Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1910-05-04
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HALtoWELL 7, MAINE
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transportation and the yoclalizing. ten
denotes OF thought, there Is growing a
new political economy. For the first
time in human history we can produce
more than we need. Anciently men
struggled 10 procure, enough to sus-
tain life; today we must limit the pro-
auctions of our great industries. or
old, men feared a deficit: now they
fear a surplus. Indeed this Is ono OF
Mr.. Patterns most striking and sfgnif-
cant suggestions which. If II Is true as
l think it is, marks a momentouS
change in the conditions of human
life. In this connection the chief prob
lem is no Longer one of necessary pros
duction how to produce enough, but Of
equitable distribution-hew to give
everyone his reasonable share. And 1t
is right here that human sentiment Is
showing a marked change. The old -po-
litical economy received its inspiration
from mans selfishness. Its law was
progress through seif-seeking:' it's
CIcSu was odiN aAch tb'ASt6h NoCsso'-,'}
It was as far from Christianity as Me-
poleon cBonaparte wasl from jesus
Christ. No wonder men called 1t a dis
NAL science. The new political economy
dra VS. its inspirat fon from generosity.
Its law of progress is corporations
creed is redemption through altrutsm.
There is character development
through competition; but competition
becomes destructive and cooperation
must take its place. apart from all
specific uganda and programs, this
truth Of socialism has come to stay.
Men blame the labor unions for fixing
n minimum OF wage and a maximum
of labor for all workers., saying that 1t
keeps back the capable. Yet whatyis
this but Christ's doctrine of the strong
bearing the burdens Of the weak, IL
Illustrated on grand scale Of iunselfisir
brotherhood? ts
1t Is. hard for us to get away from
the tradition Of progress through sell
fishness. A prominent citizen OF this
State once said to me regarding the
popular purpose to restrict promoters
profits, that ali this statutory cutting
down Of the dividends Of capital would
kill enterprise; because men will not
go into things unless they can see a
fair prospect OF large financial returns.
That is the spirit Of the old political
economy and the of<l civilization In
centives must be coined In dollars. and
cents. This has been the spirit OF tne
past' this VITA not be the spirit OF the
future. A new impulse Is upon thS
world To-Day comparable, think. 10
mat OF the apostolic age. Every day
the gospel Of service is gaining
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theology. ~ '@r.r:i:'.