Henry Demarest Lloyd was the pioneer and leader of the great movement that has dis-illusioned Americans and probably has saved them from an abominable industrial despotism. He began at a time when the deadly spirit of complacency and self-satisfaction (which for some reason is supposed to be patriotic) was most upon us; and after he had lighted up the situation as it really was, his countrymen were never again able to ignore it. He planted the seed; his fortune, very unusual in such men, was to see the tilth in a thousand places and in ways of which he had never dreamed.
One could hardly reconstruct in ones mind now the conditions that existed when Mr. Lloyd came upon the stage. The belief in the loveliness and perfection of everything was almost universal and unchallenged. All the records (and results) of rapid fortune-making were joyously accepted as so many evidences of the country's greatness and superior qualities. Strange as it may now seem, we actually looked upon the swelling monopolies with pride; they were evidences of American smartness; and we were prepared to resent any reflections upon the methods of sacred business as implying a lack of the proper devotion to ones country.