delivered 23 February 1934

Is that a right of life, when the young children of this country are being reared into a sphere which is more owned by 12 men that is by 120,000,000 people?

Ladies and gentlemen, I have only 30 minutes in which to speak to you this evening, and I, therefore, will not be able to discuss in detail so much as I can write when I have all of the time and space that is allowed me for the subjects, but I will undertake to sketch them very briefly without manuscript or preparation, so that you can understand them so well as I can tell them to you tonight.

I contend, my friends, that we have no difficult problem to solve in America, and that is the view of nearly everyone with whom I have discussed the matter here in Washington and elsewhere throughout the United States -- that we have no very difficult problem to solve.

It is not the difficulty of the problem which we have; it is the fact that the rich people of this country -- and by rich people I mean the super-rich -- will not allow us to solve the problems, or rather the one little problem that is afflicting this country, because in order to cure all of our woes it is necessary to scale down the big fortunes, that we may scatter the wealth to be shared by all of the people.

We have a marvelous love for this Government of ours; in fact, it is almost a religion, and it is well that it should be, because we have a splendid form of government and we have a splendid set of laws. We have everything here that we need, except that we have neglected the fundamentals upon which the American Government was principally predicated.

How may of you remember the first thing that the Declaration of Independence said? It said, "We hold these truths to be self-evident, that there are certain inalienable rights of the people, and among them are life, liberty, and the pursuit of happiness"; and it said, further, "We hold the view that all men are created equal."

Now, what did they mean by that? Did they mean, my friends, to say that all me were created equal and that that meant that any one man was born to inherit $10,000,000,000 and that another child was to be born to inherit nothing?

Did that mean, my friends, that someone would come into this world without having had an opportunity, of course, to have hit one lick of work, should be born with more than it and all of its children and children's children could ever dispose of, but that another one would have to be born into a life of starvation?

That was not the meaning of the Declaration of Independence when it said that all men are created equal of "That we hold that all men are created equal."

Now was it the meaning of the Declaration of Independence when it said that they held that there were certain rights that were inalienable -- the right of life, liberty, and the pursuit of happiness. Is that right of life, my friends, when the young children of this country are being reared into a sphere which is more owned by 12 men than it is by 120,000,000 people?

Is that, my friends, giving them a fair shake of the dice or anything like the inalienable right of life, liberty, and the pursuit of happiness, or anything resembling the fact that all people are created equal; when we have today in America thousands and hundreds of thousands and millions of children on the verge of starvation in a land that is overflowing with too much to eat and too much to wear? I do not think you will contend that, and I do not think for a moment that they will contend it.

Now let us see if we cannot return this Government to the Declaration of Independence and see if we are going to do anything regarding it. Why should we hesitate or why should we quibble or why should we quarrel with one another to find out what the difficulty is, when we know what the Lord told us what the difficulty is, and Moses wrote it out so a blind man could see it, then Jesus told us all about it, and it was later written in the Book of James, where everyone could read it?

I refer to the Scriptures, now, my friends, and give you what it says not for the purpose of convincing you of the wisdom of myself, not for the purpose ladies and gentlemen, of convincing you of the fact that I am quoting the Scripture means that I am to be more believed than someone else; but I quote you the Scripture, rather refer you to the Scripture, because whatever you see there you may rely upon will never be disproved so long as you or your children or anyone may live; and you may further depend upon the fact that not one historical fact that the Bible has ever contained has ever yet been disproved by any scientific discovery or by reason of anything that has been disclosed to man through his own individual mind or through the wisdom of the Lord which the Lord has allowed him to have.

But the Scripture says, ladies and gentlemen, that no country can survive, or for a country to survive it is necessary that we keep the wealth scattered among the people, that nothing should be held permanently by any one person, and that 50 years seems to be the year of jubilee in which all property would be scattered about and returned to the sources from which it originally came, and every seventh year debt should be remitted.

Those two things the Almighty said to be necessary -- I should say He knew to be necessary, or else He would not have so prescribed that the property would be kept among the general run of the people and that everyone would continue to share in it; so that no one man would get half of it and hand it down to a son, who takes half of what was left, and that son hand it down to another one, who would take half of what was left, until, like a snowball going downhill, all of the snow was off of the ground except what the snowball had.

I believe that was the judgment and the view and the law of the Lord, that we would have to distribute wealth every so often, in order that there could not be people starving to death in a land of plenty, as there is in America today. We have in American today more wealth, more goods, more food, more clothing, more houses than we have ever had. We have everything in abundance here. We have the farm problem, my friends, because we have too much cotton, because we have too much wheat, and have too much corn, and too much potatoes.

We have a home-loan problem because we have too many houses, and yet nobody can buy them and live in them.

We have trouble, my friends, in the country, because we have too much money owing, the greatest indebtedness that has ever been given to civilization, where it has been shown that we are incapable of distributing to the actual things that are here, because the people have not money enough to supply themselves with them, and because the greed of a few men is such that they think it is necessary that they own everything, and their pleasure consists in the starvation of the masses, and in their possessing things they cannot use, and their children cannot use, but who bask in the splendor of sunlight and wealth, casting darkness and despair and impressing it on everyone else.

"So, therefore," said the Lord, in effect, "if you see these things that now have occurred and exist in this and other countries, there must be a constant scattering of wealth in any country if this country is to survive."

