The Hawaiian gazette., 1908-06-26

Without swift express trains the rich
fruit and vegetable gardens of the
South could not sell to other section,
their products. without the ice.
machine the great meat Industry could
not live and the cattle-grower could
not market his herds. without the
organization of great buying and SELL
Ing concerns the markets Of the mod
ern age could not exist over night.
In the ninety years to come there IL
no doubt but that the abuses of per-
sonal and equal rights on the part OF
the great business organizations will
be prevented and corrected. The evils
of the corporation will be extlnguish-
ed in the benefits of cooperation. The
organizations will not be abolished,
they will be extended to include prac-
tically the whole people. 1t will not
require ninety years for the example
of the truck growers of Eastern Virgil
MIA, the beet growers Of Iowa and the
fruit growers of Southern California
to demonstrate to all farmers the value
of intelligent cooperation. The deeds
of violence of the Kentucky night rid
ers will be forgot, but such organiza-
lions as the Tobacco Growers Protec-
tive Association will continue to exist.
The farmers of the country will get
their weather predictions and their
market quotations by telephone, or
perhaps by wireless ticker, every
morning. They will market their prod
uce at the point of consumption by
the instantaneous agency. of electricity.
They will control the wealth they
create themselves Instead of letting II
be controlled for them. If this be
"agrarianism" it is none the less in
dictated by the present actual cordi-
lions in widely separated parts of the
union.
Such development of business organ
ization as this will not only mean
great creation of wealth but it will
mean also the more equitable distrib-
ution of wealth. 1t is toward the solu-
ton of the problem of distribution of
wealth that every effort of legislative
reform is now being directed. No
other political issue obtains recogni-
ton. Does anyone doubt the ability
OF the American people in ninety years
to solve any question which they seri-
ously and earnestly attack? Before
saying such things are impossible let
the pessimist put himself in the place
OF Albert Gallatin as Secretary of the
treasury ninety years ago, and then
attempt to look forward to conditions
Of today.
Equal distribution will never he real
lied ''The poor We have with We
Away" But that a more sensible and
economic distribution Is possible can
not DE doubted by those who have
laith IN the human race. AS s,-resuIt
and necessary accompa pii1,fefit TO the
sseat increase wealth which is
ahead of this nation, there will be rad
icai changes in the money system. The
present circulation is not always suf-
ficient to meet the demands of BUSH
ness; witness the currency panic of
last October and the emergency cur
rency legislation in Congress. Yet, If
there We're no<increase per capita. the
business of the United States in the
year 1000, II conducted on lines now
In vogue, would require more actual
money than now exists in the whole
world. The requirements would be far
more than twice as much gold money
as is now in existence. on the basis
OF the present per capita, the stock
of money In the country in 1000 would
be twelve billion dollars.
1t is apparent that some readjust-
ment will be required before that day
comes, May II not be true that the |
recent financial difficulties and the |
consequent industrial depression were |
results OF the need for enough of that
readjustment to fit the conditions of
growth which are so rapidly going for
ward to the goal predicted for ninety
years hence? That the goal will be
reached in twenty I've years If the
rauo OF wealth o. the past ten years
is kept up?
LAW bipNih Ol lIe business OF the |
American farmer, the great majority
of the individual farmers still cling
ing to methods of the past, has been
such that the annual moving of the
crops is sufficient to shake our finan-
cial institutions to their foundation
stones even in good years, The crops
are being increased. More is being
raised to one acre and there are more
acres each year than there We're the
year before If the financial system
and the currency supply remain sta
tionary for ten years. the crops will
have so increased that every crop
moving period viii make the panic of
last October like a jolliication meet
ing.
But the financial system will not re-
main stationary. The wealth of the
will continue TO increase, even
II II does not go forward by such
tremendous leaps and bounds as It has
taken in the past ten years. There
will be a readjustment and under that
new system the growth will go on until
another suit of clothes is required