, 1873-11-23

tn ssccn,as "a annually nadcd to tne prneinai end
men!ng lie income of i'd possessors. This inryis
n sS,ssg Iipys.tment i PLACED wlero tts dena
sa. II seoka tho highly ren,uncratyo Investment il
~ tsso5 &c se'sss
m.y ne safcly statcd thaa In rnnny Of Tho Wcstnr1
stsss shsss 4 not AZ otg.nzod county where value
for loans, II Which agens of Eastern capitssis ar.
os rssn sgagsa @ ' losas 1aanoy to aa farn'osH Ta'
mortgagca and there il continnoua md rapilly In
essag ?T a9 Of money from tho West to tho East Ii
Auotber popular modc OF Investment Is In the mun
sls.s ssd Of s.e q ,naspeness 3 in is aos ~ saov ~
lilo Natiensl dob TSssc, viii bo oSsorvea arc p
sources q Income derived from tho en,ployment Of
onss nsa N S s sre as t
snl interest upon tho Naionat debt It Is necessary
Indebtedness. considerable amount OF Nntlonal
M and municipal bonds arc held n Enronc upon which
atal allowance therefor. and aiso for snch ~ may
named, # ssill ioayes Immense roturns to American
oeai or vii sahentleatod prvao rspors
sas:ee sssF W. ''i tss da Law wonG e r s r' 5 s
question that naturally presents tsc In shis inquiry j
"Wh1 paya tho iune!ise REVENUES received by thoao
aRr!ouliurallass employees In naufaetorics aud lho.o
engaged In professional and per,nnni pursuits. Thoso
thres etastea roreaent nves1ths Of ha ontiso popa
n tho light Of ths ninth census It csases to DO an oc-
saslon fGs satpE!ao thst while woa.a 1n. boon
II aasE naE as IL ss ssss ss ys's' sps ns
' asnsfPe Il aES s 'ss a
aYfs a ony wen we nEary onehaf
aid upon the.a y ths no enoposs' i is 10 lou 'cger @'a
eonree to Increase tbo inc,,nbranco uSo liz far,n
from year to year. II tho preaeut slate Of agriculture
continuea Tor another decade, s which
OF the American farmer. Tno second oaBs, thu en-
RioSes II n'anuieetoracs represent about oe.gx Of
ss Which diver tis5 for each urso repressntea
This ia the retnrn for labor only, without lilo use of
any capital and s not subject to e exponre incurred
prodacens Of Ike litter a. eps4,ers, M stfsS tass
contribute TO tho income Of tho railroads and I,auu-
The third clasn 1u this connection, thoso cn-
gagea IA professional mud pessanal purHuita,
t;n tf;sfs'sMns M1,, oss than cns-iith Of the popaia3
iess!ons, artists, authors. domestic sersants day
aSosers hoseksepess, soldiers, sailors. doyosnn,elt
class suecccs IN acquiring WEALTH. he vat G nsjos!ty
procure d most pfecarious .nalnsennucc. VT lAo
earntngs of tha class Mke those et ths farmers aud
IL
ists III Mtpn Tho sae az, md iu propot.ioa
WITH the others. my statements Illus sar sre cor
rect wo ara dfirsn to tho inevitable conr,son llat
lno great mass of tho American peop,e axs receiving
bare maintenance in return for their labor and inycst-
mentu md few individuals absorbing tie great
nnlk Of tho nat earnings Of tho counry.
Upon no syaten Of logic can this alarming llspro-
PORTION u tho accumulation Of wealth 10 attributed to
tns Necessary aWs Of BUSINESS Reteroace to tie ts
of Tho accumulation Of 50 great WeayIG tS
tSre'aaea 1'a d. by tae hatory Of tas United Stats,
Of rreaolnsntly wealthy class is ordinarily SLOW
process, extending through many generations, nnd
single decade, wo sso tae Earnings Of grsat naun
lowing Int tue Golfers Of class Of Capitalists that
isai tue lifted nobility Of Europe in tho exeut o thor
auee such abnormal results. TAey are found in to
avs of tue country nl the policy ot tho aoyornmont,
extending aid aud protection to capital.
Proceeding With his argumont tho ]octnrpr
:ertain extent dld control the action Of political
'artles through their organizations; SECOND.
