THE FUTURE OF THE UNITED STATES.

Waimate Daily Advertiser, Volume III, Issue 175, 13 July 1901, Page 4

THE FUTURE OF THE UNITED STATES.

Another millionaire is in London just now writes Mr H. W. Lucy, in thC Sy ney H r 1 * m pu s it of purchase of the undergiound railways, wnioh he proposes to revolntioohe by substituting e lectricity for steam as the motive power* Asked by a prominent party to the proposed “deal’-' why he, having a large capita 1 , did n t find in the Un States a field for its investment, he said his object in placing it in London was to secure it for his heirs. A close student of politics oh tie oih r tide o! the Atlantic, woi king for many years in tl e maelstrom of its affairs, he sees a bad fime coming for capitalists. Should Mi Bryant be elected to the Presidency, in bis view a by no means improbable ccntingeacy, social! m will with a great wave submerge the United States Something equivalent to the Commune Will be installed as the governing power* one of Its first principles being the equal division of p operty. This seems a wild | dream. It possesses and is being acted ttpon l-y one of the shrewdest men in the United States, the creator of a vas 1 . j personal fortune. It would be interesting to know what is Mr Carnegie’s view of the matter* He is certainly taking the •best possible means to anticipate forcible dividohof hia saving*.