Neither the roads nor the railroads of any nation should belong
to any private persons. All means of public transit should be
provided at public expense, by public determination, where such
means are needed, and the public should be its own shareholder.
Neither road, nor railroad, nor canal should ever pay dividends
to anybody. They should pay their working expenses, and no more.
All dividends are simply a tax on the traveller and the goods,
levied by the persons to whom the road or canal belongs, for the
right of passing over his property, and this right should at once
be purchased by the nation, and the original cost of the
roadway--be it of gravel, iron, or adamant--at once defrayed by
the nation, and then the whole work of the carriage of persons or
goods done for ascertained prices, by salaried officers, as the
carriage of letters is done now.
Happily these suggestions of the distinguished Englishman have been
followed, in part at least, by several enlightened nations, but to the
disgrace of our republic, and to the great cost of the producing and
consuming masses, we are lagging behind in these respects, becoming a
camp-follower instead of a leader in the march of progress, because of
the influence exerted by a small class, who have grown so powerful
through special privileges given to them by the nation that they now
assume to thwart beneficent legislation in order that they may
continue to grow richer through this vicious form of governmental
paternalism, which places the multitude in the power of a few.
Ruskin's views on money are as disturbing to the usurers and those who
through special privileges in money have amassed fortunes of unearned
wealth as his sound position on railroads is distasteful to the
monopolists who impoverish the producer and consumer by exorbitant
rates on transportation.
The great Englishman is also too clear-sighted to accept the
fallacious doctrines of the money-changers in regard to the medium of
exchange. He is too honest to hold his peace in the presence of a
great wrong, hence his definition of money is far more nearly correct
than the false and essentially injurious definitions so industriously
promulgated by special pleaders for an interested class. "The final
and best definition of money," says Ruskin, "is that it is a
documentary promise ratified and guaranteed by the nation to give or
find a certain quantity of labor on demand."
Public-domain text, read in full here on John Shaqi.
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