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Marx simply pointed to history and showed briefly that just as the small industry necessarily produced the conditions of its own downfall, by its own development, that is to say by the expropriation of the small holders of private property so now the capitalistic method of production has itself developed likewise the material circumstances which must cause its downfall.
If the Roman legists had seen this analogy, they undoubtedly would have hesitated less over the question of expropriation for the sake of public utility. Such, then, is the sanction of the social right of expropriation: indemnity. Now, practically, not only is the principle of indemnity not applied in all cases where it ought to be, but it is impossible that it should be so applied.
But what is the use of an expropriation, which only means one thing, if a division to all is to follow it? Would it not be simpler as the inauguration of Anarchist Communism, to do away with the guarantee of property at once, and then to watch quietly and see how individuals deprived each other of their possessions?
Let us suppose that in a certain country a limited form of expropriation is effected.
The British Resident will receive from the Government of the Transvaal State such assistance and support as can by law be given to him for the due discharge of his functions; he will also receive every assistance for the proper care and preservation of the graves of such of Her Majesty's forces as have died in the Transvaal, and if need be for the expropriation of land for the purpose.
And what advantages are promised by this law as an offset to this sword of Damocles, suspended by a single hair over the head of the unfortunate husbandman? The expenses of seizure will be much less, it is said; but will the interest on the borrowed capital be less exorbitant? For, after all, it is interest which impoverishes the peasant and leads to his expropriation.
Thus we shall merely indicate the manner by which expropriation might be accomplished without the intervention of Government. We do not propose to go out of our way to answer those who declare that the thing is impossible. We confine ourselves to replying that we are not the upholders of any particular method of organization.
Your Commission have been informed that the Company have proposed to adopt the dividends of the three years 1895, 1896, and 1897 as a basis for the expropriation price, and your Commission can agree to such proposal. The expropriation price being thus fixed, the Company will have all the more reason to co-operate towards the lowering of the tariffs.
The Natives may in some places have to leave the land where their ancestors are buried, and the whites will, in many places, have to accept the price of expropriation for land and houses hallowed and made precious by effort and memories, but the great general gain at the end will undoubtedly be worth all that must be surrendered now.
From Baghdád, moreover, where the sacred habitation of Bahá’u’lláh has been violated by a relentless enemy and converted into a rallying center for the corrupt, the perverse, and the fanatical, there comes the news, highly reassuring to us all, of the satisfactory progress of the negotiations which, we are informed on high authority, will soon lead to the expropriation of the property by the State, culminating in the fullness of time in its occupation by the triumphant followers of God’s holy Faith.
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