The Anderson intelligencer. [volume] (Anderson, S.C.) 1914-1917, 1914-06-12
MARSHALL ADVICE
: TO MAINE STUDENTS
CLEAR ANALYSIS RELATIONS
CAPITAL AND LABOR
Il ssHTzhsrs
EDUCATE FOR LIFE
80 -. 80. ~ {
The Vice President Made Strong
Address Before University
Student Body 49,

| SS00SsSS ApVAy ~. p
Orono. Me-, June 1O.-Vice-Presidsht
Marshall delivered the principal i'd
dress here today at the University Of
Maine commencement exercises. He
dwelt upon the need Of, education for
the young men taking up the business
life. The vice-President said In
part: !.
slight knowledge will not enable
the yotng man to assume the man
agement Of life's affairs. In the ir-
reprsssible conflict between labor and
capital. he cannot assume that either
property or labor LIZ everything with
out tending to establish a peon class
In America or an oligarchy of wealth.
him that 1t will be better for the Re-
public to be controlled by neither Of
these classes.
I'm 1860. we had j Republic where
labor was satisfied. where respect for
| religion and reverence for law and
| order and a sincere attachment to. the
tCOnEtttution were strong. In that
year the proportion of the annual
wealth created In the country by the
joint efforts of labor and capt. ii was
one-fOurth to labor and three-.ourths
to capital. Sixty years later. the pro-
portion had changed to less than one
| fifth to labor and more than four.
fifths to capital. III. a:
This proportion, to my mind. had
much to do with our present discon.
tent.
"Usurious interest Is no more usu.
rious profit has taken its place. When
our statutes regulating the rates OF
interest were enacted, the laboring
man, generally speaking. was skill
ed laborer He could produce a com.
pleted article. Tie advent OF ma
chinery. took from him his tools and
put them In the hands OF capital. Mo-
ney no longer is borrowed by labor.
crs to enable them to carry On their
trades. but money is crafty and In
stead OF loaning itself to the laboring
man, 1t is:.now buying, the laboring
mans maChinery, constantly. embrac-
ing Its own profit, thereby constantly
decreasing the laborcr's share Of our
produced wealth. The young man in
assuming leadership must create q.
public opinion and develop a moral
sentiment against usurtous profit and.
';Evidsnes Of a disposition on lthe
part of corporate wealth to accept
this view Is not lacking. I dare tho
| prediction that the railroads of the
country would welcome permanent
FIVE per cent accumulative profit In.
exchange for their greater profit and
the dHubt, risk and abuse which come
with It. ,
"Tbe doctrine OF states rights is
now seldom hsraIded save IN oppSsi-
tion to the needed reforms. must
subscribe to the doctrine. but / real.
fze that subjects which formerly. were
purely OF state cognizance have be-
come common interest between the
states and that the doctrine OF states
rights must be supplemented by the
doctrine OF states duties. y
To control our corporations, It be-
comes g. states duty to place in Of
fice vigorous and honest officials who
Will hale Offenders into court and vim
dicate, the homer OF their state laws
instead of 3 elevating into Office men
who Will quietly sit by and wait. for.
the general government to devise e.
plan to prevent the evil and to punish
the wrong-doer. To conserve our nat
Gral resources. 1t becomes a states
duty TO adopt a system for the wise,
and economic use OF the resources and
the prevention of private control by
greedy Bpeculators. SS ~ ss;. sris ~
IIss ,ss...s' ssss...s'ss rights ere 70 ! he s.s s.sl
served, the young. men sOf tomorrow
must take up fhis. cry Of tho states
dutieAst otherwise Our pleasingy Eia.!
Ions OF Uncle Sam 3as patriarcfial.
gentleman with asbene eficent smile 0ra,
hte face toward :, American manEoods
striving 3Cr success; will. change 1 to
That Ola luack. doctor plecaraed.
When Eiefg fail, ( 1nsnlt ma : ~; y s
we america are not dishonest.
Fneither at hHaft or. Intel llectual1y, ,hnt
= am fearful that many Of ns are. IT,.
sliectualiy cowards. When getting OH
Involves tlS with our congciences md
out oarge!ves, we throw ..oirseiss.
yes into The. arms of; the lay and de-
|ndAnd stGnInticn .from z Elm. and kro+,
tecticn from spunish taent. The 4 law
Sor siaSsas 81 aeass sasr Il fasSs ssss
tainty sihich pfxscsss 6ur. ntot6sSi
conduct within its terms. ~ S \ sii;t siS 3,
The djiT order Of educaIlo on thiS
(changtdl It fufi iitsheti q, nhiioBdnhY-
Ean4 staushk men thAt hApIiness MHs,
not shib teffat sgtirr0Gnd iiKs. Ffr, i5Dl
|eltaoft OF p0wer, j, hut His bti purpose
cenaaeti The htimkf tiles + Have
been fpYE1tfnn lii the rtsh. 2scf tfS Sticr
Hasa . DIR fins thtdpn1 pkl 1iiafef
sSsst tnins nay mt 81 st's n ftif.
Trey eAn 6e Hxp ted III slhBfiIis iiif6
m IL s n GsE ss asseiassea, ssass -
Ebetjdy4 tHht lnt6I 6IlectNai ic6lfx4 u Enarfr,
hlned With honA viii ssiti yBs yfisfn
/ eyeftsoctsl and iHbn96slc problem III n
kslsess ltak ID Ia. sc1d n6
E3tI4h Into iGsN0ffd 10 - a sfaelaar. n