By it seventy million people--the whole nation, in fact--were harnessed to the coach of the owner of this bond; and, what was more, the driver in this case was the Government itself, against which the team would find it hard to kick. There was a great deal of kicking and balking in the other sorts of harness, and the capitalists were often inconvenienced and temporarily deprived of the labor of the men they had bought and paid for with good money. Naturally, therefore, the Government bond was greatly prized by them as an investment. They used every possible effort to induce the various governments to put more and more of this sort of harness on the people, and the governments, being carried on by the agents of the capitalists, of course kept on doing so, up to the very eve of the great Revolution, which was to turn the bonds and all the other harnesses into waste paper."

"As a representative of the nineteenth century," I said, "I can not deny the substantial correctness of your rather startling way of describing our system of investments. Still, you will admit that, bad as the system was and bitter as was the condition of the ma.s.ses under it, the function performed by the capitalists in organizing and directing such industry as we had was a service to the world of some value."

"Certainly, certainly," replied the doctor. "The same plea might be urged, and has been, in defense of every system by which men have ever made other men their servants from the beginning. There was always some service, generally valuable and indispensable, which the oppressors could urge and did urge as the ground and excuse of the servitude they enforced. As men grew wiser they observed that they were paying a ruinous price for the services thus rendered. So at first they said to the kings: 'To be sure, you help defend the state from foreigners and hang thieves, but it is too much to ask us to be your serfs in exchange; we can do better.' And so they established republics. So also, presently, the people said to the priests: 'You have done something for us, but you have charged too much for your services in asking us to submit our minds to you; we can do better.' And so they established religious liberty.

"And likewise, in this last matter we are speaking of, the people finally said to the capitalists: 'Yes, you have organized our industry, but at the price of enslaving us. We can do better.' And subst.i.tuting national co-operation for capitalism, they established the industrial republic based on economic democracy. If it were true, Julian, that any consideration of service rendered to others, however valuable, could excuse the benefactors for making bondmen of the benefited, then there never was a despotism or slave system which could not excuse itself."

"Haven't you some real money to show us," said Edith, "something besides these papers--some gold and silver such as they have at the museum?"

It was not customary in the nineteenth century for people to keep large supplies of ready money in their houses, but for emergencies I had a little stock of it in my safe, and in response to Edith's request I took out a drawer containing several hundred dollars in gold and emptied it on the table.

"How pretty they are!" exclaimed Edith, thrusting her hands in the pile of yellow coins and clinking them together. "And is it really true that if you only had enough of these things, no matter how or where you got them, men and women would submit themselves to you and let you make what use you pleased of them?"

"Not only would they let you use them as you pleased, but they would be extremely grateful to you for being so good as to use them instead of others. The poor fought each other for the privilege of being the servants and underlings of those who had the money."

"Now I see," said Edith, "what the Masters of the Bread meant."

"What is that about Masters of the Bread?" I asked. "Who were they?"

"It was a name given to the capitalists in the revolutionary period,"

replied the doctor. "This thing Edith speaks of is a sc.r.a.p of the literature of that time, when the people first began to fully wake up to the fact that cla.s.s monopoly of the machinery of production meant slavery for the ma.s.s."

"Let me see if I can recall it," said Edith. "It begins this way: 'Everywhere men, women, and children stood in the market-place crying to the Masters of the Bread to take them to be their servants, that they might have bread. The strong men said: "O Lords of the Bread, feel our thews and sinews, our arms and our legs; see how strong we are. Take us and use us. Let us dig for you. Let us hew for you. Let us go down in the mine and delve for you. Let us freeze and starve in the forecastles of your ships. Send us into the h.e.l.ls of your steamship stokeholes. Do what you will with us, but let us serve you, that we may eat and not die!"

"'Then spoke up also the learned men, the scribes and the lawyers, whose strength was in their brains and not in their bodies: "O Masters of the Bread," they said, "take us to be your servants and to do your will. See how fine is our wit, how great our knowledge; our minds are stored with the treasures of learning and the subtlety of all the philosophies. To us has been given clearer vision than to others, and the power of persuasion that we should be leaders of the people, voices to the voiceless, and eyes to the blind. But the people whom we should serve have no bread to give us. Therefore, Masters of the Bread, give us to eat, and we will betray the people to you, for we must live. We will plead for you in the courts against the widow and the fatherless. We will speak and write in your praise, and with cunning words confound those who speak against you and your power and state. And nothing that you require of us shall seem too much. But because we sell not only our bodies, but our souls also, give us more bread than these laborers receive, who sell their bodies only."

"'And the priests and Levites also cried out as the Lords of the Bread pa.s.sed through the market-place: "Take us, Masters, to be your servants and to do your will, for we also must eat, and you only have the bread.

We are the guardians of the sacred oracles, and the people hearken unto us and reply not, for our voice to them is as the voice of G.o.d. But we must have bread to eat like others. Give us therefore plentifully of your bread, and we will speak to the people, that they be still and trouble you not with their murmurings because of hunger. In the name of G.o.d the Father will we forbid them to claim the rights of brothers, and in the name of the Prince of Peace will we preach your law of compet.i.tion."

