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[167] the Pennsylvania Central. We think we have devised a little plan — Abraham Lincoln used to have a little story — by which we will save the Congress of the Nation from the moneyed corporations of the State. When we get into power, there is one thing we mean to do. If a man owns a single house, we will tax him one hundred dollars. If he owns ten houses of like value, we won't tax him one thousand dollars, but two thousand dollars. If he owns a hundred houses, we won't tax him ten thousand dollars, but sixty thousand dollars; and the richer a man grows, the bigger his tax, so that when he is worth forty million dollars he will not have more than twenty thousand dollars a year to live on. We'll double and treble and quintuple and sextuple and increase tenfold the taxes, till Stewart, out of his uncounted millions, and the Pennsylvania Central, out of its measureless income, shall not have anything more than a moderate lodging and an honest table. The corporations we would have are those of associated labor and capital,--co-operation.

We'll crumble up wealth by making it unprofitable to be rich. The poor man shall have a larger income in proportion as he is poor. The rich man shall have a lesser income in proportion as he is rich. You will say, “Is that just?” My friends, it is safe. Man is more valuable than money. You say, “Then capital will go to Europe.” Good heavens, let it go!

If other States wish to make themselves vassals to wealth, so will not we. We will save a country equal from end to end. Land, private property, all sorts of property, shall be so dearly taxed that it shall be impossible to be rich; for it is in wealth, in incorporated, combining, perpetuated wealth, that the danger of labor lies.

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