Equality by Edward Bellamy (novels to improve english .TXT) 📖

Storiot's statement of the economic situation in the United States during the last third of the nineteenth century owes anything to the rhetorical arrangement, I want to give you just a few hard, cold statistics as to the actual distribution of property during that period, showing the extent to which its ownership had been concentrated. Here is a volume made up of information on this subject based upon analyses of census reports, tax assessments, the files of probate courts, and other official documents. I will give you three sets of calculations, each prepared by a separate authority and based upon a distinct line of investigation, and all agreeing with a closeness which, considering the magnitude of the calculation, is astounding, and leaves no room to doubt the substantial accuracy of the conclusions.

"From the first set of tables, which was prepared in 1893 by a census official from the returns of the United States census, we find it estimated that out of sixty-two billions of wealth in the country a group of millionaires and multimillionaires, representing three one-hundredths of one per cent of the population, owned twelve billions, or one fifth. Thirty-three billions of the rest was owned by a little less than nine per cent of the American people, being the rich and well-to-do class less than millionaires. That is, the millionaires, rich, and well-to-do, making altogether but nine per cent of the whole nation, owned forty-five billions of the total national valuation of sixty-two billions. The remaining ninety-one per cent of the whole nation, constituting the bulk of the people, were classed as the poor, and divided among themselves the remaining seventeen million dollars.

"A second table, published in 1894 and based upon the surrogates' records of estates in the great State of New York, estimates that one per cent of the people, one one-hundredth of the nation, possessed over half, or fifty-five per cent, of its total wealth. It finds that a further fraction of the population, including the well-to-do, and amounting to eleven per cent, owned over thirty-two per cent of the total wealth, so that twelve per cent of the whole nation, including the very rich and the well-to-do, monopolized eighty-seven per cent of the total wealth of the country, leaving but thirteen per cent of that wealth to be shared among the remaining eighty-eight per cent of the nation. This eighty-eight per cent of the nation was subdivided into the poor and the very poor. The last, constituting fifty per cent out of the eighty-eight, or half the entire nation, had too little wealth to be estimated at all, apparently living a hand-to-mouth existence.

"The estimates of a third computator whom I shall quote, although taken from quite different data, agree remarkably with the others, representing as they do about the same period. These last estimates, which were published in 1889 and 1891, and like the others produced a strong impression, divide the nation into three classes--the rich, the middle, and the working class. The rich, being one and four tenths per cent of the population, are credited with seventy per cent of the total wealth. The middle class, representing nine and two tenths per cent of the population, is credited with twelve per cent of the total wealth, the rich and middle classes, together, representing ten and six tenths per cent of the population, having therefore eighty-two per cent of the total wealth, leaving to the working class, which constituted eighty-nine and four tenths of the nation, but eighteen per cent of the wealth, to share among them."

"Doctor," I exclaimed, "I knew things were pretty unequally divided in my day, but figures like these are overwhelming. You need not take the trouble to tell me anything further by way of explaining why the people revolted against private capitalism. These figures were enough to turn the very stones into revolutionists."

"I thought you would say so," replied the doctor. "And please remember also that these tremendous figures represent only the progress made toward the concentration of wealth mainly within the period of a single generation. Well might Americans say to themselves 'If such things are done in the green tree, what shall be done in the dry?' If private capitalism, dealing with a community in which had previously existed a degree of economic equality never before known, could within a period of some thirty years make such a prodigious stride toward the complete expropriation of the rest of the nation for the enrichment of a class, what was likely to be left to the people at the end of a century? What was to be left even to the next generation?"

CHAPTER XXXV.

Why The Revolution Went Slow At First But Fast At Last.

"So much for the causes of the Revolution in America, both the general fundamental cause, consisting in the factor newly introduced into social evolution by the enlightenment of the masses and irresistibly tending to equality, and the immediate local causes peculiar to America, which account for the Revolution having come at the particular time it did and for its taking the particular course it did. Now, briefly as to that course:

"The pinching of the economic shoe resulting from the concentration of wealth was naturally first felt by the class with least reserves, the wage-earners, and the Revolution may be said to have begun with their revolt. In 1869 the first great labor organization in America was formed to resist the power of capital. Previous to the war the number of strikes that had taken place in the country could be counted on the fingers. Before the sixties were out they were counted by hundreds, during the seventies by thousands, and during the eighties the labor reports enumerate nearly ten thousand, involving two or three million workers. Many of these strikes were of continental scope, shaking the whole commercial fabric and causing general panics.

"Close after the revolt of the wage earners came that of the farmers--less turbulent in methods but more serious and abiding in results. This took the form of secret leagues and open political parties devoted to resisting what was called the money power. Already in the seventies these organizations threw State and national politics into confusion, and later became the nucleus of the revolutionary party.

