Smyrna times., 1908-02-12
MORGAN WILL
FIGHT UNIONS
Financier Predicts Starvation For
WOrkingmen.
THEY CAN'T CONTROL INDUSTRY

New York. Feb. 10. = The World |
published an interview given by J. P. !
Morgan to Alexander Ular, editor OF
LIE Petit Journal, of Paris, in which
the tinancier is alleged to have sad
the capitalists of the United States do
not want to resume work at present
rs organized labor must learn that it
cannot control the business of the
country. After giving his impression
Of Mr.. Morgan as a great man. and
one to be feared Mr.. Ular says:
But Mr.. Morgan is not only the
king of finance. think he claims,
besides, to be the essential defender Of
modern society against its adversaries.
And this is certainly the most inter
ssting feature in his activity. II?
plainly agreed with me when l remark
ed that the most important side of the
crisis is the social one.
" Yes. it is all social question, just
as in EuOpe. The time has come when
the question is to be settled. l want to
settle it, he said.
after having talked about the in
dustrial situation, depression and its
outlook for the future, Mr.. Morgan said
he thought this depression is very use
full, and he did not care to see it reliev-
ed at all just now.
"In other words, then, Mr.. Morgan.
this crisis will serve to crush the power
of the workmen. You will use it fOr
reducing wages. But will not the fed
Grafton OppOse?"
They are unable. Industry is part
ly stopped
"They will go on strike"
"'Strikel They have got no jobs
now. There are no stocks on hand.
you know. We do not want to take
up work again now. So what can they
do? They will have to submit, or they
will starve The question is to be
settled. They are to learn that they
cannot control industry. We want
wages that will make honest and prof
table business possible. The question
is now the same all over the world
so then the real causes of the crisis
are much deeper than l supposed.
They are of a social kind They are,
in fact, due to the necessity of bringing
the struggle between employers and
| employed to a definite result?"
MI Morgan seemed anxious to be
the champion of social order. against
socialism and even against unionism
He looked at me with half-closed eyes
as though contented with having given
me an insight into the innermost heart
OF events.
"Mr. Morgan can afford to speal
very frankly. At his library visitors
are watched with the greatest care
when entering the hall The first tim
I entered it remembered very vividll
how | used to be received in st. Pc
tcrsburg in the entrance hall of th'
winter palace when I called upon NJ
StOlypin the Russian prime minister
Are there terrorists in the United
States, ! thought? This is a countr.
of freedom.
"Perhaps Mr.. Morgan feels like MI
Stolypin or like Napoleon. | shOul,
not be astOnished at all if he did
Napoleon was an autocrat in land 0
freedom. So is Mr.. Morgan. And auto
Gratis are always afraid of revolution
Mr.. Morgan will wage war on labor
Having saved Wall street, he want
to save the society in which he is
ruler. He is a man who will rule O
break For him there is no middl
way may not agree with his view
at all, nor think the effect of his a.
? tion useful to his country. but I car
not nelp saying that j. P Morga
= really is a great man"