The truth about socialismBenson, Allan L. (Allan Louis)
General
The truth about socialism
Benson, Allan L. (Allan Louis)
Socialism
When Socialists speak of buying the trusts, they naturally invite the
inquiry as to where they expect to get the money to pay for them. They
expect to get the money out of the profits of the trusts. That is the
way that Representative Berger provided in his bill. It is a poor trust
that does not pay dividends upon stock and interest upon bonds that do
not aggregate at least ten per cent. of the capital actually invested.
Most of them pay more, and some of the express companies occasionally
spring a fifty or a 100 per cent. dividend.
The Socialist proposal is that the government pay for the trusts with
two-per cent. bonds, and that each year, enough money be put into a
sinking fund to retire the bonds in not more than fifty years. The
burden of purchasing the trusts would thus be spread over a little more
than two generations, but Socialists say the burden would be a burden
only in name, since the prices of trust goods could be radically
reduced, even while the trusts were being paid for, and upon the
retirement of the bonds, all prices could be reduced to cost.
Those who know little or nothing about Socialism believe that Socialists
also differ as to the advisability of using violence to bring about
Socialism. Never was there a greater mistake. Above all others, the
Socialist party is the party of peace. When Germany and England, in
1911, were ready to fly at each other’s throats, it was the Socialist
party of Germany that assembled 200,000 men in Berlin one Sunday
afternoon and declared that if there were a war, the Socialists of
Germany would not help fight it. It was generally admitted, at the time,
that the attitude of the German Socialists, more than anything else, was
responsible for the avoidance of war.
Socialists are equally pacific when considering the best means by which
Socialism may be brought about. Socialists are, first, last and all the
time in favor only of political action and trade-union action. Wherever
there is a free ballot, they believe in using it, to the exclusion of
bombs and bullets. Socialists realize that they can win only by
converting a majority of the people to their belief. That is why they
begin one campaign the next morning after the closing of another. They
are busy with the printing press and their tongues all the while. For
them, there is no closed season.
Socialists realize that Socialism can be reared only upon understanding,
and that the use of dynamite would turn the minds of the people against
them for a hundred years. Any Socialist who believes otherwise is the
same sort of a potential criminal that can be found in any other
party—and equally as rare. The Republican party had its Guiteau and its
Czolgosz, but it repudiated neither of them more quickly than the
Socialist party would repudiate one of its own members who should commit
a great crime.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account