[16] And society is still organized to ensure the perpetuation
of this poverty, no matter what the bounties of nature, or
what the increase of wealth by art and invention. The army
of the dissatisfied, the hungry, and the demoralized,
continually grows and becomes more dangerous. The President
of the National Home Association at Washington stated a few
months since that there were _sixty thousand boy tramps_ in
the United States.
The enormous wealth developed in our republic, in which a single city
holds a thousand millionaires, controls the press, controls legislation,
and teaches the ambitious to sell themselves to the wealthy who are the
controlling power. Under such influences arises that moral insensibility
which, in New York, could squander twenty millions on one building,
while half the children were out of school, and a large portion of the
insane were left wallowing in indecent filth, worse than that of a hog
pen, as shown in the Albany _Law Journal_.
In presenting these views, I am not assailing millionaires as men more
objectionable or censurable than any other class. It is not true that
the mere ability to gain wealth implies moral inferiority, for it
implies many substantial and honorable qualities. Reverse the social
ranks, give the wealth to the poor, and our condition would not be
improved, perhaps it would be much worse. The fault lies in our social
system of struggle and rivalry, and while that system generates, as it
always has, extreme wealth and extreme poverty, we must combat these two
evils, and to control them is the purpose of this essay. Whether a
better social system is possible that would PREVENT them, is not now
under consideration, but surely there must be a system which will make
unlimited wealth and unlimited poverty impossible, for such conditions
are incompatible with a permanent, peaceful, and prosperous republic. As
well might we expect a successful voyage from a ship with four-fifths of
its cargo on the upper deck, as from a republic top heavy with
millionaire capital. Can we believe that republics are forbidden by the
laws of progress and evolution; that they must, as Macaulay maintained,
come to a fatal crisis? I trust not. But does not our social system,
inherited from barbarism, built up on the hot ashes left where the fires
of war have desolated, necessarily develop that inequality which has
swept the great empires of antiquity to their doom. When all the wealth
of the nation has fallen into the possession of two per cent. of the
population, the period of danger has arrived. Five per cent. of our
population had, in 1880, absorbed four fifths of the national wealth,
and at present, according to the careful statistics of Mr. Shearman,
less than two per cent. hold seven tenths of our wealth, and are rapidly
advancing to nine tenths, their progress being assisted by the indirect
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