ABSTRACT
The pioneer Democracy began to realize that there was a thing as a national economic policy. The pioneer Democrats had been organized in order to oppose any positive action on the part of the central government to effect a desirable national policy. The strong constitutional guarantees of the security of property were based on the supposition that the individual and the social economic interests substantially coincided. That the economic nationalism of the Republicans ceased after a certain length of time to make for human welfare is undoubtedly the case, but its eventual perversion should not prevent people from placing a correct estimate upon its original meaning. The Republicans proposed to use the general government as the instrument of a policy which sought national integrity by means of the assertion of a humanized democracy. Thus an administrative disintegration which was natural and innocuous to a do-nothing individualist democracy was embarrassing and contradictory to a nationalizing democracy.
