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Croly, Herbert David, 1869-1930

"The Promise of American Life"

The most real thing which they carry over from the
region of business into the region of moral and intellectual ideals is
apparently their bank accounts. The fruits of their hard work and their
business ability are to be applied to the purpose of "uplifting" their
fellow-countrymen. A certain number of figures written on a check and
signed by a familiar name, what may it not accomplish? Some years ago at
the opening exercises of the Carnegie Institute in Pittsburg, Mr. Andrew
Carnegie burst into an impassioned and mystical vision of the
miraculously constitutive power of first mortgage steel bonds. From his
point of view and from that of the average American there is scarcely
anything which the combination of abundant resources and good intentions
may not accomplish.
The tradition of seeking to cross the gulf between American practice and
the American ideal by means of education or the Subsidized Word is not
be dismissed with a sneer. The gulf cannot be crossed without the
assistance of some sort of educational discipline; and that discipline
depends partly on a new exercise of the "money power" now safely
reposing in the strong boxes of professional millionaires.


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