Other formats

    Adobe Portable Document Format file (facsimile images)   TEI XML file   ePub eBook file  

Connect

    mail icontwitter iconBlogspot iconrss icon

The Pamphlet Collection of Sir Robert Stout: Volume 75

A State Bank

A State Bank,

and I believe the superior mind has been much disturbed by that; but I recognise that if there is to be any system of usury carried on the State should carry it on. A bank owned by the State would be a safer bank than some of the banks you have had here—at least, it could not be worse. (Laughter and applause.) State ownership and control would make the other side respect themselves and respect labour. They are already beginning to recognise that in Germany, and in many respects the people there are far ahead of ourselves. But we Socialists are fighting in that direction. Most of our Trade Congresses in the Old Country are ad opting that idea. A body of 500 representative men recently passed Socialistic resolutions of a most drastic character with only twenty dissentients, and such progress is Socialism making that we are putting men upon our municipal bodies page 19 and into our Legislature who are practically pledged to the Socialistic programme. They are not there in great numbers yet, it is true, but the movement is growing, and our forces are growing as well. So manifest was the force at the last general elections that the Liberal Party, which was too superior to represent Labour in the Old Country, was routed from one end of the country to the other; and that Liberal Party is now beginning to recognise the power of the younger members of our party and its growing force. I am glad to say that we have made some