Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1873-10-10

Iltor o.. the Free Press and Times.

Editor O. the Free Press and Times.
There can be no doubt but thcprcSent con-
fusion in our financial affairs is intimately
connected with the groviay hostility be-
tween the really common interests Of con-
sumer and producer, rich and poor, en-
ployer and employed, commerce and manu-
features. These all as sworn and inevitable
antagonists seem pitted against each other
As for personal combat, as if the success of
the one depended upon the ruin Of the
other, instead Of standing shoulder to
shoulder in brothcrly emulation and march,
ing forward in harmonious and concerted
movement to possess the land.
1t Is greatly to be deplored that the real
and indispensable harmony of all these vital
interests has not been practically apprc-
hended-tLat 50 much of what Is called
% class legislation" has fostercd and almost
seemed to justify the attitude Of hostility in
which the several parties seem to stand.
An unfortunate and deeply-sclted mi-ap-
prehension and confusion has come to get
fo1tholi on the popular mind and block up
the way TO intelligent and efficient action.
To the unpreiudicci it mast indeed be
apparent that such is the mutual inter-Je-
pcndcncc of the whole social fabric that
whatever Is for the real permanent alvau-
tage Of any one national interest is for the
advantage of the whole. and whatever Is
really hurtful to any one Of them is By SO
much an injury in the long run to the whole.
In the light of the late developments at
the heart of the money centres Of the coun-
try and especially in Wall street, it Is easy
to see that if the surplus money beyond the
real needs Of trade and commerce. now in
the banks or loaned To spectators, and cx-
posed TO the manipulati0ns of m0n0polics
and giant corporations for local and specu-
latiye purposes. as the building of railroads
or dealing in st0ckS-if the sums put into
United States bonds for high rates of inter
est and for safe investment, had been more
equally distributed and not placed beyond
the reach of the owners and under the con-
troll of irresponsible and Enthusiastically par
tieS-il men of means. able to command
large sums of money, had 50 apprchended
the true genius Of our industrial interests.
as TO select out and encourage our youur
men OF integrity and ability by aiding them
to engage IN the several departments Of
productive industry. OF the no less essential
work of bringing our products to the hand
of the consumer, either by creating new
markets in the shape of mar Ilacturcs fur
nishing both the raw material and the bread
from the farm, and the mines. or The ncccs-
sary machinery both mental and mechani-
cal for fitting them ior the markets of the
world, and 50 keeping up the happy me
dunn IN the division of labor between the
purely prcdUcfiCc and diSfriLufire dcpart-
ments OF Industry, encouraging the laborcr
by fair promise of reward in the several
departments and preventing the depletion
of tie rural districts. by the rush TO the
cities, and demonstrating that the prizes i'm
life are nos ail to be gained in the financial
centres OF the country but that every where
industry aud prObity are known and reward
ed II such had been The general practice
ard experience Of those who aim and claim
to be the controlling forces in society. we
should not 50 rarely see the noble and sue
cess.Jl expc 'mcnts Illustrating the mutual
relations Of all these various material in
terests, like that under the hands og shrcwd
and skIilul manager at Winooski. or in the
lumber yards Of this city We should not
so rarely see large districts Of fruitful lands
under high state Of Gu t'vasion Ike tho
farms and orchards of Shelburn Point
where the owners have not invested nj
their savings n socks and bonds As If they
believed them L Ouly sOLrces of larre ana |
sale dividends, bds have ventured to return
to the earth some OF the prof.s Of the ren- |
er0us harvests trey are so constantly re- |
ceIymg. Ii such 4 course had been more I
generally pursued. venture to assert we /
should more rarely sec men OF fortune re- /
dueed to want bytle yillainy OF rcckicssness /
OF man or corporation we should not |
see the business Of the country burdened /
and imperilled by the numerous failures in /
the mercantile line,-the distributive ont |
w g the productive, and striving To |
lead when it must etAnaHy foHor, thus /
iorelng nine-tenths of its yotaries 10 nm /
timely failures and rain; We should more /
rarely see the entire business Of the countrv
thrown into co 1sternation by financial pan- |
ic ,the result o. INSCRIPTIONS speculatious of I
Slgans proportions; We should more rare /
" see whole farms OF rich ard generous /
landS neglected AID sold to pay mortgages /
or prevent 4 foreclosure because of tho b;9,L
rates Of interest paid for speculative mn
poses, thus diyerting the capital of the en-
try from its legitimate channels we sbo1id
more rarely see important enternrisc- 49,
Darrassed and paralyzed by temno-,rv
OF the banks and asking in A.
may Tor the common facilities for obtainin,,
the ready money required TO meet then
current expenses we shodld SEQ not alarm
CONSERVATION and danger, but conr,Ts
and success all over our land
Burlington, Sept. 30, Is73. n