"Your contemporaries of the thinking classes can not be taxed with indifference to these signs and portents. The public discussion and literature of the time reflect the confusion and anxiety with which the unprecedented manifestations of popular discontent had affected all serious persons. The old-fashioned Fourth-of-July boastings had ceased to be heard in the land. All agreed that somehow republican forms of government had not fulfilled their promise as guarantees of the popular welfare, but were showing themselves impotent to prevent the recrudescence in the New World of all the Old World's evils, especially those of class and caste, which it had been supposed could never exist in the atmosphere of a republic. It was recognized on all sides that the old order was changing for the worse, and that the republic and all it had been thought to stand for was in danger. It was the universal cry that something must be done to check the ruinous tendency. Reform was the word in everybody's mouth, and the rallying cry, whether in sincerity or pretense, of every party. But indeed, Julian, I need waste no time describing this state of affairs to you, for you were a witness of it till 1887."

"It was all quite as you describe it, the industrial and political warfare and turmoil, the general sense that the country was going wrong, and the universal cry for some sort of reform. But, as I said before, the agitation, while alarming enough, was too confused and purposeless to seem revolutionary. All agreed that something ailed the country, but no two agreed what it was or how to cure it."

"Just so," said the doctor. "Our historians divide the entire revolutionary epoch--from the close of the war, or the beginning of the seventies, to the establishment of the present order early in the twentieth century--into two periods, the incoherent and the rational. The first of these is the period of which we have been talking, and with which Storiot deals with in the paragraphs I have read--the period with which you were, for the most part, contemporary. As we have seen, and you know better than we can, it was a time of terror and tumult, of confused and purposeless agitation, and a Babel of contradictory clamor. The people were blindly kicking in the dark against the pricks of capitalism, without any clear idea of what they were kicking against.

"The two great divisions of the toilers, the wage-earners and the farmers, were equally far from seeing clear and whole the nature of the situation and the forces of which they were the victims. The wage-earners' only idea was that by organizing the artisans and manual workers their wages could be forced up and maintained indefinitely. They seem to have had absolutely no more knowledge than children of the effect of the profit system always and inevitably to keep the consuming power of the community indefinitely below its producing power and thus to maintain a constant state of more or less aggravated glut in the goods and labor markets, and that nothing could possibly prevent the constant presence of these conditions so long as the profit system was tolerated, or their effect finally to reduce the wage-earner to the subsistence point or below as profits tended downward. Until the wage-earners saw this and no longer wasted their strength in hopeless or trivial strikes against individual capitalists which could not possibly affect the general result, and united to overthrow the profit system, the Revolution must wait, and the capitalists had no reason to disturb themselves.

"As for the farmers, as they were not wage-earners, they took no interest in the plans of the latter, which aimed merely to benefit the wage-earning class, but devoted themselves to equally futile schemes for their class, in which, for the same reason that they were merely class remedies, the wage-earners took no interest. Their aim was to obtain aid from the Government to improve their condition as petty capitalists oppressed by the greater capitalists who controlled the traffic and markets of the country; as if any conceivable device, so long as private capitalism should be tolerated, would prevent its natural evolution, which was the crushing of the smaller capitalists by the larger.

"Their main idea seems to have been that their troubles as farmers were chiefly if not wholly to be accounted for by certain vicious acts of financial legislation, the effect of which they held had been to make money scarce and dear. What they demanded as the sufficient cure of the existing evils was the repeal of the vicious legislation and a larger issue of currency. This they believed would be especially beneficial to the farming class by reducing the interest on their debts and raising the price of their product.

"Undoubtedly the currency and the coinage and the governmental financial system in general had been shamelessly abused by the capitalists to corner the wealth of the nation in their hands, but their misuse of this part of the economic machinery had been no worse than their manipulation of the other portions of the system. Their trickery with the currency had only helped them to monopolize the wealth of the people a little faster than they would have done it had they depended for their enrichment on what were called the legitimate operations of rent, interest, and profits. While a part of their general policy of economic subjugation of the people, the manipulation of the currency had not been essential to that policy, which would have succeeded just as certainly had it been left out. The capitalists were under no necessity to juggle with the coinage had they been content to make a little more leisurely process of devouring the lands and effects of the people. For that result no particular form of currency system was necessary, and no conceivable monetary system would have prevented it. Gold, silver, paper, dear money, cheap money, hard money, bad money, good money--every form of token from cowries to guineas--had all answered equally well in different times and countries for the designs of the capitalist, the details of the game being only slightly modified according to the conditions.

"To have convinced himself of the folly of ascribing the economic distress to which his class as well as the people at large had been reduced, to an act of Congress relating to the currency, the American farmer need only have looked abroad to foreign lands, where he would have seen that the agricultural class everywhere was plunged in a misery greater than his own, and that, too, without the slightest regard to the nature of the various monetary systems in use.

"Was it indeed a new or strange phenomenon in human affairs that the agriculturists were going to the wall, that the American farmer should seek to account