"'And above all the clamor of the men were heard the voices of a mult.i.tude of women crying to the Masters of the Bread: "Pa.s.s us not by, for we must also eat. The men are stronger than we, but they eat much bread while we eat little, so that though we be not so strong yet in the end you shall not lose if you take us to be your servants instead of them. And if you will not take us for our labor's sake, yet look upon us: we are women, and should be fair in your eyes. Take us and do with us according to your pleasure, for we must eat."

"'And above all the chaffering of the market, the hoa.r.s.e voices of the men, and the shrill voices of the women, rose the piping treble of the little children, crying: "Take us to be your servants, for the b.r.e.a.s.t.s of our mothers are dry and our fathers have no bread for us, and we hunger.

We are weak, indeed, but we ask so little, so very little, that at last we shall be cheaper to you than the men, our fathers, who eat so much, and the women, our mothers, who eat more than we."

"'And the Masters of the Bread, having taken for their use or pleasure such of the men, the women, and the little ones as they saw fit, pa.s.sed by. And there was left a great mult.i.tude in the market-place for whom there was no bread.'"

"Ah!" said the doctor, breaking the silence which followed the ceasing of Edith's voice, "it was indeed the last refinement of indignity put upon human nature by your economic system that it compelled men to seek the sale of themselves. Voluntary in a real sense the sale was not, of course, for want or the fear of it left no choice as to the necessity of selling themselves to somebody, but as to the particular transaction there was choice enough to make it shameful. They had to seek those to whom to offer themselves and actively to procure their own purchase. In this respect the submission of men to other men through the relation of hire was more abject than under a slavery resting directly on force. In that case the slave might be compelled to yield to physical duress, but he could still keep a mind free and resentful toward his master; but in the relation of hire men sought for their masters and begged as a favor that they would use them, body and mind, for their profit or pleasure. To the view of us moderns, therefore, the chattel slave was a more dignified and heroic figure than the hireling of your day who called himself a free worker.

"It was possible for the slave to rise in soul above his circ.u.mstances and be a philosopher in bondage like Epictetus, but the hireling could not scorn the bonds he sought. The abjectness of his position was not merely physical but mental. In selling himself he had necessarily sold his independence of mind also. Your whole industrial system seems in this point of view best and most fitly described by a word which you oddly enough reserved to designate a particular phase of self-selling practiced by women.

"Labor for others in the name of love and kindness, and labor with others for a common end in which all are mutually interested, and labor for its own joy, are alike honorable, but the hiring out of our faculties to the selfish uses of others, which was the form labor generally took in your day, is unworthy of human nature. The Revolution for the first time in history made labor truly honorable by putting it on the basis of fraternal co-operation for a common and equally shared result. Until then it was at best but a shameful necessity."

Presently I said: "When you have satisfied your curiosity as to these papers I suppose we might as well make a bonfire of them, for they seem to have no more value now than a collection of heathen fetiches after the former worshipers have embraced Christianity."

"Well, and has not such a collection a value to the student of history?"

said the doctor. "Of course, these doc.u.ments are scarcely now valuable in the sense they were, but in another they have much value. I see among them several varieties which are quite scarce in the historical collections, and if you feel disposed to present the whole lot to our museum I am sure the gift will be much appreciated. The fact is, the great bonfire our grandfathers made, while a very natural and excusable expression of jubilation over broken bondage, is much to be regretted from an archaeological point of view."

"What do you mean by the great bonfire?" I inquired.

"It was a rather dramatic incident at the close of the great Revolution.

When the long struggle was ended and economic equality, guaranteed by the public administration of capital, had been established, the people got together from all parts of the land enormous collections of what you used to call the evidences of value, which, while purporting to be certificates of property in things, had been really certificates of the ownership of men, deriving, as we have seen, their whole value from the serfs attached to the things by the constraint of bodily necessities.

These it pleased the people--exalted, as you may well imagine, by the afflatus of liberty--to collect in a vast ma.s.s on the site of the New York Stock Exchange, the great altar of Plutus, whereon millions of human beings had been sacrificed to him, and there to make a bonfire of them. A great pillar stands on the spot to-day, and from its summit a mighty torch of electric flame is always streaming, in commemoration of that event and as a testimony forever to the ending of the parchment bondage that was heavier than the scepters of kings. It is estimated that certificates of ownership in human beings, or, as you called them, t.i.tles to property, to the value of forty billion dollars, together with hundreds of millions of paper money, went up in that great blaze, which we devoutly consider must have been, of all the innumerable burnt sacrifices which have been offered up to G.o.d from the beginning, the one that pleased him best.

"Now, if I had been there, I can easily imagine that I should have rejoiced over that conflagration as much as did the most exultant of those who danced about it; but from the calmer point of view of the present I regret the destruction of a ma.s.s of historic material. So you see that your bonds and deeds and mortgages and shares of stock are really valuable still."

CHAPTER XV.

