The Anderson daily intelligencer. [volume] (Anderson, S.C.) 1914-1915, 1914-06-11
AIARsHAlL ADVICE
TO MAINE STUDENTS,
CLEAR ANALYSIS RELATIONS
CAPITAL AND LABOR
EDUCATE FOR LIFE
The Vice President Made Strong
Address Before University
Student Body
(Py Associated Press)

(Py Associated Press)
OrOno. ME, June iO.-Vice-Fresident
Marshall delivered the principal ad-
dress here today at the University OF
Maine commencement exercises. He
dwelt upon the need of education for
the young man taking up the business
life. The Vice. President said in
part:
"Slight knowledge viii not enable
the young man to assume the man
agement OF life's iaffairs' In the ir-
repressible conflict between labor and
capital, he cannot assume that either
property or labor is everything with
out tending to establish a peon class
in America or an oiigarchy OF wealth
Complete knowledge may convince
him that 1t will be better for the Re-
public to be controlled by ncitier Of
thcse classes.
I'm 1860. we had Republic where
labor was satisfied. where respect for
religion and reverence for law and
order and a sincere attachment TO tl,e
Constitution were strong. In tilat
year the proportion OF the sahnuaf
wealth created In tie country by the
joint efforts OF 1abor and capital was
one-fourh to labor and tliree-fourths
to capital. Sixty years later, the, pro.
portion had changed to less than one
fifth to labor and more than four
f1fths to capital. 'Y' 40"
This proportion, to my mind. had
much to do with our present discon.
tent "a
"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 a ekilia
ed iabbrer. He could produce com,
pleted article. The advent of ma.
chinery took from him his tools and
put them in the hands or capital. Mo-
ney no longer is borrowed by labur-
ers 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 labbring
mans machinery, constantly enfbrac-
ing its own profit, thereby constantly
decreasing the Iaborcr's share of eur
produced wealth. The young man IN
assuming leadership must create a
public opinion and develop q moral
sentiment against usurious profit and
interest.
Evidence of disposition on the
part OF corporate wealth to accept
this view is not lacking. dare the
prediction that the railroads of the
country would welcome, permanent
five per cent accumulative profit In.
exchange for their greater profit ami
the doubt. risk and abuse which come
with It,
"The doctrine of states rights is
now seldom heralded save in opposi-
tson TO the needed reforms. ! must
OH hoN kn - it
ize that rubjects which formerly were
purely Of state cognfzance have be-
come common interest between the
states: and that the doctrine Of states
rights must be supplemented by the
doctrine Of states duties. :.
ITO control our corporations. 1t be-
comes q states duty to .place in OF
nee vigorous and honest oiilcials who
wifi hale offenders into court and vim
dtcate the. honor of their state laws
frstead or elevating into Office men
who will quietly sit by and wait for
the general government 20 devise "A
pleh to prevent the, evil and to punish
the wrong-doer. To conserve our nat
Hrai retouftes. 1t -tecumes states
duty to ndort a eystem for tho wise
and economic tse of the RESOURCES and
the prevention Of private control by
greedy Epeculators.
-stateS rights ARE to be pre-
servefi, the young men of tomorrow
must take. up this cry OF the states
duties: Otherwise our pleasing Via
IONS or Unc1g Sam Hs d patriarchai
gehtsenfan with q beheAce1t smile on
his face toward American manhood
striving for Sd6cesS, VIII change to
thAt Sf d iauheR[ doctor Hiacarded.
When .StherS fan, o6i3Bult me- =.
I'VE 1AtteflcHhs ere' hdt dishonest.
neitheria at ,heuft or Enthusiastically, bnt
am fearful that many. of 'usn are in-
teilectualiy towards. When getting On
involves Hs with our condolences and
out ourselves. we throw y oursei-
yes into the arms OF the law and de-
mand absolutton from Elm and pro-
lection from! punishment. The law,
OF course, has defined neither. fraad
nor dish6NeSty with TIE acSreS hf GER,
tainty which places 2our proposed
THE Old order eb1 education has
changed. ae It furnished a PHILOSOPHY
and taught nnen that ,hapffness was
not hfs fd6reffaI sdfronndinEs, a 10
sition or power. hat Eis'hwh purpose
and Scdndhtt:s .Ths faInnnfties have
essses SS faststs as sssa !sa Sf '1a 9ltsher sSe
narf' IA IpAilSe0taiic 'vfcS auf lire but
they can be expected to instili into
tho minds Of the, yong men intellectual
courage. J. ann visionary enough to
believe that Intellectual courage. COM
bined with honesty will snlve what
ever social end economic problem may
ariee. May this: Institution send no
. man into tho world to be a leader In
e. 49,