Under the old philosophy which had governed the high Middle Ages things had been everywhere towards a condition of Society in which property was well distributed throughout the community, and thus the family rendered independent.

Capitalism had arisen through the misuse and exaggeration of certain rights, notably the right of property - the basis of economic freedom - and the right of contract, which is one of the main functions of economic freedom. Therefore, even under Capitalism, so long as the old principles were remembered it was possible to recall the principles whereby Society had once been sane and well ordered.

The smaller man approaching our modern banking system, which controls all issue of credit and therefore pretty well all our industrial and commercial activities, is not what the controllers of that credit call "interesting." He borrows with difficulty and upon high terms, and must pledge security out of all proportion to that which his richer rival has to put down.

Loss and possession, death and life are one, There falls no shadow where there shines no sun.

Physicians of the utmost fame, Were called at once; but when they came They answered, as they took their fees, 'There is no Cure for this Disease.'

Let us then repeat and firmly fix this main point: the evil, the root evil, of that to which the term Capitalism has come to be applied, is neither its functioning for profit nor its dependence upon legally protected private property; but the presence of a Proletariat, that is of men possessing political freedom, but dispossessed of economic freedom, and existing in such large numbers in any community as to determine the tone of all that community.

For no one, in our long decline,So dusty, spiteful and divided,Had quite such pleasant friends as mine,Or loved them half as much as I did. [stanza 3]The library was most inviting:The books upon the crowded shelvesWere mainly of our private writing:We kept a school and taught ourselves. [stanza 15]From quiet homes and first beginning,Out to the undiscovered ends,Theres nothing worth the wear of winning,But laughter and the love of friends. [stanza 22]You do retain the song we set,And how it rises, trips and scans?You keep the sacred memory yet,Republicans? Republicans?[stanza 36]