, 1873-12-25
long as they nro enly dcbating wl'othor they had
not bottor do 30, thoy aro law-abiding Amorican

long as they nro cny debating wl,othor they had
not bottcr do 20, thoy aro law-ablding Amorican
cltizons
II may bo nBkol wllotfcr 1t Ia not posasblo to
reason With those pooplo, and show them tho
error Of tlieir ways. It would eoom not. They
aro not. for tho most part political economists,
md havo ltttle respect for tho doctrines Of
Smith. Ricardo, Nralthnn, or Mill WHOM In con-
1tlct with their own. Those Of them who havo
my understanding OF economical principles, liko
Karl Marx, tho head Of tho International, do
not accept orr political economy any moro tl1nn
u Mollammct1an acoopta Christianity, If, indood.
as mich. Tho International has d political
economy Of It's OWN, aud Marx. ia itB great or
poundor,-a matt who, whatevor ha vagariea,
cnnnct DO acotlsod Of ignorance Of what other
mon layo written OIL n subject in which he Ia
himself oil adopt. For over thirty yoars ho has
buaiod himsolf with economic questions,
and is acknowledged by tho Leading
economists Of Europe to DO ono Of tho
boHt informed writors on the subject. Those
most dramatically opposed to him do not qucs-
tion lila ability or erudltion. Only tho OTHER day
lo gayo to tho world new edition of Aib Das
Kapitai, - oritiquo Of tho rcigning political
economy Of tho schools. Tho work is written In
German, but tranBations Of II have appeared
already iu 1tussian and Fronoh.
Tell Marx that his vicws-aud his vews aro not
unlike those of tho mon who mot at Cooper In
sttuto-aro IN conflict with tho woll-scttlol pril-
ciplcs Of political economy, md he answers TINT
tho principles Of current economic science aro
neither imrnutab1o nor necessary, ana TINT thoy
have not thoir roots in human nature. Tho laws Of
our political economy, ho would say aro tho laws
Of tho presont "capita1ist" systom but this sya-
ten is no moro permanent or natural than tho
foudal system which has disappeared nor is tho
rotation Of landlord and tonant, OF capitalist and
laboror, than that OF lord and vaasal, or mastor
and slave. The present economical aud social
system IL, according to him, only trauBitory
historical phenomenon capital is not wealth or
n commodity, but only relation established by
means Of wealth botwocn two persons tho
capital Of tho employer is not tho result of say-
lug, but tho result Of Keeping from tho laborcr
part Of lis remuneration. The profit Of capital
only enhances tho value of commodities,
and ia therefore unjustinablo. Such is the
political economy taught by mon Of real
ability like Marx to tho laboring clasHos.
and such, too. aro tho principles that arc loavon
ing them in Europo-from Siberia to tho Med
iterranean-leayoning tho ranks of tho prole=
tariat whose mission it Is, according to hlarx, to
do away with the existing order Of things on
tiroly, and give mankind a now carth and a new
Btato Of things upon It.
Tho subdivision OF land In this country, and
the relatively largo number Of persons interest
Cd in the dofenso Of tho rights Of property, will
probably shield us from the dangers OF 1nterna-
tionalsrn for century or moro to como. but
meanwhile tho large cities aro exposed to those
dangora and must prepare to meet them.