The midland journal. (Rising Sun, Md.) 1885-1947, 1908-12-11

III hand, one bent ON progress, the
| other bent on seeing that no change
! Is made unless in the right directions
/ + believe IN q steady ef9ort, or peri
I 'hAps 1t would be more accurate to say
4 iIf steady efforts in many different
4 diFecti0nsi to bring ali 61it copditiel
Fiof eaffairs aunder which the N9en who
bwork MithI hand TOR Sbfaif4 He Iabort
ers, the superintendent the men
who produce for the market and the
men who ind market for the arti-
cles produced, shall own a far great
er share than at present of the wealth
4 they produce, and be enabled to in
! vest 1t in the tools and instruments
by which all work is carried on. AS
far as possible hope to see frank
recognition of the advantages con-
ferred by machinery, organization,
and division of labor accompanied
by an effort to brirvs about a larger
share in the ownership by Wage-work-
er Of railway, MILL and factory. In
farming, this simply means that we
wish to see the farmer own his own
land; we do not wish to see the farms
so large that they become the prop
erty of absentee landlords who farm
them by tenants, nor yet so small
1
| ropean peasant Again, the deposit
ors in our savings banks now number
over one-tenth of our entire popula-
ton, These are all capitalists, who
Through the savings banks loan their
money to the workers--that Is, in
many cases to themselves-to carry
on their various industries. The more
we increase their number, the more
we introduce the principles of coop
Grafton into our industry. Every in-I
crease In the number of small stock
| holders in corporations is good
| thing, for the same reasons; and
| where the employees are the stockhol
| ders the result Is particularly good.
| Very much of this movement must
be outside of anything that can be
accomplished by legislation; but leg
| islation can do a good deal. Postal
savings banks will make it easy for
tine poorest to keep, their savings in
tabsolute safety. The regulation Of
the national highways must be such
that they shall serve all people with
equal Justice. Corporate finances
must be supervised so as to make it
far safer than at present for the man
of small means to invest his money in
stocks. There must be prohibition of
child labor, diminution of woman
labor, shortening of hours OF all me-
chanical labor; stock watering should i
be prohibited, and stock gambling so
far as possible discouraged. There
Should be a progressive inheritance
tax on large fortunes. Industrial ed
ucation should be encouraged. AS
far as possible we should tighten the
burden OF taxation on the small man. 4
We should put a premium upon thrift, I
hard work and business energy, but
these qualities cease to be the main
factors In accommodating a fortune
long before that fortune reaches
point where 1t would be seriously az
fected by any Inheritance tax such as
/ propose 1t Is eminently right that
the Nation should fix the terms upon |
which the great fortunes are Inherit |
ed. They rarely do good and they Of
ten do harm to those who inherit |
them In their entirety.
The President then devotes chap !
ter to protection for wagework-
ers" He says there should be no pal
tering with the question of taking |
care Of those who become crippled or
worn out in our Industrial system.
He urges proper employers liability |
laws. He also calls attention to the |
steps toward providing 0ld-age PEN |
sfons that have been taken BY many
private industries. He urges Con-
gress to pass a Comprehensive en-
pIoyers, liability law for the District |
of Columbia.
The President devotes much space |
to the subject of the courts First he !
urges increased pay for our judges
and then saws:
It is earnestly to be desired that |
some method should be devised for |
doing away with the long delays |
which now obtain in the administra-
ton of Justice. and which operate |
with peculiar severity against persons
of small means. and favor only the
very Criminals whom it is most desir-
able to punish. These long delays In |
the anal decisions of cases make in |
tha pocraoaata crvtno avn and q |