WHAT WE WERE COMING TO BUT FOR THE REVOLUTION.

"We read in the histories," said Edith's mother, "much about the amazing extent to which particular individuals and families succeeded in concentrating in their own hands the natural resources, industrial machinery, and products of the several countries. Julian had only a million dollars, but many individuals or families had, we are told, wealth amounting to fifty, a hundred, and even two or three hundred millions. We read of infants who in the cradle were heirs of hundreds of millions. Now, something I never saw mentioned in the books was the limit, for there must have been some limit fixed, to which one individual might appropriate the earth's surface and resources, the means of production, and the products of labor."

"There was no limit," I replied.

"Do you mean," exclaimed Edith, "that if a man were only clever and unscrupulous enough he might appropriate, say, the entire territory of a country and leave the people actually nothing to stand on unless by his consent?"

"Certainly," I replied. "In fact, in many countries of the Old World individuals owned whole provinces, and in the United States even vaster tracts had pa.s.sed and were pa.s.sing into private and corporate hands.

There was no limit whatever to the extent of land which one person might own, and of course this ownership implied the right to evict every human being from the territory unless the owner chose to let individuals remain on payment of tribute."

"And how about other things besides land?" asked Edith.

"It was the same," I said. "There was no limit to the extent to which an individual might acquire the exclusive ownership of all the factories, shops, mines, and means of industry, and commerce of every sort, so that no person could find an opportunity to earn a living except as the servant of the owner and on his terms."

"If we are correctly informed," said the doctor, "the concentration of the ownership of the machinery of production and distribution, trade and industry, had already, before you fell asleep, been carried to a point in the United States through trusts and syndicates which excited general alarm."

"Certainly," I replied. "It was then already in the power of a score of men in New York city to stop at will every car-wheel in the United States, and the combined action of a few other groups of capitalists would have sufficed practically to arrest the industries and commerce of the entire country, forbid employment to everybody, and starve the entire population. The self-interest of these capitalists in keeping business going on was the only ground of a.s.surance the rest of the people had for their livelihood from day to day. Indeed, when the capitalists desired to compel the people to vote as they wished, it was their regular custom to threaten to stop the industries of the country and produce a business crisis if the election did not go to suit them."

"Suppose, Julian, an individual or family or group of capitalists, having become sole owners of all the land and machinery of one nation, should wish to go on and acquire the sole ownership of all the land and economic means and machinery of the whole earth, would that have been inconsistent with your law of property?"

"Not at all. If one individual, as you suggest, through the effect of cunning and skill combined with inheritances, should obtain a legal t.i.tle to the whole globe, it would be his to do what he pleased with as absolutely as if it were a garden patch, according to our law of property. Nor is your supposition about one person or family becoming owner of the whole earth a wholly fanciful one. There was, when I fell asleep, one family of European bankers whose world-wide power and resources were so vast and increasing at such a prodigious and accelerating rate that they had already an influence over the destinies of nations wider than perhaps any monarch ever exercised."

"And if I understand your system, if they had gone on and attained the ownership of the globe to the lowest inch of standing room at low tide, it would have been the legal right of that family or single individual, in the name of the sacred right of property, to give the people of the human race legal notice to move off the earth, and in case of their failure to comply with the requirement of the notice, to call upon them in the name of the law to form themselves into sheriffs' _posses_ and evict themselves from the earth's surface?"

"Unquestionably."

"O father," exclaimed Edith, "you and Julian are trying to make fun of us. You must think we will believe anything if you only keep straight faces. But you are going too far."

"I do not wonder you think so," said the doctor. "But you can easily satisfy yourself from the books that we have in no way exaggerated the possibilities of the old system of property. What was called under that system the right of property meant the unlimited right of anybody who was clever enough to deprive everybody else of any property whatever."

"It would seem, then," said Edith, "that the dream of world conquest by an individual, if ever realized, was more likely under the old _regime _ to be realized by economic than by military means."

"Very true," said the doctor. "Alexander and Napoleon mistook their trade; they should have been bankers, not soldiers. But, indeed, the time was not in their day ripe for a world-wide money dynasty, such as we have been speaking of. Kings had a rude way of interfering with the so-called rights of property when they conflicted with royal prestige or produced dangerous popular discontent. Tyrants themselves, they did not willingly brook rival tyrants in their dominions. It was not till the kings had been shorn of power and the interregnum of sham democracy had set in, leaving no virile force in the state or the world to resist the money power, that the opportunity for a world-wide plutocratic despotism arrived. Then, in the latter part of the nineteenth century, when international trade and financial relations had broken down national barriers and the world had become one field of economic enterprise, did the idea of a universally dominant and centralized money power become not only possible, but, as Julian has said, had already so far materialized itself as to cast its shadow before. If the Revolution had not come when it did, we can not doubt that something like this universal plutocratic dynasty or some highly centered oligarchy, based upon the complete monopoly of all property by a small body, would long before this time have become the government of the world. But of course the Revolution must have come when it did, so we need not talk of what would have happened if it had not come."

CHAPTER XVI.