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“The most interesting problem, perhaps, that confronts the future of democracy is the question: How will she adjust herself to men of wealth, particularly when the number of wealthy men increase every decade? The answer, he asserted, depends on the 'spirit' with which wealthy men conduct their economic activities. Historically speaking, said Harper, wherever the industrial spirit has prevailed, as opposed to the predator, [the] evolution [of democratic institution has continued] and will continue until it includes within its grasp the entire world. When the predatory spirit has dominated economic life, however, democracy has fallen victim.” — William Rainey Harper
The most interesting problem, perhaps, that confronts the future of democracy is the question: How will she adjust herself to men of wealth, particularly when the number of wealthy men increase every decade? The answer, he asserted, depends on the 'spirit' with which wealthy men conduct their economic activities. Historically speaking, said Harper, wherever the industrial spirit has prevailed, as opposed to the predator, [the] evolution [of democratic institution has continued] and will continue until it includes within its grasp the entire world. When the predatory spirit has dominated economic life, however, democracy has fallen victim.