FullReads

It is quite true that “the great middle class” does not own the most valuable lots in New York and London; but I have the “chilled steel” hardihood to affirm that not only the bulk of the land but of the land values are in the possession of people who are poor as compared with the occupants of those sumptuous palaces which the George conspiracy for the further enrichment if Dives and the starvation of Lazaras would exempt from taxation. The total wealth of this nation is not far from 75 billions, while all the land, exclusive of improvements, would not sell for more than 20 billion. The naked land of our 5 million farms is estimated at about 10 billion, so that leaves but about 10 billion for urban lands–less than one-seventh of the total value. I have no reliable statistics at hand showing what proportion of urban inhabitants own their homes; but we may safely assume that one-half do so. Now, if this be true, we may also assume that the land values held by the very wealthy–the people whom the Single Taxers profess to be after,–do not exceed one-fourth of all land values, or one-fifteenth of total property values. Hence you see it is quite possible for 250,000 to own 80 per cent of ALL values, while the bulk of the LAND values remain with the common people. And it is these common people that the Single Tax will crush for the benefit of these 250,000 plutocrats, the bulk of whose wealth is in personal property.

Sit down and think it over, doctor; you are really too bright a man to be led astray by the razzle-dazzle of Single Tax sophistry. You do your enviable reputation for intelligence a rank injustice by mistaking poor old George for an economic Messiah, and if you are not careful somebody will try to sell you a gold-brick or stock in a Klondike company. Suppose that you and Hon. Walter Gresham occupy residence lots worth $1,000 each, but that you inhabit a $1,500 cottage and he a $150,000 mansion; and suppose that your income is $2,000 a year while his is $20,000: Do you think there is any necessity for tearing your balbriggan undershirt because not compelled to put up as much for the maintenance of government as your wealthy neighbor? Is it at all probable that Gresham will become discouraged, refuse to longer serve the corporations and sit in the woodshed and sulk, even jump off the bridge, because taxed in proportion to the property in his possession rather than according to the land he occupies? If Col. Moody builds a million dollar cotton mill on suburban land worth but $500 why should you refuse to sleep o’ nights because not required to pay double the taxes of that old duffer? As a worthy disciple of Aesculapius you should know that too heavy a burden on your own back is liable to make you bow-legged.

I suspected all along that the Single Tax would require several able-bodied “corollaries” to enable it to effect much of a reformation, to usher in the Golden Age. It were very nice to throw unused coal and oil lands “open to all on equal terms,” have the government pipe off all their products for equal pay, then compel operators by piling on taxes to maintain high prices to consumers “till other companies got well on their feet”–and a combination was effected. If Rockefeller, Hanna, Carnegie, et id genes omnes tried any of their old tricks “we might get after them”–just as we HAVE long been doing. These plutocrats are so afraid of our politicians that there is danger of their dying of neuropathy. If the coal, iron and oil operators advance prices we’ll advance their taxes–for the people to pay. And I suppose that when the whiskey trust get gay, the doctor will raise the rent of corn land, when the cotton-seed oil trust becomes too smooth, he’ll knock it on the head by adding a dollar an acre to cotton land, and so on until we get the cormorant fairly by the goozle. It’s all dead easy when you understand it–works as smoothly as an “iridescent dream” on a toboggan slide! We are continually discovering new coal, iron and oil districts, and these are “open to all on equal terms”–I can acquire them just as cheaply as can Rockefeller or Carnegie. Then what’s the matter? I lack the capital to properly develop them, to produce so cheaply as my wealthy competitors. Or if able to become a thorn in the side of the great corporations they either lower prices and freeze me out or make it to my advantage to enter the syndicate. When Rockefeller lowers the price of oil he lowers his rent; when I am either crushed by competition or taken in out of the cold, he advances the price of oil. His rent is regulated by competition for the use of oil lands–you cannot make him pay more than the market price. When you raise his rent you raise that of all the other operators in proportion, and the same is the same as an increase of the excise on whisky–the people get a meaner grade of goods at a higher price. If an ordinary man cooked up such a scheme as that for the benefit of the people, I’d feel justified in calling him a “crank,” and I cannot conceive how a man like Dr. Slavin can tack his signature to such tommy-rot. Before we can make the Single Tax “a go” we’ve got to have government ownership of telegraphs, railways, pipe-lines, etc., etc., and use the taxing power to regulate prices just as the Republicans do the tariff–and for what? To humble the haughty landlord? Oh no; to knock the stuffing out of capital–so long wept over by Single Taxers as a fellow sufferer with toil. Why not call the George system Communism?–“a rose by any other name,” etc.