"Then," said the Lord, in effect, "every seventh year there shall be a remission of debts; there will be no debts after 7 years." That was the law.

Now, let us take America today. We have in American today, ladies and gentlemen, $272,000,000,000 of debt. Two hundred and seventy-two thousand millions of dollars of debts are owed by the various people of this country today. Why, my friends, that cannot be paid. It is not possible for that kind of debt to be paid.

The entire currency of the United States is only $6,000,000,000. That is all of the money that we have got in America today. All the actual money you have got in all of your banks, all that you have got in the Government Treasury, is $6,000,000,000; and if you took all that money and paid it out today you would still owe $266,000,000,000; and if you took all that money and paid again you would still owe $260,000,000,000; and if you took it, my friends, 20 times and paid it you would still owe $150,000,000,000.

You would have to have 45 times the entire money supply of the United States today to pay the debts of the people of America, and then they would just have to start out from scratch, without a dime to go on with.

So, my friends, it is impossible to pay all of these debts, and you might as well find out that it cannot be done. The United States Supreme Court has definitely found out that it could not be done, because, in a Minnesota case, it held that when a State has postponed the evil day of collecting a debt it was a valid and constitutional exercise of legislative power.

Now, ladies and gentlemen, if I may proceed to give you some other words that I think you can understand -- I am not going to belabor you by quoting tonight -- I am going to tell you what the wise men of all ages and all times, down even to the present day, have all said: That you must keep the wealth of the country scattered, and you must limit the amount that any one man can own. You cannot let any man own $300,000,000,000 or $400,000,000,000. If you do, one man can own all of the wealth that they United States has in it.

Now, my friends, if you were off on an island where there were 100 lunches, you could not let one man eat up the hundred lunches, or take the hundred lunches and not let anybody else eat any of them. If you did, there would not be anything else for the balance of the people to consume.

So, we have in America today, my friends, a condition by which about 10 men dominate the means of activity in at least 85 percent of the activities that you own. They either own directly everything or they have got some kind of mortgage on it, with a very small percentage to be excepted. They own the banks, they own the steel mills, they own the railroads, they own the bonds, they own the mortgages, they own the stores, and they have chained the country from one end to the other, until there is not any kind of business that a small, independent man could go into today and make a living, and there is not any kind of business that an independent man can go into and make any money to buy an automobile with; and they have finally and gradually and steadily eliminated everybody from the fields in which there is a living to be made, and still they have got little enough sense to think they ought to be able to get more business out of it anyway.

If you reduce a man to the point where he is starving to death and bleeding and dying, how do you expect that man to get hold of any money to spend with you? It is not possible. Then, ladies and gentlemen, how do you expect people to live, when the wherewith cannot be had by the people?

In the beginning I quoted from the Scriptures. I hope you will understand that I am not quoting Scripture to convince you of my goodness personally, because that is a thing between me and my Maker, that is something as to how I stand with my Maker and as to how you stand with your Maker. That is not concerned with this issue, except and unless there are those of you who would be so good as to pray for the souls of some of us. But the Lord gave his law, and in the Book of James they said so, that the rich should weep and howl for the miseries that had come upon them; and, therefore, it was written that when the rich hold goods they could not use and could not consume, you will inflict punishment on them, and nothing but days of woe ahead of them.

Then we have heard of the great Greek philosopher, Socrates, and the greater Greek philosopher, Plato, and we have read the dialog between Plato and Socrates, in which one said that great riches brought on great poverty, and would be destructive of a country. Read what they said. Read what Plato said; that you must not let any one man be too poor, and you must not let any one man be too rich; that the same mill that grinds out the extra rich is the mill that will grind out the extra poor, because, in order that the extra rich can become so affluent, they must necessarily take more of what ordinarily would belong to the average man.

It is a very simple process of mathematics that you do not have to study, and that no one is going to discuss with you.

So that was the view of Socrates and Plato. That was the view of the English statesmen. That was the view of American statesmen. That was the view of American statesmen like Daniel Webster, Thomas Jefferson, Abraham Lincoln, William Jennings Bryan, and Theodore Roosevelt, and even as late as Herbert Hoover and Franklin D. Roosevelt.

Both of these men, Mr. Hoover and Mr. Roosevelt, came out and said there had to be a decentralization of wealth, but neither one of them did anything about it. But, nevertheless, they recognized the principle. The fact that neither one of them ever did anything about it is their own problem that I am not undertaking to criticize; but had Mr. Hoover carried out what he says ought to be done, he would be retiring from the President's office, very probably, 3 years from now, instead of 1 year ago; and had Mr. Roosevelt proceeded along the lines that he stated were necessary for the decentralization of wealth, he would have gone, my friends, a long way already, and within a few months he would have probably reached a solution of all of the problems that afflict this country.

But I wish to warn you now that nothing that has been done up to this date has taken one dime away from these big-fortune holders; they own just as much as they did, and probably a little bit more; they hold just as many of the debts of the common people as they ever held, and probably a little bit more; and unless we, my friends, are going to give the people of this country a fair shake of the dice, by which they will all get something out of the funds of this land, there is not a chance on the topside of this God's eternal earth by which we can rescue this country and rescue the people of this country.

