The Barre Daily Times

OF THE RICH
Ferrero, Historian, Tells of the Movement
COMMENTS ON THE LACK

Everything to Be Put on Basis of Business-The President Entertains a Party of Statesmen.

Paris, June 30. Signor Guglielmo Ferrero, the Italian historian, who visited the United States last year, continues publication in the Figaro yesterday of his comments on the anti-plutocratic movement in America. He calls attention again to the lack of organized resistance on the part of the rich, which he explains by a general recognition on their part that the movement has been provoked by real abuses, which must be corrected. Many people sympathize with this movement openly, and some sons of rich men have thrown themselves into the fight. This fact the writer considers to be another proof of the endurance of idealism in America, where the basis of everything is the theoretical rule of the majority. The infiltration of anti-plutocratic ideas among the masses is recognized, and the Republican party, although allied to the interests of the rich, has realized that it could not adopt too hostile an attitude without provoking revolt. Signor Ferrero is of the opinion that the picture painted by Maxim Gorky and others of the vicious rich American oligarchy cringing before the masses is erroneous, and says the belief is held in some quarters in Europe that the masses in America are organizing a revolution to despoil the wealthy. Signor Ferrero explains the ground for his conviction that the feeble defense which the rich men of America are making against this anti-plutocratic movement will not result in a social catastrophe.