New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-19
ETHICAL BASIS OF TRUSTS
PRESIDENT FAUNCE OF BROWN UNIvER-
sITY SPEAKS AT COOPER UNION.
EDWARD MARKHAM READS A POEM EN-.

EDWARD MARKHAM READS A POEM EN-
TITLED THE END OF THE CENTURY"
We know at last the future is secure,
God is descending from Eternity,
And NIL things good and evil build the road.
Yea, down in the thick of things the men
of greed
Are humping the inhospitabIe clay.
BY wOndrous tolls, the without the
Led by a Somethfng unawares,
are laying the foundations of the Dreams
The Kingdom of Fraternity foretOId.
be still. Soul! the future is secure,
For one is Knocking at the gate of life,
The Social Man, the ruler of the sphere.
And In his brain he hears the Golden Law,
And In his heart n mustc-in his feet
The free unselnsh service of the State.
hasten, men! make ready with glad hands
Chapels of worship. chambers of repose.
Spread the white table of Fraternity;
The high JOY faIters till the Great Guest
The above stanzas were the last ones of a poem
entitled 1.-THE End OF the Century" read by Ed
ward Markham at Cooper Union last evening.
The hall filed with an audience gathered to
hear discussion the ethical basis of industrial
organization 1t was the first of series of meet
ngs TO be held this week by the Peoples Institute
In cooperation with Cooper Union. Professor
Charles sprague Smith presided and read a letter
from Felix Adler, who had been announced
of the speakers, but who compelled to leave
the city day two ago. Herbert Arnold then
followed
Mr.. Markham heartily cheered and
called. the audience demanding the reading of The
Man With the Hoe" to which he responded.
, DR.. FAUNCE ON HUMAN BROTHERHOOD.
Dr. w. H. P. Faunce. president of Brown Uni
versty, the principal speaker of the evening.
then introduced. He began by saying that Liberty,
Equality and Fraternity three famous watch
words, often abused and perverted, still oftener
misunderstood, but nevertheless carrying at the
heart Of them mighty truth.
I'm order that may study the human brother
hood more closely" he said, II want consider
with you four men-the with the hoe, the
man with a pen the man with purse and the
man with idea. The with the hoe has been
immortalized by Millet. Hoeng has always been
done by one, but 1t should be done so that
the man with the hoe may know how others have
done their work. and how he may best do his; that
he may be strengthened not weakened, by his toll;
that he may realize that he is sharing in the great
and noble movement of humanity for the cultiva-
ton of the soil; that he may go out at the end of
his days toll to a dwelling which, however hum
ble is home, and there find solace for trial and
hope for Tomorrow The great question
what people could do for the with the hoe,
but what they could enable him to do for himself
Without the labor of the with the hoe. all
the other labor of the world would cease, and to
lift that lonely toiler lift the world"
The man with a pen, the speaker said, like
wise toiling in the service of the world. Without
him all the great thoughts and inspirations of the
world would die almost as soon as spoken. No
laborer ever toiled harder than Sir Walter Scott.
under the pressure of awful debt. No coolie in
the South Sea Islands labored assidu-
ously than Robert Louis Stevenson The word toiler
was abused, If applied to the farmer and refused
to men Of this class Every poor mans cottage
to-day beautiful because John Ruskin
lived. Lincoln only exchanged old tools for new
ones when he laid down the axe and took up the
pen, and wrote words which could never die. Cheap
fiction and cheap journalism were all around but
would count among them the men who were toll
ing at the desk in sincerity and truth uttering the
message Of righteousness to the of all the
world.
The with a purse type, DIR. Faunce
said whom people could readily discern. The ques-
ton was. what he doing with it? If he was
using It the mere minister of luxury and per-
sona qualification, then he was man without
conscience, and foe to the society which had
made his purse possible. If he was using 1t a
trustee, believing that God and man had called him
take charge of what he surrender.
then he might be another Peter Cooper. The man
with purse might be either a blessing a blight
to the community The cynical, selfish a
positive loss to the world. and the longer the purse
he held the larger damage he could and did nf1ict
The greater his ability. the off all people
for his presence, and the larger the fortune
he left behind, the poorer the world would be for
his life
The man with an idea was one that could not
be readily portrayed. but behind purse pen and
hoe lay the idea, the vision, Every mans work
was valuable just In proportion 1t mixed
with ideas. Unintegent labor simply do ged
material and defaced the beauty of the v orld.
People should then value the with the idea.
1t might not be their idea but let him have
chance TO express II.
A LETTER FROM DR. HEBER NEWTON.
Professor Smith then read a letter from DIR.
Heber Newton, which as follows:
I do quite understand the fitting of the sub
ject but take It to mean what is popularity known
as The Trust" can put my thoughts on this
ulation of this business world by great guilds
broke down by its weight. Then followed
of the nineteenth century OF pure indivIduaiism,
of almost unchecked competition This in turn is
been necessary, In this natural movement of So
centration and ACKNOWLEDGEMENT and regulation of
the business world. Labor organizes. capital
an labor M6 few dss we and 6afe %
monster development of the corporation and the
of the development of the trust indicates a sub
stantial service TO be rendered by this organization
ful person The evils of competition' are done
| away with The regulation of production is
sured.
! There need not be hereafter over supply as we
call 1t, followed by the clogging of the industrial
mics are possible. higher skill in management is
developed A host of benehcences are made pos
! sble On the other hand. great dangers attend
| this development. These dangers are plain enough
| to every thoughtful man. Unless labor organ
| the mercy of capital than ever. Hosts of men will
| be thrown out of employment. The market being
up Taxation beyond the dream OF the past car
be laid by private hands upon the whole
aggregated capital corrupt and debauch our
| city councils, legislatures, our Congress An
eminent, is growing in our midst irresponsible
auIocrauc, wellnlBh omnipotent. and 1t must be