If in the well and truly made martini DeVoto finds "water of life" and the blessing to the spirit, so also DeVoto's The Hour brings to its readers the breath of life and a vision of themselves made generous, indomitable and wise.

A certain kind of rich man afflicted with the symptoms of moral dandyism sooner or later comes to the conclusion that it isn't enough merely to make money. He feels obliged to hold views, to espouse causes and elect Presidents, to explain to a trembling world how and why the world went wrong.

The American oligarchy increasingly has less in common with the American people than it does with the equivalent oligarchies in Germany or Mexico or Japan.

The practice of our democracy depends on a sense of, and knowledge of, history in the same way that playing in the World Series requires a bat and a ball.

The genius of capitalism consists precisely in its lack of morality. Unless he is rich enough to hire his own choir, a capitalist is a fellow who, by definition, can ill afford to believe in anything other than the doctrine of the bottom line. Deprive a capitalist of his God-given right to lie and cheat and steal, and the poor sap stands a better than even chance of becoming one of the abominable wards of the state from whose grimy fingers the Reagan Administration hopes to snatch the ark of democracy.

Unlike any other business in the United States, sports must preserve an illusion of perfect innocence. The mounting of this illusion defines the purpose and accounts for the immense wealth of American sports. It is the ceremony of innocence that the fans pay to see - not the game or the match or the bout, but the ritual portrayal of a world in which time stops and all hope remains plausible, in which everybody present can recover the blameless expectations of a child, where the forces of light always triumph over the powers of darkness.

Leadership consists not in degrees of technique but in traits of character.