The Iola register., 1891-01-23
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yate and he does not favor the forcible re-
distribution of property. He came to this
continent as he has gone everywhere else on
the face of the earth, with purpose. The
4OO01 English colonists who came to this
country between 1920 and 1850 formed the
most significant, the most formidable migra-
tion that has ever occurred upon this globe
since time began. They brought with them
social and political ideas novel in their APP
plication of inconccivable energy and pow
er The home, the family, the state, indi-
vidualism, the right of personal effort, free
dom of conscience, an indomitable love OF
liberty and justice, genius for self-govern-
ment an unrvaled capacity for conquest,
but preierring charters to the sword, and
they have been inexorable and relentless in
the accomplishment of their designs.
STRIDE OF PROGRESS.
When the Atlantic cable was completed it
was not merely that wire, finer by COM
parison than the gossamer of morning, had
sunk TO its path along the peaks and the
plateaus of the deep, but the earth instan-
taneously grew smaller by the breadth OF
the Atlantic A new volume in the history
of the world was opened. The tomorrow OF
Europe flashed upon the yesterday of Amer
lea. Time, up to the period when TINS ex-
pertinent commenced on this continent,
Welded its treasures grudgngly and with re-
luctance. The centuries crept from I'M
proyement to Improvement with tardy,
sluggish steps. as IL nature were unwilling
to acknowledge the mastery OF man. The
great inventions of glass. of gunpOwder, OF
printing and the mariners compass con
sumed Thousand years, but As the great ex-
periment upon this continent has proceeded
the ancient law of progress has been disre-
garded and the mind is bewildered by the
stupendous results of its marvellous achieve
ments The application of steam to locomo-
tion on land and sea, the cotton gin. electric
illumination and telegrapy, the cylinder
printing press, the sewing machine,
the Photographic art, tubular and
SUSPENSION bridges, the telephone,
the spectroscope and the myriad
forms of new applications of science to
health and domestic comfort, to the arts OF
peace and war, have alone rendered democ-
racy possible. The steam engine emanci-
pated millions from the slavery of daily toll
and left them at liberty to pursue a higher
range of effort. Labor has become more re-
muneratIve, and the flood Of wealth has
raised the poor TO comfort and the middle
classes to affiuence. With prosperity has at
tended leisure, books travel; the masses
have been provided with schools, and the
range of mental inquiry has become wider
and more daring. The sewing machine does
the work of a hundred hands and gives rest
and hope TO weary lives. Farming, as my
distinguished friend from New York (Mr
Eyartsl once said. has become 'sedentarv
occupation" The reaper no longer swings
his sickle in midsummer fields through the
yellOwing grain, followed by those who
gather the wheat and tares, but he who rides
in a vehicle is protected from the meridian
sun accomplishing in comfort in single
hour the former labors of the day.
By these and the other emancipating devices
of society, the laborer and the artisan ac-
| uuire the means of study and recreation.
They provide their children with better OPP
| portunities than they possessed Emerging
! from the obscure degradation to which they
have been consigned by monarchies, they
have assumed the leadership in politics and
society. The governed have become govern
| ors. The subjects have become the kings.
PowERLEss TO ENsLAvE.
Mr. President, monopolies and corpora
! tions, however strong they may be. can not
permanently enslaye such a people. They
| have given too many convincing proofs OF
their capacity for self-government. They
| have made too many incredible sacrifices
| for this great system which has been builded
and established here to allow it to be over
| thrown. They viii submit to no dictation.
We have Uecome. Mr.. Pres dent, the wealth
| lest Nation upon the face of this earth, and
| the greater part of these enormous accumu-
| lations has been piled up during the past
| twenty years-from 1880 to lss0-notwith-
standing the losses incurred by the most de-
| structive war of modern times, the enamel
| nation of four billions of slave property, the
| expense of feeding the best fed, of clothing
| the best clothed, and of sheltering the best
| sheltered people in the world-notwith-
| standing all the losses by fire and Hood
| During that period of twenty years the
wealth of the country increased at the rate
| of S25OOOO for every hour. Every time that
the clock ticked about the portal of this
chamber the aggregated, accumulated
permanent wealth of this country in
| creased more than 10. Sir, it rivals, II
exceeds the fictions of the Arabian Nights
There is nothing in the story of the lamp oi
| Aladdin that surpasses il. 1t is without par
| alleI or precedent; and the national ledger
now shows a balance to our credit, after al
| that has been wasted, and squandered, and
expended, and lost, and thrown away, OF be
tween sixty and seventy thousand million
dollars Ibelieve myself that upon a fair casl
| market valuation the aggregate wealth oftht'
country to-day is not less than one hundred
thousand millions of dollars. This is enough
Mr.. President, to make every man and every
woman and every child beneath the flag com
Portable to keep the wolf away from thu
door. 1t is enough to give to every family 1
competence, and yet we are told that there
are thousands of people who never have
enough to eat in any one day in the year
Mr. President. is it any wonder that thii
| condition of things can exist without eNcit
ing profound apprehension? / heard, o.
saw, rather, for did not hear it-l saw II
the morning papers that in his speech yes
terday, the Senator from Ohio (Mr. sherman
1 devoted a considerable part of his remark
to the defense of millionaires; that he de
cIared that they were the froth of the beer o
our political system.
Mr. Sherman-I said spectators.
Mr. Ingalls-Speculators? They are yer,
| nearly the same, for the millionaires OF tht
country, Mr.. President, are not the producer
rod
Solomon in all his glory, but "they toll not
neither do they spin'-yes, they do spin
This class Mr.. President, I am glad.to say, |
not confined to this country alone. Thes
. gigantic denominations have not been the re
! suit of industry and economy. There woul
, be no protest against them if they were.
. The people are beginning to inqu'r
whether, under"a government of the people
by the people and Tor the people" under
system in which the bounty of nature is sup
plemented by the labor of all, any citzel
can show q moral-yes, or legal-title L
S20O,0COO0O.
Some have the temPrity to ask whether o
= not any man can show a clear title to 500
0 OOOO There have been men rash enough
doubt whether, under n system so const
!. tuted, by speculation or otherwise, any cit
: zen can show a fair title to Sl0.t 100000 who
! | the distribution per capita would be les
than s.. 600 If were put upon my roir dir
! i should hesitate before admitting that !
the sense of giving just compensation an
! equivalent any man in this country or an
|. |. other country ever absolutely earned a mil
J. lion dollars. / do not believe he ever di'
i What is the condition to-day, Mr.. Presiden
{ by the statistics? i repeat that the peop
{ are not Anarchists; they are not Socialists
!. they are Communists; but they have sut
denly walked to the conception of the fa'
: that the bulk of the property of this countr
d d is passing into the hands of what the Senate
d from Ohio, by q euphemsm, calls the "spe
y ulators" of the world.
, WEALTH DISTRIBUTION.
A A table has been completed for the pu
nose of showing how wealth in this COUNT