CHAPTER II

THE "SYSTEM" AND THE LOUISIANA LOTTERY COMPARED

Years ago one of the greatest evils in this country was the Louisiana

Lottery. Through that lottery millions and millions annually were taken

from the people and transferred to a few unprincipled schemers, who soon

found themselves in possession of enormous fortunes. Wise men called for

the abatement of this awful drain on the savings of the nation, but the

law-abiding, God-fearing people of the country met their plaints with

"Why should we be bothered about this matter? If fools and knaves elect

to gamble in such palpably fraudulent ways, let them gamble, and their

losses are no affair of ours. It is none of our business." But presently

these honest people had it pounded into their well-meaning heads that

the principal instrument by which the swindle was conducted was their

own mail service, one of the most important branches of their

Government; that, in fact, in each and every city, town, village, and

cross-road in all our virtuous land, Government officials were acting as

distributing agents for this huge corrupter and robber.

Then the people rose in their irresistible might, and between the rising

of one day's sun and its setting this powerful machine went as goes the

gum-drop on the red-hot stove cover at a pop-corn soiree. It melted,

leaving nothing but a faint odor and a thin stain, both of which

disappeared in the next morning's scrubbing, and the Louisiana Lottery

was as though it had never been. Yet during its reign its insolent

votaries could prove to the absolute satisfaction of all intelligent,

patriotic men that it was useless for any man or set of men to attempt

the lottery's destruction, because they would be met with the

accumulated resistance of the reckless spending of the vast amounts of

festered dollars which had been stolen from the people. The argument of

these comparatively petty thieves was: "No men nor sets of men can hope

to 'stack up' against us, for their money comes hard, cents and dollars

at a time; they are obliged to earn it, while we get ours in chunks by

simply taking it. We can buy lawyers and can hire law-makers, and we can

lease Government officials, and we can outbid any honest men, who are

the only ones who object to our game. In the market for legislative or

business talent you cannot get within touching distance of us." Yet the

people had but to sneeze and this foul parasite was detached from their

free and honest structure and was wafted away with the dead leaves and

the dust to bottomless nowhere.

In the height of its prosperity the Louisiana Lottery took from the

people only a paltry ten or twenty million dollars a year, while to-day

there are single groups of banks, trust companies, corporations, and

trusts which take from the people by might, by trick, and by theft

hundreds of millions each year; and there are scores of such groups. The

Sugar trust has been the instrument of gathering, in one year, a hundred

millions of the people's savings, and the Steel trust alone has robbed

the people of over five hundred millions of dollars in a single twelve

months.

To-day the "System" and its methods are as clearly and as sharply

defined in the tangibility of their relation to the people as was ever

the Louisiana Lottery. On certain days the Louisiana Lottery sold its

tickets, which the people bought with their savings. On a certain day

the drawing took place, at which all those who had parted with their

dollars expected to receive them back together with immense profits, and

upon that day disappointment was spread broadcast among the many and

unhealthy joy among the few. So with the "System." On certain days the

public is sold their stock, bond, and insurance policy certificates.

Upon other days they look for their savings and profits. On the

contrary, they learn that their savings have decreased in value or have

been wiped out, and that there never was any chance of profit. My

critics will say that such a comparison cannot hold, for in the lottery

nothing was dealt in but gambling tickets, whereas the stock or bond

certificate represents an ownership in the material things of the

country. This is the fallacy the "System" spends millions every year to

foster and disseminate. Between the two the difference is in favor of

the Louisiana Lottery, for both are gambles and the lottery game was

square. Those who ran it had for their trouble a fixed percentage of the

profits, an enormous percentage, it is true, but the general fund was

never encroached upon by the controllers. Who is to say what percentage

the votaries of the "System" take in their game? It depends on how much

their victims have to lose. The public have been persuaded, too, that in

purchasing stocks they do not gamble, but only invest, or, at the worst,

speculate, so they are deceived as well as plundered. A few millions

each year satisfied the lottery owners; the votaries of the "System,"

among whom the "swag" must be divided, demand millions upon millions

each. The tickets of the lottery had a definite value at all times until

the drawing took place. The stocks and bonds of the "System" have no

rigid or unalterable value when issued or at any other time, and do not

represent a fixed ownership in all the savings of the people which have

been paid for them.

Morally, legally, or ethically, the Louisiana Lottery, with all its

attendant curses, was a far better institution for the people to bump up

against every month than is the "System" against which the whole people

are now directly or indirectly dealing every working day of the year.

Startling this statement may be, but not more startling than the facts.

