Rocky Ford enterprise., 1907-08-02
opsaess,on IN FOREIGN LANDS.
lshsssss Rssvesd 70 sisvssy vhrsvsb
Systems ef Land Heidine.

systems o. Lane Votoiros
Amesieans should bs thankful fos
the liberty that their f0sm Of govern
msat allows II is only necessary to
study iato conditions as they obtain
i4 many Of the European countries. 10
ieara 6ov shsiaved are the common
classes OF the people Of those eoan'
tries The holding Of vas, estates by
the nobility has reduced the peasant
classes To . eoadi,ioa of ssrfiom.
In these eouhlries II is also notice
able that rhe artisans. and the work
srs ins the mills. receive wages that
are barely suniei-nt To buy them food
and clothing, In many of tho eonii'
nentai countries Of Europe the farm
iabof-r receives as compensation from
u To $50 week. In Sii-sa. where
there are large cotton factories. expert
~.asers receive from t...s To - p1r
week. and women employed Al like
work earn i.ss than .. per week.
Even In Old knsiand. where labor Is
paid tho b-s, of any European eoun-
try. In tho cotton factories the scale
for labor runs from siss to 5000 .
week. Where wages arc so low II II
Impossible for the pSopi. To save
money. and /, Is necessary that they
live upon the plaincst and cheapest
food In order to make ends meet.
In comparison with these countries
how grand sr- the opportunities for
tn. iaboF-F In III. unit-d States. In
America theFc ar. homes for all Who
would build them. In no part Of tho
Earth ID there such reward Tor indi.
Sidnai effort II ID said by some that
there ID = tendency even In this FREQ
country toward oiisarchy. That tho
trndoney towards the concentration of
financial power and business In thr
d-ns-iy populated districts Is y men.
nc. that Is too lightly estimated. The
preventive remedy for this evil lies II
the hands Of the masses. There IN
Ercat need of tn. p1opl. In general
studying more deeply into economic
subjects, The simple principles upon
which business rests appear to be- IL.
u. Understood by tn. a,-Ta.. citizens.
The remedy for III. prevention Of tho
buildin. M Of one section OF III.
United States Mt the cost OF another
section Is readily at hand. and each
and every citizen can do his part In
adminia'-rin. this remedy.
For many years great Insurance
companies have maintained their
headquarters In large eastern cities.
Millions upon millions Of dollars nnnn.
ally were contributed to them by tho
pebble In all parts Of tho United
States. The vas, funds built up for
the protection Of poiicyhoidcrs had to
seek profitable Investment. The great
captains of finance evolved means for
the employment Of this capital. A
dozen small industries Independently
conducted would be combined Into ono
company. capitalized far up In tho
millions and the money contributed
to the funds maintained by the insur.
ancc companies utilized In carrying
out the plans OF the great combina.
tions. Thus II can bc seen how
trusts have been built up and tho
money Of the people used for this pur.
pose. and too often to opprcss tho
very classes that contributed tho
funds which made II possible for
bringing Into existence these combina,
tions.
II can be undcrstood how essential
II is that Industries OF this kind Ls cs.
tablished In the different states. and
how the money contributed by tho
people OF state to company In
some other state works directly
against the contributors. What holds
good In the insurance business applies
equally to other Industries. BY keep.
Ing the earnings OF people In the
community where these earnings are
produced. is to the best interests OF
the people. II II is necessary that they
be sent from the community, as far
as possible keep the earnings within
the limits OF the state. for what assists
state to greatness makes lighter tho
burden of taxation upon all the people
within 1t and materially helps every
community within the state.
The student can plainly understand
how the concentration of business and
OF money can be prevented by a SIM
pie rule which involves the patronage
of local institutions and the retaining
in each community as far as possible
all the wealth produced within that
community. If this principle be close
ly adhered to 1t will be impossible for
any requirement of such vast power
as will oppress the American people
as the common classes of many of the
European countries are oppressed.