On reading Socialist literature or listening to the speeches of the revolutionists one is impressed with all the wonderful benefits that the party proposes to confer upon our citizens if it should ever rule the land. Of course very many of the proposals are made solely on the authority of the speaker or writer. But even if they have the approval of the Party, we must not forget that it is one thing to propose to grant a favor and quite another thing actually to grant it. There are lots of things that men say they propose to do, without ever intending to do them. And it frequently happens that after having had the best intentions, they change their minds or else are utterly unable to carry out their plans.
Karl Marx about half a century ago taught the absurd doctrine that as all wealth is produced by labor, to the laborers all wealth is due. He held, on the one hand, that all the profits arising from the sale of goods should accrue to the workingmen in virtue of the labor required for their production, and, on the other, that the capitalists who had not performed any work should not be entitled to a share in the profits.
This old doctrine, unreasonable as it is, is still taught at the present day not only by European Socialists but also by the revolutionists of our own country. During the May Day parade in New York City on May 1, 1912, when some 50,000 men marched behind red flags, great numbers of leaflets, entitled, "The Issue," were distributed among the spectators. These leaflets had been published by the Socialist Party of New York City and openly advocated the old doctrine of Karl Marx, the Father of modern Socialism, for on the third page appeared "A Parable," from which we quote the following: