Jeniffer electronic book

It was about time to get down to
business. In this happiest of all countries, and under this best of all
governments, which had been preserved at such an awful cost, the good
American was entitled to give his undivided attention to the great work
of molding and equipping the continent for human habitation, and
incidentally to the minor task of securing his share of the rewards. A
lively, even a frenzied, outburst of industrial, commercial, and
speculative activity followed hard upon the restoration of peace. This
activity and its effects have been the most important fact in American
life during the forty years which have supervened; and it has assumed
very different characteristics from those which it had assumed previous
to the War. We must now consider the circumstances, the consequences,
and the meaning of this economic revolution.
Although nobody in 1870 suspected it, the United States was entering
upon a new phase of its economic career; and the new economy was
bringing with it radical social changes.


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