Antitrust law -- United States -- Fiction; Capitalists and financiers -- Fiction; Railroad stories
Two years before this, Jacob S. Coxey, horse breeder, quarry owner,
crank, whom no one had heard of until then, proposed to cure the
economic disease then afflicting the country by the simple expedient of
hiring all the unemployed on public works. Congress should raise half
a billion dollars from non-interest bearing bonds and spend the money
on national roads. This plan received some publicity as a freak idea;
nobody had been really serious about it. What then happens?
One Carl Browne, theosophist, demagogue and noise-breaker, seeks out
this money crank at Massillon and together they incubate the thought of
calling upon the people to take the plan in the form of a petition and
walk with it to Congress. The thing is Russian,--“a petition in boots,”
a prayer to the government carried great distances by peasants on foot.
The newspapers print it as a piece of light news. Then everybody begins
to talk about it, and the response is amazing. People laugh openly and
are secretly serious.
A day is set for the march to begin, a form of organization is
announced and Coxey Army contingents begin to appear spontaneously all
over the country. This also is news, to be treated in the same light
spirit, and no doubt it is much exaggerated for sportive reasons. As
the day approaches little groups of men, calling themselves units of
the Christ Army of the Commonweal, set out from Missouri, Illinois,
Pennsylvania, Kansas, Michigan, from anywhere east of the Missouri
River, footing it to Massillon to merge their numbers. Then it rains.
For three weeks there is nothing but rain, and the flesh fails. That is
why there is but a scant one hundred to make the start. Coxey believes
the bemired and tardy units will survive and catch up. He still hopes
to have tens of thousands with him when he reaches Washington.
But all of this vibration is unmistakably emotional. That is a fact
to be accounted for. When did it become possible to emotionalize the
human animal with a financial idea?--specifically, a plan to convert
non-interest bearing bonds into an unlimited amount of legal tender
money? Never. The money theory is merely the ostensible aspect, the
outwardness of the matter. Something else is signified. What is it?
I come back to what the Cleveland man said. Why are people hungry in a
land of surplus food? Why is labor idle? Labor applied to materials is
the source of all wealth. There is no lack of materials. The desire for
wealth is without limit. Why are men unemployed instead of acting on
their unfinished environment to improve it?
Public-domain text, read in full here on John Shaqi.
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