The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-01-28
WHY LABOR AND
CAPITAL CLASH
Relations Between Them war
Instead of Peace.
JUDGE GROsSCUp's VIEWS
HOW TO REPEoPLEIzE THE
CoUNTRY's INDUSTRIES.

NPR1NGFIELD His, Jan. 2T-The
principal speaker at the annual
meeting of the Illinois County and
Probate Judges association today was
Peter Grosscup OF the United states cir
coit court at. Chicago His subject was
THE Next Great Step in American Pol
ities, the Repeopleizing Of Our Coun-
try's Industries
after expressing his confidence in the
continuance Of prosperity and his
1Elenchness TO honest corporations as
ciFIlIE2 1ion's way Of welding large
masses OF eapitaL" and MS friendliness
70 Iaw-abidiqg labor unions as the en-
eooiment IN organization OF the natural
law OF self preservation. the speaker
sketched the present complaints of en-
pioyeTs, employees and the general pub
iics and upon the relations OF employ
srs and employees. said
1t has come 10 pass that instead OF
peace. the standing relations between
them 81 that OF war. They look up0m
each other, not as neighbors or co-part-
nerss bat as. belligerents. When they
sleep, Il is upon their arms. When a
truce comes and indemnity IS laid IL
falls. not Oh the belligerents, but on
the outside public-rthe great neutral.
who up to that tiEz1es supposed it had
only q moral interest Ia the conflict
Calling attention to what he desig-
zssted ~the most recent phenomena IN
Industrial revolution, the rapid with
argwal OF the great middle body OF ouc
citizenship from ownership 81 the in
dustriai properties OF the country, the
speaker said:
Unrest and insecurity.
During the last twenty-three years
Eks capital deposited 5n the banks Of
che country has increased nearly S19,-
500. 600. 600. This capital largely has come
from men IN the ordinary circumstances
81 life. II measures the capital de-
tached during this period By that class
Of cur citizenship from active pro-
prietorshIp In the industries Of the
country. II marks q tremendous shit
IN the personnel OF active proprietor
ship. The shift is due % the sense OF
insecurity the people feel in the own
ership Of corporate property as cOrpor-
atoms. under existing state policies are
now permitted TO be organized"
The organization Of come OF these was
described as being ike charts in geoi-
ogy.
at the bottom" said the judge. "is|
a stratum OF bonds; next a stratum Of
stock; another stratum Of bonds; on
top OF that more stock then more
bonds; then preferred stock and at the
sonable expectation is outrun- Cor
poEations like these succeed in success
Iul times only.
When we recall that outside Of the
country ana city real estate more than
one-half OF the property Of the coUn-
try Is now corporate property, the ulti-
mate effect Of the existing state poll
cies respecting the organization OF cor
porations-the free-for-aH, go-as-yOu-
please poliey--upon active proprietor
ship by the active people at large is
clearly discernible. Here, then, is the
ether pateFnalism-a pateTnalism more
dangerous TO republican institutions
than the labor uni0ns-the paIernalism
that, narrowing active ownership 70
the few who by acuteness or experience
can fathom the intricacies Of corporate
organization. leaves 70 the ordinary
run Of people no choice respecting their
savings. other than to spend them as
they are gathered, or 60 loan them 10
the masters Of the corporate machin-
cry.
81 have no fault 70 find with the cor
norate legislation Of the last congress.
To the extent that it viii get together
the data on which 10 build a future
national policy respecting corporations
f. is constructive legislation. II it
stops at that, or what Is more likely,
If il turns its whole thought 70 what
IS known as pubhcity-tO the turning
inside out of the affairs Of present in
COrpOrated enterprises, and those that
shalI come after them. leaving il TO the
five and forty states 10 organize as cor
porations are now organized, those that
do come after, the legislation win have
wholly missed the mark. The main OBJ
5sct to be aimed at is a repeopleizins
of the industries Of the country, and
this can only be accomplished by q
corporate policy under which a cor
porstion dishonesty conceived cannot
be organized at all, and a corporation
dishonesty administered wiz pass at
once. before the evil is trremediable.
INTO the hands Of the courts or some
department Of the government. What
IS to be sought is not so much publ
city as prevention. The great aim, the
franscendan5 aim. should be to make
this q DroprietOrship widely diversified
among the people.
In concluding Judge GTOsscup said:
"Big corporations are here TO stay.
Labor unions that abide by the laws
are here to stay. TO deal with them
As one would deal with mad dogs, is to
ask public opinion itself TO go mad.
But these interests, corporate and per-
scnal, ore and all, must be brought IN
der the fuu domain OF the law. They
must be allowed 10 traHple no mans
rights on the ground. They must be
allowed to successfully shelter no man
bent on robMng his fellow men. They
must. and they can be made the open
door to opportunity: the door through
which every American, great and
small. may with reasonable security
secure his ambition to share IN his
country's prosperity and in the free
dom Of his country's laws.