THE CONQUEST OF BREAD by P. Kropotkin CHAPTER IV Expropriation I It is told of Rothschild that, seeing his fortune threatened by the Revolution of 1848, he hit upon the following stratagem: "I am quite willing to admit," said he, "that my fortune has been accumulated at the expense of others, but if it were divided to-morrow among the millions of Europe, the share of each would only amount to five shillings. Very well, then, I undertake to render to each his five shillings if he asks me for it." Having given due publicity to his promise, our millionaire proceeded as usual to stroll quietly through the streets of Frankfort. Three or four passersby asked for their five shillings, which he disbursed with a sardonic smile. His stratagem succeeded, and the family of the millionaire is still in possession of its wealth. It is in much the same fashio...
The important question as to the amount of British capital invested in the colonies and in other countries has only quite lately received due attention. For the last ten years or so one could find in the "Reports of the Commissioner of Inland Revenue" a mention of the revenue derived from British capital invested in foreign loans to States and Municipalities and in railway companies; but these returns were still incomplete. Consequently, Mr. George Paish made in 1909 and 1911 an attempt at determining these figures with more accuracy in two papers which he read before the Statistical Society.1 Mr. Paish based his researches on the Income Tax, completing, these data by special researches about private investments, which do not appear in the Income Tax returns. He has not yet got to the end of his investigation; but, all taken, he estimates that the yearly income received by this country from abroad from different sources reaches &poun...