Text:
The phrase "Swollen Fortunes"
accurately describes one of the evils that must be
met by legislation, because swollen fortunes are largely
due to legislation. The term "swollen" when
applied to "fortunes" means that the fortunes
are abnormally large; that they are unnatural, diseased,
and a swollen fortune implies that some possess less
than they ought to because a few have collected more
than they have earned. When we condemn swollen fortunes
we are not attacking honestly acquired fortunes. On
the contrary, we are defending legitimate accumulation
when we insist that they shall be distinguished from
wealth dishonestly acquired and that dishonest accumulations
shall be prevented. Swollen fortunes are, in almost
every case, traceable to privileges given by the government,
or to favoritism shown to a few at the expense of
the rest of the population. The cure for swollen fortunes,
therefore, is in the restoration of the government
to its old foundations, and in the application to
all branches of the government of the doctrine of
equal rights to all and special privileges to none.
There is a divine law reward, and where this law is
operated, people enjoy compensation in proportion
to their intelligence, their industry and their integrity.
It should be the aim of the government to conform
to this divine law, and as far as possible, insure
to each citizen a return from society proportionate
to his contribution to the welfare of society. This
is the economic principal which should govern all
legislation and then when each has received what he
has justly earned, he is prepared to apply the moral
principal that those who are strong should voluntarily
assist those who are weak; that those who are fortunate
should voluntarily share with the unfortunate.
Biography:
A former U.S. representative
of Nebraska, Bryan was first nominated for the presidency
in 1896, but he lost a bitterly fought contest to
Republican William McKinley. In November of 1900,
this election match-up was repeated, and again Bryan
was defeated in a narrow vote. However, he continued
to dominate the Democratic party, and in 1908 he made
a third unsuccessful bid for the presidency, this
time against Republican William Howard Taft. In 1912,
Bryan's support of Woodrow Wilson helped the latter
win the presidency, and Bryan was appointed secretary
of state. However, because of his antiwar beliefs,
Bryan resigned in 1915 rather than support Wilson's
official condemnation of the German sinking of the
Lusitania. In his later years, Bryan, a Presbyterian,
devoted himself to the defense of Christian fundamentalism.
He urged measures against teaching evolution, and
in 1925 aided the prosecution in the so-called "Scopes
Monkey Trial." In the famous case, biology teacher
John T. Scopes was accused of teaching Darwinism in
violation of Tennessee state law. Although Scopes
was convicted, Bryan's literal interpretation of the
Bible was subjected to severe ridicule in a searching
examination by defense lawyer Clarence Darrow. Five
days after the trial ended, William Jennings Bryan
died in his sleep.