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Confiscation; an outline by William Greenwood
page 33 of 75 (44%)
Let us see to it that the power of our pyramid builders is destroyed
before it gets beyond five million dollar palaces.

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When we apply the principle of Confiscation to the millionaire merchant
and turn his excess into the public treasury, it will be no more
destructive of the business of which he has had all the profits than it
was of the railroads. There will be more business done in the same line
than ever, but more will be doing it, and consequently more will share
in the profits. But if our object is to break up these fabulous
fortunes, which mean certain death to our liberties, and whose blight
has paralyzed progress and development, there should be no reason why we
should not allow the present owners to take a hand in the breaking up.
If the merchant, or other millionaire, would rather divide his millions
among his relatives (barring his wife and minors) and friends, than to
resign it over to the public treasury, let him do so. Our aim will be
attained whichever happens, which is simply to bring about a better
distribution of the wealth of this country, and we know of no way of
making this even distribution that will compare with Confiscation.
Socialism, in all its forms, means the surrendering of individual
liberty, and is a retrograde movement, and the outcome of it can be
nothing more or less than despotism of the very worst kind.

Socialism enlarges the power of one individual over another. This is
incompatible with the liberty that goes with a republic. Confiscation
says, $100,000 is enough. When you are found with more, it will be
considered as proof that you have been taking an unfair advantage of
some one, and the surplus makes you dangerous to the welfare of a
republic, and is therefore forfeited. There will be nothing more
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