New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-08-16
Sdy- For late and important Tolegraphio
disnatohcs sec Fifth Page.
On Labor, CapiIni abd Paper moncy-John
Campbell.

who are Low on strike FOR b sh wages, VIII re-
DOR, vas .entby me. propose, with your permits
sion investigating the objection. raised against my
report in your leader OF the Same date; and al
though the phraseoloey Of Mr. Powers rsIola'ioni
might have been different, ye. will undertake to
defend the principles contained 10 them, and vii
attempt 10 show where You fsil in your Editorial
Tbi, o1es,on OF que,t'on-, TIE Organization o.
Labor is Of too grave ard important character
to be lightly passed over By such men as either you
or m,.eM An inquiry, calm candid and di'Pas-
,ior,te carrot fail OF being usefa, each giving his
vjev,, thus ,fFording IN opportunity Of comparing
i5en, ard arriving ct correct conclusions
entirely irdorlc every limo in the first para
srsrh Of cur leader. say amen to it in every
utriicular. IN your second paragraph you say
MI Campbell, ,he reporter 20 evidently slt dsciteiy
'esnf the nacicsl DE- We, 70 % uos ,.-- -l o ~
sevi mate 70 courrer'E on hat lhougs We esn11i o.
c.uf.e o,ucu III bic v,eT Of u tunl c. ~ 3. io.e
m, Gse'-sl oeas'er is reported Nlheu' uHl'li--lnE
aro sppreds, on
Inreply to this, | can only state that your inu
or1o Of one sdedueh il unfair. Tia. ! an
. Radical am proud to acknowledge and AVON
but in the report | sent To you instead OF leaning
frvCrnnly
rather did more than Justice 10 Mr.. Russell, his
opponent.
! find that you agree with the first resolution
"But suppose" say you, thai the laoodhg, man
ipsi.s uoou being set 10 work aud paid weekly by
an emDloyer. ghile the proceeds Of bis own labor
n,v not be realized for months can he reasonably
e-oect that the employ ia 10 supply capital over
sipbt ard management, take q the risks o. gl1:
I'D market depreciation OF the product fire, storms,
etc. for noihingW Here is question put will
not saw disreenuoUsly, but certainly not fairly
vet even as It is, answer, unheIitadngly, yea
and will prove it. B0< before do co. let me
allow YOU the Other side. 70 hear Capitalists talk
ing one would be led 10 suppose tnat their risks
are so great hat they s-e always losing. NOV, IN
the fret place, the capitalists always increase thalr
gains end yet they are crying continually oil accl
GeLts by IRE and water, &c. always losing-and
rcoret tbet in YOUR editorial capacity you echo their
cuckoo notes. sboref hires himeclf 70 a capital
| ist Nearly every laborer under our prcsent can
nibAl sy stem ba6 to live from hand to mouth AZ
The weeks end ought he no. - be paid You
draw an inference that be should not until the
employer bad been secured from loIseS b. TIE,
storms, ct cetere. The lsborer has increased the
veatb, or rather added to that Of the capitalist,
twelve dollar. worth OF wealth, because that IS the
amount Of esch sborer's production weekly and the
enpoy er is nc. 70 give four Ave, sz CT seyoa co..
| lars 10 him on the SaiUrday-Do matter whetmay
| be the neceGsties of the laborer-untl be the ca
| pitslist has been secured from Eli risks Moreover,
! is not the contract made for week and what
reeson can be edduced that 1t ought 10 be violated
Another poiDt: is not the workman, even tfhe does
not immediately want his wages, as capable OF
taking care OF his own another man Is vi taking
care Of it for him. By paying the laoorer on each
| Friday evening, his wife is enabled to take her
ready money TO Saturdays market GUY Ia tne
weeks provisions, and by having the ready money
will make FIVE dollars so as far as six would upon
the credit in the grocery store.
| Trust that YOU are satisfied, 80 long as we live
under the present iniquitous system, that 1t would
be much better for the workers to Do paid weekly.
| But the seventh resolution, relating 70 Metal
lie Currency appears 10 be least acceptable to you
, Now mark, Sir, Mr.. Power, under new 81 stem,
/ wishes 10 zee a currency similar to the following
a, laid dows in my Theory of Equality viz
MONEY In the foregoing chapters haze pon.ei o1t
hose soct evils whch weigh heavily on me q use
,st,d hats mesc currency The safest 30 long az me
present tpecUi slng system viii conanue because IL II
more Impossible to gold aud silver man paper DH.
