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accumulating aggregate amount argument assessed Astor average believe Boston Bowery Savings Bank capital and labor capitalists cent CHAPTER chattel slavery Colquitt Commonwealth Avenue corporations depositors deposits distribution of wealth earnings economic employed employer equal estimate exist fact factories families farmers farms fifty follows fortunes gulf between capital hands Herbert Spencer homes hundred income increase individuals industry interest invested land larger less manufacturers Massachusetts masses means million millionaires monopoly number of estates owners paid plutocracy plutocrats political poor popular population present produce profits proposition purchase question quoted railroads real estate reason received regarding result rich richest rule savings banks Shearman smaller Socialism Socialist Spahr Standard Oil Company statement Surrogate Courts Surrogate records tenement tenement houses theory thousand dollars tion trade true United wage slavery wage-earners whole worth York City York Tribune York World
Page 18 - Earnest words must needs be spoken When the warm heart bleeds or burns With its scorn of wrong, or pity For the wronged, by turns. "But, by all thy nature's weakness, Hidden faults and follies known, Be thou, in rebuking evil, Conscious of thine own. " Not the less shall stern-eyed Duty To thy lips her trumpet set, But with harsher blasts shall mingle Wailings of regret.
Page 120 - Communism is a hateful thing and a menace to peace and organized government. But the communism of combined wealth and capital, the outgrowth of overweening cupidity and selfishness, which assiduously undermines the justice and integrity of free institutions, is not less dangerous than the communism of oppressed poverty and toil, which, exasperated by injustice and discontent, attacks with wild disorder the citadel of misrule.
Page 208 - The writer has learned, and hopes to teach, that, upon matters coming within its field, the common observation of common people is more trustworthy than the statistical investigations of the most unprejudiced experts. Indeed he has come to believe that social statistics are only trustworthy when they show to the world at large what common observation shows to those personally familiar with the conditions described.
Page 27 - There will, therefore, be an increasing tendency toward the centralization of great wealth in corporations, which will simply eat up the small manufacturers and the small dealers. As the two classes of rich and poor grow more distinct, they will become more estranged, and whether the rich, like Sydney Smith, come to regard poverty as "infamous," it is quite certain that many of the poor will look upon wealth as criminal.
Page 61 - I shall for the most part confine myself to large facts which are known of all, or can be ascertained in the simplest possible way. "Whether the universal sentiment in favor of protection as applied to every country is sound or not, I do not stop to discuss. Whether it is best for the United States of America alone concerns me now. and the first thing I have to say is, that after thirty years of protection, undisturbed by any serious menace of free trade, up to the very year now last past, this country...
Page 234 - America are propertyless; nevertheless, seveneighths of the families hold but oneeighth of the national wealth, while one per cent of the families hold more than the remaining ninety-nine.
Page 40 - In May, George Washington, on his way to Congress, met the Rev. Jonathan Boucher, in the middle of the Potomac ; while their boats paused, the clergyman warned his friend that the path on which he was entering might lead to separation from England. "If you ever hear of my joining in any such measures," said Washington, " you have my leave to set me down for everything wicked.
Page 38 - Superfluity on the one hand, and dire want on the other — the millionaire and the tramp — are the complement each of the other. The classes from which we have most to fear are the two extremes of society — -the dangerously rich and the dangerously poor ; and the former are much more to be feared than the latter.
Page 252 - The United States of America are practically owned by less than 250,000 persons, constituting less than one in sixty of its adult male population. Within thirty years, the present methods of taxation being continued, the United States of America will be substantially owned by less than 50,000 persons, constituting ICFS than one in 500 of the male population.