LAST DITCH OF DEMOCRACY - Majority Rights

ticket takes his chance with the other purchasers of lottery tickets,
neither gambles with the bread of the people.
Hence the old disparagement or contempt for stock jobbers, long away
back when there still was some perception of ethics, and men were
supposed to LOOK at the consequences of their acts, before thinking
they were being both honest and clever. This remark will make me
exceedingly unpopular among the American rich, if any of ’em become
aware of my saying it. There are various devious and twisty ways of
arguing about the uses of short selling, etc., none of ’em, NONE of ’em
would cut any ice with a jury of IMPARTIAL and disinterested men
sufficiently intelligent to understand the question. NONE of ’em have
any ethical weight. A century ago a congressman could rise to the
creation of such a phrase as “a very undigested system of ethics.”
That is what the stockbrokers have mostly got wrong with ’em.
Except those who say frankly that they are predatory ANIMALS, and
want to rob and predate. Well, that predatory spirit is NOT inspirin’
Europe at this present moment. Certain primitive types go out of fashion,
one might almost believe in social progress, the cave man, the robber
baron, etc. are not in the front line. They are relegated to history. And
anyone interested in the theory of historic PHASE might by now lay a
conjecture as to whether the old Wall Street ideal of robbin’ the widdys
and orphans by means of stock deals, and rigged markets etc., may not
be driftin’ OUT of the picture.
EUROPE is on. Europe is distinctly ON to the speculation racket. On to
what it does to a country, how it injures the plain common people.
Hence of course Mr. Eden’s war. Mr. Churchill’s war, Mr. Roosevelt’s
WAR, and the support or pursuit [or at least the tail end] CHASE of that
war by six hundred renters of bench room in the British Westminster
Parliament. An assorted set of skin games; sort of palm’ out in the bright