Speech of Mr Ingalls of Kansas in the Senate of the United States Jan 14 1
Speech of Mr Ingalls of Kansas in the Senate of the United States Jan 14 1
John James Ingalls
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HOAR. And more than the whole country had when the Constitu- tion was formed. Mr. ING ALLS. Yes, and, as the Senator from Massachusetts well observes and I thank him for the suggestion much more, many times more than the entire wealth of the country when it was established and founded. Four hundred persons possess #10, 000, 000 each, 1, 000 persons $5, 000, 000 each, 2, 000 persons #2, 500, 000 each, 6, 000 persons #1, 000, 000 each, and 15, 000 persons #500, 000 each, making a total of 31, 100... people who possess Mr. President, it is the most appalling statement that ever fell upon mortal ears. It is, so far as the results of democracy as a social and political experi- ment are concerned, the most terrible commentary that ever was recorded in the book of time ; and Nero fiddles while Rome burns. It is thrown off with a laugh and a sneer as the ' ' froth upon the beer ' ' of our political and social system. As I said, the assessed valuation recorded in the great national ledger standing to our credit is about #65, 000, 000, 000.
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