What effect did this have? The world took notice and immigration increased as wages advanced. In 1907 over one million immigrants landed on our shores, and more than half with less than the required $35.00 in cash. The next year 800,000 went back. Some of them had been here several years and others only a short time, but, in addition to what they had sent home, they took with them from three hundred to five thousand dollars each. How about capital? For nearly one hundred years, foreign capital sought American opportunity. Foreign capital built our first railways, established our first banks, erected our first factories. But about twenty-five years ago it largely ceased to come, for it could do no better here than elsewhere. Even American capital sought employment in Mexico, China and in Canada, simply because these countries offered better rewards for capital. The records of the Immigration Department contain positive proof that for more than twenty-five years labor in this country has been relatively better rewarded than capital. Otherwise capital would have come as labor came. This great truth ought not to be ignored. The only reason capital continued to come for one hundred years is because it could do better here than elsewhere. The only reason that it ultimately went elsewhere is because it could do better elsewhere. Meantime, immigration, most of it swelling the ranks of labor, increased solely because labor received in America a relatively larger share of the profits of business and enterprise than in any other country on the map. No one claims that even now labor receives more than its due. I am simply demonstrating the _relative_ rewards of capital and labor in the United States and citing positive proof that immigrants who come seeking opportunity do not pursue a barren hope. CHAPTER XII THE RESULT OF THIS POLICY The policy defined in the preceding chapter is illustrated and its wisdom shown by the logical results thereof. The source and constant course of wages is also discussed. After spending seventy-five years of our national life in the discussion of state rights, and then four years of bloody fratricidal war, the fact that the United States of America is a nation and not simply a confederation of sovereign states was definitely determined. Occasionally, we still hear people speak of “_these_ United States.” But there are none. This one is all there is. The term “these United States” comes dangerously near a treasonable utterance. The court of last resort rendered its decree at Appomattox that the United States of America is “one and inseparable, now and forever.”