It is necessary to save the Government of the country, but is much more necessary to save the people of America. We love this country. We love this Government. It is a religion, I say. It is a kind of religion people have read of when women, in the name of religion, would take their infant babes and throw them into the burning flame, where they would be instantly devoured by the all-consuming fire, in days gone by; and there probably are some people of the world even today, who, in the name of religion, throw their tear-dimmed eyes into the sad faces of their fathers and mothers, who cannot given them food and clothing they both needed, and which is necessary to sustain them, and that goes on day after day, and night after night, when day gets into darkness and blackness, knowing those children would arise in the morning without being fed, and probably to bed at night without being fed.

Yet in the name of our Government, and all alone, those people undertake and strive as hard as they can to keep a good government alive, and how long they can stand that no one knows. If I were in their place tonight, the place where millions are, I hope that I would have what I might say -- I cannot give you the word to express the kind of fortitude they have; that is the word -- I hope that I might have the fortitude to praise and honor my Government that had allowed me here in this land, where there is too much to eat and too much to wear, to starve in order that a handful of men can have so much more than they can ever eat or they can ever wear.

Now, we have organized a society, and we call it "Share Our Wealth Society," a society with the motto "every man a king."

Every man a king, so there would be no such thing as a man or woman who did not have the necessities of life, who would not be dependent upon the whims and caprices and ipsi dixit of the financial martyrs for a living. What do we propose by this society? We propose to limit the wealth of big men in the country. There is an average of $15,000 in wealth to every family in America. That is right here today.

We do not propose to divide it up equally. We do not propose a division of wealth, but we propose to limit poverty that we will allow to be inflicted upon any man's family. We will not say we are going to try to guarantee any equality, or $15,000 to families. No; but we do say that one third of the average is low enough for any one family to hold, that there should be a guaranty of a family wealth of around $5,000; enough for a home, and automobile, a radio, and the ordinary conveniences, and the opportunity to educate their children; a fair share of the income of this land thereafter to that family so there will be no such thing as merely the select to have those things, and so there will be no such thing as a family living in poverty and distress.

We have to limit fortunes. Our present plan is that we will allow no one man to own more than $50,000,000. We think that with that limit we will be able to carry out the balance of the program. It may be necessary that we limit it to less than $50,000,000. It may be necessary, in working out of the plans, that no man's fortune would be more than $10,000,000 or $15,000,000. But be that as it may, it will still be more than any one man, or any one man and his children and their children, will be able to spend in their lifetimes; and it is not necessary or reasonable to have wealth piled up beyond that point where we cannot prevent poverty among the masses.

Another thing we propose is old-age pension of $30 a month for everyone that is 60 years old. Now, we do not give this pension to a man making $1,000 a year, and we do not give it to him if he has $10,000 in property, but outside of that we do.

We will limit hours of work. There is not any necessity of having over-production. I think all you have got to do, ladies and gentlemen, is just limit the hours of work to such an extent as people will work only so long as is necessary to produce enough for all of the people to have what they need. Why, ladies and gentleman, let us say that all of these labor-saving devices reduce hours down to where you do not have to work but 4 hours a day; that is enough for these people, and then praise be the name of the Lord, if it gets that good. Let it be good and not a curse, and then we will have 5 hours a day and 5 days a week, or even less that that, and we might give a man a whole month off during a year, or give him 2 months; and we might do what other countries have seen fit to do, and what I did in Louisiana, by having schools by which adults could go back and learn the things that have been discovered since they went to school.

We will not have any trouble taking care of the agricultural situation. All you have to do is balance your production with your consumption. You simply have to abandon a particular crop that you have too much of, and all you have to do is store the surplus for the next year, and the Government will take it over. When you have good crops in the area in which the crops that have been planted are sufficient for another year, put in your public works in the particular year when you do not need to raise any more, and by that means you get everybody employed. When the Government has enough of any particular crop to take care of all of the people, that will be all that is necessary; and in order to do all of this, our taxation is going to be to take the billion-dollar fortunes and strip them down to frying size, not to exceed $50,000,000, and it is necessary to come to $10,000,000, we will come to $10,000,000. We have worked the proposition out to guarantee a limit upon property (and no man will own less than one third the average), and guarantee a reduction of fortunes and a reduction of hours to spread wealth throughout this country. We would care for the old people above 60 and take them away from this thriving industry and given them a chance to enjoy the necessities and live in ease, and thereby lift from the market the labor which would probably create a surplus of commodities.

Those are the things we propose to do. "Every man a king." Every man to eat when there is something to eat; all to wear something when there is something to wear. That makes us all sovereign.

You cannot solve these things through these various and sundry alphabetical codes. You can have the N.R.A. and P.W.A. and C.W.A. and the U.U.G. and G.I.N. and any other kind of "dadgummed" lettered code. You can wait until doomsday and see 25 more alphabets, but that is not going to solve this proposition. Why hide? Why quibble? You know what the trouble is. The man that says he does not know what the trouble is is just hiding his face to keep from seeing the sunlight.

God told you what the trouble was. The philosophers told you what the trouble was; and when you have a country where one man owns more than 100,000 people, or a million people, and when you have a country where there are four men, as in America, that have got more control over things than all the 120,000,000 people together, you know what the trouble is.

We had these great incomes in this country; but the farmer, who plowed from sunup to sundown, who labored here from sunup to sundown for 6 days a week, wound up at the end of the with practically nothing.

