All, The Intelligent And Stupid, Diligent And

From The Fact Of General Well-being Came The New Position Of The Poor. They Were Now In Most Communities A Minority. The Voice Of The People Was Now The Voice Of Relative Affluence. Politicians In Pursuit Of Votes Could Be Expected To Have A Diminishing Concern For The Very Poor. Compassion Would Have To Serve Instead - An Uncertain Substitute.

In Public Administration Good Sense Would Seem To Require That Public Expectation Be Kept At The Lowest Possible Level In Order To Minimize Eventual Disappointment.

In Central Banking As In Diplomacy, Style, Conservative Tailoring, And An Easy Association With The Affluent Count Greatly And Results Far Much Less.

Simple Minds, Presumably, Are The Easiest To Manage.

Man, At Least When Educated, Is A Pessimist. He Believes It Safer Not To Reflect On His Achievements; Jove Is Known To Strike Such People Down.