but the possession of land and slaves created an aristocracy of large political influence over poorer neighbors. In New York something of the same kind existed, two or three of the great families struggling with one another for the political control of the state. These were all democrats of a peculiar type well worthy of study. They professed popular principles while they scorned the populace and led cohorts of uneducated men whom they handled and disposed of as they chose. After the war the commerce and industry of the country suffered a heavy reverse from which it did not recover until 1820 or 1821; but then came the influence of steam navigation, as the first of the great inventions, together with the factory system and some great improvements in machinery, and the position of the artisan, in spite of the protective policy to which the result was generally attributed as a cause, underwent a steady and very great improvement. In 1825 the Erie Canal was opened and, together with the application of steam to lake and river navigation, led to an unparalleled development west of the Alleghanies. In the southwestern states the immense profits of cotton culture led to rapid settlement and development. As early as 1816 the tide of immigration had become marked. It was interrupted during the hard times but went on again increasing steadily. Thus you see that the material prosperity of this country was just taking its great start at the beginning of the twenties. The natural consequence was that there was a great body of persons here who had been used to straitened circumstances, but who now found themselves prosperous, every year improving their condition. Such a state of things is of course eminently desirable. Economists and statesmen are continually trying to bring it about. Observe, however, some of the inevitable social, political, and moral effects. This class expanded under the sun of prosperity both its virtues and its vices. It became self-reliant and independ-
