, 1873-08-04
General InutiGty Of Strikes, Cooper
alton, and Arbitration.
How to Put Capital and Lator in Proper
Relations to Each Other.
Publication Of Daily Trades Reports in
tho Newspapers.

tton9 TINT onhht to exist between Capital md
Labor, and botwoen tho Railroads and tho Poo
plo. We all agreo TINT tho relations existing
botwoon theso parties is no longor In accordance
with onr best intorosts. Tho consideration Of
tho natural laws governing, their buainosa-intor-
courso, and tho proper mode Of adjusting their
notions accordingly, ID now tho duty Of the hour.
It is mistake inany people indulge in to think
thoy can make laws, or rules, by which to govern
thoir affairs. 1nw governs NIL tliuga. Thoro ia
right md wrong way to do everything; not
dependent upon chance, or tho arbitrary
will Of individuals, but. upon tho natural,
inherent ntness OF things. Laws aro
always in forco; but IN what mannor
they net, or why, is often mattor Of profound
ignorance to Us. Thoy may be discovered by a
'cloBe observation OF facts. Newton, It is aaid,
discovered tho law OF Tgr"vitation--tho key to
the movements Of universally observing tho
fall Of applo, and tracing that fact back to its
primnllaw I hnve a few words to aay, founded
cn fact, about tho question Of Capital aud La-
boz; moro properly speaking,
WORK AND WAGES.
Though may not develop any new lawa con-
nccted with that subject, word aB to tho work.
Ing of them, and their influence upon the work
angman, mny not DO without value.
Tho primo causo Of all difficulty bctwoon Cnp-
ital and Labor IL tho unsettled 1uctuating stato
Of wages. Many have heretofore got rid Of this
subject by saying that tho capitalists control
wages as they please, that NO are at their mercy.
Dut this docs not do away with lta existonce ~
fact. shall examine it NJ 1t presents itHolf
to mo, and endeavor to ronch tho law TINT con-
trolls it for nm not inclined to think that tho
capitalists, or anybody olhe. control business
iii spite Of Ito laws. For-drst case-supposo
4,,,t T., f.b;c.o, +,,oro ;o ,vor, for nm o,r,o,
' :. 10. ooo -. ~
tora' anu 'nero arc o,ooo 10 10 IL. ~ 10
question among these men who, out Of the {, 900,
nro to got employment. Say that 5000 arc em-
,.14 ;a,. Ill ,.s4 r.. r. 49,, es s. Iii.
e'e .o1t 4a'o' WIN ooata ~ pa5, As'o bohe WIN
families to support Either these men must
obtain work OF lcave tho city If they can and
will work cheaper. saY at a2.50 nor dav. thoy
.,y;11 In onn1ovcd IN tho n1sco os tbo aa man
n"u n's 49,. A.. t a;... H.. ~ ~. ""
Aa]nei 'o"tt teu'o tiio o'ts' tuos ueoioo u ao
this; necessity forces thcm to 1t. VI courao, to
rhnrpod. Thia second 600 soon find them
on,ves T., Nm aor,a .;,r,t;on and ,v,, ~ oorrao
ao''eo ~ ~ S"ins ~, ''sua' at'A o. ~ s0eo'
DO loEcoa 70 1ho sa'ae act' 90 In'6 com,
petition will go on until wages arc reduced
to the uniform rate Of $2.60 per day. Thia
RAW, 40 c,,a,,, no +toy can ,vorl. oud nm man
80 49, ~ ~ 80 mn ....,S,,1 ..,,-.
oong le1t la'e,-ior "olh LUZ o,ouo noll WIZ on1s
other employmenta. or lcaye town. There were
too many men for tho amount OF work to be
-oroot;,o ,,,,,o+5tion trlue ,voooa fe,t !.
,soaa,,so u, tt,o ,au1,,,ao - t1,o oonI on,;ata
OF ooc"use' III 'ne i"''eneso ~ s''e o'o1onuo|''
the supply was creator than tho demand'-
THE FIRST LAW GOVERNING WAGES.
Second cosc-SuppoBe there arc but 4, 900 mon
n ho lad tn In thu worlt Of Il. .000. Tbare will bo
~ W uau :. y, sno ,.1,a oa,n,t f,,a tna,,
o numoer o1 empowers "no oat't,oE ~, 'ulnii .nosi
contracts for want Of mon. Ihoy must otfer
extra pay, say $3.50 per day, to induce mon to
comc from otbor towns. or Icayo tho omployore
.nr;,a a. In or5ar n Yoto;n thcir men or cot
P"5''e ~ 49, ~ ,.. - 80. e..
'others, tic rest OF the euap1oyofs Huss Pas tno
Of f'u men, n"s wares aTo rased or because tho Dc.
mapd was greater thnn tho supply
THE SECOND LAW ooVxnS1sd WAGES.
The operation OF QUO or otlcr of tleao laws
:goyorns every case OF riso or fals i'll 'yngoa 1t
follows thnt when supply and demand are tlIc-
-tuating, wsgos will be iluotuat'ng. II they bo