The Republican journal., 1919-07-31
Kill These trouble Makers.

The terms Capital" and ola Dor" are
frequently used but greatly misunder-
stood. The dema9ogue uses them to win
an eas ly shifted vote Muckraking writ
ers use them to make their yellow journals
more sensational. AgitatoTS twist them
around and misuse them for the sole pur-
pose of stirring up strife,
'These words are trouble makers and
should be eliminated from our vocabu-
lary," said Warren V. Eaton, vice pres-
dent of the International Association of
Garment Manufacturers in a recent IN
terview Continuing his remarks MIR.
Eaton declared:
''No other words have done so much to
create discord between the two most
necessary elements in our National life
the employer and employe. These ele-
ments are so closely linked that you can
not separate them. Their interests are
not only mutual, but Identical.
"The wrong use of the term-capitaP
- inspires jealousy and envy in the
hearts of the great army of wagee earn
ers. On the other hand, the designation
of labor as something entirely apart and
different from capital encourages snob-
berry and sets up false barrier between
employer and men.
every owner of business has certain
ideals, The men employed to build up
that business have their ideals All are
working together for a common purpose
and that is to get a fair return for their
investment of money and skill, as the
case may be Th4 fairest retgrn is the
E I'll ;Iht tI1y
done. Then success is assured and the
money will ia Ike care of itself. -
"There can never be a complete co-or
dination of the ideals of the employer and
employe until both understand that cap.
itaP and labor are Synonymous and
mean practically the same thing. Instead
of capital, use the word business In
stead of labor, use the word industry"
Capital is simply the servant-of both
business and industry. II is the accumu-
lated savings or earnings of many people
they work in the MANAGERS office or in
the factory, makes business.
Capital is money and money is busi-
ness. The men who own, control and
manage money are engaged in business
or trade that is Just as definite and specific
as is the trade of running a locomotive,
plastering wall, or making shirts and
other garments The sole purpose of busi-
ness is to manage the money invested in
it SO efficiently that it will produce ade-
quate returns.
Let US look at labor as an accumulation
of talents which, under proper manage
rnRnt and 11a at aI
to money. The individual owner of these
talents is captain of industry, no mat
ter whether he is driving an engine, plas-
tering wall or operating a machine.
One group of men will discuss the
commerce" of the country. Another
likes to talk about finance" Others are
interested in banking, manufacturing,
etc, All are generic terms and all head
up in money. In a general discussion we
naturally gravitate to the foundation
stone of National prosperity-our indus
tries.
Industry means work. Capital means
business. When thoroughly welded to-
gether they mean money.
The millions of men and women who
operate the machines that make our food,
clothing and other necessities are the
units of American industry. The term
"labor'' might have been aptly applied a
generation ago. but today it is misnomer.
The men who provide the money, the
machinery and an outlet for the products
OF industry are business men. Most of
them came from the ranks of industry.
Their hearts are warm and their love for
their felIOwmen is as great as it ever was
when they worked at the bench.
1t is significant fact that many great
enterprises are owned IN part by the n
dustrial workers. They are given an op-
portunity by the business workers to
become partners. Thus business and in
dustry are becoming more closely linked
together for the common good of all.
Certainly all are workers. The owner of
a business Is just as Industrious as the
men in his factory.
Instead Of talking about capital" and
Labor We should talk aud thnk about
safe and sane business and industry Re |
PRINT from Make Good" St. Louis.