The Rutland County herald. [volume] (Rutland, Vt.) 1852-1855, 1853-12-16
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81 course. .pa'ghlc authority iu al
matters oi ccHnmy, iu-i a, jts sima
n1c is o1 ihr praihi, la, been 2 srass
ing thr impro,i icncc ef the Erch1
poor rnjcf fhe favorable au.pb.ct q
free ,ail Australian ral aui ex,en
sive emigration. Ibe Economit rc
bukcs ihe hhnrns classes. hecftusr. a.
oppguuuHy favored iheu. ih.y inrn oal
~ Afi as their heurrs. Fof Instance
free trade cheapensl the ptice Of bread
and with ihr alnfculs attraction. e'
Australia. Increased ilr ,a'ne OF labor
Bu', saws the Econoni.i. with Nahhu.
sian Indignation, what wa. the .oai oi
%, Instead of Hef magu uug. h,in.
close, working hard, nad saving muurv
. and becoming capitalists" they hay,
done just what they used 10 du iar.
/ mefly on every occurrence 1T Temporal.
I ~ sunshine, married and multiplied a.
/ fast ms pos.iblr"--lhc iuefaies Now.
as this happens 10 be directly in inverse
/ proportion 20 The resources uf the Bu,.
/ ish territory, ihoHEl 10 conflict w.th no
act in such ease made and provided, iha
Economist is very naturally inceusei AT
SO gr,cyous an offence npnins the pro.
prielics Of er79oaE and eNclaims, unlcr
an oppressive sense OF the niquilv OF the
thing, 4" 10 scarcely one instance 10 they
seem TO have risen. or begun To rise, in.
10 the rank Of capitalists They haye
thrown away their opportunity
It is scarcely possible to rcal such
arrant nonsense as this with gravity. -
Indeed il must provoke smile. whore
il excitcs the commi.crniion Of the read
cr. And who can Ice iuscn,ihle 30 emo
lious of pity towards any people, we rc.
gard 10 whom iis domestic pres. can be
induced 20 speak in terms reproachtgl
Of nature herself?
We are iurlAcr Informed lha the
average wages Of labor was iormcrlv
l3s a week and that now it Is lG, Cd.
Thus the basis Of the future capitalists
is 3, Gd week Tho advance wn, OBJ
taincd by strike. but failing to bccoms
capitalists, the Economist thinks they
hav, struck for more thaa viii do thrn
any service One might suppose this
To be cutting irony bu, il is NOT, it j.
the solemn nockery of the PROSTATE
masses. We have no rcpioaches 10
fling against any class, because Of social.
or rather pccunary inequality. Bat we
are ayorse from all gnluitous rcproof Vi
those who in The pursuit of happiness,
devote their limited means to the in
diligence Of their inclmations. and en-
ploy golden opportunities" for the lnv-
ful gralicaiion Of ua'nral desires. This
same Economist admits that undcr tie
previous state Of affairs the poorer ela.,.
es were only half fed and bali clothed
yet inlcrs that they should be fcl and
clothed, and on the high road TO none
tary distinction upon an additional Js Cd
per week.
Absurd as all This may be in It's APP
plication 10 the British poor, there may
be something practical in the theory of
the Economist for our own use. The
rate Of wages j. much better in the Uni
ted States ihan it is in England; and
The golden oppouuuitirs" much more
substantial and durable here than there.
Many oi our artisan, are receiving from
ten to fifteen dollars per week, and
most Of them aycraee more than double
the rate Of wages in England Itis al-
so true, beyond doubt, ihat ,he mental
and social status Of the industrial class
cs in America is very superior to iha,
Of the same classes In England: and. as
n consequence, rather more costly 20
maintain But, we are confident that
the pecnnary advantage is greatly on
tho side Of the American artisan while
We doubt il this advantage Is so general
ly improved as it ought to be.
We 10 not assume the theory of lhe
Economist. that with such advantages
every man must become a capitalist.
bat we npprehcnl that the value Of
money, is nccumulaiiye quality and
substantive force. is not suiIicicuily APP
prrcia'c1 by those unaccusiomcd 10 Il
uancial calculations. Mulliiude, are
members Of beneficial societies. who. il
they do not look upon the Institution it..
self as wonderful Thing, and ils capnc-
iiy 10 pay out hundreds of dollar. for a
deposit Of a fppennybit week, as a
riddle incxpiicable certainly take very
hide pains 20 understand lhe principle,
and reduce II 10 practice Ia nirir oHn
hands. To leave out Of view the Incl.
dental sources Of accumulation peculiar
to such sorieiics, the fr.t lesson they
teach !. the accumuluii,e force Of The
regular deposit Of small sums: and tlii.
is "a lesson which sholll BE- insfilled into
iho minds Of youth, "a, DE Foundation of
those business principles Indispensable
20 -ucers. 100 l.fr. II may be urge that
,his would induce sclGshnoss Of charac.
ter. The objection does not bold good.
That J, iahe guarded against by judic-
ions management: the principle cannot
be- affected by II. II {. he first pfi8ri-
ple 90 ihe economy of nature. and tie
essential basis 81 aN lbc bcniGeenee of
God. 'hls % Is 'he u9-, exemplary in Hs
application 70 lhc crea'afes De has
made.