Mildly Interesting

The 9,2400,000 Unemployed in

The United States of America

Demand The Immediate Creation of

More Millionaires

ARE THE RICH A MENACE?

Some people think they are, so lets look at the record.

Suppose you inherit, win or otherwise acquire a million dollars net after taxes. That would make you rich, wouldn't it? Now what's the first thing you'd do? Invest it, wouldn't you?---in stocks, bonds or in a savings bank.

So, what does that mean? It means that you have furnished the capital required to put 30 people to work.

How is that? National statistics show that for every person graduating from school or college, at least thirty thousand dollars of capital must be found for bricks, fixtures, machinery, inventory, etc. to pu each one to work.

Now, on your million dollar investments you will receive an income of sixty thoughts, eighty thousand, or more dollars a year. This you will spend for food, clothing, shelter, taxes, education, entertainment and other expenses. And this will help support people like policemen, firemen, store clerks, factory workers, doctors, teachers, and others. even congressmen.

So, in other words, Mr. Rich Man, you would be supporting (wholly or partially) perhaps more than 100 people.

Now how about that? Are you a menace? No, you are not.

Tiffany & Co.

Advertisement in The New York Times, June 6, 1977