LITMIR.BIZ

      12. America in Liquidation

       Table of Contents

      The preceding sections have given a general view of the course of history in the Old World during the middle decades of the twentieth century. Even in Europe certain regions, as we have noted, stand rather aloof from the essential drama, following a line of development of their own, less tragic and intense than that of the leading Powers. Spain, for example, the new Spain that was born in 1931, has the rôle of an onlooker, an onlooker much preoccupied with his own affairs. Still more noticeable is the non-participation of both Latin — and English-speaking America in these passionate and violent happenings. They suffered parallel economic, political and social stresses, but within their own limits. After the financial storms of the Early Thirties, the shocks that came to them from the European troubles affected them less and less. They took up their particular aspect of the decline and fall of private capitalism and worked it out in their own way.

      Yet the fact they did share in that decline and fall brings out very clearly a fact that was sometimes disputed in the past: the immediate causes of the world collapse in the twentieth century were first monetary inadaptability, secondly the disorganization of society through increased productivity, and thirdly the great pestilence. War was not a direct cause. The everyday life of man is economic, not belligerent, and it was strangled by the creditor. Had the world been already one state in 1900, and had it still been an economy of private accumulation with a deflating currency, it would have collapsed in very much the same fashion that it did collapse. Had it been cut up into a hundred belligerent states at that time, but with a monetary system that restrained the creditor and allowed industrial development without limit, it might have released sufficient energy to have gone on with its wars for another century or so before it reached the goal of mutual extermination. The monetary collapse was the most immediate factor in the world’s disorganization, enfeeblement and famine. Without it man might have pursued a far longer and more strenuous career to massacre and suffocation. On the whole it was perhaps well for him that progress tumbled over finance in the nineteen-thirties.

      The futility of all the early anti-war movements becomes understandable only when we grasp the essential importance of a sane monetary nexus. On this we have insisted throughout, we have elucidated the connexion of the creditor and traditional antagonisms from half a dozen angles, and nothing could emphasize and drive home the lesson more than the parallelism of the American and Old-World experiences.

      From the days of their first political separation from the European system the American communities had gone through their own series of developmental phases, independent of and out of rhythm with the course of events in the Old-World. Independent — and yet not completely independent, because they were upon the same planet. Throughout the nineteenth century the American mind, in north and south alike, was saturated with the idea of ISOLATION. It was taught in the schools, in the Press, in every political utterance of a general import, that the New World was indeed a new world, an escape from the tyranny of ancient traditions to peace, liberty, opportunity and a fresh life for mankind. It had to avoid all “entangling alliances” with Old-World states and policies, forget the inveterate quarrels and hatreds of Europe even at the price of forgetting kinship and breaking with a common culture, and work out and set the example of a more generous way of living. From the days of George Washington to the days of Woodrow Wilson, in spite of the Civil War and much grave economic trouble, the American mind never abandoned its belief in its own exemplary quality and its conception that towards the rest of the world its attitude must be missionary and philanthropic. It realized that it knew many things very simply, but it had no doubt it knew better.

      Throughout the nineteenth century both America and Europe expanded enormously, economically, biologically. America was profoundly impressed by her own growth and disposed to disregard the equal pace of European progress. Assisted by a tremendous immigration from Europe, the population of the United States increased by about 80 millions in a hundred years. But in spite of that tremendous emigration, Europe during that period added 240 millions to her multitudes. The American cherished a delusion that he had “got on” relatively to Europe. His life had in fact expanded, concurrently with the European’s, and through the working of ideas and inventions and the importation of human energy from the older centres. In his unimpeded continent the different elements in the expansion increased at rates that did not correspond with the European process. He was living in a similar progressive system, but he was more and more out of phase with Transatlantic developments.

      And throughout that century inventions in transport and communications were “abolishing distance” and bringing points that had formerly been months apart into a few hours’ or a few moments’ distance from one another.

      The resulting alternations of intimacy and remoteness across the Atlantic constitute one of the outstanding aspects of twentieth-century history. It is like two great and growing tops that spin side by side. They approach, they touch and clash, they wabble and fly apart. Or it is like two complexes of machinery, destined ultimately to combine into one world mechanism, whose spinning wheels attempt to mesh and fail to mesh and jar with a great shower of sparks and splinters and separate again. From the end of the nineteenth century onward the unifying forces of life were tending to gear America with Europe. By the middle of the twentieth century any observer might have been forgiven the conclusion that the intergearing had failed.

      We have already given great prominence in this history to the figures of Henry Ford, Woodrow Wilson, and the second Roosevelt, Franklin Roosevelt. We have told of the magnificent advance upon Europe and the subsequent recoil of America within and about them. A brief but competent contemporary book by an American publicist, Frank H. Simonds, Can America stay at Home? (1933) surveys the question of isolation very illuminatingly as it appeared in the opening years of the great economic slump which closed down for good and all the wild freedoms of Acquisitive Private Capitalism. He shows how the phases of approach and repulsion succeeded one another from the first imperialist enterprises of Roosevelt I (Theodore Roosevelt, 1901-1909) onward; how impossible it seemed for America either to keep out of Old-World affairs or to mingle frankly in them. It expressed its virtuous opinions and would not back them. It insisted upon moral judgments and would not take responsibility. In European eyes, to quote Simonds’ new historical phrase, “American concern for peace appeared a transparent endeavour to combine the mission of John the Baptist with the method of Pontius Pilate.” The explanation lay in just that mixture of liberal modernity and naive crudity in the American intelligence on which we have laid stress.

      From its beginning the American republic was a break with

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