With a nod toward Henry Adams’ “degradation of the democratic dogma,” I submit that we are witnessing again in 1958 the political degradation of the plutocratic dogma of Mark Hanna by the plutocracy itself (if such there still is) or, if you prefer, Big Business. We likewise are witnessing, unless I am mistaken, the last, labored, Whiglike breathing of the Republican Party as the instrument of the conservative tradition and the balanced elites.
The refusal of the “fat cats” to shell out for Senator William F. Knowland in California and his equally hard-pressed Arizona neighbor, Senator Barry Goldwater, as well as other opponents of a “labor”- leftist hegemony, reveals anew the evasiveness, the downright political cowardice and the intellectual impoverishment of the plutocracy.




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