The Black Hills union. [volume] (Rapid City, Pennington County, Dakota [S.D.]) 1889-1904, 1902-12-05


coal should be removed and anthracite
put actually; where M nov is nominally
be Of service to the people
Interest rates are potent factor in
business activity. and in order that these
rates may be equalized to meet the vary
ing needs Of the seasons and of widely
separated communities and to prevent the
recurrence Of financial stringencies which
injuriously affect legitimate. business, it
is necessary that there should be an ele-
ment of elasticity in our monetary sys-
tem Banks are the natural servants Of
commerce, and upon them should be
placed, as far as practicable, the burden
Of furnishing and maintaining a circula-
ton adequate to supply the needs of our
diversified industries and Of our domestic
and foreign commerce, and the issue Of
this should be SO regulated that suffi-
cient supply should be always available
| for the business interests of the country.
1t would be both unwise and unneces-
sary at this time to attempt to recon-
struct our financial system, which has
additional legislation is, I think, desirable
The mere outline of any plan sufficiently
comprehensive to meet these requirements
Of this communication. 1t is suggested,
however, that all future legislation on the
sh9pd bs BE % Tth the yew of
ties as will automatically supply every
legitimate demand of productive indus
amount, but in the character of circula-
interchangeable and. at the viii Of the
holder, convertible into the established
gold standard.
I again cali your attention to the need
of passing proper immigration law, COW
at 1e sesson IN Of
congress. Substantially such q bill has
already passed the house.
1sow to secure fair treatment alike for
labor and for capital, how to hold In
check the unscrupulous man. whether en-
Individual Initiative, without hamperingg
and cramping the Industrial development
Of 9th the ta9n,,X,, et0nntrX is problem fraught with
the highest Importance to solve on lines
Of sanity and farsighted common sense as
Of Of to the right This
often work through corporatioss, s' and uss as
age sS G is
tons. and these have, become important
kinds Of federation, capitalistic and la bor
coroliary they can both do evil opposi.
take the form Of opposition to Whatever ei is
pad t;ad IN n the ,c conduct Of any given corpora
such for some ' Of the he most a farreaehins ui a
benefcent work for our people has been
acc ninn. through re both corporations
the Fights q others szsdee orsanized eapita Mish
Der, that in the long run the interest OF
each must be brought into harmony with
the interest of the general public, and the
Fundamental rules of obedience to the
law, of individual freedom and Of justice
and fair dealing toward all. Each should
must strive after the realization of
healthy, lofty and generous, ideals. Every
pertyg gnd M rrbi
as he likes with his property or his labor
50 long as he does not infringe upon the
rights Of others ths It is Of the highest i'm.
alike should endeavor to appreciate each
the viewpoint Of the other and the sure
long run If either grows to take as habit
| ,ual an attitude Of sour hostility and dis
trust toward the other. Fvw people de-
resentatives both of capital and labor
and there are many such-who work con-
tinually to bring about a good understand
| upon broad and kindly sympathy between
employers and employed. Above all, we
need to remember that any kind of class
sible, even more wicked. even more de-
tional, race or religious animosity we
ton that we keep true to the principles
upon which this nation was founded and
judge each man not as a part of a class,
we have right to ask of any man, rich
or poor whatever his creed, his occupa-
ton. 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; we are for the up
right man, rich or poor. So far as the
constitutional powers of the national gov
ernment touch these matters Of general
and ahd,,, yitsl al moment moment to the nation they
the principles above set forth .ss. l..
1t is earnestly hoped that a secretary OF
e may Ths se faed Mh ss
questions affecting labor and capital, the
growth and completely Of the organiza-
tai now ana expression the est steady i tend tend
'ency toward the employment of capital in
huge corporations and the wonderful
in the international business % World rify Justify
! such position. Substantially all the
have united in requesting its creation. 1T
ts desirable that some such measure as
that which has already passed the senate
department would in itself be an ad-
| vance toward dealing with and exercising
supervision over the whole subject of the
business. and with this end in view the
congress should endow the department
with large powers which could be in
need. VII "a 55S5% :, ID {}j ,s5
hope soon to submit to the senate a
reciprocity treaty with Cuba. On May %
last the United States kept it's promise to
the island by formally Yacating Cuban soil
and turning Cuba over to those whom her
own people had chosen as the first officials
OF the new republic. fs${4 Il t72s@ I'M .s9S "a
Cuba lies at our doors, and whatever af-
xects her Tor good or for Ill affects us also.
So much have our people felt this that In
the Platt amendment we definitely took
the ground that Cuba must hereafter have
closer political relations with us than with
any other power. Thus in sense Cuba
has become part of our interna tional
political system. Thig makes 1t necessary
that In return she should be given some OF
the benefits of becoming part OF our eco.
nomic system. 1t is,s from our own stand
/ point, q shortsighted and nischievous pol
1 Icy to fan to recognize this need More
! over, 1t is unworthy OF mighty and gem
erous nation, itself the greatest and most
successful republic In history, to refuse to
stretch out q helping hand TO q. young and
weak sister republic just entering upon
/ its career OF Independence. We should al.
4 ways fearleHsly insist upon our rights In
the face OF the strong, and we should with
| ungrndgfng hand do our generous duty
by the weak. urge the adoption of reef
i proc4tys with Cuba not only because 1t Is
1 endinentiy for our own interests to control
the Cuban market and by every means tc
i foster our supremacy In the tropical lands
and waters south of us, but also because
i of f7A giant renuhIfns f1f IA north