LOW 4 sought to shape public opinion through |
ts influence upon tho public press; third, how
secured lncaloulahla political powor by secnr-
ng tne eppolntmont Of ita ngonta 10 Federal
POSITIONS and tho chairmansnpB Of certain Cou-
Commlttoos; fourth, how it attompto,l [
control elections at tho polls; and, inaly, how
was used to corrupt tho Representatives. Of tho
eoplo. Undor tho last point tho lecturer said:
ears ia sufficient demonstration OF This pronostou
2 ho descend t9 1snis wos be 70 repeat
tsgaatiug aud hu,nlating feature Of our iastosy'
racces tiat came undor my own personal obserya.
on ct the Capital Of my Stats last wintor led ms to
! tho politics Of the country. As already nlicated
is not my purpose to attempt detacd stat,ncnt Of
s1s ~sss oppsssd 81 Ss Fl m 1ass. II 1 IT.
ID ID al tho Federal oeias With fcw nobe exceptions
sonted nineteuths Of the wealth Of Kat,sas asae from
e Investment in ngtIcul1nrc. Tho amount Of money
Spon'ued to ae!cns tas w1i Of the peope from, tho
gton City was immense. I think wo fati entirely |
comproaenu tho real nature Of that contest, Wien
supnose 1t was IN the intogeat Of ono mai a1.d ha
'rsoual friends that this outlay was rnatle. II was
,nortant to certain political and huanctai interests
as Mr. pomoroy should be ro:urnel to ths Senate. =:
was representative nlan Of tic potico-,t,oueyc
'wcr. he waa famur With tue past history of tiis
weF aud It's plans for tbs future. THIS knowlclu3
rue hiln dangerous man 10 lose aud valuable
Ia also cited the language OF Jones, the Son.
or from Nevada, WHO Baid that '.Cusston, has
tho uac Of money, and both parties
sorted to its use those whoinvcigh against me ,
Q coqually opon to tho same charge. Such
NJ ply docsy the inoyitablc.'
Tho lecturer continued at come lonsth discnss-
this part Of tue subject, and finally Haid tint
9 question would be ashea MIN, "Whore is tho
mody Z" On this poiut ha ssld:
LII my own op1htou there arc two tin9s that need To
done, mud donc quickly. The brst, is for lilo ! +
10 undo its mlgchevous leaalatjon nj1.
and protecting capita and leave tic distribution 6
Woah to follow nntural l1ws, frea from 0oyhr,,- {
,ttal interference. The American reope do moi rn
ite tic protection OF the Government III auy Of ther
1astrtal 1neresta Protection disturbs tradc cstab-
hes monoEoltes, anu interforea with tho ordinary
Ys that goyern tho production and lislrb,tion ri
alth. II dtluinshcs the product Of labor md III
ts captai intn channels Into which If ef froo il il
Md not Co. It forces monufacter!ra TINT wD1,,1 III
crwiso exist and that tho normal condition Of tha
lntry would not juahfy, It tends "a mIiI | -
D privileged class, aud tu any cnnn. |,
It 1ncanR Capitalization. In til. secnnJ u
&c, bclieye TINT tile doctrue Of "yostel riS6ss i
i has hccn interpreted this cou4try in it, nYu
ion TO tito great corporipns, iB utterly ut y1r}acr
tho true spirit u our civil polity: tat under fho j
tor Of this uosrino tho wealthy an ppweriW char j.
I'd corporations have leguly uslrrei the unonIs,a
Its aul passed boypud tuuir control Gy racrnixcI g.
al measures. do not caro- to attpnns ,isn,
tl!B doctrine III s legal nspects ,yhoIor the ntnr
tatiou thlt has obtalne1 III most Of our American D
rts DO technically correct construction OF tn rn il
lon Of thn Go1,HtitMon Of tho Uattrt Etstw4 tn,, Il
trK the tnyioabftfty Ut CONTRACTS: or whehrr lin ii
rter Of railroad by 8satc Legislature ls in ii Al
IRE Of contract Whcthcr railr0adA afo nuhin or
yat1 corporations, mud to wlak extent tloy tre anl
to Legislative coutrol. Neither slat nttalunt lin
:ussion Of tho question whether tho matter Of ~
laportat1oA iB III the uaturo ef Hoyeritct,tal pA
ctlou, Aud to Do regulated In inApucr SIN. "
to tho postal System or whether tho (ior- | be
.nont should nttempt the control Of all tue roads by o
lIuH and managing lArt All tAin HInHfInun nrn yt