University of Houston Digital Library: Socialist and Communist Pamphlets: Socialism summed up

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Socialism summed up

Image 99

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Hillquit, Morris, 1869-1933. Socialism summed up - Image 99. 1913. Special Collections, University of Houston Libraries. University of Houston Digital Library. Web. October 30, 2020. https://digital.lib.uh.edu/collection/scpamp/item/377/show/359.

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Hillquit, Morris, 1869-1933. (1913). Socialism summed up - Image 99. Socialist and Communist Pamphlets. Special Collections, University of Houston Libraries. Retrieved from https://digital.lib.uh.edu/collection/scpamp/item/377/show/359

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Hillquit, Morris, 1869-1933, Socialism summed up - Image 99, 1913, Socialist and Communist Pamphlets, Special Collections, University of Houston Libraries, accessed October 30, 2020, https://digital.lib.uh.edu/collection/scpamp/item/377/show/359.

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Compound Item Description

Title	Socialism summed up
Creator (LCNAF)	Hillquit, Morris, 1869-1933
Publisher	The H. K. Fly Co.
Place of Creation (TGN)	New York
Date	1913
Subject.Topical (LCSH)	Socialism
Genre (AAT)	pamphlets
Language	English
Type (DCMI)	Text
Original Item Extent	110 pages: illustrations; 20 cm.
Original Item Location	HX86.H77 1914
Original Item URL	http://library.uh.edu/record=b8304545~S11
Original Collection	Socialist and Communist Pamphlets
Digital Collection	Socialist and Communist Pamphlets
Digital Collection URL	http://digital.lib.uh.edu/collection/scpamp
Repository	Special Collections, University of Houston Libraries
Repository URL	http://libraries.uh.edu/branches/special-collections
Use and Reproduction	This item is in the public domain and may be used freely.
File Name	index.cpd

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Item Description

Title	Image 99
Format (IMT)	image/jpeg
File Name	uhlib_2100825_098.jpg
Transcript	MOVEMENT IN THE UNITED STATES 97 1900, and the annual telegraph messages increased from 5,000,000 to 80,000,000 during the same period. Towards the end of the nineteenth century the United States had become a distinctly industrial and "capitalistic" country. Over 40 per cent, of its inhabitants were engaged in manufacture, trade and transportation, and agriculture receded to second place. One-third of all the people had congregated in large cities as against one-eighth in 1850. Corporations became the dominant factors in industry and finally evolved the highest form of capitalist organization— the trusts. Large fortunes were quickly made and a generation of millionaires and multi-millionaires was born. Towards the middle of the last century America could boast of only fifty millionaires with an aggregate fortune of about eighty million dollars. At the close of the century the number of American millionaires of all degrees exceeded twenty thousand, their total wealth mounted to thirty billion dollars and represented almost a full half of the "national" wealth of the country. The rapid growtfi and expansion of capitalism naturally produced its inseparable counterparts—mass- poverty, unemployment, child labor, class struggles, social unrest and general discontent. By the end of the century about 6,500,000 persons were regularly without work at some time during the year, and the standing army of jobless workers was considerably over one million. At the same time the number of