And we ought to take care of the veterans of the wars in this program. That is a small matter. Suppose it does cost a billion dollars a year -- that means that the money will be scattered throughout this country. We ought to pay them a bonus. We can do it. We ought to take care of every single one of the sick and disabled veterans. I do not care whether a man got sick on the battlefield or did not; every man that wore the uniform of this country is entitled to be taken care of, and there is money enough to do it; and we need to spread the wealth of the country, which you did not do in what you call the N.R.A.

If the N.R.A. has done any good, I can put it all in my eye without having it hurt. All I can see that N.R.A. has done is to put the little man out of business -- the little merchant in his store, the little Dago that is running a fruit stand, or the Greek shoe-shining stand, who has to take hold of a code of 275 pages and study with a spirit level and compass and looking-glass; he has to hire a Philadelphia lawyer to tell him what is in the code; and by the time he learns what the code is, he is in jail or out of business; and they have got a chain code system that has already put him out of business. The N.R.A. is not worth anything, and I said so when they put it through.

Now, my friends, we have got to hit the root with the axe. Centralized power in the hands of a few, with centralized credit in the hands of a few, is the trouble.

Get together in your community tonight or tomorrow and organize one of our Share Our Wealth societies. If you do not understand it, write me and let me send you the platform; let me give you the proof of it.

This is Huey P. Long talking, United States Senator, Washington, D.C. Write me and let me send you the data on this proposition. Enroll with us. Let us make known to the people what we are going to do. I will send you a button, if I have got enough of them left. We have got a little button that some of our friends designed, with our message around the rim of the button, and in the center "Every man a king." Many thousands of them are meeting through the United States, and every day we are getting hundreds and hundreds of letters. Share Our Wealth societies are now being organized, and people have it within their power to relieve themselves from this terrible situation.

Look at what the Mayo brothers announced this week, these greatest scientists of all the world today, who are entitled to have more money than all the Morgans and the Rockefellers, or anyone else, and yet the Mayos turn back their big fortunes to be used for treating the sick, and said they did not want to lay up fortunes in this earth, but wanted to turn them back where they would do some good; but the other big capitalists are not willing to do that, are not willing to do what these men, 10 times more worthy, have already done, and it is going to take a law to require them to do it.

Organize your Share Our Wealth Society and get your people to meet with you, and make known your wishes to your Senators and Representatives in Congress.

Now, my friends, I am going to stop. I thank you for this opportunity to talk to you. I am having to talk under the auspices and by the grace and permission of the National Broadcasting System tonight, and they are letting me talk free. If I had the money, and I wish I had the money, I would like to talk to you more often on this line, but I have not got it, and I cannot expect these people to give it to me free except on some rare instance. But, my friends, I hope to have the opportunity to talk with you, and I am writing to you, and I hope that you will get up and help in the work, because the resolution and bills are before Congress, and we hope to have your help in getting together and organizing your Share Our Wealth society.

Now, that I have but a minute left, I want to say that I suppose my family is listening in on the radio in New Orleans, and I will say to my wife and three children that I am entirely well and hope to be home before many more days, and I hope they have listened to my speech tonight, and I wish them and all their neighbors and friends everything good that may be had.

I thank you, my friends, for your kind attention, and I hope you will enroll with us, take care of your own work in the work of this Government, and share or help in our Share Our Wealth society.

 

THE CONGRESSIONAL RECORD -- February 5, 1934

 

Mr. Long: Mr. President, I send to the desk and ask to have printed in the RECORD not a speech but what is more in the nature of an appeal to the people of America.

There being no objection, the paper entitled "Carry Out the Command of the Lord" was ordered to be printed in the RECORD, as follows:

By Huey P. Long, United States Senator
 

  People of America: In every community get together at once and organize a share-our-wealth society--Motto: Every man a king

Principles and platform:

   1. To limit poverty by providing that every deserving family shall share in the wealth of America for not less than one third of the average wealth, thereby to possess not less than $5,000 free of debt.
 

   2. To limit fortunes to such a few million dollars as will allow the balance of the American people to share in the wealth and profits of the land.
 

   3. Old-age pensions of $30 per month to persons over 60 years of age who do not earn as much as $1,000 per year or who possess less than $10,000 in cash or property, thereby to remove from the field of labor in times of unemployment those who have contributed their share to the public service.
 

   4. To limit the hours of work to such an extent as to prevent overproduction and to give the workers of America some share in the recreations, conveniences, and luxuries of life.
 

   5. To balance agricultural production with what can be sold and consumed according to the laws of God, which have never failed.
 

   6. To care for the veterans of our wars.
 

   7. Taxation to run the Government to be supported, first, by reducing big fortunes from the top, thereby to improve the country and provide employment in public works whenever agricultural surplus is such as to render unnecessary, in whole or in part, any particular crop.

Simple and Concrete--Not an Experiment

 

To share our wealth by providing for every deserving family to have one third of the average wealth would mean that, at the worst, such a family could have a fairly comfortable home, an automobile, and a radio, with other reasonable home conveniences, and a place to educate their children. Through sharing the work, that is, by limiting the hours of toil so that all would share in what is made and produced in the land, every family would have enough coming in every year to feed, clothe, and provide a fair share of the luxuries of life to its members. Such is the result to a family, at the worst.
 

