File:The Saturday evening post (1920) (14597938260).jpg

Identifier: saturdayeveningp1933unse (find matches)
Title: The Saturday evening post
Year: 1839 (1830s)
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Publisher: Philadelphia : G. Graham
Contributing Library: University of Illinois Urbana-Champaign
Digitizing Sponsor: University of Illinois Urbana-Champaign

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e-half this mileage was in the United States. Never sincehas this countrys share of the railroad mileage of theworld shrunk as low as one-third. And so from thevery date of the first enunciation of the laws whichwere to govern and control it, capital was to work outin practice in the United States through its controlof the greatest of all mechanical operations the threat-ening destinies which were being made a matter ofsuch general knowledge by Mr. Marx and his followers. The opportunity for capital in this country then wasclear. The danger to the population, though not thenrecognized, was doubly great. It was a danger not aloneof economic slavery to capital but to an absentee capi-tal as well—with all that that implies. For English capitalnow started out upon its attempt to build the Americanrailroads, and so gain an economic foothold upon this greatnew fertile continent. Capital, as Mr. Marx pointed out and as any man tryingto create a competence! from a pioneer American farm well
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copyright iiy UNMMWOOO A UNMRWOODj New York city Wall Street, Westward, With Trinity Church at Its End understood, is often more the product of machinery thanof the unaided muscles of the human back—the machine,of course, making possible that surplus of production which,aa all know, becomes capital if saved and used for furtherprocesses of production. In America, without machinery,this surplus did not then exist. And it existed at that time, in any large exportable quantities, only in theone great mechanical center, England. So, as anystudent of its laws would have known, it was fromthe then well-hated shores of England that capitalreached out to bind back to her in a new control herformer dependency. Being absent from the scene ofits operations, it was compelled, like all absentee gov-ernments, to make use of agents, and so establishedits well-known relations with the American railroadpromoter. The instrument first employed to bind the railroadupon America by English capital and it

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