Polk County news. [volume] (Benton, Tenn.) 191?-1983, 1921-12-15

1 mas Deen q nlkhly productiNe hoNld
| organization. on the way up from tn
| elemental stages OF society we hay
eliminated slavery and serfdom AM
are far on the way to the elimination
OF poverty.
and the diffusion of education, man
kind has reached a stage where VI
may fairly say that in the Unite'
States equality OF opportunity has beef
! attained. though all are not prepared
to embrace IT, There is. indeed. to-
great divergence between the economi
conditions Of the most and least fay
ored classes in the community. Blu
even that divergence has not come L
the point where we bracket the very
poor and the very rich together al
the least fortunate classes. Our eff
forts may well be directed to imProv-
ing the status of both.
While this set OF problems is com
monty comprehended under the gen.
eral phrase Capital and Labor" II
question of social and economic organ
fZatfon. Labor has become a large
contributor, through its savings. to
the stock of capital, while the peo-
pie who own the largest Individual
aggregates of capital are themselves
often hard and earnest laborers. Very
often 1t is extremely difficult to draw
the line of differentiation between the
particular individual Is entitled to be
set down as iaborer or as capitalist
In a very large proportion of cases
he is both, and when he is both, he
is the most useful citizen.
Rights Of Labor and Capital.
The right of labor to organize is
just as fundamental and necessary as
is the right of capital to organize.
The right of labor to negotiate, to
deal with and solve Its particular
its chosen agents, is JuEt as essential
as is the right of capital to organize.
to maintain corporations, TO limit the
liabilities of stockholders Indeed we
tied liability of the citizens as mem
Der of a labor organization closely
parallels the Limitation of liability
corporation for profit Along this line
Of reasoning we shall make the great
est progress toward solution of our
problem of capital and labor.
Just as 1t is not desirable that
shall be allowed to i'm
pose undue exactions upon the pub
ic. so 1t Is not desirable that a labor
shall be. permitted to ex-
act unfair terms of employment or
subject the public to actual distresses
n order TO enforce it's terms. Finally.
ust as we are earnestly seeking for
whereby to adjust and set
lie political difficulties between ma
ions without resort to war, so we
nay well look about for means to set
lie the differences between organized |
'apltal ana organized 1aDor Wltilout
esort to the forms Of warfare which |
We recognize under the name OF |
strikes. lockouts. boycotts, and the
Ike.
arefully regulating the organlzations
nd operations of industrial and
corporations, 30 we might
yell have plans Of conference, OF com
lon and judicial determination in con-
roversies between labor and capital.
% accomplish this would involve the
ecessity to develop thorougihgoing
fairs With right privileges. i'm
lunities and modes OF organization
hus carefully defined. 1t should be
ossible to set up judicial or quasi
on end Discrimination 81 iii disputes
hich menace the public welfare.
Holds Strike Out Of Place.
In an Industrial society such as ours
re strike, the lockout and the boy
tit are as much out of place and as
-med revolution in the domain OF pol
les. The same disposition to reason.
Dleness, to Cancellation, to recogni.
on of the other sides point of view.
e same provision of fair and recog
zed tribunals and processes ought to
AXE 1t possible to solve the one set
questions as easily as the other.
believe the solution is possible
After each war, until the last. the
,yernment has been able to give
,mes to its returned soldiers, and
rye part of our settlement and de-
lopment has attended this generous |
DIVISION OF land for the nations de-
nders
There Is yet unreserved approximate
200 000. 900 acres In the public do
ain, 100000 acres of which are
lown to be susceptible of reclama- I
IN and made fit for homes by pro- 9
sion for irrigation.
Point TO Swamp Lands.
the inevitable and de
able increase Of population, there is |
other phase of reclamation full worthy {
consideration. There are 100000 acres
swamp and cut-over lands which
~ be reclaimed and made as valuable
any farm lands we possess These
res are largely located in southern ;
ties, and the greater proportion is I
ned by the states or by private citi-
ls. Congress has report of the sur
Y of this field for reclamation. and the n
sibility is established I gladly recon- =
nd federal aid, by way of advances Il
ere state and private participation is n
jured.
is one of greater benefits
ich government can best own. Meas
IS are pending embodying this sound c
icy to which we may well adhere. 1t :,
easily possible to make available per- -
nent homes which will provide, in d
n. for prosperous American families
hout injurious competition with eStab-
led activities or imposition on wealth
eady acquired. fC
here are a full score of topics con- 81
ming which 1t would be becoming o
address you, and on which / hope ri
make a report at a later time.
re alluded to the things requiring
lr earlier attention. However, Il
not end this limited address with N
a suggested amendment to the or m
ic law. ~
Onnoees NontaxabIa Ronds III
Iany of us belong to that school of
ught which is hesitant about alter
the fundamental law. / think our hi
problems the tendency OF wealth "
seek nontaxable investment. and in
menacing increases of public debt Wi
aral. state and municipal, all justi- W.
q proposal to change the Constitu-
so as to end the Issue of nontax-
} bonds. No action can change the pa
us OF the many billions outstand- ."