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THE ABOLITION OF POVERTY

BY

ISADOR LADOFF

AUTHOR OF "THE PASSING OF CAPITALISM," ETC.

WITH A SUPPLEMENT

"JESUS OR MAMMON"

BY

J. FELIX

CHICAGO

CHARLES H. KERR & COMPANY

[blocks in formation]

AMERICAN PAUPERISM

AN APPEAL TO THE READER.

You know that we live in an age of great prosperity; that the United States exceeds Great Britain in the totals of her domestic export; that the foreign business of the United States passes beyond two billion dollars; that ner profitsthat is, the excess of exports over importsreaches more than four hundred and seventy-six million dollars.

You know, in other words, that the United States is able to provide sufficient food, clothing and shelter, foreign and domestic goods for comfortable and even luxurious living for her people, and sells abroad goods at the rate of a million and a half dollars in cash for every working day.

You know that the United States has ceased to be a nation-debtor and has become a creditornation; that the bank clearings have increased immensely, while the number of receiverships steadily decline; that there never was such an expansion in the various manufacturing industries; that never before has so much money been in circulation in the country, either in volume or in per capita distribution; that never before were

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