggest and the majority of our financial leaders, bribers though they may be in other cities and even in New York State, are independent of Tammany Hall, and can be honest citizens at home. From this class, indeed, New York can, and often does, draw some of its reformers. Not so Philadelphia. That bourgeois opposition which has persisted for thirty years in the fight against Tammany corruption was squelched in Philadelphia after its first great uprising. Matt Quay, through the banks, railways, and other business interests, was able to reach it. A large part of his power is negative; there is no opposition. Tammany’s power is positive. Tammany cannot reach all the largest interests and its hold is upon the people.

Tammany’s democratic corruption rests upon the corruption of the people, the plain people, and there lies its great significance; its grafting system is one in which more individuals share than any I have studied. The people themselves get very little; they come cheap, but they are interested. Divided into districts, the organization subdivides them into precincts or neighborhoods,