FREE BOOKS

Author's List




PREV.   NEXT  
|<   34   35   36   37   38   39   40   41   42   43   44   45   46   47   48   49   50   51   52   53   54   55   56   57   58  
59   60   61   62   63   64   65   66   67   68   69   70   71   72   73   74   75   76   77   78   79   80   81   82   83   >>   >|  
r, every cobbler, every chimney-sweep, every clerk, being not a wage-earning labourer, is "one of the legal proprietors of the three natural monopolies," or in plainer language, a monopolist. At least, the income of this very large class has barefacedly been credited to the capitalist class, whilst its members have been utilised (on page 4 of the pamphlet) to swell the ranks of the workers. This is dishonesty number one. The income of the exceptionally skilled artisans, who also form a very large class, is credited on page 7 to the "classes" under the heading "profits and salaries." They also are included among the "monopolists," although their number has likewise been utilised (on page 4) to swell the number of the workers. This is dishonesty number two. Let us now look at the result of the dishonest Fabian juggling with figures by comparing the statement regarding the national income contained in the Fabian pamphlet with a recent statement of Mr. Chiozza Money, M.P., who is a Socialist, and who divides the national income as follows: Income of working class (33,000,000 people) about L650,000,000 Income of middle class (all except manual labourers and the rich--small business men, managers, clerks, public servants, &c., with incomes up to L700--9,750,000 people) about 475,000,000 Income of rich (with incomes L700 and above) (1,250,000 people) about 600,000,000 -------------- Total about L1,725,000,000[140] From the foregoing statement it appears that the rich draw not two-thirds, but only one-third, of the national income, and this fact should be carefully borne in mind in view of the contents of the following pages. The pamphlet states on page 6 that _650,000,000l._ per annum are paid in the shape of rent and interest, "not in return for any service rendered to the community, but merely as the payment for permission to use the land and the already accumulated capital of the country." The national capital is invested chiefly in perishable objects such as houses, factories, railways, steamships, mines, &c., which depreciate unless kept in proper repair. There is wear and tear in capital as in everything else. Capital is lost and destroyed every day. Lastly, the national capital is growing, an
PREV.   NEXT  
|<   34   35   36   37   38   39   40   41   42   43   44   45   46   47   48   49   50   51   52   53   54   55   56   57   58  
59   60   61   62   63   64   65   66   67   68   69   70   71   72   73   74   75   76   77   78   79   80   81   82   83   >>   >|  



Top keywords:

income

 

national

 
number
 

capital

 
statement
 

people

 

pamphlet

 

Income

 

workers

 

utilised


dishonesty

 

Fabian

 

incomes

 

credited

 

contents

 

carefully

 

states

 

foregoing

 

thirds

 

appears


interest

 

payment

 

proper

 

repair

 
depreciate
 
steamships
 

Lastly

 

growing

 

destroyed

 

Capital


railways

 

factories

 

permission

 

community

 
service
 
rendered
 

accumulated

 

objects

 

houses

 
perishable

chiefly
 

country

 
invested
 
return
 
business
 
labourer
 

salaries

 

included

 

profits

 
heading