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The Pamphlet Collection of Sir Robert Stout: Volume 75

Periodic Depressions in Trade

Periodic Depressions in Trade

and social miseries arising out of them, leave the capitalist better off than he was before: that, while ruin and want and misery are the portion of the worker, the other side are wallowing in wealth and arranging "corners" and trusts, and otherwise adjusting the capitalistic system to their own satisfaction. (Applause.) It is really wonderful to note how the trained business men in the Old Country have been fooled for so long. Many of us have been looked upon as agitators, wanting to steal their few pounds, by the very people who are suffering most from the capitalistic system. Poor old men and women of sixty and seventy, who have saved up a small store, have been taught that it is their property that would be confiscated by us, and these poor old souls have been so deceived that they have joined forces with the very people who have been pilfering from them all the time. (Applause.) In coming to New Zealand one comes across great quantities of marine insects called whale-feed. I was very much struck by the pink colour they gave to the surface of the water. When I heard that they were called