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January 23, 2008
On political dynasties c. 1908
A fascinating editorial in the Jan. 23, 1908 NYT discusses how the Democratic party might want to get rid of a candidate that has been hanging around for too long: Why should [William Jennings] Bryan get out unless he is forced out? From the point of view of the Democrat, the patriot, the wise party leader, innumerable reasons may be advanced why he should abandon his pretensions to the candidacy; from the personal point of view of Mr. Bryan, not one. Mr. Bryan is a very successful man. In seeking a third nomination he is pursuing the path of success that has led him to fame and fortune. He is a rich man. He has said that he has money enough to make him comfortable the rest of his life. He has made his fortune by being the candidate, by refusing to relinquish his grasp upon the leadership of the Democratic Party. Because of the position he holds men buy his Commoner, and lecture committees pay him large fees. Mr. Bryan, in the language of the street, has a "good thing." He would be a fool to let go of it.Might this apply to a certain "third term" seeker today? Posted by Craig Depken at 02:01 PM in Politics
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The statesman who should attempt to direct private people in what manner they ought to employ their capitals would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it. -Adam Smith
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