It is interesting, in a recently published harangue against the Standard Oil Company, to read what a high-handed, Napoleonic policy Rockefeller has pursued, and then, in the midst of the fierce accusations, to find it stated that agreements involving millions of dollars and the economic fate of thousands of people were made merely orally. All his confederates took the word of Rockefeller to be as good as his written contract, and such mutual confidence is everywhere a matter of course, whether it is a millionaire who agrees to pay out a fortune or a street urchin who goes off to change five cents. Just as public, so also commercial, affairs get on with very few precautions, and every man takes his neighbour’s check as the equivalent of money. The whole economic life reveals everywhere the profoundest confidence; and undoubtedly this circumstance has contributed, more than almost anything else, to the successful growth of large organizations in America.
The spirit of self-initiative goes out in another direction. It makes the American optimistic, and so sure of success that no turn of fortune can discourage him. And such an optimism is necessary to the man who undertakes great enterprises. It was an undertaking to cross the ocean, and another to press on from the coast to the interior; it was an undertaking to bring nature to terms, to conjure up civilization in a wild country, and to overcome enemies on all hands; and yet everything has seemed to succeed. With the expansion of the country has grown the individual’s love of expansion, his delight in undertaking new enterprises, not merely to hold his own, but to go on and to stake his honour and fortune and entire personality in the hope of realizing something as yet hardly dreamed of. Any Yankee is intoxicated with the idea of succeeding in a new enterprise; he plans such things at his desk in school, and the more venturesome they are the more he is fascinated.
Nothing is more characteristic of this adventurous spirit than the way in which American railroads have been projected. In other countries railroads are built to connect towns which already exist. In America the railroad has created new towns; the engineer and capitalist have not laid their tracks merely where the land was already tilled, but in every place where they could foresee that a population could support itself. At first came the railroad, and then the men to support it. The freight car came first, and then the soil was exploited and made to supply the freight. Western communities have almost all grown up around the railway stations. To be sure, every railway company has done this in its own interest, but the whole undertaking has been immediately productive of new civilization.