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In its issue of November 29, 1851, the "Economist" declares editorially: "The President is now recognized as the guardian of order on every Stock Exchange of Europe." Accordingly, the Aristocracy of Finance condemned the parliamentary strife of the party of Order with the Executive as a "disturbance of order," and hailed every victory of the President over its reputed representatives as a "victory of order." Under "aristocracy of finance" must not, however, be understood merely the large bond negotiators and speculators in government securities, of whom it may be readily understood that their interests and the interests of the Government coincide. The whole modern money trade, the whole banking industry, is most intimately interwoven with the public credit. Part of their business capital requires to be invested in interest-bearing government securities that are promptly convertible into money; their deposits, i. e., the capital placed at their disposal and by them distributed among merchants and industrial establishments, flow partly out of the dividends on government securities. The whole money market, together with the priests of this market, is part and parcel of this "aristocracy of finance" at every epoch when the stability of the government is to them synonymous with "Moses and his prophets." This is so even before things have reached the present stage when every deluge threatens to carry away the old governments themselves.

But the industrial Bourgeoisie also, in its fanaticism for order, was annoyed at the quarrels of the Parliamentary party of Order with the Executive. Thiers, Anglas, Sainte Beuve, etc., received, after their vote of January 18, on the occasion of the discharge of Changarnier, public reprimands from their constituencies, located in the industrial districts, branding their coalition with the Mountain as an act of high treason to the cause of order. Although, true enough, the boastful, vexatious and petty intrigues, through which the struggle of the party of Order with the President manifested itself, deserved no better reception, yet notwithstanding, this bourgeois party, that expects of its representatives to allow the military power to pass without resistance out of the hands of their own Parliament into those of an adventurous Pretender, is not worth even the intrigues that were wasted in its behalf. It showed that the struggle for the maintenance of their public interests, of their class interests, of their political power only incommoded and displeased them, as a disturbance of their private business.

The bourgeois dignitaries of the provincial towns, the magistrates, commercial judges, etc., with hardly any exception, received Bonaparte everywhere on his excursions in the most servile manner, even when, as in Dijon, he attacked the National Assembly and especially the party of Order without reserve.

Business being brisk, as still at the beginning of 1851, the commercial bourgeoisie stormed against every Parliamentary strife, lest business be put out of temper. Business being dull, as from the end of February, 1851, on, the bourgeoisie accused the Parliamentary strifes as the cause of the stand-still, and clamored for quiet in order that business may revive. The debates on revision fell just in the bad times. Seeing the question now was the to be or not to be of the existing form of government, the bourgeoisie felt itself all the more justified in demanding of its Representatives that they put an end to this tormenting provisional status, and preserve the "status quo." This was no contradiction. By putting an end to the provisional status, it understood its continuance, the indefinite putting off of the moment when a final decision had to be arrived at. The "status quo" could be preserved in only one of two ways: either by the prolongation of Bonaparte's term of office or by his constitutional withdrawal and the election of Cavaignac. A part of the bourgeoisie preferred the latter solution, and knew no better advice to give their Representatives than to be silent, to avoid the burning point. If their Representatives did not speak, so argued they, Bonaparte would not act. They desired an ostrich Parliament that would hide its head, in order not to be seen. Another part of the bourgeoisie preferred that Bonaparte, being once in the Presidential chair, be left in the Presidential chair, in order that everything might continue to run in the old ruts. They felt indignant that their Parliament did not openly break the Constitution and resign without further ado. The General Councils of the Departments, these provisional representative bodies of the large bourgeoisie, who had adjourned during the vacation of the National Assembly since August 25, pronounced almost unanimously for revision, that is to say, against the Parliament and for Bonaparte.

Still more unequivocally than in its falling out with its Parliamentary Representatives, did the bourgeoisie exhibit its wrath at its literary Representatives, its own press. The verdicts of the bourgeois juries, inflicting excessive fines and shameless sentences of imprisonment for every attack of the bourgeois press upon the usurping aspirations of Bonaparte, for every attempt of the press to defend the political rights of the bourgeoisie against the Executive power, threw, not France alone, but all Europe into amazement.

While on the one hand, as I have indicated, the Parliamentary party of Order ordered itself to keep the peace by screaming for peace; and while it pronounced the political rule of the bourgeoisie irreconcilable with the safety and the existence of the bourgeoisie, by destroying with its own hands in its struggle with the other classes of society all the conditions for its own, the Parliamentary regime; on the other hand, the mass of the bourgeoisie, outside of the Parliament, urged Bonaparte—by its servility towards the President, by its insults to the Parliament, by the brutal treatment of its own press—to suppress and annihilate its speaking and writing organs, its politicians and its literati, its orators' tribune and its press, to the end that, under the protection of a strong and unhampered Government, it might ply its own private pursuits in safety. It declared unmistakably that it longed to be rid of its own political rule, in order to escape the troubles and dangers of ruling.

And this bourgeoisie, that had rebelled against even the Parliamentary and literary contest for the supremacy of its own class, that had betrayed its leaders in this contest, it now has the effrontery to blame the proletariat for not having risen in its defence in a bloody struggle, in a struggle for life! Those bourgeois, who at every turn sacrificed their common class interests to narrow and dirty private interests, and who demanded a similar sacrifice from their own Representatives, now whine that the proletariat has sacrificed their idea-political to its own material interests! This bourgeois class now strikes the attitude of a pure soul, misunderstood and abandoned, at a critical moment, by the proletariat, that has been misled by the Socialists. And its cry finds a general echo in the bourgeois world. Of course, I do not refer to German crossroad politicians and kindred blockheads. I refer, for instance, to the "Economist," which, as late as November 29, 1851, that is to say, four days before the "coup d'etat" pronounced Bonaparte the "Guardian of Order" and Thiers and Berryer "Anarchists," and as early as December 27, 1851, after Bonaparte had silenced those very Anarchists, cries out about the treason committed by "the ignorant, untrained and stupid proletaires against the skill, knowledge, discipline, mental influence, intellectual resources an moral weight of the middle and upper ranks." The stupid, ignorant and contemptible mass was none other than the bourgeoisie itself.