The industrial republic: a study of the America of ten years henceSinclair, Upton
History
The industrial republic: a study of the America of ten years hence
Sinclair, Upton
Socialism -- United States; United States -- Economic conditions -- 1865-1918; United States -- Social conditions -- 1865-1918
Is it not obvious that if I were to have the power to call a piece of
paper one dollar and to put it into circulation, exchanging it for two
bushels of corn, I could only do it by diminishing the value of every
other dollar in the country a certain small amount? Supposing that the
total wealth of the country was one billion dollars, I should diminish
every single dollar by one-billionth. Suppose that similarly I “made”
one million dollars—by any sort of “making” whatever save by producing
some useful thing and increasing the total wealth of the country—I
should then tax the holder of every dollar one mill. A man who owned ten
thousand dollars would be robbed by me of ten dollars—he would be robbed
of it just as literally and as actually as if I had broken into his
house and stolen his watch. He would not know that he was robbed,
perhaps—all that he would know would be that when he spent his ten
thousand dollars he would not get quite so much. In Dun’s and
Bradstreet’s the event would be recorded in the statement that the cost
of living had risen one-tenth of one per cent. since last week, and that
interest rates had similarly declined. And now here is the young girl
who works in the sweatshops of Chicago for a wage of forty cents a week,
as thousands of them do. The great Amalgamated Copper deal is
consummated, Mr. Rockefeller and his fellow-conspirators “make”
forty-six million dollars—and the young girl’s wage becomes thirty-nine
cents and a fraction. At forty cents she was hanging on for her life; at
thirty-nine cents and a fraction she enters the nearest brothel. Here is
the little child of eight years toiling from six at night till six in
the morning in the midst of throbbing cotton-looms for nine cents. Magee
and Quay of Pittsburg “make” thirty million dollars in street
railroads—and the little child’s wage becomes eight cents and a
fraction. At nine cents he was starving; at eight and a fraction he
faints, and the machinery seizes him, and his arm has been torn out of
him before anyone can answer his screams. So it is, Mr. Steffens, that
there are people in this country to whom the difference between to-day
and to-morrow is simply a difference between life and death.
Public-domain text, read in full here on John Shaqi.
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