nader iu,t systeu the precious metals night DO enuIey
dvrensed win, In internal TegulAu0ns suOmlt ns loI-
loving proposlioLs in connection with Circulating me-
Tbst here oueLt to be money enough al all ames 10
country 10 pay The borer Tor all The surplus produce "hcn
nc S Ton esSSot be evsded by the economists
because n The employer has not the means to pay ne %
comes bankrupt THERETO q no enPoye 81 cs nav
work unless he Is po''u'ey Gvsin sua a.
| he ueo wherever they oemsnd their Wages Ano'uer
! I'D Al
opsSt to he crcuistlDg medium enough TO en-
poy ali h0se able and willing to labor VIZ no" PIose
ls meslic currency could no. sns%er hs,s me ous.oa
sI,es what is money AM what are ~ ufesf nohey u
bet commody which the eonySnuo1e u,sEs y,
have sR ted 10 represent capital ~oid sfe1 tOu ~
Der lesler pepper have 81 various limes oesn sae W
erom dry Lsoor Ought 20 % 1 1s Win sny az
everv inc of froduce for money Ho"ls H. hs ~ We
cuprpg egerdaiuar Of legal 'pecu4lo me. ~ OF soa'
,nd ,iVer and ans portions u Psper wiz plcua,e
top,es clotirR &c smply fomthe conVenuOnel ussse1
OF ,oc!ety God, paper cannot Do e..en " 20
coihr or the YER ard sr= noi inrotcsly OF u- vsu
supno,e hat 10 morrow, all tbs money, whether
mses Of tbs precious metals or or paper were usIoI
Inc Sson you'd IN reality, be nonDg tho poorer bu'
noe hi ali Ire food clothing and houses we're dec
lroyed and that esch man had one hunafeo ~ III
lars, either in gold or p'per' the nauos "0ua 70 ~ WI
Ttcre 4, vesl.h in the United sises to the amount o.
-FOUR houssrd mi lions Of dollars his ell nonsense
~ that nnoer ,xlstirg Institutions this capIs OF
even twerti,ih pert OF II, IL represented oy tlo
anount OF money A have before shoWp 'n2IS
miioIs OF producers in the Union, eacn eathiog y.
81 sppcss Inst each OF lhsse received fa equiv
aept IN mo, ey for his labor and suppose 'nsS ne
IN rs tSip his family upoa dollars ard fayc ne ONE
,v Ii VIII draw thirty millions Of dollars from crcusuoo
each week or 10 round numbers, haeen h9adre1 II.oo
ne ci,cnisung medium IN existence TO meet such de
mard ano s.vIrg There 10 not gold enough i1r sveu
ienb or peThsps twentieth part! IL csnnoI Os aenlS'
, ~. !. nien,v OF the raw material IN our country
enough Of land aud to spare 10 uetuy sno ~
smnlov eVerv laborer: but IL being The interest OF ln
spp,sjst IN keep IN his possession the control OF tl
ifeulaipR medium, n order TO nave he SCORER MOI ~
| completely his mercy. IL Wouu
~, 10 he he CAGE labor The haas Of money! ne1 Is
did the circulating mediu1 belong 10 1e nslon snI on
iLGle az OF capital Is II does now AI
an secuuDl.live animal Ills evident INST or s9cia
Arrangements such that eaeh indTiael Iecelei ~
M vslre OF hls labor the disposition 10 labor wouo DC
come pre,y general When produce food or elotas'
or hcutes aud eel them TO 90 ey taey e1pecs al 80
lept for them; but II they require DOT 70 consu ne 81 y.
value oftheir productions from day TO day tn Ak soels
~ 10 give them Representative for their lsoor ina u, N
,b 10 have morey ImL.ers cot therefore, wiener In
menev be made oiearhenwaFe, god silver, COPPER NOE
or paper The Only thing necefaary 70 ~
r. e,ffis ng medium By toe amount OF capital produced
TsDpeSrstpet paper possesses in itse the qlsaes as
not poftsbe easily made, aud wiz l3fs SAN
- ior0 10 cause u 10 be adopted - the money Oh %
S"untIy. XII money Is to be Issued by ms nason es;
80 -, cd one I've, ten enty, one hundred eacn
aCse ant Ihe number OF days labor, as tie respecy
role. are numbered There Il. asn no bark ou. one sn
st he Peoples; no person WI Dc driven 20 Sb',o'
ss OF notes can take place at any other pll-e
han he national stores and rotkihoPt. I.sfs W.
be rOgsufy, becaute a. 81 MI, ha 1nknosrn