Ladies and Gentlemen:
I’ve, on several occasions, had the particular honor of being invited to
make some speeches that I was supposed to get some kind of Honoraria for.
I started to say moratorium.
One time over in Cleveland I was supposed to get $250, and one time in New
York I was to get five, six, seven hundred dollars, but my conscience
wouldn’t allow me, on either of these occasions, to take the money.
Now, however, I have never made a free speech. I never made a speech
unless it was before a court or before a crowd where I was trying to get
votes or before an audience where I was trying to get converts. And I am
probably addressing, for the benefit of the work I am pursuing, the most
important and probably the farthest-reaching organization that I’ve ever
had the pleasure of speaking to, because you are the people who have the
contact with the American people....
According to the tables which we have assembled, it is our estimate that 4
percent of the American people own 85 percent of the wealth of America,
and that over 70 percent of the people of America don’t own enough to
pay for the debts that they owe.
Any man with a thimble-full of sense ought to know that if you take 85
percent off of that table and give it to one man that you are bound to
have 2/3 the people starving because they haven’t got enough to eat.
Giv’em a yacht! Giv’em a Palace!
Send ‘em to Reno and
give them a new wife when they want it,
if that’s what they want.
How many men ever went to a barbecue and
would let one man take off the table what’s intended for 9/10th of the
people to eat? The only way to be able to feed the balance of the people
is to make that man come back and bring back some of that grub that he ain’t
got no business with!
Now we got a barbecue. We have been praying to the Almighty to send us to
a feast. We have knelt on our knees morning and nighttime. The Lord has
answered the prayer. He has called the barbecue. “Come to my feast,”
He said to 125 million American people. But Morgan and Rockefeller and
Mellon and Baruch have walked up and took 85 percent of the victuals off
Now, how are you going to feed the balance of the people? What’s Morgan
and Baruch and Rockefeller and Mellon going to do with all that grub? They
can’t eat it, they can’t wear the clothes, they can’t live in the
Giv’em a yacht! Giv’em a Palace! Send ‘em to Reno and give them a
new wife when they want it, if that’s what they want. But when they’ve
got everything on God’s loving earth that they can eat and they can wear
and they can live in, and all that their children can live in and wear and
eat, and all of their children’s children can use, then we’ve got to
call Mr. Morgan and Mr. Mellon an Mr. Rockefeller back and say, come back
here, put that stuff back on this table here that you took away from here
that you don’t need. Leave something else for the American people to
consume. And that’s the program.
We will call in Mr. Rockefeller, Mr. Morgan, Mr. Mellon....Dear Mr.
Mellon, We’re not going to destroy the capitalistic system, but we’re
going to put in a limit, you can have up to 4- to 5-million dollars and
that’s all. We’re not going to destroy the Gulf Refining Company; we’re
not going to destroy the Standard Oil Company, but we’re going to say
that the limit of any one man’s stock ownership in the Standard Oil
company is from 3- to 5-million dollars for that individual and the
balance to the people of America who own the balance of what the Standard
Oil company is worth!
Then, we start from the bottom. That the 25 or more million American
families shall have a homestead. Up to $5,000....a home and the comforts
of a home, including an automobile and a radio, the things it takes in
that house to live on...
We say to America, 125 million, none shall be too big, none shall be too
poor, none shall work too much, none shall be idle. No luxurious mansions
empty, none walking the streets, none impoverished, none in pestilence,
none in want, but in the land blessed by the smile of the Creator with
everything to be consumed, to be eaten, to be worn, that America will
become a land, sharing the fruits of the land, not for the favored few,
not to satisfy greed, but that all may live in the land in which the Lord
has provided an abundance sufficient for the luxury and convenience of the
people in general! I thank you.