"If demands coming under the first of these principles were interpreted objectively, something very much resembling Marxian communism would result. Here are some of them: abolition of all income not earned by work; workers to share the profits of the large industries; abolition of land rent, and enactment of a law under which land might be confiscated without compensation for purposes of common interests; socialization of all incorporated business organizations."
January 1, 1970