We will sustain this with facts
in its proper place.) One million dollars divided among ten men will do
ten times more good than if owned by one man. One million dollars owned
by one man is like one million acres owned by one man. He will certainly
make some kind of use of his acres, but the very best he can do will be
as nothing compared to the use a thousand men or more can make of them.
It is the same with a million of money. And an enterprise calling for
one million dollars of capital can be carried on just as well if that
capital is owned by fifty men, as it could if it is owned by one man. We
will have more to say on this point before we are done.
The American millionaire has also the power to squander outside of our
own territory that which is much needed in his country. And the
thousands in money which he sends to Europe for something to hang on his
walls would pay for a much needed improvement in some city or town in
the country where the money was made.
The American millionaire is a detriment to his own country any way you
take him, although a great many people are thoughtless enough to say
that we cannot get along without the millionaire.
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