Evening star., 1934-10-06
To the Editor of The Star:

To the Editor of The Star:
The letter OF F. Wilson to The Star
concerning alleged popular prejudice
against corporations is considerably
overdrawn.
People generally are not prejudiced
against corporations any more than
they are against certain other mani
fest inequalities and injustices which
have grown up under our present OBJ
solete social system, which was in
augurated in the Stagecoach days.
Capitalism has succeeded in getting
upon State and Federal statute books
thousands of laws and interpretations
of laws which favor those who own
tregardleSS of how they obtained it,
rather than those who labor for each
and every penny they get. The main
point Is that there is no longer
equality OF opportunity under the cap
italiSt system for the average man of
intelligence. Capitalism becomes in
creasingly collectivistic, due to the fact
that it is contracting into few large
monopolieS. As soon as the big fish
get the natural monopolies into one or
two big combinations the Socialist
whale or the Communist walruS will
swallow the whole capitalist aggrega-
tion, and capitalism, like feudalism,
will be only an historical memory.
Racketeering in business is just as
prevalent as it is in the low vice dis
tricts Of our large cities. Capitalism
either corrupts everything it touches
or else has itself been corrupted.
Since capitalism places a premium
upon Selfishness and greed, and offers
no material reward as a rule for self
sacrifice and honesty. it is not sur
priSing that large and increasing
percentage of well-educated and in
telligent people are recommending a
classics society otherwise called
Socialism, as a welcome and civiliZing
alternative for the present social Sys-
TEN, which, like its predecessor, feudal-
ism, offers too much opportunity for
the grasping minority and only bare,
cherries existence at scarcely SUBJ
siStence levels for those who believe in
a policy of live and let live"
There is no real justification for the
belief of some that private property
AA6A oAS OSAAi6 FAOAdtC0 VI WAAA NC
violated under the present admins
tration or even under Socialist ad-
ministratioR. which is pending in ma
tions like England, Australia, Switzer-
land, Argentina and in certain States
Of the United States. Only under
Communism and Fascism are private
property rights made public property
and real confiscation practiced. Die
tatorshipS, of course, destroy personal
and civil rights but under FaScism
the rights of the capitalists to con-
flScate the surplus wealth of a nation
is upheld. That is why Mussolini is
so popular with the capitalist press in
nations where capitalism Is still hold
ing sway Mussolini and Hitler are
not popular with those whose natural
rights have been confiscated, and only
the militia keeps them from revolving.
Such governments cannot last, as they
are founded upon repressions and mur-
derous tyranny.
Socialists do not propose to abolish
private property. but, on the contrary,
will extend its benefits to the large
majority Of the people of the world
instead of to a small minority, as Is
now the case. The average American
opposes extremes in society. The ex-
tremes are Fascistic capitalism and
Communism. Socialism is the medium
ground today and would benefit the
90 per cent much more than they can
be benefited under capitalism. while
only the 10 per cent which now con-
troll the United States and other cap
italist nations would be reasonably
restricted to liberal American stand
ard of living. but would not be allowed
to make the god Of gold their only god,