, 1869-08-23

| NA4AAC4AC4A NS7tI46 W k16GAAoASA+ ia I44
| this nirnge Of Chase influences md uaatcri-
ais for combination there is nothing sub
stantial, nothing that assures Mr.. Chase
| more than the oue-haH Of rote that was
cast for him amidst storm Of Kisses in the
last Democratic Convention Yet they in
dicato the probability Of m effort to drop
the Democratic name throughout the coun-
try, and to create in the Northern States a
Conservative Republican party, composed,
like that in Tuginia and Tennessee, of
portion Of the Republicans and the whole Of
the Democrats. The prospect Of such d
consunmation, however, Is very misty.
T8ELABoR CONVENTION RESOLUTIONS.
The p1atform adopted by the Philadel-
phia Convention Of delegates from the la-
boz unions is an odd tumble Of wild deduc-
lions from wilder premises, and OF forced
unions Of tr1isms and fallaeics- One Of
the frat mistakes this convention makes is
TINT it represents MI tho labor Of tho coun-
try, instead Of n very small proportion Of
it, md the mistake is a serious one. It is
also f. very grievons mistake to suppose that
ell men who are not members Of labor
unions ase "preying like harpies" upon the
',e ~ .o'7es .soo'' -Ae seA' oNa "
A'Ao 'AIo4ote :. ~ .A4o eos -, eus"eoo =,
"stic'h'otn tioa14et'oo9' H'au tne ia'io a1u
other property they own is The result Of
their own earnings, md has not been wrung
from the "sweat Of the face" Of other mon.
The resolution dcnouncing banks, whether
authorized by nahonM or etate laws, Is one
of those resolutions which might have been
| r,asst1d n cent11rv mn hvthe venvcra ef Eng
ion5 ,;bo ,,-e,.st..a o,,o;rst tto i,+r,a,,o-
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.l -: - ~ . ~. ~ 49,. - 1. -,
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1 - $500 49,. '-,s- ~
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-e'
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r r. ...,aa .sa.;n,, - Hn,;.,esa - .,os.
rha r-s,o1,.7 .b;s n,otso,,, ~ hos+ ,1,nstra.
"a - g.. .,,ot :, ,7..,,o,7,,,;,( ~, bjc1
rattH OF interest, II. .s.ra Is p4r iolIu l.sal
II the banks were oil closed money could
he borrowed at less rates Of interest from
mere brokers than from banks whose
rntea are Limited BY Law.
Is it not st1nnge assertion That labor is |
the product Of capital Is not capital the
accumulation Of labor, and docs given
sum Of dollars reI.resent my moro than the
number OF daya lnbor it will pay for Is
not the MN who saves out Of the yearly |
earnings Of his labor one hundred dollars, q
capitalist to that extent, and is the ono hun
dred dollars my moro than go many days
labor which he has accumulated. and which
he can hire, mud the profits Of which he can
ada to that Of his own7
The denunciation Of land monopolics
would be moro forcib!o IL it had my appli-
cation, and Rs long rs the public lands are
opon to oettlernent u nl1, free Of charge,
there can be no serious monopoly in that
matter.
The resolution that "thc protection
OF life and liberty and property are