ABSTRACT
One of the fundamental needs in America, if a civilization was to arise, was the accumulation of capital—that is, of resources greater than those consumed in daily living. The English mind had long been accustomed to the triple combination of King, Lords, and Commons; and in general this type was reproduced in America, with local variations. The Spaniards, had found a vast store of capital ready to their hands in New Spain, due to the accumulations of the earlier civilization, and also an unlimited supply of labor for the accumulation of more. If capital is essential for civilization, it is well not to forget the price that humble humanity pays for it. Violence, however, was incidental, and a culture along English lines, but indigenous to America, quickly arose, and with it came not only a much greater richness of life but a fast-increasing differentiation between the various groups of colonies.
