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Rh of democracy they ought to have it and will have it. Those who ought to be the students of economics and the enacters of wise laws conform servilely to the will of the ignorant mob. It is largely owing to this perversion that we are now entangled with the many economic restrictions, to which I have referred in an earlier chapter. We have come to the point, however, where we must make up our minds to conduct ourselves differently if we want to preserve our civilization.

On this subject, President Nicholas Murray Butler in his address at the opening of Columbia University, Sept, 28, 1922, said some wise and discerning things, including the following:

Unless I greatly mistake, the world is suffering from too much politics and too little statesmanship. There are too many holders of public office who are far more anxious about their continuance in place than concerned for the public welfare. If present conditions are permitted indefinitely to continue, no one dare foretell what will happen to our boasted civilization and its economic basis.

The restoration of the consuming power of the 300 millions and more made destitute by the war, the restoration of the world’s power of production in agriculture and in manufacture, the gradual lifting of the heavy burden of public debt, the reduction of taxation, the restoration to normal of the international exchanges, and the extension of international credits, are all subjects for study and recommendation by trained economists and experienced men of affairs. Let the politicians hold aloof for a bit, and let the trained brains of the nations work at what has become a capital problem for the nations jointly and severally.

Obsequiousness to the fetish of democracy has caused us to fly in the face of the natural laws of heredity and inherent inequality in the capacity of men. It has led Moreover to dangerous counteraction against the law of the survival of the fittest. Among primitive mankind the fittest, i.e., those best able to survive, were generally the strongest physically. Science and invention have tended to erase physical inequalities, however, and bring