America is said to be the arena on which the battle of freedom is to be fought; but surely it cannot be freedom in a merely political sense that is meant. Even if we grant that the American has freed himself from a political tyrant, he is still the slave of an economical and moral tyrant. Now that the republic--the res- publica--has been settled, it is time to look after the res- privata,--the private state,--to see, as the Roman Senate charged its consuls, "ne quid res-PRIVATA detrimenti caperet," that the private state receive no detriment.