The patron of husbandry. (Columbus, Miss.) 1875-1883, 1881-06-04

The directing or laW-HnahlhS
ruling power of corporations, IS de-
rived from the stockholders and its
sanction of authority is based upon
the will of the stockholders deter
mined by a majority. The mass OF
the people are not sufficiently edu
Gated to allow their lives to be con
troled by an abstract principle.
Therefore their votes, whether cast
! in corporations or state, represent
power. This power is the embodi-
ment of the spirit of their inst,tu-
tons.
| THE SPIRiT OF 60 OPERATIVE COR
PoRATIoNs.
In these corporations the sever-
eiyn power is derived from the
stockholders, on the basis of one cote
fer each member.
Co-oberation is organized oetsea.
controlled By lndivfd&ag representa-
tien-Humant.p."
| This Is popular suffrage-a suf-
frage designed to secure the great
est good for the largest humber"
A suffrsge in harmony with the
spirit of liberty and justice, with
the spirit of the nation.
THE SPIRIT OF JOINT STOCK COR
PoRATIONs.
In these corporations the sover-
eign power is derived from the
stockholders, on the basis of one
cote for eeck STARE of stock.
"Toint stock combination IS CEN
tralized capital, controlled by money
REPRESENTATIVE
This is class suffrage; a suffrage
designed to secure the greatest good
to the smallest number. A suffrage
in harmony with the spirit of slavery
and injustice, with the spirit of a
monarchy,
THE CONTRAST.
Cooperation limits the love OF
| money, by placing the gain of the
/ whole under the control of the
5 largest number of members.
: Joint stock continuation develops
the love of money, by placing the
gain of the whole under the control
of the few.
Cooperation limits "tie love OF
: selfish power" by Growing man
r with sovereign power. The will OF
: It's majority is the will of Humanity
Joint stock continuation develops
| "the love of selfish power" by
: browning the 1dzldr with sovereign
f power: The will of its majority is
E HE will of Mammon.
e Cooperation causes the individ-
ual TO pay homage to the noblel
e power of Humanity, and thus de-
I veIobs all his noblest traits.
TojHt stock continuation causes
] the individual to pay homage to the
t ignoble power of Mammon, and
E thus d7oarTS all his noble traits.
Co-oberatioR, in creating the
c larger man, makes in him every line
c of God-like justice, every trace oil
t Christ-like sympathy more grand
+ and beautiful.
Joint stock confederation, in crea
{ ting the larger man, makes in him
every flaw of tempting evil, every
$ defect of selfshness more apparent
G L ms marks tile fundamental differ
enCe between them, and draws the
f line of distinction so clear that none
=, who think can mistake the one fol
n the other.
0 CAN THERE BE ANY HALF STEI
u BETWEEN THESE TWO KINDS
y OF CORPORATIONS?
MOI.
$ | write this with the full knowl
0 edge that many people are ready tC
+ argue the point, that those who ioir
e themselves together in joint stool
S corporation, knowing that it is con
Il trolled by capital representation
only recognize the legitimate RICH
n of the largest investor to the larges
share in the control OF the affairs @
It the company, and that they do CO
S operate one with the other as full,
: and as truly as do those who joir
+? themselves together in corpora
! ton controlled by individual repre-
: sentation. Is such reasoning logi
! cal, or is it the sophistry of brair
which receives the light Of HEAVIER
! through windows cross barred will
$ the dollar mark?
:, There was time when people
e were so impressed with the divinity
: of king, that they only sought i'm
4 provements by replacing one king
: with another. In those days the
:, laws were made and the people in
J. structed in the interest of royalty
S The mass of men have been Sc
4 busy in gaining freedom Of person
n and freedom of opinion, they have
7 looked but little to the processe:
d by which a more subtle power
e than those from which they sough
: dellverance was gaining contro
), over them.
AS it was with royalty, so it is
with capital, So called. The laws
are made and the people are in.
; structed in the interest of capital
; What wonder is it, then, that they
; flrst sought their financial freedom
by drawing their wages from one
corporation controlled by capital
and investing their savings in an
: other corporation controlled by HUI
manlty? The day came when the
mass of men ceased to believe in
the divinity of kings, then when
they threw off their allegiance to a
KING they crowned themselves.