Socialism enlarges the power of one individual over another. This is incompatible with the liberty that goes with a republic. Confiscation says, $100,000 is enough. When you are found with more, it will be considered as proof that you have been taking an unfair advantage of some one, and the surplus makes you dangerous to the welfare of a republic, and is therefore forfeited. There will be nothing more disagreeable, so far as the right of the individual goes, in the enforcing of this proposed law than there is in the collection of taxes on incomes. Cutting a fortune down to the $100,000 limit may be considered a very disagreeable thing indeed, but when we are reminded that it is all done for the common good, we become reconciled at once, for we feel in our heart of hearts that the altar at which we can cheerfully make whatever sacrifices we are called upon to make, is the altar of our brother's welfare.

The millionaire merchant will doubtless take advantage of his right to divide his business among his relatives and friends. Naturally they would give him the management, but the instinct to be master is strong within us all, and this would soon break up and scatter that dangerous accumulation. Then there would be more Market streets and Broadways. Every dollar of business that would be taken from the one or two principal thoroughfares, which is all that is now found in any of the cities, would mean an increase of value in the property of the street where this transfer business is carried on. And this increase in the value of city property would continue on out to the city's limits; and the limits themselves would be extended further out to find room for habitable homes for the human beings that are supposed to live in the tenements. There can be no question but what merchandising would spread itself more over the cities if this limited ownership of capital was in force; and this spreading out will give employment to all in bringing about the change; and prosperity, such as goes with plenty of work, will take the place of the wretched misery and want that now fill all the soup-house infected cities of the country. There will be no impairment in the value or need of the big "dailies" that are published in these centres of population. They will simply be owned by more people and read by more, and the improvement in the times being of a stable and permanent character their circulation will be free from the rise and fall with which they are now only to well acquainted, and the cheap-John business into which so many have gone, in the last few years, wheedling the ten cents and the dollars out of the child-like poor for worthless truck, can be thrown into the waste basket with the last offer of money for a Wall Street editorial. It is a mistake, by the way, to think we are a nation of readers. Man is an interesting animal where-ever found, the desire to know what he has done and is doing is strong in us all, but even the little county paper is beyond the reach of many. The writer, who is a common toiler like the rest, finds the moving world a sealed book to him, for he cannot spare the needed dollar, and live. And those editors who will fiercely rend and tear, with all the power of their trained brains and skilled pens, at this vital need of our times may live to see the day when they too will believe this world is round, and that calling the original believers fools, thieves, scoundrels, rascals, and enemies to civilization was a repetition of an old mistake. It will be the day when they can be our guides, philosophers, and friends without the itching palm stuck out behind. It will be the day when we can accept, without doubt or a curl of the lip, the admonition. from the sixteen stories of steel, because we will then know, that the conscience of the man within is not itself all awry.

To whatever cause the existing rot is chargeable the editor, at least of all others, had the power to stop or check it, and failure to meet this great responsibility shows that the strut of this great personage is assumed, and that, like the rest, his necessities have been used by the master to bend and break him till he no longer dare call his soul his own.

We can expect the screech of this helpless tool to fill the land as his desperate master nags him on in the revolution that is coming.

VII.

The mammoth hotel where the parasite of greater or lesser degree sojourns, where the popping corks of the costly imported champagne is heard, can still be a hotel, but the profits of its millions of invested capital must no longer he taken away by one or two men and it therefore must have many more owners than it has now. It, too, must go to the people, if its millionaire owner can find no more relations to share with and begins to suspect his "friends" of having had a hand in bringing about the upheaval. And if the "plain" people never expect to enjoy the material results of the inventive wit of man as they are focused within its luxurious interior, they at least have some reason for being satisfied when they know that the profits will stay where they were made and help those who made them. This reference to hotels brings to mind a corroborative fact that proves the charge we make when we say that all these colossal fortunes are nothing more than the accumulations of able rascality of some form or other: bilking, cornering, lobbying, watering stock, or charging all the traffic will bear.

The Palace Hotel in San Francisco was built by a speculator and floater of mining shares, and cost millions that he cashed in, after cleaning out the simple minded laborer and servant girl, whom he deluded, with all the art known to his tribe, into believing that there was still more for their rainy day if they would only invest the little they already had.

The law makes a felon of the rascal with the bogus gold brick, but that clumsy worker in the field of robbery does not get the returns which the scienced work of his brother professional brings in; therefore, when outraged law gives this petty malefactor the knock-out blow, the satisfied spectators, chattering about the majesty of something, depart and the curtain is rung down on another exhibition of what the American people are said to like - namely, humbug. Let us say in passing, that the American does not like humbug. Take the average of him as he is found in the little world in which the routine work of his life is done and you will find him alert and close enough to deal with, and that in all things in which he has his experience to rely on humbug (swindling) is practically impossible. But when he gets outside of that experience, then, like the experienced traveler, he patiently submits to imposition when resistance might mean a loss greater than the original. But even the traveler must have enough to continue on with, and when imposition reaches that stage resistance begins. So it will be with the man who is said to like humbug (robbery), when he finds humbug (slavery) closing in on him. He too will resist. He did before and the rightful owners gained possession, as this same man, who is said to like humbug, will again recover possession of what is being so stealthily taken from him.

When outraged law is asked to administer justice to the scoundrel who has deluded thousands into buying worthless mining shares or some such swindling bait, the victims are told that the whole swindle has been legitimized by the great seal of the state, and that their loss is the profits of a business conducted by a licensed trader.

The man with the bogus gold brick goes to jail. The man with the bogus gold mine goes free.