The Land Question, Property in Land, the Condition of Labor

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And it is already evident that there is nothing in political democracy, nothing in popular education, nothing in any of our American institutions, to prevent the most enormous disparity in the distribution of wealth. Nowhere in the world are such great fortunes growing up as in the United States.
Considering that the average income of the working masses of our people is only a few hundred dollars a year, a fortune of a million dollars is a monstrous thing— a more monstrous and dangerous thing u
...nder a democratic government than anywhere else. Yet fortunes of ten and twelve million dollars are with us ceasing to be noticeable. "We already have citizens whose wealth can be estimated only in hundreds of millions, and before the end of the century, if present tendencies continue, we are 102 ^ THE LAND QUESTION.
likely to have fortunes estimated in thousands of millions —such monstrous fortunes as the world has never seen since the growth of similar fortunes ate out the heart of Rome. And the necessary correlative of the growth of such fortunes is the impoverishment and loss of indepen- dence on the part of the masses.


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