.
| In Support
of Taxing Land Values |
| [Excerpts from a
speech delivered 2 July, 1935 on the floor of the U.S. House of
Representatives] |
In 1857 Lord Macaulay wrote a letter to H. S. Randall, autobiographer
of Jefferson -- a letter which President Garfield said startled him "like
an alarm bell at night" -- which reads in part as follows:
"I have long been convinced that institutions purely democratic
must sooner or later destroy liberty or civilization, or both. You may
think that your country enjoys an exemption from these evils. I will
frankly own to you that I am of a very different opinion. Your fate I
believe to be settled, though it is deferred by a physical cause. As
long as you have a boundless extent of fertile and unoccupied land your
laboring population will be far more at ease than the laboring
population of the Old World, and while that is the case the Jefferson
politics, may continue to exist without any fatal calamity. But the time
will come
when wages will be as low and will fluctuate as much
with you as with us. You will have your Manchesters and Birminghams, and
in these Manchesters and Birminghams hundreds of thousands of artisans
will assuredly some time be out of work. Then your institutions will be
brought to the test.
"I have seen England pass three or four times through such
critical seasons and I have described; through such seasons the United
States will have to pass in the course of the next century, if not of
this. How will you pass through them? I heartily wish you a good
deliverance. But my reason and my wishes are at war, and I cannot help
foreboding the worst.
"I seriously apprehend that you will, in some such season of
adversity as I have described, do things that will prevent prosperity
from returning. There will be, I fear, spoliation. The spoliation will
increase and distress. The distress will produce fresh spoliation. There
is nothing to stop you. Your constitution is all sail and no anchor.
__ _ "As I said before, when a society has entered on this
downward progress, either civilization or liberty must perish. Either
some Caesar or Napoleon will seize the reins of government with a strong
hand, or your Republic will be as fearfully plundered and laid waste by
the barbarians in the twentieth century as the Roman Empire was in the
fifth, with the difference that the Huns and Vandals who ravaged the
Roman Empire came from without, and that your Huns and Vandals will have
been engendered within your own country by your own institutions."
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