Freedom! Equality!! Justice!!! These Three; but the Greatest of These Is Justice: A Speech on the Impending Revolution, Delivered in Music Hall, Boston, Thursday, Feb. 1, 1872, and the Academy of Music, New York, Feb. 20, 1872Woodhull, Victoria C. (Victoria Claflin)
Philosophy
Freedom! Equality!! Justice!!! These Three; but the Greatest of These Is Justice: A Speech on the Impending Revolution, Delivered in Music Hall, Boston, Thursday, Feb. 1, 1872, and the Academy of Music, New York, Feb. 20, 1872
Woodhull, Victoria C. (Victoria Claflin)
Social problems; Speeches, addresses, etc.
Another mode of remedying the existing ills in industry and the
distribution of wealth, must be in giving employees an actual interest
in the products of their labors, so that ultimately co-operation will be
the source of all production, its results being justly distributed among
all those who assist in the production. First, pay the employer the same
rate of interest for his capital that Government shall charge for loans
made to the people; next, the general expenses, including salaries to
himself and all employees, the remainder to be equitably divided among
all who have an interest in it. Do you not see what a revolution in
industrial production such a constitutional provision would effect? And
do you not suppose if the workingmen and women of this country
understood the justice of it, that they would have it? I intend that
they shall have the required information. Already there have been half a
million tracts upon these subjects sent broadcast over this land, and
the present year shall see double as many more, until every laborer,
male and female, shall hold in his or her own hands the method of
deliverance from this great oppression.
But there is another consideration, which, more forcibly than any other,
shows the suicidal policy which we pursue. If the present rates of
interest are continued to be paid upon only the present banking capital
and bonds of the country, for twenty-five years to come, the interest,
with the principal added, will have absorbed the total present wealth,
as well as its perspective increase. And such a consummation as this are
the European capitalists now preparing for this country. Europe holds
not less than three thousand millions of bonded indebtedness of this
country, which is being augmented every month by additional railroad
bonds, or some syndicate operation. So do you not see that European
capital is gradually, but nevertheless inevitably, absorbing not only
all of our annually produced wealth, but also acquiring an increased
mortgage every year upon our accumulated wealth? There is no escaping
these facts. Figures don’t lie. Mathematics is an absolute science from
whose edicts there is no escape. And mathematics inform us that we are
year by year mortgaging ourselves to European capitalists, who will
ultimately step in and foreclose their mortgages, and possess themselves
of our all, just as we foreclose our smaller mortgages, when there is no
hope of a further increase from interest.
Public-domain text, read in full here on John Shaqi.
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