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Acres of Diamonds


From the Prologue to The Key to Peace by Clarence Manion.

More than fifty years ago, the Reverend Russell Conwell of Philadelphia delivered more than five thousand times a lecture which was titled "Acres of Diamonds."

The lecture was built around the fabulous story of a Persian farmer named Hafed. To Hafed’s home one day came a mystical wise man of the East who fascinated the farmer with a long and thrilling story about the value and beauty of diamonds. With a handful of diamonds, the visitor explained, Hafed could buy the whole county and with a diamond mine he would be rich enough to rule the world.

The eloquent visitor assured Hafed that great quanti­ties of diamonds were located in various parts of the world merely waiting to be discovered—all one had to do was to find them. Hafed was enchanted. He forthwith sold his farm and sallied forth visiting many faraway countries in his search. He found no diamonds.

Years later, long after the weary and penniless Hafed had died tragically in a strange land, another Persian while digging in Hafed’s deserted garden discovered the diamond mines of Golconda, the richest ever uncovered in the ancient world.

This classic on Americanism, first published in 1950 by The Heritage Foundation, Chicago, is now available as a paperback for $¹.00 and may be ordered from The Foundation for Economic Education. Also available are a few copies of the earlier cloth edition at $2.00.


July 1963

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April 2014

Around the world, people are struggling to throw off authoritarianism, with deeply mixed results. From Egypt to Venezuela, determined people build networks to overthrow their regimes, but as yet we have not learned to live without Leviathan. In this issue, Michael Malice and Gary Dudney discuss their glimpses inside totalitarian regimes, while Sarah Skwire and Michael Nolan look at how totalitarian regimes grind down the individual--and how individuals fight back. Plus, Jeffrey Tucker identifies a strain in libertarianism that, left unchecked, could reduce even our vibrant movement to something that is analogous to the grim aesthetic of architectural brutalism. The struggle for our lives and freedom is a struggle for beauty; it begins inside each of us.
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