The impending crisis : $b conditions resulting from the concentration of wealth in the United StatesBouroff, Basil A.
History
The impending crisis : $b conditions resulting from the concentration of wealth in the United States
Bouroff, Basil A.
Trusts, Industrial; United States -- Economic conditions; Wealth
Appendix 187
Index 191
CHAPTER I.
DISTRIBUTION OF WEALTH IN THE UNITED
STATES.
When a heavy mass of clouds suddenly rises in a clear sky, every one
thinks that a terrific storm is to follow, displaying a great store of
pent up forces. And many people [SN: SIGNS OF THE TIMES.] never make a
single mistake in predicting from so ominous a summer sky what is going
to take place. Some similar forecasting is now going on within the
consciousness of the people. For nearly every one more or less clearly
feels that he is heavily pressed upon by some portent in the national
life. And every one whose mental horizon is clear enough and wide enough
sees, beyond the outward appearance, that something dangerous is stored
in the nation. It may be something so unusually great in its force,
something so explosive, something so combustible, that with the new
century it may terribly shake the world.
It was quite recently when the “North American” of Philadelphia asked
the question, “What has the Nineteenth Century in store for
Philadelphia?” And by its own admission the replies received were
amazing. In summing them up, before spreading them at large before its
readers, it said:
“Substantial business men, whose names are almost household words,
solemnly affirm that with opinions of the new century will come
revolution and bloodshed. Leading lawyers [SN: OPINIONS OF BUSINESS
MEN.] say the tendency will be toward socialism. Bankers join with labor
leaders in forecasting the triumph of the single-tax theory and the
consequent overthrow of existing social conditions. That such a
tremendous undercurrent of dissatisfaction and unrest exists in this
city will undoubtedly come as a shock to thousands of conservative
citizens. The opinions given are not those of labor agitators or
anarchists. They are the careful expressions of men of wealth and of
broad education. The revolutionary suggestions were not shouted upon the
street in time of riot and excitement, but were given deliberately while
the speakers sat in their well furnished offices, surrounded by comforts
and evidences of prosperity.[1]” So then the Nineteenth Century has
stored up in the social organism of the nation enough material to
produce revolution and bloodshed in the Twentieth Century.
Public-domain text, read in full here on John Shaqi.
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