﻿WATERED STOCK 

When the good ship CAPITAL went down,  
And many first class passengers doomed to drown, 
All her plates were rusted 
And her bottom busted 
When the good ship CAPITAL went down. 
 
Built of super-profits, fore and aft–– 
All her girders forged of toughest graft–– 
Interest on loans,  
Dividends and so-on’s 
Made the boat unwieldly as a raft.  
 
When the good ship CAPITAL did sink 
And her roster landed “in the drink,” 
Down went lots of hooey 
When the ship went blooey 
In the surging sea of purple-ink. 
 
Gallant ship, but ne’ertheless a pawn! 
Her accounts and credit over-drawn–– 
Boilers overloaded, 
She, no doubt, exploded 
And the great ship CAPITAL was gone.  
 
Down went good ship CAPITAL, kerplunk  
Every plute aboard remarked “we’re sunk” 
All the giltedge betting 
Got a grand old wetting 
And the great ship now is “a la junk.” 
 
Not a soul was saved to bid or quote,  
Not a loan did remain to float, 
All was wrack and ruin 
In that high-seas doin’–– 
Not a man thought to “bottle up a note!” 
 
When the good ship CAPITAL went down 
Down went something dubbed “supremely sound”–– 
She was ill-begotten 
From the start––and rotten 
So the good ship CAPITAL went down. 
 
NUANCE: 
 
Looks like the “Unity League” will have to change its name to Trade Union Annuity League pursuant to the trade unions going on record in favor of paying the slaves yearly; in working by the year instead of skip-stop, hourly, daily, weekly or monthly; instead of starving every other week, the slaves will have the pleasure of starving every other year. Bright boys, those!