Durango semi-weekly herald., 1902-12-04

o. the season and OF widely Separated
communi,4os aud to prevent tLe re-
| currences OF financial stringencies
which injuriously affect legitimate
business. II is necessary that there
should be an element OF elasticity in
our monetary system. Banks are the
natural saving OF the commerce. and
upon them should be placed as far
as practicable the burden of furnish
Ing and maintaining a circulation ade.
quate to supply the needs of our do
tnestic and foreign commerce and the
issue of this should be so regulated
that sufficient supply should always
be available for the business interests
of the country. 1t would be both un-
wise and unnecessary at this time
10 attempt to reconstruct our anan-
aial system which has been the
growth of century. hut some addi-
ional Legislation think desirable
How to secure fair treatment, alike
for labor and for capital, how to hold
In check the INSCRIPTIONS man wheth-
er employer or empioye without
awakening individual initiative.
without hampering and cramp.
ing the industrial development
Of the country, is problem fraught
with great difficulties and one which is
of the highest Importance to solve on
lines of sanity and far--sighted com
mon sense. as well as devotion to the
light. This is era of federation
aud combination. 1t is exactly as
business men find they must often
work through corporations to grow
large. so 1t is often necessary for
laboring men to work In declarations,
aud these have become important fac
'ors of modern Industrial life. Both
kinds of federations. capitalistic and
labor, can do much good. and as n ne
"essary corollary they can both do
evil. Opposition to each kind of or
"anization would take the form Of op-
posit'on TO whatever is bad In the con.
duct of given corporation or union
not of attacks upon corporations as
such. nor upon unions as such; for
some Of the most far-reaching benef-
cent work for our people has been nc
"omplished through both corporations
and unions. Each must refrain from
arbitrary or tvrannous Interference
with the rights OF others. Organized
capital and organized labor alike
should remember that in the long run
the interests of each must be brought
into harmony with the interests of
the general public. and the conduct of
each must conform to the fundamen-
'ol rule obedience to the law. of indi.
vidual freedom. and of Justice and of
fntr dealing toward all Each should
remember that IN addition to power. It
must strive after the realization of
healthy, lofty and generous ideals.
Every employer. every wage worker,
must be guaranteed his liberty and
his rights to do as he l!kes with his
property and his labor 30 long as he
aoes not infringe upon the rights of
others. It is of the highest import
ance that the employer and employees
alike should endeavor TO appreciate.
each the view point of the other and
the sure disaster that Will come upon
both in the long run. II either grows
to take as habitual an attitude OF sour
hostility and disgust toward the 9TH
er. Few people deserve better of the
country than those representatives
both of capital and labor-and there
are many such-who work continually
to bring about a good understanding
of this kind, based upon wisdom and
upon broad and kindly sympathy be-
ween employers and employed. Above
all we need to remember that any
kind of class animosity In the political
world Is II possible, even mora wick.
ed, even more destructive to q na, IN
nj welfare, than sectional race, or re
ligious animosity. We can get good
government only upon condition that
we keep towards the principles upon
which this nation was founded and
Judge each man not as a part OF
class, but upon his Individual merits.
All that we have right to ask OF any
man. rich or poor, whatever his creed,
his occupation, his birthplace. or his
residence. is that he shall act well and
honorably by his neighbor and by his
country. We are neither for the rich
man, as such. nor for the poor man
as such; but we are for the upright
man. rich or poor. So far as the con-
stitutional powers OF the national
general and vital moment to the ma
tion, they should be exercised In con-
formity with the principles above set
forth.