The Durham daily globe. (Durham, N.C.) 1889-1894, 1894-02-24
JONES On EI\.AECiS.
Ee Discusses the Labor and Capt.
tai Problem at Length.
a Hard Pull, 3 Long Pull and Pull
Altogether VIII Solve ANY Prob
lem and Conquer ANY
Difficulty.

industrial conditions of our country.
The average writer can write some
thing about almost anything. This
subject, involving as il does, capital
and labor, mind and muscle. is one
over which, philosophers, and states
men have puzzled their brains, and as
yet, failed to carry US to wise co-Icl0-
siOns.
This question, involving our Rail
Roads. our varied manufacturers. our
agricultural and mining interests and
so on, is too broad to compass, and too
intricate to explain.
Partial paralysis seems to have taken
possession OF all these industries. The
lack Of traffic with Rail Roads, the
lack of orders with manufactures, the
lack of demand for the produce OF
/ farmers and miners are on the one
side. and the lack Of money on the
! other side, has turned the great flow
| ing river into sluggish bayou, and
| from every quarter IS heard the cry,
stagnation. stagnatjon.
| Some Of our wisest men attribute the
present conditions in the industrial
world to the money panic, started by
! the failure Of the Barring Bros. nearly
! two wears ago. Others attribute it to
Wall street, and the fnanciers Of New
York City clamoring for bonds, and
thereby precipitating the panic: 9th
ers say that the gold buggery and sill
yer diggery discussions produced 1T.
Others say the tinl1ering with the tariff
| has done it. Others say it's Over-pro-
duction along all the lines Of industrial
life.
Who is right in their diagnosis? At
the Tower of Babel, with all its contu-
sion of tongues. there was no more con-
fusion than there is among the wise
men. as they seek to expOund the
causes of our present industrial
troubles.
The want of demand all along the
line, both for labor and for the pro-
ducts of labor, is heartrending to him
who has a heart. The deserted and
silent manufactures, rusting and cank-
erinC. while idle labor is talking and
aritating, the stiffness of the one and
| the cOrnmOtiOn in the ranks of the
other. precipitates a problem that can
onlv be solved by the starting of the
ore. which will quiet the other.
That capital has suffered, every man
sees who has an eye to look upon the
unparallelled shrinkage in stocks and
honls. in real estate, in goods and chat
+les-almost one-half. AS we go
+hr0rDh the list, we find that the cap
ital of the capitalist has melted away.
There was not good understanding
between capital and labor when both
were prosperous. The present condi-
tons of things have brought about no
more kindly relations.
The golden rule conscientiously
adopted and practiced DO unto 9TH
ers as YOU would be done by" offers
the only solution to the problems Of
the day. There never was a time in
the history Of man when every capital
ist ought to be philanthropist and
every laborer benefactor, more than
now.
It is not true of the laborlng, as it
was with Pat some years ago, when
his neighber prOtfered to get him
work" Faith, ''hc says" it is not work
want, its wages" Men want work
and need work as bad as they want
and need wages.
The father and husband walks out Of
=
morning. searches of work all day,
comes back to his home at night hav-
ing accomplished nothing, sits down
to his supper table and sees the scanty
meal disappear to satisfy the hunger
of his loved ones, and knows that to-
\ morrow will be but repetition Of to-
DAVIS experience. until the wolf shall
finally take possession of his home.
, The stoutest heart, the steadiest nerve,
the most resolute will, will sooner or
later succumb to the situation and drive
him to despair.
Relief societies have done much and
NAV do more for the poor and suffer
ing, but nothing can minister to the
' mind. and satisfy the manhood except
employment.
On the other hand. the capitalist who
c looks upon his idle mills and mines, on
: his railroad trains empty: the farmer
who sees his fields and stock with nc
demand for his products unless ii be al
a price less than the cost of production
-shrinkage and paralysis on all sides
is as morose and unhappy as the la
borer without work.
have talked much with the capital
b as unhappy over the situation as the
. other. and one will do as much as the
). other to bring about revival in the
industrial world, and start the ball {
rolling.
It is true in every disaster that wo
a men and children, with their want:
e and woes, march in the procession. Gu
of the silent shops, the deserted mines
the empty trains, there Is a noise
louder than the rattle Of machinery
e the roar OF the train, and the rumblinE
Y of the mines. and it will be heard-th,
& CRY for bread, the demand for susie
nance.
1t seems to my mind that the only
e solution Of these problems lies, lst-
: in the vase and early settlement OF al
e monetary and tariff questions by con
gress: 2nd-in conventions OF tn
boards Of trade of all the states will
), wise discussions and just conclusions