The Little Statesman

Cover The Little Statesman
The Little Statesman
Francis J Schulte
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In the other case the creditor receives a good living and the debtor slave takes the balance if the tax collector don't get it.
It is the same old question that has agitated the world since the world began the rights of man and the rights of property. The notes, bonds and mortgages representing the $32, 000, 000, 000 of indebtedness are as legal a title to the pro- ceeds of American industry as were the deeds of conveyance of African slaves to the proceeds of their labor under the institu- tion
... of slavery. The same questions arise now that were up then. Shall these slaves these American laborers be grad- ually emancipated from debt slavery or shall debt slavery be extended until other Sumners, Garrisons and Phillipses, by their eloquence, stir up the public heart to the point of tramp- ling on all legal safeguards, enactments and decisions, and shoot it to death as they destroyed chattel slavery? We con- cede that every man has a right to go into debt, but when he contracts a debt we insist that he has a right to pay that debt with money obtained with the same number of day's labor that it represented when the debt was made.

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