The records of the lottery company will show how many dollars it took in

from the public; how many were returned in prizes and expenses; and how

many went into the pockets of the owners. The records of the banks,

corporations, trusts, and stock-exchanges will exhibit how many dollars

were paid into the "System" by the people; how much they received back

in return therefor; how much the expense of conducting the business was;

and how much profit went to the votaries of the "System." Compare the

two and it will be found that there is annually taken by the "System"

from the people a hundred, yes, a thousand times more than the Louisiana

Lottery ever obtained in the same period.

This being the fact, for how long will the people allow such a monstrous

wrong to be done? How long will they suffer a few men to siphon

automatically the money of the many into their own pockets?

It is only a matter of simple mathematics to ascertain the day, and that

only a few years away, when ten men will be as absolutely and completely

the legal owners of the entire United States and all there is of value

in it, as John D. Rockefeller is the absolute legal owner of the large

section of it of which he is to-day possessed.

_When that day is here, the people will legally be the slaves of these

ten men._

If this is so--and it is as surely so as it is that the Constitution of

the United States of America guarantees to every man, woman, and child

who is a part of it perpetual freedom--it is so because the legal

interest alone to which the ten men will be entitled and which they must

receive (or our entire structure will fall) will of itself bring to

their coffers all the wealth in existence within a given time. If this

is so, then why have the American people allowed themselves to reach

this condition? Why are they to-day not only resting peacefully under

this worse than death-bringing yoke, but assisting in the further

riveting of this badge of dishonor and degradation?

The reason is simple: They have been lulled to sleep by the "System" and

its cunning votaries until they have but a dull appreciation not only of

existing conditions but of their coming consequences. It is almost

incredible that a people as intelligent as the American people, and as

alert to that individual and national honor which they have bought with

so much of their blood and their peace of body and mind, can be so

deceived and juggled with. When one looks about, however, and notes

happenings of which one personally knows, and the degradation and

dishonor to which public opinion is seemingly indifferent, nothing is

incredible.

One sees a certain man openly displaying five hundred millions of

dollars, a sum which represents the life earnings of 150,000 of our

population, and knows that this man has secured this incredible amount

during forty years of his life. One sees the second highest and most

honorable office in the nation, a United States Senatorship, openly

bought for a few stolen dollars by a man who up to the very day of its

purchase was a watch repairer in a small country town, and who had never

done a single meritorious deed or been possessed of worldly goods to the

extent of $5,000. One sees a wily adventuress secure from the banks,

which exist only to safeguard the people's deposited savings, hundreds

of thousands of dollars on her bare story that she was the possessor of

some mysterious documents. One sees a $6-a-week office-boy of one of the

"System's" votaries able to borrow for the "System," on his bare note,

four millions of dollars from a New York institution which only exists

to safeguard the people's savings--although the law says that such

institutions shall not loan to any man on any kind of collateral, even

Government bonds, one-tenth that sum. One sees two men, drunk with their

success, gouging and tearing at each other's hearts in Wall Street, and

sees their gouging and tearing bring about a panic which takes from the

people in an hour over a billion dollars and drives scores to suicide,

murder, and defalcation--the two men continuing meanwhile as ornamental

pillars of society instead of wearing prison stripes. One sees a great

railroad corporation, in which are millions of the trust funds of

widows, orphans, and charitable institutions, caught "short" (having

sold something it did not own) in the stock-gambling game and held up to

the tune of ten million dollars by a reckless stock gambler, who says

"If you don't settle to-night it will be twenty millions to-morrow"; and

the toll is paid, while the great banker who conducts the release of the

hold-up charges the further tribute of twelve million dollars for his

services. And then one sees this twenty-two millions of "commission"

tacked on to the capital stock of the great railroad which is

subsequently capitalized into a "bond" and sold to great life-insurance

companies as a first-class investment for their trust funds.

When one sees these things and a hundred other as rankly fraudulent, one

should not wonder at anything American connected with dollars.

Such things occur because the "System" has so far been able to keep the

public in ignorance of its doings. On the surface there is nothing to

suggest that a set of vampires have captured the high places of finance

and are sucking away the life-blood of the nation. Our banks and trust

companies all present a fair exterior and apparently are the same safe

and honorable institutions they were before the canker fastened on them.

Only its votaries know what the "System" is, and their way is the way of

silence and darkness. A tie, stronger and more effective than the oath

of the Mafia, binds them to its service, and woe be to him who dares

divulge its methods. He who is bold enough to enter upon a recital of

these secrets must be strong indeed to withstand the bribes to silence

which would be placed in his hands. The "System" can well afford to pay

any price rather than be brought face to face with its past, with an

enraged people for referee. And even if the being be found who will

venture an expose of the conspiracy, he will find it strangely difficult

to get his story past the traps and pitfalls which will be placed

between it and the people for whose enlightenment it is intended.

Frenzied Finance, Vol. 1: The Crime of Amalgamated · 第 2 / 35 章