Everybody is talkin’ these days about Tammany men growin’ rich on graft, but nobody thinks of drawin’ the distinction between honest graft and dishonest graft. There’s all the difference in the world between the two. Yes, many of our men have grown rich in politics. I have myself. I’ve made a big fortune out of the game, and I’m gettin’ richer every day, but I’ve not gone in for dishonest graft—blackmailin’ gamblers, saloon keepers, disorderly people, etc.—and neither has any of the men who have made big fortunes in politics.
There’s an honest graft, and I’m an example of how it works. I might sum up the whole thing by sayin’, “I seen my opportunities and I took ’em.”
Just let me explain by examples. My party’s in power in the city, and it’s goin’ to undertake a lot of public improvements. Well, I’m tipped off, say, that they’re going to lay out a new park at a certain place.
I see my opportunity, and I take it. I go to that place, and I buy up all the land I can in the neighborhood. Then the board of this or that makes its plan public, and there is a rush to get my land, which nobody cared particular for before.
Ain’t it perfectly honest to charge a good price and make a profit on my investment and foresight? Of course it is. Well, that’s honest graft. Or, supposin’ it’s a new bridge they’re goin’ to build. I get tipped off, and I buy as much property as I can that has to be taken for approaches. I sell at my own price later on and drop some more money in the bank.
Wouldn’t you? It’s just like lookin’ ahead in Wall Street or in the coffee or cotton market. It’s honest graft, and I’m lookin’ for it every day in the year. I will tell you frankly that I’ve got a good lot of it too.
I’ll tell you of one case. They were goin’ to fix up a big park, no matter where. I got on to it and went lookin’ about for land in that neighborhood.
I could get nothin’ at a bargain but a big piece of swamp, but I took it fast enough and held on to it. What turned out was just what I counted on. They couldn’t make the park complete without Plunkitt’s swamp, and they had to pay a good price for it. Anything dishonest in that?
I’ve told you how I got rich by honest graft. Now let me tell you that most politicians who are accused of robbin’ the city get rich the same way.
They didn’t steal a dollar from the city treasury. They just seen their opportunities and took them. That is why when a reform administration comes in and spends a half million dollars in tryin’ to find the public robberies they talked about in the campaign, they don’t find them.
The books are always all right. The money in the city treasury is all right. Everything is all right. All they can show is that the Tammany heads of departments looked after their friends within the law and gave them what opportunities they could to make honest graft. Now let me tell you that’s never goin’ to hurt Tammany with the people. Every good man looks after his friends, and any man who doesn’t isn’t likely to be popular. If I have a good thing to hand out in private life, I give it to a friend. Why shouldn’t I do the same in public life?