 From the worst to the best there would be no limit to opportunity. One might become a millionaire or more. There would be a chance for talent to make a man big, because enough would be floating in the land to give brains its chance to be used. As it is, no matter how smart a man may be, everything is tied up in so few hands that no amount of energy or talent has a chance to gain any of it.
 

 Would it break up big concerns? No. It would simply mean that, instead of one man getting all the one concern made, that there might be 1,000 or 10,000 persons sharing in such excess fortune, any one of whom, or all of whom, might be millionaires and over.
 

 I ask somebody in every city, town, village, and farm community of America to take this as my personal request to call a meeting of as many neighbors and friends as will come to it to start a share-our-wealth society. Elect a president and a secretary and charge no dues. The meeting can be held at a courthouse, in some town hall or public building, or in the home of someone.
 

 It does not matter how many will come to the first meeting. Get a society organized, if it has only two members. Then let us get to work quick, quick, quick to put an end by law to people starving and going naked in this land of too much to eat and too much to wear. The case is all with us. It is the word and work of the Lord. The Gideons had but two men when they organized. Three tailors of Tooley Street drew the Magna Carta of England. The Lord says: "For where two or three are gathered together in My name, there am I in the midst of them."

We propose to help our people into the place where the Lord said was their rightful own and no more.

We have waited long enough for these financial masters to do these things. They have promised and promised. Now we find our country $10 billion further in debt on account of the depression, and big lenders even propose to get 90 percent of that out of the hides of the common people in the form of a sales tax.
 

 There is nothing wrong with the United States. We have more food than we can eat. We have more clothes and things out of which to make clothes than we can wear. We have more houses and lands than the whole 120 million can use if they all had good homes. So what is the trouble? Nothing except that a handful of men have everything and the balance of the people have nothing if their debts were paid. There should be every man a king in this land flowing with milk and honey instead of the lords of finance at the top and slaves and peasants at the bottom.

Now be prepared for the slurs and snickers of some high-ups when you start your local spread-our-wealth society. Also when you call your meeting be on your guard for some smart-aleck tool of the interests to come in and ask questions. Refer such to me for an answer to any question, and I will send you a copy. Spend your time getting the people to work to save their children and to save their homes, or to get a home for those who have already lost their own.
 

 To explain the title, motto, and principles of such a society I give the full information, viz:
 

 Title: Share-our-wealth society is simply to mean that God's creatures on this lovely American continent have a right to share in the wealth they have created in this country. They have the right to a living, with the conveniences and some of the luxuries of this life, so long as there are too many or enough for all. They have a right to raise their children in a healthy, wholesome atmosphere and to educate them, rather than to face the dread of their under-nourishment and sadness by being denied a real life.
 

 Motto: "Every man a king" conveys the great plan of God and of the Declaration of Independence, which said: "All men are created equal." It conveys that no one man is the lord of another, but that from the head to the foot of every man is carried his sovereignty.

Now to cover the principles of the share-our-wealth society, I give them in order:

 

1. To limit poverty:

We propose that a deserving family shall share in our wealth of America at least for one third the average. An average family is slightly less than five persons. The number has become less during depression. The United States total wealth in normal times is about $400 billion or about $15,000 to a family. If there were fair distribution of our things in America, our national wealth would be three or four or five times the $400 billion, because a free, circulating wealth is worth many times more than wealth congested and frozen into a few hands as is America's wealth. But, figuring only on the basis of wealth as valued when frozen into a few hands, there is the average of $15,000 to the family. We say that we will limit poverty of the deserving people. One third of the average wealth to the family, or $5,000, is a fair limit to the depths we will allow any one man's family to fall. None too poor, none too rich.

 

2. To limit fortunes:

The wealth of this land is tied up in a few hands. It makes no difference how many years the laborer has worked, nor does it make any difference how many dreary rows the farmer has plowed, the wealth he has created is in the hands of manipulators. They have not worked any more than many other people who have nothing. Now we do not propose to hurt these very rich persons. We simply say that when they reach the place of millionaires they have everything they can use and they ought to let somebody else have something. As it is, 0.1 of 1 percent of the bank depositors nearly half of the money in the banks, leaving 99.9 of bank depositors owning the balance. Then two thirds of the people do not even have a bank account. The lowest estimate is that 4 percent of the people own 85 percent of our wealth. The people cannot ever come to light unless we share our wealth, hence the society to do it.

 

3. Old-age pensions:

Everyone has begun to realize something must be done for our old people who work out their lives, feed and clothe children and are left penniless in their declining years. They should be made to look forward to their mature years for comfort rather than fear. We propose that, at the age of 60, every person should begin to draw a pension from our Government of $30 per month, unless the person of 60 or over has an income of over $1,000 per year or is worth $10,000, which is two thirds of the average wealth in America, even figured on a basis of it being frozen into a few hands. Such a pension would retire from labor those persons who keep the rising generations from finding employment.

 

4. To limit the hours of work:

This applies to all industry. The longer hours the human family can rest from work, the more it can consume. It makes no difference how many labor-saving devices we may invent, just as long as we keep cutting down the hours and sharing what those machines produce, the better we become. Machines can never produce too much if everybody is allowed his share, and if it ever got to the point that the human family could work only 15 hours per week and still produce enough for everybody, then praised be the name of the Lord. Heaven would be coming nearer to earth. All of us could return to school a few months every year to learn some things they have found out since we were there: All could be gentlemen: Every man a king.

