The home journal. (Winchester, Tenn.) 1858-188?, 1876-07-20
For the Home JournaLl
Tie CUAIict between Labor and
Capital.

CTuLS, anu lIoHi l'Int UNIV 10 lll5 llGy
have been the plunderers of the ma,
tons OF the earth.
The leading governments Of the civ
ilized world, almost without an excep-
ton, are controlled By capitalists, and
their interest ia directly in conflict
with the general welfare.
Wayland, in his work on Political
Economy, calls attention to the fact
that capitalists are far more anxious
to loan their money. to the Govern
ment for q long period OF time at q
low rate Of interest than they are to
loan it to private individuals for n
short period ut a high rate. And this
IS SO, says he, because the risk OF
losing II is not so great and because
it is very difficult to keep their money
constantly employed when they rely
exclusively upon loanlug it, on good
security, to private individuals, 1t is
their interest, therefore, rs they wish
to avoid the trouble and anxiety Of an
active business life, to create a demand
for it on the part of the government,
IL the nation is out of debt and at
peace with all the world, the capitalists
of the country are compelled to invest
their capital in enterprises involving
the employment OF labor in order to
make n profit and pay their taxes. and
thus the wealth Of the nation is distrib
uted among all classes, causing the
hearts Of the people to rejoice. But
" the great conflict between labor aud
capital, under free competition, has ever
been how the earn!ngs'of labor shall be
divided between them" And q more
effective scheme has never been invented
by which to give all the profits Of labor
to capital than that of creating a stupcn.
dous interest bearing public debt, and
exempting the capital invested in bonds
from taxation. Capitalists, therefore,
are the natural enemies of republican
institutions, the promoters Of war, the
creators Of f4nded debts, .tac plumber
crs Of the people, and the demoralizers
of the country. The purpose whica
they are ever seeking to accomplish is
to invest their money in Government
securities. Hence, they struggle in
ccssantly to get control of the Gov
crnment. When this is done, this
agent Of tlleirs, at their instigation, &C
cuscs some other Government Of per-
fdy, intrigue and ambition, in order to
inilame the passions Of the people and
bring about hostilities. OF course,
war cannot be carried on without
money and now, having created a de-
mand for it, capitalists make what
terms they please with their agent, the
government and the farmers, mechan.
les and laDOrers of the country are Or
ganizcd into armies and sent out to
fight great battles with the farmers,
mechanics and laborers of the other
country, against whom personally they
entertain no animosity whatever, and
the war continues until the money Of
the capitalists is invested in govern
mont securities and the triumph of cap.
ltal over labor is complete.
Al u lCtlNIc NSllNtTc'l III lOSlOu III
January, 1856, Robert Toombs, Of.
Georgia, said:
SIN the Old World the conflict of
capital with the lower grades of labor
has long since ceased. There the
compensation of unskillcd labor, which
first Succumbs to capital, is reduced to
a point scarcely adequate to the con
tinuance Of the race. The rate of in
crease is scarcely one per cent. per an
mum, and even az that rate, population,
unit! recently, was considered a curse
in short, capital has become the mas
.cr Of labor with all tue benefits, with.
'ut the natural burdens of the relation.
4 Lord Ashley's report to the
British Parliament shows that in the
Of that empire, perhaps with:
II hearing of Stafford House and Exc
er Hall, hunger alone daily drives
thousands Of men and women into the
of crime"
This, however, has been the condi.
of Europe for a long period.
u mug, boDlcS ANU pIlcSlS VI
said Jeifcrsonin a letter from
Paris in 1856, "are. an abandoned con.
ederacy against the happiness of the
Notwithstanding the finest
upon earth, the finest climate I'm.
Ter heaven, and a people of the most
benevolent, the most gay and amiable
character OF which the human form is
susceptible the people of France, sur I
ounded by so many blessings from ,
'ature, are loaded with misery by
lngs, mobiles and priests, and by them i
lone. u | am convinced =
those societies as the Indians)
Inch live without government. enjoy
| their general mass an infinitely .
degree of happiness than those l
no live under the European Govern
tents. Among the former, public p
pinion is in the place of law, and re-
rains morals rs powerfully as laws
yer did anywhere. Among the latter, :
lder pretencc of government, they
I'VE divided their. nations into two
asses, wolves and sheep. | do not
.iaggerate. This is a true picture Of b
urope. Cherish, therefore, the spirit 5,
our people, and keep alive their at 1
Do not be too severe on their
rors, but reclaim them by enlighten- :
6 them. If once they become mat.
ntive to public affairs, you and |, and
Dngress, and Assemblies, Judges and ~.
overnors, shall all become wolves. IL,
seems to be tue law of our general n,