The workingman's advocate. [volume] (Chicago [Ill.]) 1864-1877, 1873-08-09

soc, fool and know 20 be true. But whsn
the political economist procssds to distr1o-
ute tho profits Of production between the
capitalist and the laborer, and instead ct
estimating the inve5tment, tho right AMI
the actual contributor Of each TO the result
and apportioning accordingly 10. under
takes to adjudge the laborcrs' share, BY Az
plying the Law Of supply and demand g.
wages, they see, and feel, and know the
proposition to be fraud and he. EdI-
tor1 learned in political economy may NJ
well cease prating Of the memorable las
Of supply and demand" IN thns eOnnection.
The irrep-essible conflict" between the
laborer and the capitalist will continue.
until the share Of the labUrsr IN the profit
Of production shall be determined, mot BY
the Law Of supply and demand. but upon
the eternal principles of right and Justice.
The Law Of supply and demand was the in
vention Of financial knaves, % cover and
excuse extortlon- Ii In eVAded by NIL
GLASSES but workingmen- The pay Of pro-
fesaional men and ths ofaciAls, from the
constable to the President, h@ no more to
do with supply and demand than the law
Of gravitation, and trus principle in uni
versal in its application Supply and de-
mand never has been, or never can be,
universally applied TO the transactions Of
men Suppose doctor. when half dozen
patients demanded his attention at the
same time, applied the Law Of supply and
demand, and attended to him only who
paid the highest fee. Again, if that Law
Il lust and right, il q man may rghtfully
take Whatever the demand will give him,
there can Be no such crime m extortion
for no man can take more than the demand
will give him. III there be no such crime
a. extortion, both God and man have made
sad mistakes in past ages, for both have
severely punished extortion ~ . crime. In
all cases where the law might be useful
70 the producing classes, the Law Of supply
and demand has been evaded wherever it
would grind and fleece them it has been
exposed. BY dint Of combinations and
strikes workingmen have. in many cases,
partly evaded its grinding extOrtions, and
they viii not, in future, submit to be
robbed under this pretense for any length
Of time. The law Of supply and demand,
as . measure of price, is the great funda-
mental fraud and lie in political economy,
so far as its teachings are founded on that
law, 80 far are they false and unreliable.
/ Il -
no good reason why his crop should brig
him less than half . crop would the Prics
should be governed bv the cost of prOduc-
ton. Il Is turning the blessings Of God
into q curse to make heavy crop loss e
its producers. Plenty Of laborers are the
strength and power of the state, and
Cured Is that land TO fastening Ils prey.
| Where wealth accumulatss and men decay.
Princes and kings may flourish and may fade.
| breath mAk3 them, \ breath has made.
| But . brave yeomAn, their cOuntry's pride.
| When once destroyed never BE- supplied
A brave yeoman will never Last lonl
where wages are governed BY supply anS
demand. At any rate, the worklngmen Q
America are determined that some bette
means shall be given for cutting dow
wages than the simple fact that i've mel
wish for employment while but four ar
wanted at the time There il neither jus
tice nor common sense in that proceeding
And 20 far Is the political economist /
concerned, who pretends to a distribution
Of profits, an between partners, the proPo
sition is as barefaced, transparent lie a
was ever invented. FARMER.