The American Credo A Contribution Toward the Interpretation of the National Mind
could no more formulate a course of action to his certain disadvantage than an Englishman could, or a Frenchman, or an Italian, or a German. But to say that the advantage he pursues is always, or even usually, a monetary one—to argue that he is avaricious, or even, in these later years, a sharp trader—is to spit directly into the eye of the truth. There is probably, indeed, no country in the world in which mere money is held

   in less esteem than in these United States. Even more than the Russian Bolshevik the American democrat regards wealth with suspicion, and its too eager amassment with a bilious eye. Here alone, west of the Dvina, rich men are

    ipso facto

   scoundrels and

    feræ naturæ

   , with no rights that any slanderer is bound to respect. Here alone, the possession of a fortune puts a man automatically upon the defensive, and exposes him to special legislation of a rough and inquisitorial character and to the special animosity of judges, district attorneys and juries. It would be a literal impossibility for an Englishman worth $100,000,000 to avoid public office and public honour; it would be equally impossible for an American worth $100,000,000 to obtain either.

   Americans, true enough, enjoy an average of prosperity that is above that witnessed in any other country. Their land, with less labour, yields a greater usufruct than other land; they get more money for their industry; they jingle more coin in their pockets than other peoples. But it is a grievous error to mistake that superior opulence for a sign of money-hunger, for they actually hold money very lightly, and spend a great deal more

   of it than any other race of men and with far less thought of values. The normal French family, it is often said, could live very comfortably for a week upon what the normal American family wastes in a week. There is, among Americans, not the slightest sign of the unanimous French habit of biting every franc, of calculating the cost of every luxury to five places of decimals, of utilizing every scrap, of sleeping with the bankbook under the pillow. Whatever is showy gets their dollars, whether they need it or not, even whether they can afford it or not. They are, so to speak, constantly on a bust, their eyes alert for chances to get rid of their small change.

   Consider, for example, the amazing readiness with which they succumb to the imbecile bait of 
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