Omaha daily bee., 1903-05-15
DUTIES OF THE CAPITALISTS
Massachusetts, Man Points Out RESPONSE
bilities of Organised Wealth
BOTH SIDES OF LABOR oUEsTIoNKT FAUL'
American Social Science Association
Listens to Prominent Speak
ers on the Labor
Topic.

BOSTON, May N-The general meetings
of 1908 OF the American Social Science as
ISOLATION began here today. The program
covers sessions Including Saturday morn
ing and the discussions scheduled are:
Thursday, Social Economy" Friday.
Health n JurispTudence;' Saturday.
Education and Art" The speakers are
persons OF prominence In various branches
of professional and scientific activity. The
principal speakers today were George H.
Anderson and Leeds II. Brandeis. leading
Ilembers Of the Suffolk county Mass.) bar.
ant Prof. Eugene Waumbaugh of the
Harvard Law school
Mr.. Anderson spoke on Some Response
bilites OF Capitalistic Organization" He
said in part:
In considering some of the responsible
ties OF capitalistic organization 1t Is not to
10 overlooked that the career of the labor
organizations has not been marked by any
such love of wisdom, justice and fair
dealing as to evoke our moral enthusiasm.
Nor have the labor organizations any
their movement is as distinctly a combina-
ton or trust as is the capitalistic move
ment The two movements are like in
In the great contest now carried on be-
tween. these two organized forces 1t Is OBJ
served that there are at least two main
disiderata: First, that the parties to the
contest should become so nearly equal in
I0dl dh0 dQpdIcnl POWCI thdt GdCH- Hlh
come to respect. the other. TO the end that
an equilibrium appraEtmRtlng Justice may
result. The orgahtsauon OF labor Is an alb
solute condition precedent under present
conditions to any sound soclsl and IN
dustrtal progress. To oppose t-st organiza-
tion or to denounce It in terms recently
used at the manufacturers association
meeting at New Orleans is both futile and
The second desiderata is that there
should be an increased respect for law and
AnaliOa m fhA ri NJ Ia nnE and "a nfrQl
The anal appeal must be to justice.
In weighing the power Of the two con-
tending forces nothing is more foolish
and misleading than a comparison OF
wages with interest and dividend rates fol
the purpose Of deter%in1a the share re;
by labor In the joint production OF both.
Little Faith in Sherman Act.
he declared that 1t did not follow that
the remedy Is to be found In such legisla'
ton as the Sherman act. 1t was a law fai
more likely to be abused than used. Under
our law permitting the private ownership
not only OF the surface of the land, but Of
all minerals and metals beneath the sur.
Y face. the coal and iron supply OF the eoun,
try would soon be entirely under MONOPOLY
control. The ownership and control OF tn,
anthracite coal supply. he contended. wal
just cause for revolutionary sentiments anC
activities.
The main objection to trust combination
was In their enormous overcapitaiiEauoI
and In the use that is made OF that over
capitalization. In the last generation, b.
declared, the legislation OF the country hal
been mainly controlled by capital, and II
not q few OF the states the sale Of legis
Y lation was a regular business.
In conclusion Mr.. Anderson said:
1t is one OF the present responsibilities o
capitalistc organizations to undo the evi
they a wrought, TO teach the voter
that the powers OF the ballot box and o
the Legislative hall are TO be held and ex
ercised as a sacred trust for the benefit o
the community as q whole. II capital fail
90 recognize the necessity OF Just laws. re
spected and obeyed, Il may expect it'll
mercy at the hands of it's adversaries wheI
they discover their real power. II social
ism comes, the main responsibility will res
upon the 6apitalistic organizations.