Confiscations; United States -- Social conditions -- 1865-1918
And the excess of every fortune now exceeding that amount to be
confiscated and turned into the public treasury. No exceptions to be
made as to persons or the thing owned. Money, land, buildings, bonds,
stocks, everything - wherever an excess is found, confiscate.
The anarchist! It is justice and the intelligence of the people that
these new tyrants dread. The equity of this reform should be evident to
every one who knows that this government was originally established for
the good of all. And the time has now come when the work commenced in
1776 should be again resumed, and our latest masters got rid of some way
or other.
But, it will be asked, will not a fifty times millionaire give
employment to as many men as will 500 men with $100,000 each. No. Not
even if madam and himself are at home from toadying up and down through
Europe in search of a princeling. (Stop this fad of the spoiled darlings
of fortune and you stop a leak through which over $1,000,000,000 of
American money has already disappeared. We will sustain this with facts
in its proper place.) One million dollars divided among ten men will do
ten times more good than if owned by one man. One million dollars owned
by one man is like one million acres owned by one man. He will certainly
make some kind of use of his acres, but the very best he can do will be
as nothing compared to the use a thousand men or more can make of them.
It is the same with a million of money. And an enterprise calling for
one million dollars of capital can be carried on just as well if that
capital is owned by fifty men, as it could if it is owned by one man. We
will have more to say on this point before we are done.
The American millionaire has also the power to squander outside of our
own territory that which is much needed in his country. And the
thousands in money which he sends to Europe for something to hang on his
walls would pay for a much needed improvement in some city or town in
the country where the money was made.
The American millionaire is a detriment to his own country any way you
take him, although a great many people are thoughtless enough to say
that we cannot get along without the millionaire. The capital which he
controls will be still here after he is legislated out of office, just
as it is when Father Time gathers him in.
Public-domain text, read in full here on John Shaqi.
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