debts, the anonymity of financial action and the rest of it, did not begin to flourish fully until after the first third of the nineteenth century, and though anyone might (one would think) have been able to discover the exceedingly unstable character of that society, yet our fathers took it for granted as an eternal state of things. Your Victorian man with £100,000 in railway stock thought his family immutably secure in a comfortable income, and what he thought about capitalism he thought also about his newly-developed anonymous press, his national frontiers, his tolerance of this, his intolerance of that, his parliaments and all the rest of it. It is no wonder if, under such a false sense of permanence and security, he lost historical perspective in this other and graver matter we are here discussing.
But apart from the argument that what I have called the nineteenth century or Liberal attitude towards the Jews worked well for its little day (at least, in Western Europe), there is also the fact that under special circumstances something very like it has worked well for much longer periods in the past. Take, for example, the position of the Jews in such a town as Amsterdam. The reception of a Jew as a citizen exactly like others, though he was present in very large numbers, the fiction denying his separate nationality, has held for generations in that community and it has procured peace and apparent contentment upon both sides. And what is true to this day of Amsterdam has been true in the past for long periods in the life of many another commercial and cosmopolitan society: that of Venice, notably, and, in a large measure, that of Rome; in that of Frankfort, of Lyons, and of a hundred cities at special times. It was true of all Poland for generations.
One might add to the list indefinitely, but always with the uncomfortable knowledge, as one wrote, that the experiment invariably broke down in the long run.
Again, there was to be advanced for this Liberal attitude of the nineteenth century the very powerful argument that while to one party