Confiscations; United States -- Social conditions -- 1865-1918
There is a natural increase of wealth in every country. Keep that
natural increase in the country where it is made, and there will always
be a surplus left after the mere live and wear expenses are paid, and
this surplus can be used either to support an army or to build
macadamized roads. This then is the other half, without which she would
be where we are: France legislates to keep her wealth in her own country
- and her loss on that canal is only one plum out of her heeping bushel.
The foreign sapper and miner does no work on French soil. His field of
operation is the whole American continent, beginning in Canada and on
down through, without a skip, till he reaches Magellan and the Horn,
scattering his due bills all the way.
The French law-maker, in spite of his clatter, is without a peer, and he
dwarfs none so much as our own, who will become the butt of his own
sneer if he ever gets his eyes open.
This foreign master of the art of governing legislates in the interests
of his own people, who are the only source of his country's power or
greatness, and he leaves the income of the large farm or small one where
it is made. And when the issuing of bonds is the only alternative he
issues them in sizes those small incomes can buy.
Their labor pays the debt in the end, and it is their interests that are
first consulted when profits from bond issues are considered. He makes
the size of the bond fit their ability to buy, and not that of the
millionaire syndicate, as is the case in this misgoverned land, where
the matchless ignorance and complicity of the law-maker is made to serve
the matchless corruption and greed of its millionaire master.
No French syndicate makes its five to ten per cent. profits off every
issue of bonds.
Thousands among our toilers could have secured their ten-dollar savings
could they have bought Government bonds of that denomination but they
could not, and were forced to become the victims of swindling bankers.
Individual greed cares nothing for its victims as they are thrown on the
streets and its ways.
When this enterprising foreigner, with his surplus capital, the result
of wise laws, started for Panama to do a much needed work for this
Western world, that this great gold producing country could not find the
capital to do, our blackmailers worked the Monroe Doctrine on him and
all the while he was quieting the rascals, the sappers and miners were
splitting their sides at our treasury door.
Congress is opened by a chaplain. It should be opened by a physician and
a warrant - bibs for the drooling chins of some and the rest to jail.
[2] The writer is not within hundreds of miles of works of reference;
but these figures are substantially correct. The quibbler, however, is
welcome to anything he may find.
Conclusion.
Public-domain text, read in full here on John Shaqi.
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