New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-02-15
THE BIBLE OF SOCIALISM.
MARKS" PLACE IN THE IDEALS OF A
NEW SOCIETY
THE POWER OF AGGREGATED CAPITAL Is
CHECKED By SPECIALIZED FACULTIES.
THAT ARE BEING DEVELOPED

IN INDIVIDUALS"
The seventh lecture in the Ideals Of
New Society" which John Graham Brooks Is
giving on Monday mornings before the League for
Political Education. was delivered yesterday morn
Ing In the Mendessohn Gee Club Hall. The sub
iect was Marx" whose teachings. the lecturer
said, constitute the Bible OF Socialism. The main
points OF his philosophy were given as follows:
THAT the economic value Of articles OF mer-
chandise should be determined by the labor re-
Quired to produce them.
That the competitive forces OF society would. IN
time work fercely against each other that some
kind OF operation would have TO be resorted TO
to prevent their becoming absolutely destructive.
and that the interests OF the entire laborng world
sThe frat Of these theories" the speaker said'
has been entirely dscredited 1t has been clearly
shown that economic want must determine the
value Of thing. and not the work that goes into H.
The second has been justified by events; but
though Marx foresaW clearly the present tendency
OF capital to combine Its forces. he did not see any
of the modifying influences that have come into
existence along with this tendency.
THE power Of aggregated capital is checked,
said the speaker. by the great and extremely
specialized faculties that being developed more
and more IN individuals. Thus. ribbon store mas
been known flourish under the shadow OF a great
department store just because the proprietor knew
better what the public wanted I'm the way OF rib
bons than any one In the big store did In the
same way the factory system is being modified by
the Industrial capacity to throw power 10 any dis-
lance This is having the effect Of bringing many
Industries back into the homo. and may lead to
an entirely new form OF the factory proDieIn
In his doctrine Of the solidarity OF the wage
earning world Mr. Brooks maintained that MARX
was partly right and partly WRONG. NAT the
whole body OF workngmen have common interests
f. one OF the greatest faacies OF the Marx phIloso
pny" he said He divided the word INTO Two
hostile classes and believed that the preach pc
tween them must be constantly wldened oy the
action OF economic law. AS a matter OF iact, tile
strongest antagonisms exist between groups on the
same eide OF the line The worst enemy OF organ
,zed LABOR is unorganized labor and the latter con
stitutes about 50 per cent or the wase-ed i mus
world In this does the distance between CLASSES
seem TO be widening on the Whole, they pioD
ably come nearer together now. in spite OIL me eA
tremes OF wealth and poverty, than ever oeiole'
The separation may be more Sharply leIt on &c.
count Of the diffusion of education. but IL is not
increasing" ,, - LIE -ococ,fors on
Carman dignit9ries in the lecture on itassalie,
Mir brooks read an extract from one OF ther Jaws
against Soca lists and also manifesto OF sNs,
exiled Socialists urging their countrymen 10 nsn ~
Tor their rights within the laws. and ABOVE al
. things, to keep the peace