The Education of Henry Adams

among others, some money⁠—thousands of millions were⁠—as bankruptcy⁠—the same⁠—for which he, among others, was responsible and of which he knew no more than they. The humor of this situation seemed to him so much more pointed than the terror, as to make him laugh at himself with a sincerity he had been long strange to. As far as he could comprehend, he had nothing to lose that he cared about, but the banks stood to lose their existence. Money mattered as little to him as to anybody, but money was their life. For the first time he had the banks in his power; he could afford to laugh; and the whole community was in the same position, though few laughed. All sat down on the banks and asked what the banks were going to do about it. To Adams the situation seemed farcical, but the more he saw of it, the less he understood it. He was quite sure that nobody understood it much better. Blindly some very powerful energy was at work, doing something that nobody wanted done. When Adams went to his bank to draw a hundred dollars of his own money on deposit, the cashier refused to let him have more than fifty, and Adams accepted the fifty without complaint because he was himself refusing to let the banks have some hundreds or thousands that belonged to them. Each wanted to help the other, yet both refused to pay their debts, and he could find no answer to the question which was responsible for getting the other into the situation, since lenders and borrowers were the same interest and socially the same person. Evidently the force was one; its operation was mechanical; its effect must be proportional to its power; but no one knew what it meant, and most people dismissed it as an emotion⁠—a panic⁠—that meant nothing.

Men died like flies under the strain, and Boston grew suddenly old, haggard, and thin. Adams alone waxed fat and was happy, for at last he had got hold of his world and could finish his education, interrupted for twenty years. He cared not whether it were worth finishing, if only it amused; but he seemed, for the first time since 1870, to feel that something new and curious was about to happen to the world. Great changes had taken place since 1870 in the forces at work; the old machine ran far behind its duty; somewhere⁠—somehow⁠—it was bound to break down, and if it happened to break precisely over one’s head, it gave the better chance for study.

For the first time in several years he saw much of his brother Brooks in Quincy, and was surprised to find him absorbed in the same perplexities. Brooks was then a man of forty-five years old; a strong writer and a vigorous thinker who irritated too many Boston conventions ever to suit the atmosphere; but the two brothers could talk to each other without atmosphere and were used to audiences of one. Brooks had discovered or developed a law of history that civilization followed the exchanges, and having worked it out for the Mediterranean was working it out for the Atlantic. Everything American, as well as most things European and Asiatic, became unstable by this law, seeking new equilibrium and compelled to find it. Loving paradox, Brooks, with the advantages of ten years’ study, had swept away much rubbish in the effort to build up a new line of thought for himself, but he found that no paradox compared with that of daily events. The facts were constantly outrunning his thoughts. The instability was greater than he calculated; the speed of acceleration passed bounds. Among other general rules he laid down the paradox that, in the social disequilibrium between capital and labor, the logical outcome was not collectivism, but anarchism; and Henry made note of it for study.

By the time he got back to Washington on September 19, the storm having partly blown over, life had taken on a new face, and one so interesting that he set off to Chicago to study the Exposition again, and stayed there a fortnight absorbed in it. He found matter of study to fill a hundred years, and his education spread over chaos. Indeed, it seemed to him as though, this year, education went mad. The silver question, thorny as it was, fell into relations as simple as words of one syllable, compared with the problems of credit and exchange that came to complicate it; and when one sought rest at Chicago, educational game started like rabbits from every building, and ran out of sight among thousands of its kind before one could mark its burrow. The Exposition itself defied philosophy. One might find fault till the last gate closed, one could still explain nothing that needed explanation. As a scenic display, Paris had never approached it, but the inconceivable scenic display consisted in its being there at all⁠—more surprising, as it was, than anything else on the continent, Niagara Falls, the Yellowstone Geysers, and the whole railway system thrown in, since these were all natural products in their place; while, since Noah’s Ark, no such Babel of loose and ill joined, such vague and ill-defined and unrelated thoughts and half-thoughts and experimental outcries as the Exposition, had ever ruffled the surface of the Lakes.

The first astonishment became greater every day. That the Exposition should be a natural growth and product of the Northwest offered a step in evolution to startle Darwin; but that it should be anything else seemed an idea more startling still; and even granting it were not⁠—admitting it to be a sort of industrial, speculative growth and product of the Beaux Arts artistically induced to pass the summer on the shore of Lake Michigan⁠—could it be made to seem at home there? Was the American made to seem at home in it? Honestly, he had the air of enjoying it as though it were all his own; he felt it was