The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1903-08-22
DISTINGUISHED
LAWYERS MEET,
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LnulluU uLlIl
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labor union Is destructive. not construo-
tive. i.g.f.
The labor union Is like an army which
encamps before the walls OF a city, and
sends message to It's Inhabitants, "Di-
vide with US your gold. or wo will batter
down your walls, Kill your men. and pos
sess ourselves OF your women and your
SOIL After this snail have been done.
there will be less for ell, but more for
the invading foe. So with labor unions.
and. therefore,, say their central purpose
Is militant. I'D
The corporation conserves life by Great
Ing yalues,>bu the LABOR UNION destroys
uIe Dy destroying vuluesj but It uues
this In order THAT greater values may be
conserved. because Il strike, that Is. leH.-
innate Strike, rresupposes that the EN-:
ployes are not receiving #sutlc!ent wages.
II TINS unfair distribution OF the protts
contInues. the lie OF the laborers must
grow less and less, and death must final
~ result. They and the employer are but
parts OF & whole, part OF the industrial
system. Injury to one IL injury to TIE
wAUle ao truly and certainly as injury to
the heart IL injury to the brain. In o.
der that the whole may thrive. each part
a FL
Again, II all employers would give to
their employees q fair share OF profits. ii
they would voluntarily pay fair wages.
there would be no legitimate reason for
as business was conducted by individuals.
Iaborers could, without the formal. on OF
unions. protect themselves fairly we'll from
unjust decrease OF WageG. We see the
opera lions. These are conducted almost
entirely by individuals on small scale.
and It ii seldom that farm hands find It
necessary to unite n order to secure Just
returns for their labor.
But human nature La selfish. and cor
porauons especially so. because managed
by employees. who wish to further their
own ends by making the last dollar for
their employers. and hence we find con-
slant tendency and EFFORT to reduce wages
to the lowest possible point.
Hence the necessity for labor unions:
and this necessity will continue until man
comes to look upon himself as an az
can attain perfection until the whole Is
perfected. that none can climb to the
pinnacle OF happiness. without, taking all
others with him, and that the highest
strip his neighbors in either worldly pos
sessions or moral attributes as to leave
an unbridgable gap between but while
keeping above the average II he can, to
ever and ever lend his neishbors help-
along with him to the Anal goal.
TIE BENEFITS OF TRUSTS.
The chief benefits Of trusts are + the fol-
able to accomplish large undertakings.
which individuals, or small corporations
could not possibly accomplish. This needs
nSdason FIT Ihf eS 90
ways. the Chief Of which Is due toathe
division Of labor. This principle Is ia
miliar to all economists. but trusts have
carried It step beyond previous s organ IN
the reguIative department OF their con-
Germs, as we'll as extended 1t In the opera
tive and labor departments,
Again the trust being large q tac con Z
at wholesale prices, which further reduces
the cost Of production.
So, too, the trust is able to buy the best
and most improved maeh hnerSa ana 1 II u
sum and gets 1t at a lower rate than the
borrower OF small, sums. For these and
other reasons It can produce cheaper than
Sd. The trust has better opportunity
than an individual to regulate Its, output
so rs not to produce over-productlon.
4th Trusts DO much toward pfeseht Eng
suicidal mon mas theu thas a e%
Nat many may never, in saying that
t thn Is q, benefit to humanity. g.
I When 1t is said that 'competltion IS
the life Of trade Is assnneo, .al 1 s1m
Is eeo,mnpetitien? It comes from the Latin
competere, to SEEK and means the act
of seeking, or endeayoring to gain what
another Is enaeavogrlns tho 70 s ga object
s suri tor for superiority; emulous contest,
Etc." When does this strife In business
arise? Only when the supply Is either
Or less h hhs Tue tns 10 i
s, ND supply for ali things will exactly bal
ance and where there Is no competition
among either buyers or ey se!let r. based non
the Assumption that all services, TO use a
T IaGaaef for rsf Il thes have not then could
Mt knoGx Their eo Xau not u asssrt In s sns
more thar than the real value.
deny tat yalo " q aaa ansef and
aa tS feq to d thS R tho Hprncpe q
s ssryess are BIT forms Of force, ana tie
value Of each depends radfT y e up9hh the
perr y o Is Fight In n asserting that value
does not depend Wholly upon ipp6n lanor lex eXt
pended yet the Englih sf herep Is pigh is
.nartiv right that It depends on labor,
Ana now let us sue II we cannot re-
concle these conflicting views, 49,
pi nanp' DEFENDS on on tie abssnee Of pain
a ans nresence of pleasure. The value OF
as Service th erefore. depends IN part upon
It's ability to give pleas.uIrI,e,,v s wt,o, ,o,,,
no Value, Thus light and and air have No
to produce pleasure is not the only only dual,
MI must be sometilpg which. cannot be OBJ
tained free Of effort. before II can be
said 10 have value, Therefore. "A th'ng
has not value unless y n, has u ability to