The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1874-01-08
The Eternity Of Capital In ItsEaects
UpOn Society.
To the Raitor1 81 10 OhIeago Ttlbun0.

|
Opoh sCcle.y.
40 tne Aaitots Of inc ohiaGo tribune
sm:-In my letter on "Capltal and In
terest," published In your paper January
1St, I considered the eternity Of canital
,0,r,,o,,. - ,oo,o,. - ~" 49, -,
iNJIiou. !" So0'e'y' III In'S ie1'er VIII
explain II.
A father, for instance, gives his eldest
son steam engine worth $1,000, and his
second son $4,000 In cash. The latter
lends bis money out OF 10 per cent simple
interest, and the first rents his machine
ior $3.50 . year, which, under sharp COM
petition, 70 high rent q It g lSt per cent
intefesi on hip MONEY. Now which 81
the -twosons WIN WIN on the long runs =
AZ the end Of ten yeats the steam engine
VIII be worn out and all ne owner OF e
has q thpt tins 81 $50, HMlaathe capis
tailSt mas $4OOO, although the first re-
ceiVed lsi per cent Ind the latter only, 10
per cent This ldemoustratea how lih4
portant the duration Of capital 10. TITS,
therefore, not surprising at oil that we
nave so many millionairesi while the
working society fenalns about In the
same position. Without any outlay
whatever, a capitalist lends out his re-
ceiyed interest, and II comes back, In ten
1 III nl.ee yests sI ae aoagse ln quantity
tHssssSa X nv y. y .lSgyUOV y u w
Il an eternal doIlSr. 1, Jon't ae, 49, az, SUi aaS
need moi he reniscsd hv n rs1S oro The
via;h,e o;,vsr Spii"r "a ri, the o o ~ ~.
inyisible eternal canitSI doiiSr and that
Coat NAV wear ont = hnnSred times bnt
Inc ' ~ ~
CAPITAL DOLLAR NEVER WILL.
T. ,,.,,,,... - 49,, 80 Ii, al i. go,
i u . mliliIn OF years VIC VIII nnu II rest
4esSi u9uDuDg i!seni l., u..
A.. havl1g zen 'nHt !! u 1ne e1etnaI uura'
ion u S OapiISi, Mnicn 10 aPPneu 20 u Dy
W. 49,, soc'A agreement, Wnlcn ieaas 70
:. J., n'SS Uny, W. WI now see now lts pow
81 = ~ ps ~ uaIger9us 70 sociey.
q, 10y ooo ~ uPPogss InaI, 10 Slty IKE ours
I ,yVvv Hi y ienI out weekly on interest,
T y. a. ~ squat SUN HAen IN py capiale@,
.s es sn, mn III IN Without interrupnon ior
,SatS, S1s.Ii W sone eVens, inc capitalists
sss.s saaeshiy aIatmea, eno leellng sas,
1872, lt al.l iLom lsnulIg GUY Io[ tnlEty
lS, S Uut aeep On WlSn taxing IN he in
he The D resnI tP ~ ~ a n Sus. WHAT Will
,uoH Az WE u,vr WON n, oovr r,,no,,,,
-. yET. en-. '>N 7'' - --.'' Nv :
,,oud ain :, -. -
\, s'a ..aS' .! Host eYeiy business. teo' |
..e nsy want '1nIS ana mat, Out theyl
iH .oa ~ 9oney l9eir consuming power
. .eu u 70 Dteao anas lneiss Eactosiea I
= s s' anu tns Wg W.T. 4ls y lole isuI
Il ;n o0 nv ,yInS ~ sne ssie u unproduc.
,iySI sHs Ssp s.L muSt, al!er all puqout
All saS, WIN lalS ssnosncY business
md every trade Il liveiv AND ,,c,,s,, , ,Ta
y. Spectators find a field again 70 op.
rate; but the consequence OF their oper.
Ition isthe beginning OF new panie.gl Bl
Desire to obtain and fear 10 BOB e
hese two powers are taking alternate
possession Of the hearts OF the capitalists.
md set the great producing machine 10
work, and stop Ii, The entire working
Iociety-employes, employ efs and store. 4
keepers-is Altogether a oowerless bodv K
md will yery likely get helpless altoretS. Il
r.. Our Victorious. eternal capital will
ind must, with It's financial panics
nvap,nv Avn rporpov .ooT,nv Il
md itself with il. H