The record-union., 1893-06-22

another form of declaring the value of
cooperation.
1T Is the cooperative relation of capi-
tai which gives it it's power, and
the illustration is full of significance
to the laboring classes. The labor of a
single individual possesses but a small
part of the wealth-producing capacity
which would inure to it if it were asso-
ciated with the labor of hundred indi-
vlduals into cooperative relation under
intelligent direction. The non-capitalist
classes have perceived the introactive
value of each dollar when large sums are
aggregated into active capital They
should clearly perceive the significance
OF this fact to be a vindication of the value
OF cooperative effort. There is no under
taking, however great, which may not be
undertaken If labor sufficient for its
accomplishment is brought into co-opera-
tive relation, particularly if that relation
be actively organized and under wise and
judicious direction.
Capital being the product of labor,
think l have already said, the aggrega-
ton of labor is the exact equivalent of
capital. The productive capacity in an
Individual is his capital. The skill in
handicraft, or educated perceptions and
faculties, augment the worth of men in a
financial aspect. The individual who can
earn So per day by reason of his sintelligonce
or skill is worth more by the processes
OF capitalization than the individual who
can earn but one-half or one-hfth Of that
sum. Therefore, aggregate large num-
Der OF individuals who possess that
species of capital, which for convenience
we have called wealth producing capac-
lty, and you have at once aggregated
wealth and associated capital for such
aggregation could command the neces-
sary capital, and since all wealth is the
product of labor, the possession of a
labor capacity is equal to the accomplish
ment OF the most gigantic enterprises.
10 a superficial consideration of the
subject, capital seems to possess an ad-
vantage over labor, but the conclusions
from such superficial observations are
erroneous. Produce in the minds of the
laboring classes the same facility for
combining their labor that exists in the
minds of capitalists. and labor would be-
SANA@NAJ AAANAO OPOAiNOl4G VA ChDlltbIs IL
would sustain a relation to capital of per-
feet independence. The raw material to
which skill and labor is added in the
manufacture of wares Is of itself a
| product of labor. Suppose there is
cooperation in the product of this
raw material, then one cooperative
relation would strengthen another, and
| there would be perfect interdependence
and at the same time a perfect independ-
ence of capital. In condition of society
and under industrial organization which
places labor completely at the mercy of
capital the accumulations will necessa-
rlly be rapid, and an unequal distribu-
| ton OF wealth is at once observable. This
tendency would be carried to the utmost
extreme, until eventually the largest
accumulations of capital would not only
subordinate labor, but would override
| smaller aggregations. The one remedy
| for this tendency, which to all appear
ances has been eradicable from indus
trial systems, is the cooperation and in
telligent direction of labor. That this
remedy has not been seized upon and
| adopted by the masses of laboring men is
! due wholly to the inadequacy of educa-
| tional systems.
Great social principles and social
| forces are availed of by men only after an
| intelligent perception of their value. 1t
will be the aim of the university to edu-
cate those who come within it's atmos-
| phere in the direction of cooperation.
Many experiments in this direction have
been made, and whatever of failure has
| attended them has been due to the i'm
perfections of educated faculties. The
operation of the cooperative principle in
the performance of the labor of the world
requires an educated perception of its
value; the special formation of character
adapted to such new relation, and the
| requirement of that degree of intelligence
which confers upon individual character
an adaptability to this new relation. 1t
! will be the leading aim of the university
| to form the character and the perception
of its industrial students into that fitness
wherein associated effort will be the nat
ural and pleasurable result of their in
dustrial career.
1--WE have then three great leading OBJ
! jects of the university: First, education.
with the object of enhancing the product
i've capacity of men equally with their
intellectual culture.
Second, the conservation of the great
doctrines of inalienable right in the citi-
zen as the corner stone of just govern
| ment.
Third, the independence of capital
and the self-employment of fnon-capitalist
classes, by such system of instruction as
will tend to the establishment of CO.
operative effort in the industrial systems
of the future.
"While these distinctive objects con-
stitute perhaps the most striking features
| of distinctlveness which will be charac.
teristic of this university, it is by nc
means the design to deprive any student
of that refinement of culture which it has
been in all time the object of the higher
education to confer. All culture exer-
cises a refining influence upon the char
acter, and, to my mind, the apprehension
that some have pretended to entertain
that closer union between the objects OF
university education and the occupations
to be followed in after life, will deprive
the graduate of any element of personal
refinement or finish of scholarship is not
well founded"
Personal biography and the history Of
the times in which the subject Of bio
graphical writing has attracted large
share of public attention or filled a con.
spicuous place in the events of his time
are necessarily introactive. There are
times in the affairs of nations unmarked
by strong moral. intellectual or religious
movements. Such times are not prolific
of the heroes of history, and yet in these
/ rnnrinds cnf E.arnnsa issl1n