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But suppose a single submarine to be guarding a harbor, unaided by other fighting craft. A twenty-or twenty-two knot battleship is discovered, trying to make the harbor. Even if the battleship steams away the submarine should be capable of following. The engines of the 'Dodger, in favorable weather, can drive her at twenty-six knots on the surface."
If, now, we ask our Radicals how they envisage the problem of competition with such a country, which in one generation will be twenty-or thirty-fold as rich as we are, they will blurt out a few sentences in which we shall catch the word "Soviet system," "surplus value," "world revolution." But in truth the question will never occur to them it is not ventilated at public meetings.
They controlled all three of the big insurance companies, with their resources of four or five hundred million dollars; one of them controlled a great transcontinental railroad system, which alone kept a twenty-or thirty-million dollar "surplus" for stock-gambling purposes.
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