The sophistry about the inalienable right of one man to crush another
has had its day, and their hypocritical wail about civilization and this
inalienable right, when these conscienceless rascals find their race is
run, will be like the yelling of remorseless wolves that have been
trapped and kicked into the vanishing distance.
VIII.
Understanding the principle of Confiscation, it will be easily seen how
it must work in every individual case; and, therefore, it is needless to
dwell on or elaborate its workings when it is applied to banks,
breweries, sugar refineries, water works, gas works, street railways,
etc.
It will not destroy capital or business. It may lessen the value of real
estate on the principal streets in large cities, and fall in values is
not certain even there. It will trouble no one, however, if it does; not
the present owner, even, for the value of property in favored localities
is so great now that, however much one man can own now, he can own but a
fraction of it under the proposed change. The owner of, say, a $400,000
building and lot on such a street as we are now considering may find a
shrinkage of $100,000.
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