The whole middle class had not yet been exterminated. The sturdy skeleton of it remained; but it was without power. The small manufacturers and small business men who still survived were at the complete mercy of the Plutocracy. They had no economic nor political souls of their own. When the fiat of the Plutocracy went forth, they withdrew their advertisements from the Hearst papers.

Hearst made a gallant fight. He brought his papers out at a loss of a million and a half each month. He continued to publish the advertisements for which he no longer received pay. Again the fiat of the Plutocracy went forth, and the small business men and manufacturers swamped him with a flood of notices that he must discontinue running their old advertisements. Hearst persisted. Injunctions were served on him. Still he persisted. He received six months’ imprisonment for contempt of court in disobeying the injunctions, while he was bankrupted by countless damage suits. He had no chance. The Plutocracy had passed sentence on him. The courts were in the hands of the Plutocracy to carry the sentence out. And with Hearst crashed also to destruction the Democratic Party that he had so recently captured.

With the destruction of Hearst and the Democratic Party, there were only two paths for his following to take. One was into the Socialist Party; the other was into the Republican Party. Then it was that we socialists reaped the fruit of Hearst’s pseudo-socialistic preaching; for the great Majority of his followers came over to us.

The expropriation of the farmers that took place at this time would also have swelled our vote had it not been for the brief and futile rise of the Grange Party. Ernest and the socialist leaders fought fiercely to capture the farmers; but the destruction of the socialist press and publishing houses constituted too great a handicap, while the mouth-to-mouth propaganda had not yet been perfected. So it was that politicians like Mr. Calvin, who were themselves farmers long since expropriated, captured the farmers and threw their political strength away in a vain campaign.

“The poor farmers,” Ernest once laughed savagely; “the trusts have them both coming and going.”

And that was really the situation. The seven great trusts, working together, had pooled their enormous surpluses and made a farm trust. The railroads, controlling rates, and the bankers and stock exchange gamesters, controlling prices, had long since bled the farmers into indebtedness. The bankers, and all the trusts for that matter, had likewise long since loaned colossal amounts of money to the farmers. The farmers were in the net. All that remained to be done was the drawing in of the net. This the farm trust proceeded to do.

The hard times of 1912 had already caused a frightful slump in the farm markets. Prices were now deliberately pressed down to bankruptcy, while the railroads, with extortionate rates, broke the back of the farmer-camel. Thus the farmers were compelled to borrow more and more, while they were prevented from paying back old loans. Then ensued the great foreclosing of mortgages and enforced collection of notes. The farmers simply surrendered the land to the farm trust. There was nothing else for them to do. And having surrendered the land, the farmers next went to work for the farm trust, becoming managers, superintendents, foremen, and common laborers. They worked for wages. They became villeins, in short—serfs bound to the soil by a living wage. They could not leave their masters, for their masters composed the Plutocracy. They could not go to the cities, for there, also, the Plutocracy was in control. They had but one alternative,—to leave the soil and become vagrants, in brief, to starve. And even there they were frustrated, for stringent vagrancy laws were passed and rigidly enforced.

Of course, here and there, farmers, and even whole communities of farmers, escaped expropriation by virtue of exceptional conditions. But they were merely strays and did not count, and they were gathered in anyway during the following year.[[3]]

[3] The destruction of the Roman yeomanry proceeded far less rapidly than the destruction of the American farmers and small capitalists. There was momentum in the twentieth century, while there was practically none in ancient Rome.
Numbers of the farmers, impelled by an insane lust for the soil, and willing to show what beasts they could become, tried to escape expropriation by withdrawing from any and all market-dealing. They sold nothing. They bought nothing. Among themselves a primitive barter began to spring up. Their privation and hardships were terrible, but they persisted. It became quite a movement, in fact. The manner in which they were beaten was unique and logical and simple. The Plutocracy, by virtue of its possession of the government, raised their taxes. It was the weak joint in their armor. Neither buying nor selling, they had no money, and in the end their land was sold to pay the taxes.

Thus it was that in the fall of 1912 the socialist leaders, with the exception of Ernest, decided that the end of capitalism had come. What of the hard times and the consequent vast army of the unemployed; what of the destruction of the farmers and the middle class; and what of the decisive defeat administered all along the line to the labor unions; the socialists were really justified in believing that the end of capitalism had come and in themselves throwing down the gauntlet to the Plutocracy.