 

5. To balance agricultural production with consumption:

About the easiest of all things to do when financial masters and market manipulators step aside and let work the law of the Lord. When we have a supply of anything that is more than we can use for a year or two, just stop planting that particular crop for a year either in all the country or in a part of it. Let the Government take over and store the surplus for the next year. If there is not something else for the farmers to plant or some other work for them to do to live on for the year when the crop is banned, then let that be the year for the public works to be done in the section where the farmers need work. There is plenty of it to do and taxes of the big fortunes at the top will supply plenty of money without hurting anybody. In time we would have the people not struggling to raise so much when all were well fed and clothed. Distribution of wealth almost solves the whole problem without further trouble.

 

6. To care for the veterans of our wars:

A restoration of all rights taken from them by recent laws and further, a complete care of any disabled veteran for any ailment, who has no means of support.

 

7. Taxation:

Taxation is to be levied first at the top for the Governments support and expenses. Swollen fortunes should be reduced principally through taxation. The Government should be run through revenues it derives after allowing persons to become well above millionaires and no more. In this manner the fortunes will be kept down to reasonable size and at the same time all the works of the Government kept on a sound basis, without debts.

Things cannot continue as they now are. America must take one of three choices, viz:
 

 1. A monarchy ruled by financial masters--a modern feudalism.

 2. Communism.

 3. Sharing of the wealth and income of the land among all the people by limiting the hours of toil and limiting the size of fortunes.

The Lord prescribed the last form. It would preserve all our gains, share them among our population, guarantee a greater country and a happy people.
 

 The need for such share-our-wealth society is to spread the truth among the people and to convey their sentiment to their Members of Congress.

Whenever such a local society has been organized, please send me notice of the same, so that I may send statistics and data which such local society can give out in their community, either through word of mouth in meetings, by circulars, or, when possible, in local newspapers.
 

 Please understand that the Wall Street controlled public press will give you as little mention as possible and will condemn and ridicule your efforts. Such makes necessary the organizations to share the wealth of this land among the people, which the financial masters are determined they will not allow to be done. Where possible, I hope those organizing a society in one community will get in touch with their friends in other communities and get them to organize societies in them. Anyone can have copies of this article reprinted in circular form to distribute wherever they may desire, or, if they want me to have them printed for them, I can do so and mail them to any address for 60 cents per hundred or $4 per thousand copies.
 

 I introduced in Congress and supported other measures to bring about the sharing of our wealth when I first reached the United States Senate in January 1932. The main efforts to that effect polled about six votes in the Senate at first. Last spring my plan polled the votes of nearly twenty United States Senators, becoming dangerous in proportions to the financial lords. Since then I have been abused in the newspapers and over the radio for everything under the sun. Now that I am pressing this program, the lies and abuse in the big newspapers and over the radio are a matter of daily occurrence. It will all become greater with this effort. Expect that. Meantime go ahead with the work to organize a share-our-wealth society.

Sincerely,

Huey P. Long,

United States Senator.

 

Huey Long -- 1935 Senate Speech and Radio Address
THE CONGRESSIONAL RECORD __ January 14, 1935

