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Chapter 7 - Socialism -
From Poverty by James Platt

P142 Socialism.

by the landlord, the rest of the richer classes took only thirteen shillings. Now, for every thirteen shillings that is taken by the landlord, the rest of the richer classes take actually two guineas. If, therefore, the wealth of the nation tends, as Mr. Chamberlain says it does, "to run into pockets," it is sufficiently evident into whose pockets it runs.
 
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It is one of the greatest delusions of Mr. George and others to say that "poverty" is owing to the exactions of landlords. Our increased wealth has gone to those that produced it. The successful manufacturer and merchant-the most skilful and earnest in production and distribution. Let us compare a few of the incomes derived from land and commerce. There are 66 incomes derived from land of over £50,000 a-year ; in commerce there are 77. There are 800 incomes derived from land between £10,000 and £50.000; from commerce there are 910. There are 1,631 incomes derived from land between £3,000 and £10,000; from commerce there are 4,065. Yet Mr. George says that as "the increase of wealth has increased rent," there can be other logical conclusion than that "as labour machinery is ever improving, and man's power over nature ever increasing, the tendency is towards this state of things-that is, to the greater wealth and greater power of the landowners, to the more complete dependence or the more abject poverty of the rest of the community." No doubt landowners have benefited by the development of commerce and the growth of our large towns, as the owner of Consols has benefited who bought from 1801-10 at an average of 63, if he had sold during the last two years, when the average has been 100; or the holder of any of the original shares in the New River Water Company. It is most unfair to single out one class, and hold them up to public odium, as having benefited, and being likely to benefit beyond any other class, from the increased product of labour, owing to our superior machinery, &c.

The Chart, as in the National Review for February, 18S4, shows that there are 1,100,000 landowners in Great Britain; that the gross rental of the large properties is £37,426,618,

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Sociology

Poverty - by James Platt

© Peter Smith 2008