To members and well-wishers of the Share Our Wealth Society:
For 20 years I have been in the battle to provide that, so long as America has, or can produce, an abundance of the things which make life comfortable and happy, that none should own so much of the things which he does not need and cannot use as to deprive the balance of the people of a reasonable proportion of the necessities and conveniences of life. The whole line of my political thought has always been that America must face the time when the whole country would shoulder the obligation which it owes to every child born on earth — that is, a fair chance to life, liberty, and happiness.
Here is what I ask the officers and members and well-wishers of all the Share Our Wealth Societies to do:
- First. If you have a Share Our Wealth Society in your neighborhood or, if you have not one, organize one — meet regularly, and let all members, men and women, go to work as quickly and as hard as they can to get every person in the neighborhood to become a member and to go out with them to get more members for the society. If members do not want to go into the society already organized in their community, let them organize another society. We must have them as members in the movement, so that, by having their cooperation, on short notice we can all act as one person for the one object and purpose of providing that in the land of plenty there shall be comfort for all. The organized 600 families who control the wealth of America have been able to keep the 125,000,000 people in bondage because they have never once known how to effectually strike for their fair demands.
- Second. Get a number of members of the Share Our Wealth Society to immediately go into all other neighborhoods of your county and into the neighborhoods of the adjoining counties, so as to get the people in the other communities and in the other counties to organize more Share Our Wealth Societies there; that will mean we can soon get about the work of perfecting a complete, unified organization that will not only hear promises but will compel the fulfillment of pledges made to the people.
It is impossible for the United States to preserve itself as a republic or as a democracy when 600 families own more of this Nation’s wealth — in fact, twice as much — as all the balance of the people put together. Ninety-six percent of our people live below the poverty line, while 4 percent own 87 percent of the wealth. America can have enough for all to live in comfort and still permit millionaires to own more than they can ever spend and to have more than they can ever use; but America cannot allow the multimillionaires and the billionaires, a mere handful of them, to own everything unless we are willing to inflict starvation upon 125,000,000 people.
Here is the whole sum and substance of the share-our-wealth movement:
- Every family to be furnished by the Government a homestead allowance, free of debt, of not less than one-third the average family wealth of the country, which means, at the lowest, that every family shall have the reasonable comforts of life up to a value of from $5,000 to $6,000. No person to have a fortune of more than 100 to 300 times the average family fortune, which means that the limit to fortunes is between $1,500,000 and $5,000,000, with annual capital levy, taxes imposed on all above $1,000,000.
- The yearly income of every family shall be not less than one-third of the average family Income, which means that, according to the estimates of the statisticians of the United States Government and Wall Street, no family’s annual income would be less than from $2,000 to $2,500. No yearly income shall be allowed to any person larger than from 100 to 300 times the size of the average family income, which means; that no person would be allowed to earn in any year more than from $600,000 to $1,800,000, all to be subject to present income-tax laws.
- To limit or regulate the hours of work to such an extent as to prevent overproduction; the most modern and efficient machinery would be encouraged, so that as much would be produced as possible so as to satisfy all demands of the people, but to also allow the maximum time to the workers for recreation, convenience, education, and luxuries of life.
- An old-age pension to the persons of 60.
- To balance agricultural production with what can be consumed according to the laws of God, which includes the preserving and storage of surplus commodities to be paid for and held by the Government for the emergencies when such are needed. Please bear in mind, however, that when the people of America have had money to buy things they needed, we have never had a surplus of any commodity. This plan of God does not call for destroying any of the things raised to eat or wear, nor does it countenance wholesale destruction of hogs, cattle, or milk.
- To pay the veterans of our wars what we owe them and to care for their disabled.
- Education and training for all children to be equal in opportunity in all schools, colleges, universities, and other institutions for training in the professions and vocations of life; to be regulated on the capacity of children to learn, and not on the ability of parents to pay the costs. Training for life’s work to be as much universal and thorough for all walks in life as has been the training in the arts of killing.
- The raising of revenue and taxes for the support of this program to come from the reduction of swollen fortunes from the top, as well as for the support of public works to give employment whenever there may be any slackening necessary in private enterprise.
I now ask those who read this circular to help us at once in this work of giving life and happiness to our people — not a starvation dole upon which someone may live in misery from week to week. Before this miserable system of wreckage has destroyed the life germ of respect and culture in our American people let us save what was here, merely by having none too poor and none too rich. The theory of the Share Our Wealth Society is to have enough for all, but not to have one with so much that less than enough remains for the balance of the people.
Please, therefore, let me ask you who read this document — please help this work before it is too late for us to be of help to our people. We ask you now, (1) help to get your neighbor into the work of this society and (2) help get other Share Our Wealth societies started in your county and in adjoining counties and get them to go out to organize other societies.
To print and mail out this circular costs about 60 cents per hundred, or $6 per thousand. Anyone who reads this wants more circulars of this kind to use in the work, can get them for that price by sending the money to me, and I will pay the printer for him. Better still, if you can have this circular reprinted in your own town or city.
Let everyone who feels he wishes to help in our work start right out and go ahead. One man or woman is as important as any other. Take up the fight! Do not wait for someone else to tell you what to do. There are no high lights in this effort. We have no State managers and no city managers. Everyone can take up the work, and as many societies can be organized as there are people to organize them. One is the same as another. The reward and compensation is the salvation of humanity. Fear no opposition. “He who fails in this fight falls in the radiance of the future!”
Huey P. Long,
United States Senator, Washington, D.C.
Text prepared by:
- Bruce R. Magee
United States. Cong. Senate. Congressional Record. By Huey P. Long. 74 Cong., 1 sess. S. Doc. Vol. 79. Washington, D.C.: GPO, 1935. Print. 8040-8043.