Book-bot.com - read famous books online for free

Confiscation; an outline by William Greenwood
page 63 of 75 (84%)
a like feather. Their idle money is left here for investment. They do
not look to that quarter for income. The world over there is under the
feet of a few as it is here, and the result is the same - idle money
looking for interest.

No less an authority than the late Ward McAllister has said that up to
last year two hundred and eighty American women had married foreign
titles.

$1,000,000,000 was the war indemnity demanded of France by the Germans,
and so vast is this sum that the civilized world believed the Germans
wanted to retain possession of the conquered country and demanded what
the French could not pay. Yet the amount of American money it took to
buy those two hundred and eighty titles is far in excess of that war
indemnity. At four millions each it would exceed $1,000,000,000. But the
average cost must have been more than four millions. One of our
millionaire flour mill owners, who is a mere tallow candle in this
constellation, paid $7,000,000 for the title his daughter is now
wearing. And this $7,000,000 must have been a mere bagatelle compared to
what it cost Huntington to get the lively Hatzfeldt. The poor flour mill
man could not have paid that fellow's "debts of honor." This buying of
titles, however, is but one way by which the millionaires are beggaring
the American people. So much of their time is now spent over there that
they have come to look upon the United States as their rented farm, and
Europe as the place where they, in their high roller way, must get rid
of its income. Call to mind the millionaire families who live a large
part of their time in Europe. Call to mind those who have made Europe
their permanent home, with their income drawn from the United States.
Call to mind the great European estates, that have been first cleared of
their peasantry, and then leased by American millionaires, that they may
DigitalOcean Referral Badge