The San Francisco call., 1910-11-20
A-<~~A~4~A~%~AAWO Q

S%~~~++~~~+~+9 9WO weeks before election fore
casted the result of the poll
governor in San Francisco At
! that time the current belief
II that Bell would carry the city by
! anywhere from 1000 to $4,000
! :: !" :: :: =: = :: =: ::
%S%@@S@@@~@ votes. recorded my impression
& then that the vote would be very
& g & close and the result has justified
the forecast
t.@:t I felt it in my bones that the
socialists were going to poll a
big vote and I say now that if the old parties do
not purify themselves that vote will double or quad
rupe in the next ten years. The socialists are not
the enemies of the human race that it has been the
fashion to pretend On the contrary they we'll
meaning. although I believe mistaken folk, inspired
by an honest love OF their kind The trouble is that
prevailing political practice IS gathering almost
irresistible force to back their argument
REGARDED AS FREAKS
Hitherto it has not been the fashion to take the
socialists seriously and the fundamental doctrine
Of Karl Marx and Proudhon that capital is form
of robbery has seemed utterly preposterous to
people by whom property rights have been regarded
as more sacred even than human life. 1t has been
with pretty little syllogsm like this
Every man is entitled to his wages.
Capital is the result of savings from earnings.
Therefore capital is not form of robbery but the
just reward of thrift
IF the premises of this syllogsm were true there
would be an end to the argument but unfortunately
they are not true, or rather they are a long way
from being the whole truth and they ignore COM
pletey the most important facts of the situation the
facts that lie behind the existing confusion of poll
tics and the great detection of voters from the old
parties.
SOURCES OF CAPITAL
It is not true that capital is nothing more than
the savings from mans honest earnings. For one
dollar Of capital so acquired thousand come from
taxation imposed to fatten special interests either
by law or by the power of monopoly. Other thou-
sands are acquired by manipulation of stocks, which
is just plain swndling Still other thousands
the result of the unearned increment of land
The Southern Pacific systemis worth $5OOOOOO00
more or less Every dollar of that stupendous aggre
CATION Of capital was stolen from the people of
America There is not an honest dollar in the pile
1t is an accumulation, made from savings out of
any mans earnings, but by the operation of dis
honest politics for half a century.
GUGGENHEIMS TYPE
Why are the Guggenheims in politics For the
simple reason that by having hand in making the
tariff they fatten the treasury of the American
Smelling and Refining company by putting prohib-
itory duties imports that might compete with
their products. The consumers of all America are
taxed to fatten these special interests. The Gug-
genheims are not singular. The cotton mills and
woolen mills of New England are run by the same
breed of statesmen. The Pittsburg millionaires are
another variety of the tribe. Taxation of the whole
people for the benefit OF special interests is fiat rob-
berry How many dollars out of Andrew Carnegies
millions the result of honest savings and how
many are due to the tariff?
Every man that has an inch Of lead pipe in his
house pays tax to the Guggenheims. The man
who has a hatchet in his woodshed pays tax to
Andrew Carnegie and it is the gross iniquity of
these taxes that not penny of them goes into the
national treasury.
WHY MEN TURN TO SOCIALISM
These conditions turn men to socialism very
quickly when they begin to realize them and when
whole fabric lies dishonest politics 1t is natural,
it is inevitable, that they should lose faith in the
old machinery of politics and seek after something
new no matter how visionary
CAUTIOUS PROFESSORS
The facts that l have here stated are known of
all men and yet you do not find that economists so
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