Every Man A King

MR. LONG. Mr. President, I send to the desk a radio address and a letter by myself which I ask to have inserted in the RECORD.
There being no objection, the address and the letter were ordered to be printed in the RECORD, as follows:
Ladies and gentlemen, there is a verse which says that the
"Saddest words of tongue or pen Are these: 'It might have been.' "
I must tell you good people of our beloved United States that the saddest words I have to say are:
"I told you so!"
In January 1932 I stood on the floor of the United States Senate and told what would happen in 1933. It all came to pass.
In March 1933, a few days after Mr. Roosevelt had become President and had made a few of his moves, I said what to expect in 1934. That came to pass.
As the Congress met in the early months of 1934 and I had a chance to see the course of events for that year, I again gave my belief on what would happen by the time we met again this January 1935. I am grieved to say to you that this week I had to say on the floor of the United States Senate, "I told you so!"
How I wish tonight that I might say to you that all my fears and beliefs of last year proved untrue! But here are the facts__
1. We have 1 million more men out of work now than 1 year ago.
2. We have had to put 5 million more families on the dole than we had there a year ago.
3. The newspapers report from the Government statistics that this past year we had an increase in the money made by the big men, but a decrease in the money made by the people of average and small means. In other words, still "the rich getting richer and the poor getting poorer."
4. The United States Government's Federal Deposit Insurance Corporation reports that it has investigated to see who owns the money in the banks, and they wind up by showing that two_thirds of 1 percent of the people own 67 percent of all the money in the banks, showing again that the average man and the poor man have less than ever of what we have left in this country and that the big man has more of it.
So, without going into more figures, the situation finally presents to us once more the fact that a million more people are out of work: 5 million more are on the dole, and that many more are crying to get on it; the rich earn more, the common people earn less; more and more the rich get hold of what there is in the country, and, in general, America travels on toward its route to__.
Now, what is there to comfort us on this situation? In other words, is there a silver lining? Let's see if there is. I read the following newspaper clipping on what our President of the United States is supposed to think about it. It reads as follows:
(From the New Orleans Morning Tribune, Dec. 18, 1934)
PRESIDENT FORBIDS MORE TAXES ON RICH__TELLS CONGRESSMEN
INCREASES MIGHT MAKE BUSINESS STAMPEDE
By the United Press
WASHINGTON, December 17.__The administration is determined to prevent any considerable increase in taxes on the very rich, many of whom pay no taxes at all, on the ground that such a plan would cause another "stampede" by business. Word has been sent up to Democratic congressional leaders that it is essential nothing be done to injure confidence. The less said about distribution of wealth, limitation of earned income, and taxes on capital, "new dealers" feel, the better.
Repeatedly since the Democrats won a two_thirds majority in both Houses in the congressional elections last month the administration has sought to assure the worker, the taxpayer, and the manufacturer that they had nothing to fear.
Meantime reports reached the Capital that fear of potential increases in inheritance taxes and gift levies at the coming Congress was in part responsible for the failure of private capital to take up a greater share of the recovery burden.
That ends the news article on what President Roosevelt has had to say.
President Roosevelt was elected on November 8, 1932. People look upon an elected President as the President. This is January 1935. We are in our third year of the Roosevelt depression, with the conditions growing worse. That says nothing about the state of our national finances. I do not even bring that in for important mention, except to give the figures:
Our national debt of today has risen to $28.5 billion. When the World War ended we shuddered in our boots because the national debt had climbed to $26 billion. But we consoled ourselves by saying that the foreign countries owed us $11 billion and that in reality the United States national debt was only $15 billion. But say that it was all of the $26 billion today. Without a war our national debt under Mr. Roosevelt has climbed up to $28.5 billion, or more than we owed when the World War ended by 2 1/2 billions of dollars. And in the Budget message of the President he admits that next year the public debt of the United States will go up to $34 billion, or 5 1/2 billion dollars more than we now owe.
Now this big debt would not be so bad if we had something to show for it. If we had ended this depression once and for all we could say that it is worth it all, but at the end of this rainbow of the greatest national debt in all history that must get bigger and bigger, what do we find?
One million more unemployed; S million more families on the dole, and another 5 million trying to get there; the fortunes of the rich becoming bigger and the fortunes of the average and little men getting less and less; the money in the banks nearly all owned by a mere handful of people, and the President of the United States quoted as saying: "Don't touch the rich!"
I begged, I pleaded, and did everything else under the sun for over 2 years to try to get Mr. Roosevelt to keep his word that he gave to us; I hoped against hope that sooner or later he would see the light and come back to his promises on which he was made President. I warned what would happen last year and for this year if he did not keep these promises made to the people.
But going into this third year of Roosevelt's administration, I can hope for nothing further from the Roosevelt policies. And I call back to mind that whatever we have been able to do to try to hold the situation together during the past three years has been forced down the throat of the national administration. I held the floor in the Senate for days until they allowed the bank laws to be amended that permitted the banks in the small cities and towns to reopen. The bank deposit guaranty law and the Frazier_Lemke farm debt moratorium law had to be passed in spite of the Roosevelt administration. I helped to pass them both.
All the time we have pointed to the rising cloud of debt, the increases in unemployment, the gradual slipping away of what money the middle man and the poor man have into the hands of the big masters, all the time we have prayed and shouted, begged and pleaded, and now we hear the message once again from Roosevelt that he cannot touch the big fortunes.
Hope for more through Roosevelt? He has promised and promised, smiled and bowed; he has read fine speeches and told anyone in need to get in touch with him. What has it meant?
We must now become awakened! We must know the truth and speak the truth. There is no use to wait 3 more years. It is not Roosevelt or ruin; it is Roosevelt's ruin.
Now, my friends, it makes no difference who is President or who is Senator. America is for 125 million people and the unborn to come. We ran Mr. Roosevelt for the Presidency of the United States because he promised to us by word of mouth and in writing:
1. That the size of the big man's fortune would be reduced so as to give the masses at the bottom enough to wipe out all poverty; and
2. That the hours of labor would be so reduced that all would share in the work to be done and in consuming the abundance mankind produced.
Hundreds of words were used by Mr. Roosevelt to make these promises to the people, but they were made over and over again. He reiterated these pledges even after he took his oath as President. Summed up, what these promises meant was: "Share our wealth."
