The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1935-08-30
YOU'RE Next

There is only so much wealth in the good old u S. A
at any particular time Measured by present dollars and
present dividend earning capacity the total value is
somewhere the neghborhOOd of two hundred billion dol
lars.
Since the Pilgrim Fathers landed at Plymouth 325
years ago. the total national wealth had been gradually in
creasing At first the yearly rate of increase slow AS
population grew and machine developed the yearly
rate of increase grew larger and larger Now is
billion possibly much and half billion dollars
per year.
The steam engine came into general use about 1885 and
ushered in machine age which has likewise moved by
ceeraon at greater yearly rates of development with
each passing year. constantly developing machine age
brought and greater opportunity and necessity
for corporation ownership and an expanding corporate de-
veopmen Now approximately eighty percent of all wealth
in the United States is corporation owned.
A machine age corporation ownership, corporate de-
veOpment- trusts chains nterockng director
ate stock obbing, blue sky finance and thousand tricks
of the trade-brought wealth concentration. An small
proportion of the population acquired larger share
in the ownership of mines, mills factories farm land oil
wells and all the other items that up national wealth.
Now a very few thousand, a handful of Robber
Barons commonly known the Wall Street Gang,
half the entire United States and everything therein About
two percent of the population three ths of the bal
According geeul confession of the journal of Com
merce-Wall Street mouth pecethe Wall Street Gang is
still gathering in wealth at the rate of about three billion
dollars per year. Of they take in
eight billion yearlybut they live welver weland it
is about three billion per year that into the old sock
permanent accretion to ownings.
The rest, Mr. Middle Class Business Man is merely
of plain simple arithmetic There only much wealth
is and half billions per year. Ut is probably much
ess The Wall Street Gang takes in keeps three billion
per year. The take ALL the increase and much
year The extra billion and half comes from your class
1t can't from and other Some of you going
broke, to stay broke, every day.
You don't have to take my word for it. You need not
look up the figures Just think back five years.
Your circle has grown continually smaller In thirty years
more at past and present rates of concentration it will dis
appear entirely Bill Smith, Bob JONES' Lem Shaw and doz-
of whom you knew already in the bread lines
pounding the pavement searching for job
Robert H. Doane has recently shown that:
The cash. bank deposits stocks and bonds of persons
with incomes below $4,000 yearly shrank from q billions
in 1929 to billions in 1892 while the liquid wealth of
the country as a whole fell from IL to percent.
These things are happening Mr.. Middle Class Business
Man. here there and everywhere all around you BY
that memorable the Law of the Modes and Per-
slams and certain procession of the equnoxes your
time is coming Presently very you're next.
Of course the most of you will neither see change
psychology and outlook life To you the old CAPT.
talstc order under which you did prosper will remain
senay sound Your real enemy will be the system that
ruins the forces that take position bust
and home and spoil the lives of your wives and children
Your real enemies will remain those who seek change the
system that wping out You're next but most humans
cannot learn thru the other fellows experience.