Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-10-10

ployer. If capital will not yield a
profit it is worthless. And it never
will yield anything if it is not united
with labor. a farm, a mandatory,
a store, "a ship or railroad will BE
worthless as we'll as money if there
are no laborers to worka and use them.
And hence every man who has M of
these is DESTROYS Of being on good
terms with laborers in order that he
may reap the advantages of his capi-
tai. Aud hence, also, they who are
willing TO thrive by industry and have
not capital, desire to be on terms with
capitalists that they may find en-
Iployment and profit. The fact is,
capital and labor should be more than
friendly, in the bonds of wedlock,
because either one alone is as worth
less as One-half of a pair of shears.
IF we had a thousand men
in Memphis like GREENLAw,
or BICKFoRD or JONES, and they
could all make money as they used to
do by building houses, wouldnot fifty
thousand laborers find constant work
at full prices at once? But suppose
we have but ten such men, and they
unable to make anything by improv-
ing property, are not a few hundred
mechanics and labOrers all that can
find employment among US? The.
more rich men we have, and the more
capital, the more demand for labOrers,
and the more wages. Every poor
man ought TO wish the city filled up
with the rich as much as possible, and
that the rich might thrive. When
that is the case all thrive together.
The laboring classes are, after all,
more interestedin the general increase
of the capital of the country than the
capitalists themselves, who can in any
event subsist on their speculations,
and the use of their money,
while the poorer classes must work
for little or emigrate where capital is
more abundant. That is where labor
goes and what labor wants-the pres
ence of capital. We say, then, let the
laboring man and mechanic counten-
ance no laws which hinder the use of
capital, which are a milestone on its
neck to drag it down or drivei it away.
Taxes at eight per cent! Capital
away at that rate, and what is
the sense of asking it in? And labor
runs, too, because it can find no en-
plOyment. How is the case now?
Have we not high taxes, capital with
drawn, and ten thousand mechanics
and laborers driven away? We
tell them this is caused by
high class and discrimina-
ting taxation. Vote down
the taxes from eight to one per cent,
render them equal upon all capital
and property-hOlders alike, and let
them feel ecure among us, and we
tell you capital and population, and
wealth will come in like a food. We
prosper at the expense of one
another, but only when all have a
chance alike. Men furnishing in a
boat at sea may take the advantage of
strongest and tear and devour one
another. But all do but i'll alike, as
we are doing. If we vote altogether
TO reduce the taxes, we shall dc much
to open up good fortune. The capital
low taxation and equality will
bring in viii be so great that the State
will grow rich at once, and so that
per cent. will pay a larger amount
than six or eight, for all purposes.
taxes on merchants make high
prices on goods; aud thus the poor
pay them, because they have to buy
1t home. The rich can send to New
York II Liverpool and save
much that the poor pay. Nothing is
than that heavy taxation falls
last chiefly on the laboring popula-
ion. LabOring men, will you not
vote down the taxes and demand it Of
your legislators? How much are you
to pay to fatten officials and to
Freedmen's Bureaus? Are
you willing a few officials should take
.wenty thousand dollars a year out of
your hard earnings? Do you want
suffrage, which has established
md kept these things mp, and which
will be forever chiefly employed in
attening thesharks? Or do you want
intelligent white voters and legisIa-
ion and management, so that all may
hrive as we did in 1860, and we can
70 back again TO building,250O houses
year?