The impending crisis : $b conditions resulting from the concentration of wealth in the United States — John Shaqi
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
And Mr. Louis Post says in “The Public” of Chicago: “Our leisurely
friends of Philadelphia, who are to be envied, by the way, and not
sneered at, for being philosophical enough and sensible enough to keep
so much unwholesome hustle out of their lives—these slow and sober
people must have been ‘startled’ by the above ‘revelations’ of the
Philadelphia North American, that ancient landmark, now in its 128th
year.[2] It was undoubtedly an amazing surprise in view of its age that
the answer of its readers was, as you see, ‘revolution and bloodshed.’
If similar questions were presented to the thinking public of the
various cities of the United States, we might have thousands of like
opinions and all of them would be conditioned by sufficient reasons.
One of the most prominent thinkers of the city of Chicago[3] also quite
recently said that “the Twentieth Century will bring to us the bloodiest
revolution that human [SN: OPINIONS OF LEARNED MEN.] history ever
witnessed.” And his assertion was not less amazing than was the
affirmation of the substantial business men of Philadelphia. If it were
honest and right to expose the names of men whose confidential
conversations led to the same or similar assertions, I alone could make
a long list of these names.
They all admit that the nation, as an organism, has long been diseased;
its nerves have long been abnormally strained. But, like the friends of
Philadelphia, they speak about revolution and bloodshed which is but the
last and most convulsive stage of any nation’s serious disease. And it
is true that, when this stage is reached, it is impossible to avoid the
most intolerable operation.
But the amazing feature of such opinions is that different men agree in
affirming that revolution and bloodshed is almost unavoidable; yet
different men, as I know, [SN: CAUSES OF UNREST.] assign different
causes for such an undesirable event.[4] Some say it must come because
the population increases and the unemployed laborers increase. Others
say that the trusts, combinations, and monopolies must ruin the nation.
Still others say that progress and poverty, being very rapid in their
diverse directions, must rapidly bring the wealthy and the poor into the
state of cut-throats against each other. And only very few men
understand that all these causes are but secondary, though working to
the same horrible end. While the real, effective cause for revolution
and bloodshed, with the nation, is the exceedingly unequal distribution
of wealth, and its rapid concentration in a very few hands.
It is this situation that our democratic people will not be able to
endure, because they are born [SN: PEOPLE THINK THEY ARE BORN FREE.]
free, whereas the storing up of wealth in a few hands makes them all
economic slaves; deprives them of the privileges they enjoyed; makes
them absolutely dependent upon the mercies of the rich, which, if shown
to them, they may live; if withheld from them, they must starve to
death.
Public-domain text, read in full here on John Shaqi.
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