When I saw him spending all his time of ease and recreation with the business partners of Mr. John D. Rockefeller, Jr., with such men as the Astors, etc., maybe I ought to have had better sense than to have believed he would ever break down their big fortunes to give enough to the masses to end poverty__maybe some will think me weak for ever believing it all, but millions of other people were fooled the same as myself. I was like a drowning man grabbing at a straw, I guess. The face and eyes, the hungry forms of mothers and children, the aching hearts of students denied education were before our eyes, and when Roosevelt promised, we jumped for that ray of hope.
So therefore I call upon the men and women of America to immediately join in our work and movement to share our wealth.
There are thousands of share_our_wealth societies organized in the United States now. We want a hundred thousand such societies formed for every nook and corner of this country__societies that will meet, talk, and work, all for the purpose that the great wealth and abundance of this great land that belongs to us may be shared and enjoyed by all of us.
We have nothing more for which we should ask the Lord. He has allowed this land to have too much of everything that humanity needs.
So in this land of God's abundance we propose laws, viz:
1. The fortunes of the multimillionaires and billionaires shall be reduced so that no one person shall own more than a few million dollars to the person. We would do this by a capital levy tax. On the first million that a man was worth we would not impose any tax. We would say, "All right for your first million dollars, but after you get that rich you will have to start helping the balance of us." So we would not levy any capital levy tax on the first million one owned. But on the second million a man owns we would tax that 1 percent, so that every year the man owned the second million dollars he would be taxed $10,000. On the third million we would impose a tax of 2 percent. On the fourth million we would impose a tax of 4 percent. On the fifth million we would impose a tax of 8 percent. On the sixth million we would impose a tax of 16 percent. On the seventh million we would impose a tax of 32 percent. On the eighth million we would impose a tax of 64 percent; and on all over the eighth million we would impose a tax of 100 percent. What this would mean is that the annual tax would bring the biggest fortune down to three or four million dollars to the person because no one could pay taxes very long in the higher brackets. But $3 to 4 million is enough for any one person and his children and his children's children. We cannot allow one to have more than that because it would not leave enough for the balance to have something.
2. We propose to limit the amount any one man can earn in 1 year or inherit to $1 million to the person.
3. Now, by limiting the size of the fortunes and incomes of the big men we will throw into the Government Treasury the money and property from which we will care for the millions of people who have nothing; and with this money we will provide a home and the comforts of home, with such common conveniences as radio and automobile, for every family in America, free of debt.
4. We guarantee food and clothing and employment for everyone who should work by shortening the hours of labor to thirty hours per week, maybe less, and to eleven months per year, maybe less. We would have the hours shortened just so much as would give work to everybody to produce enough for everybody; and if we were to get them down to where they were too short, then we would lengthen them again. As long as all the people working can produce enough of automobiles, radios, homes, schools, and theaters for everyone to have that kind of comfort and convenience, then let us all have work to do and have that much of heaven on earth.
5. We would provide education at the expense of the States and the United States for every child, not only through grammar school and high school but through to a college and vocational education. We would simply extend the Louisiana plan to apply to colleges and all people. Yes; we would have to build thousands of more colleges and employ a hundred thousand more teachers; but we have materials, men, and women who are ready and available for the work. Why have the right to a college education depend upon whether the father or mother is so well to do as to send a boy or girl to college? We would give every child the right to education and a living at birth.
6. We would give a pension to all persons above 60 years of age in an amount sufficient to support them in comfortable circumstances, excepting those who earn $1,000 per year or who are worth $10,000.
7. Until we could straighten things out__and we can straighten things out in two months under our program__we would grant a moratorium on all debts which people owe that they cannot pay.
And now you have our program, none too big, none too little, but every man a king.
We owe debts in America today, public and private, amounting to $252 billion. That means that every child is born with a $2,000 debt tied around his neck to hold him down before he gets started. Then, on top of that, the wealth is locked in a vice owned by a few people. We propose that children shall be born in a land of opportunity, guaranteed a home, food, clothes, and the other things that make for living, including the right to education.
Our plan would injure no one. It would not stop us from having millionaires__it would increase them tenfold, because so many more people could make a million dollars if they had the chance our plan gives them. Our plan would not break up big concerns. The only difference would be that maybe 10,000 people would own a concern instead of 10 people owning it.
But my friends, unless we do share our wealth, unless we limit the size of the big man so as to give something to the little man, we can never have a happy or free people. God said so! He ordered it.
We have everything our people need. Too much of food, clothes, and houses why not let all have their fill and lie down in the ease and comfort God has given us? Why not? Because a few own everything__the masses own nothing.
I wonder if any of you people who are listening to me were ever at a barbecue! We used to go there__sometimes a thousand people or more. If there were 1,000 people we would put enough meat and bread and everything else on the table for 1,000 people. Then everybody would be called and everyone would eat all they wanted. But suppose at one of these barbecues for 1,000 people that one man took 90 percent of the food and ran off with it and ate until he got sick and let the balance rot. Then 999 people would have only enough for 100 to eat and there would be many to starve because of the greed of just one person for something he couldn't eat himself.
Well, ladies and gentlemen, America, all the people of America, have been invited to a barbecue. God invited us all to come and eat and drink all we wanted. He smiled on our land and we grew crops of plenty to eat and wear. He showed us in the earth the iron and other things to make everything we wanted. He unfolded to us the secrets of science so that our work might be easy. God called: "Come to my feast."
Then what happened? Rockefeller, Morgan, and their crowd stepped up and took enough for 120 million people and left only enough for 5 million for all the other 125 million to eat. And so many millions must go hungry and without these good things God gave us unless we call on them to put some of it back.
I call on you to organize share_our_wealth societies. Write to me in Washington if you will help.
Let us dry the eyes of those who suffer; let us lift the hearts of the sad. There is plenty. There is more. Why should we not secure laws to do justice__laws that were promised to us__never should we have quibbled over the soldiers' bonus. We need that money circulating among our people. That is why I offered the amendment to pay it last year. I will do so again this year.

Why weep or slumber, America?
Land of brave and true,
With castles, clothing, and food for all
All belongs to you.
Ev'ry man a king, ev'ry man a king,
For you can be a millionaire;
But there's something belonging to others,
There's enough for all people to share.
When it's sunny June and December, too,
Or in the wintertime or spring,
There'll be peace without end,
Ev'ry neighbor a friend,
With ev'ry man a king.
United States Senate,
Washington, D. C.