In the 'eighties of the last century Manchester Liberalism, which was Jewish in its fundamental ideas, had reached the zenith of its influence in the Dual Monarchy, or had already passed that point. The reaction which set in did not arise from social but from nationalistic tendencies, as was always the case in the old Austria. The instinct of self-preservation drove the German element to defend itself energetically. Economic considerations only slowly began to gain an important influence; but they were of secondary concern. But of the general political chaos two party organizations emerged. The one was more of a national, and the other more of a social, character; but both were highly interesting and instructive for the future.
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