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saw the end of the Republic about which men like Jefferson and Lincoln wrote and dreamed. The New Century marked the opening of a new epoch--the beginning of world dominion for the United States. FOOTNOTES: [35] "A History of the American People," Woodrow Wilson. New York, Harpers, 1902, Vol. V, pp. 273-4. [36] For further details on the Philippine problem see Senate Document 62, Part I, 55th Congress, Third Session. VII. THE STRUGGLE FOR WEALTH AND POWER 1. _Economic Foundations_ The people of the United States, through their contests with the American Indians, the Mexicans and the Filipinos, have established that "supreme and extensive political domination" which is one of the chief characteristics of empire. But the American Empire does not rest upon a political basis. Only the most superficial portions of its superstructure are political in character. Imperialism in the United States, as in every other modern country, is built not upon politics, but upon industry. The struggle between empires has shifted, in recent years, from the political and the military to the economic field. The old imperialism was based on military conquest and political domination. The new "financial" imperialism is based on economic opportunities and advantages. Under this new regime, territorial domination is subordinated to business profit. While American public officials were engaged in the routine task of extending the political boundaries of the United States, the foundations of imperial strength were being laid by the masters of industrial life--the traders, manufacturers, bankers, the organizers of trusts and of industrial combinations. These owners and directors of the nation's wealth have been the real builders of the American Empire. As the United States has developed, the economic motives have come more and more to the surface, until no modern nation--not England herself--has such a record in the search for material possessions. The pursuit of wealth, in the United States, has been carried forward ruthlessly; brutally. "Anything to win" has been the motto. Man against man, and group against group, they have struggled for gain,--first, in order to "get ahead;" then to accumulate the comforts and luxuries, and last of all, to possess the immense power that goes with the control of modern wealth. The early history of the country presaged anything but this. The colonists were seeking to escape tyrann
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