New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1894-08-08

Iut"iy Indispensable in useful public
works. as it requires extensive capital to
! conduct successfully public enterprises
which benefit large sections Of country
and which can be accomplished only by
! the corporate combinations of accumul-
ated wealth.
THE whole body of the y. r. L.
! cou!'lnt run the railroads of the United
States for one WI elk without appealing
I" capital for help" impressively said
I the statesman. lust as continuing, lin
the same sense the whole of the capital
, of tie country could not conduct the
affairs cf commerce for one dav without
the help and cooperation of great bod
ies of men.
"Neither can prosper without the
other. Their relations should be amiable,
because they are interdependent; neither
can exist without the other.''
lis compulsory arbitration practical
and just Mr.. Edmunds:''
This was the significant answer: Com
pulsory arbitration is neither particable
ner just. is aviolation of the, fundamental
principle that gives every man the liber-
ry to choose his own occupation and to be
free to decide whom to employ or by
whom he shall he employed. The no.
lion of cocrcing 100000 men to 60 to
work fer Pullman or the railroads as the
result and in consequence of the opinion,
judgment and decision of board of ar
bitrati"n that it ought to le done is ab-
surd. 1t is ridiculous, and if power
enough could be secured and brought to
bear to effect i: we should have reached
a state Of slavery. And if, on the other
hand, the boards decision was in favor
of the 100000 men and the employer
could be coerced into taking them back
to his employ upoa terms forced upon
him by the board then their would be an
unheard of accumulation of bankrupt
cics, then chaos. No one can picture or
describe the situation that the commerce
and trade and society of the country
would be in
"What about third party talk and
effecting these ends by the ballot?'
"When any single question is pending
there are only two sides to it. A third
party would have to expend its force in
favor Of either one or the other of those
sides. This, we See, often happens IN
Legislative assemblies,and the more near
ly equally balanced the two principal
opposing forces are the easier for the
third force to carry any measure. If the
Peoples party and labor unions combined
and were able to elect a congress and
president they could then try to make
laws such as they desire; then they could
take up and decide directly by result the
good or otherwise that is in them. They
could make fiat money, with which it
has been the universal experience of
apparent prosperity and sudden and
most disastrous collapse, in which event
chief gamers are always those who are
able to take advantage of the people.
II should advise the workingmen to
vote for the highest protective tariff he
can get and such financial Legislation as
will put gold and silver on parity as to
the coin of the country, and make all
paper money at all times redeemable in
that coin."
r '.What do you believe will be the out
:. come of the present industrial disturb
ance2
J. s.That is problematical, but it should
) result in return of good sense and good
feeling among all honest workingmen
and honest employers-l Il should prove to
J, have been the incentive to an endeaver