The Disintegration of Monopoly And Other Articles

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31 new mills that have been built, and then should have in- sisted on profits paid in the price of bread, for distribu- tion as dividends on the capital represented by all the abandoned mills scattered over the country. And yet such is the manifest tendency of sustained monopoly in any branch of industry. Of the same nature of sunken and dissipated capital of no present employment in the industry of the country and yet entailing the payment of usury out of the labor of the people are the bonds ...and funded debts incurred in the wastes and dissipations of war. Such debts should be discharged by payment and thus compel the holders of the same to look to the rewards, of enterprise and of industry rather than to the patrimony of the government for the preservation and augmentation of such capital. The payment and retirement of such debts would be a great stimulus to industry and wealth in the country. There ought to be a limitation to the cumulative burden of spendthrift debts from one generation to the next debts secured not by the estate of the debtors but by the servitude of succeeding generations of men.

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