The daily Nome industrial worker., 1915-12-10

want to be shown that you cannot attempt to curb the great industrial organizations which in themselves control the country. This is the
 most significant of all the reasons
 given for the optimism of the bank CTS, and it is one that has the surest of all foundations. The nation quits the uneven fight end leaves Capital master of the field.
 Yet it was a heroic fight while it
 lasted. It helped a score of muck
 rakers to fame and not few poll-
 ticians to position. The theory
 that the person was more sacred
 than property, and that civilization
 was based upon ideals, principles.
 morals other than tho dollar, found
 many ready supporters under p O. gressive banners of one type CT an-
 other.
 | But before the blast of the horn
 of capital those towers of strength
 crumbled over night; executives
 submitted; courts subsided and
 little reformers hid their heads in
 the sand lest they be overtaken by
 the bounding dogs of the corpora
 tions that chased them for Q quarry.
 Sane, conservative and reliable ! lnal;t;o;o,c lypou rroll thot thic niyil-
 ization is based solely upon mate rial things, and that the financial and industrial ascendcncy of the big
 corporations stood supreme ovor everything. They saw the trusts de-
 liberetely close their mills, their
 mines, their factories. They saw
 the railroads lay eff their mainte-
 nan. c gangs, ceaco their orders fol steel, stop building connecting lines, diminish the number of trains. They saw that it was 1CnkeyinG
 with a buzz saw to monkey with big !, business and anything that tended
 to curb the cxp!c .tctivo existence l, of the corporations, anything that
 tended to probe the power of the
 money trust, the industrial might of the industrial consultations that , ruled tho manufacturing world, tended also to intensity that depres, , sion and to increase the panicky'
 condition of things.
 , Accordingly wncn such of the ' kept press denounced tho actions ot these progressive aG tho acts of de- , mogogues and promised that If the - corporations wera let alone, they were right enough in promising : prosperity would return to the
 country.
 For this policy of proving tn il } power was as harsh upon the con tinuancc of profit making for the profit mongers as it was fer subor' dinate classes. And there will be r joy in Israel and is joy in Israel as
 we s-e in the exclamation of the : bankers, when it is known that the : government has surrendered stock : lock and barrel to the corporations l admits defeat, and will now to use l the highly euphemistic language oi tfe financial writers, direct atteI tion to constructive legislation. g The dollar has proved its nigh
 and constructive legislation in th' 7 interest of that dollar is now to b' ~ the order of tte day. This ough G to be intensely gratifying. The ai T is so much clearer. It is known nov j. who are the economic masters ant who as economic masters can fore |. political mastership also. It i S good to know that no longer vii r an effort be made to enforce tn Il rights of the person over the right 1 of the dollar, and to understan' r. that nothing greater, nothing nor r noble can inspire a governments DO e licy than constructive Legislation i
 the interest of the corporations 2 1t the bankers so naively concidcr > And although it ie easy to sa l. "We told you so', it has to be ad l. mittod that socialists have been con e tending that exactly this conditio sl would prevail. They held that pol ,f tics merely reflected the power ( .e the economically supreme. The s. held that tho trusts and gigantic 1T IS dustrial and fincnc.al bodies wer D. strictly 'it". That only because ,e lot of political phraseology of .pur
 buncombe pulled the wool oyer tn m peoples eyeo did they believe othcl 8, wise. And that finally they woul 10 be led to see that the prosperity (