8/40 Confess that there are no reforms to be made, and that it is as much as one can do to change the color of postage-stamps. Good or bad, things are as they should be. Yes, things are as they should be; but they change incessantly. Since 1870 the industrial and financial situation of the country has gone through four or five revolutions which political economists had not foreseen and which they do not yet understand. In society, as in nature, transformations are accomplished from within." As to matters of government his ideas were terse and decided. |