LAND MONOPOLY. 653 



four pounds of onions, three or four slices of beef. This 

 compound, boiled and given out twice a week, is supposed 

 to be sufficient for 550 children." The poor Dukes, and 

 Earls, and Bishops and Deans! The rich children! Bah! 

 "It is the best banking system in the world. n u It is the 

 best money system in the world. n * ' If we had free trade, 

 (like England) we would be rich and prosperous. n We 

 have adopted English systems. We are copying after 

 English customs. What is the result? Read and see. 

 The census of 1850 put the total valuation of the United 

 States at $8,000,000,000, of which labor owned $5,000,- 

 000,000, and capitalists $3,000,000,000. Sixty-two and 

 one-half per cent, of the wealth of the country was at that 

 time in the hands of labor, and thirty -seven and one-half 

 per cent, in the hands of the capitalists. 



In 1860 the valuation increased to $16,000,000,000; 

 of this labor owned $7,000,000,000, and capital $9,000,- 

 000,000. 



From 1850 to 1860 the proportion which labor owned 

 had shrunken from sixty- two and a half to forty- three 

 and a fourth per cent, while the share of capital had 

 increased from thirty-seven and a half to fifty-six and three- 

 fourths per cent. From 1860 to 1870 our National wealth 

 nearly doubled again, reaching the valuation of $30,000,- 

 000,000; of this, capital owned $19, 000,000,000 and labor 

 $11,000,000,000. Labor's proportion having dwindled 

 during that period, more than eight per cent. , leaving as 

 its share thirty-six and two-thir'ds per cent., while the 

 share of the capitalist increased to sixty-three and one- 

 third per cent. From 1870 to 1880 our National wealth 

 had increased to $43,800,000,000, and the accumulating 

 process is still going on, in favor of the capitalist, they 

 owning, at that time, 76 per cent, of the wealth, and labor 

 24 per cent Two thousand men, out of a population of 



