The Crime of Caste in Our CountryDavenport, Benjamin Rush
History
The Crime of Caste in Our Country
Davenport, Benjamin Rush
Social problems; United States -- Social conditions -- 1865-1918
“Impracticable, the collection of these taxes,” is one of the excuses
for their non-imposition. The people have trusted Grover Cleveland
with the power of executing the laws of the nation. The people believe
that, as Lincoln, Jackson, and Jefferson, he will not be recreant to
the trust reposed in him. He will collect the taxes; he will seize
the property of the corporations; he will imprison the perjurers. He
will perform the duties imposed upon him, in the high office of the
nation to which the will of the people has called him. He will see that
the mandates of the people are obeyed. This tremendous accumulation
of fortunes must cease! A Vanderbilt leaves a hundred million to one
son! At five per cent. per annum, the income is five millions each
year. It is impossible for him to spend it. The difference between his
expenses and his income is added to this mighty mass of money, which
is concentrating each year more and more, compounding the interest
thereon, in the hands of a few citizens of the Republic. Mr. Gould
dies and leaves a hundred millions. If evenly distributed between his
children, it would be impossible for the income to be spent, and it
would simply accumulate, generation after generation. The Astors have
adopted a habit, like most of the rich men of the nation, in imitation
of English entailment, of leaving the bulk of their property to the
eldest son, while apportioning off the younger children with a million
or two. The impossibility of that elder son spending the income is
perfectly apparent. The object is to accumulate, in the hands of a few
families, the wealth of the nation. The tendency is exactly in that
direction.
Public-domain text, read in full here on John Shaqi.
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