The Caucasian. (Clinton, N.C.) 188?-1913, 1907-09-05
Wealthy Young Editor and
Politician Makes Address
LABOR AND CAPITAL NEEDED
Mr. Hearst Discusses Lasor. It's OPP
portunities and Problems-Declarcs
Not Only COOPERATION But Organ
ization Necessary. in Labor as Wen
as In Capital. and Labor Unions arc
Valuable 10 Community.

han1oIpn hearst, OF Ne" 1 oEAs anu
Samuel Gompers, president OF the
American Federation of Labor, were
the principal speakers at Monday S
great Labor Day celebration at the
jamestown Exposition. The weather
was clear, and thousands of persons
from all parts of tidewater Virginia
attended
Following an address of welcome
by President Tucker, of the EXPOSE
ton Company, Mr.. Hearst was intro
duced and given On ovation. Mr..
Hearst said in part:
Mr.. Hearst 8 Address.
My friends: Labor Day should
rank with the Fourth of July as
characteristic American holiday. The
Fourth of July commentaries the
means by which we gained our indie
pendence as a nation, and Labor Day
commentaries the means by which
we have made our nation the most
powerful, the most progressive, the
most prosperous of any III the world
Some nations have grown great by
conquering their weaker neighbors.
Others have grown rich by despoiling
dependent colonies, but this nation
has grown to be the greatest and the
richest of all through the peaceful
development of its own resources: by
the honest labor Of its citizens
In this country labor is universal
and is universally honored and APP
preciated. In this country there is
no working class, but every man
worthy of the name is working man.
In this country there is not class If
men that work with their hands while
another class work with their brains.
In America all men work with their
brains. and when we say that Ameri-
can laborers are the most efficient on
earth, we do not mean that their
hands are different from those of 9th
or men, but that their minds are
clearer, quicker and more effective
than those of other men.
In this country the mechanics work.
the farmers work, the clerks work.
the business men work, the profess
slonal men work, and even the NIL
li2nalres work. We have no aristoc.
racy save that of intellect and indus
try, and the proudest title Of orr most
successful millionaire is "Captain of
Industry
In a country where all men are
working men there hould be greater
community OF interest. better mutual
understanding and sympathy. 1t il:
IN behalf Of this better understanding
that L speak today. | have no pa
tlence with the prejudices which ex-
lst between alleged classes when the
classes themselvs do do not really ex-
list.
Capital and Labor.
1here1s no reason for hostility be
tween employer and employee. between
capitalist and wage-earner.
Capital is but the accumulation of
wealth which employer and employc
create together
Wages are but the division of prof.
It's. Both employer and euplovc arc
entitled to their share Of the profits.
and as long as the division is lust and
equable there is no occasion for coll
hlct. If the division is not lust, il
can always be made so by arbitration.
ana there is still no occasion for con-
flict.
Let us all regard one another as
fellow working men and treat one an.
other with consideration and toler-
ance. Let lis all labor harmoniously
TO create wealth in order that there
may be the greatest possible amount
to be justly divided.
A condition of class hatred such "A
has developed in Colorado is curs.
to this country.
L nope that such a condition has
ocen averted III San Francisco-from
which city have just come-but
much has been said in the East to
mlsrepresent the union WORKING mon
OF San Francisco. To set them riobt
10 do them justice, 1t Is only neces,
sary to state the exact facts with
kindergarten simplicity.
On the Subject Of united effort Mr.
Hearst said:
united effort is always mora
effective than distracted effort. and
organization and combination NAV be
said to be beneficial whenever their
objects are legitimate.
The main purpose of labor unions
Is tossecure comfortable conditions
ana adequate compensation for the
Wage-earners.
The main object of farmers unions
IS 10 secure proper recognition and
adequate compensation for those who
produce the necessities of life.
The farmers and wage-earners COM
prise two-thirds of the community.
and the distribution of wealth
throughout these large bodies is abso-
lutely essential to general prosperity.
AS matter of fact, if the farmers
ana laborers are not prosperous, there
Is no prosperity.
Legitimate Trusts.
The legitimate object .of honest
combinations of capital is to unite the
wealth Of many individuals in one
great enterprise and TO distribute
the profits of the enterprise among the
many investors. By means of such
combinations operations are conduce-
ed on a scale that would be beyond
the power of any single individual.
Most OF tie great works Of the
pn0nfry fovo h.,