The Farmville herald. [volume] (Farmville, Va.) 1890-1934, 1907-09-06
CAPITAL And LABOR
William r. Hearst Orator at
jamestown Exposition.
We PAY HIGHEST WAGES IN WORLD
Journalist Discusses at Length hela-
lions between Employer and En-
uIosce-His Plea For Per-
feet Harmony.

NORFOLK. Sept. William Ran
Iolph Hearst delivered the Labor day
address no the jamestown exposition.
He declared that Labor day should
rank with the Fourth OF July as a
characteristic American holiday.
"The Fourth Of July" be said. "com
memorates the means by which we
gained our independence as a nation,
and Labor day commentaries the
means by which We have made our ma
tlon the most powerful, the most pro
gressive. the most prosperous Of any
in tho world
llr Hearst then discussed at length
the relations of capital aud labor. say
ms ln part
There is no reason FOR hostility be-
tween employer and employee, De-
tween capitalist and wage Garner.
Capital IS but the accumulation Of
wealth which employer and employee
create together Wages are but the
division of profits Both employer and
employee are entitled 10 their share OF
the profits. aud as long as the division
Is lust aud eQuable there Is no occasion
for conflict II the division is not just,
il can always be- made SO by arbitra-
tion. ana there IS stni no occasion for
conalct
Let us all regard one another as fel-
low workiugmen and treat one another
with consideration and tolerance. Let
us ail labor harmoniously 20 create
wealth 'n order that there may be the
greatest possible amount 70 be justly
divided
The workneman is worthy of bis
hire. the business man of his profit
The man who digs the precious metal
from the Garth is worth his wage The
man who tells him where 10 find the
gold deserves his profit too. The great
financial promoters. oraani.e ers execu-
lives of America are worthy cf recog-
ntin and reward
They work MS hard as any Of US, and
their work is absolutely necessary 10
the fuu production Of the riches out Of
which are paid here In America the
highest wngcs In the world Through
many an anxious day and many
wakcful night these men have planned
and prosecuted the great enterprises
/ which have developed the wealth Of
The nation and have given employment
10 millions of men Let them have
liberal share of that wealth as long as
that is the incentive which stimulates
them 70 useful activities Let them
have wealth as long as Il Is honestly
acquired through enterprises that ben
eft the whole community. The riches
they amass and call their own are Hel-
dom spont In extravaganza and luxury
upon themselves, but are put back nio
new industries 70 produce more wealth
and give employment 10 more men.
The true captain of Industry IL the
general of our industrial army He
cannot do without soldiers, and yet no
matter how well the soldiers fight, the
victory depends very largely on the
generals sMilful conduct Of the cam
palg.
The great business man is the man
acer of the enterprise in which We are
! au embarked He IS as necessary 20
us MS We are 20 him. for, no matter
how well we work. the success OF the
ENTERPRISE and the profit Of It depend
very largely on the ability Of his man
| agomcnt
TO achieve the most complete sue
cess for an there should be- the great
est harmony between promoter and
wage Garner and an ungrudging appre-
ciof.on of each others value. To win
the fullest victory there should be con
ndencc and concerted action between
thc commander and the men behind
| tho guns