The New York herald., 1921-06-14

GARY AT SYRACUSE
DISCUSSES CAPITAL
-@e
Sees i'm Open Shop the Chance
for Individual to Realize
Opportunities.
WARNS OF SOVIETISM
Labor Never More Highly Re-
,spected nor Treated as Lib
orally, He Says.
WARNS OF sovIETIsM

Steel Corporation, said the United States
continues to be the land of opportunity.
He said that industrially the individual
can realize the full advantage Of the op-
portunities offered only through the
principles Of the open shop as distin-
snished from the dominance and arbi-
trary control of the union labor leaders.
- Judge Gary gave at the outset an IL
hus0rat ton of human possibilities In the
United States by telling of a consulta-
ton he had not long ago with twenty
Or more middle aged gentlemen" They
now have highly paid positions of great
responsibility, but at the start all were
poor and worked on farms or in shops.
Zach has saved enough to ensure the
comfort of himself and his family.
Down through the ranks of en-
ployees from which these men were pro-
NOTED from time to time on their merit,
Judge Gary said. "are large numbers OF
others who are progressing In the samc
direction and manner. II In any busi-
ness enterprise the policy or method Is
different it Is because OF the practice
Of promoting only for seniority In time
of employment or other restriction I'M
posed by union labor leaders and not be-
cause of limitation contained in con-
stitutional or other legal provisions
sa's Labor Highly Respected.
The radical speaker, Judge Gary said
often depicted the "laborer" as hard
worked, poorly treated and constantly
suffering. But speaking accurately, he
added, those who work hardest, longest
hours, have most responsibility and
cares. most causes for worry. labor lit
tie with their hands, and their work not
infrequently continues a large part Of
the. day and into the night. Their bur-
dens often are very heavy. Many are
poor in worldly goods. Still they do not
ordinarily complain. They enjoy sue
cess in their undertakings regardless of
monetary gains; and many are pecuni-
ariy successful, which Is desirable
from the viewpoint of being able to dis
tribute q part Of their earnings among
others less fortunate in this respect, IL
for-no other reason"
Later Judge Gary said:
etIt is not the workmen themselves
who talk the loudest or longest con-
eeFning their disadvantages. 1t is others
who are unaccustomed to hard work
and who would, for their own profit, ex-
plot the workman. Labor and capital
alike recognize their interdependence.
Outsiders often seek to antagonize
them That is especially true of many
self-appointed labor union leaders.
insist that the large majority Of en-
ployers or managers of business are
more solicitous for the welfare of the
workmen and do more to promote their
comfort and happiness than outsiders
eyer have done or were disposed to do.
lin the worlds history labor, so called
was never heretofore more highly re
spoctcd nor treated as literally as Ii is
to-day.
Capital, as commonly understood, Is
the accumulation of money or other
property. II has been urged by those
claiming TO speak IN behalf of the
workmen that capital Is the product OF
labor and therefore, the possessor and
owner of capital should have less, or at
least no more, than the workmen, to
say in regard to its management.
Net Profits of Capital.
Concerning the suggestion that the
wotkmen have produced the capital
whose managers employ them II ap-
pears TO me that assuming they have
received literally fair compensation for
their labor and have been otherwise
properly treated, then the net profits of
csTntal belong to the one who earns or
owns the original investment and who
devotes his time. talent. thought, energy
and ability, assumes all responsibility
and risk and furnishes money to COM
pensate the workman who makes no in
Vestment exec is labor, which is paid
for
'In times of war--Cod grant there
may lie no more military conflicts
every one must be convinced there cam
not be q victorious defence except by
tn, prompt and liberal use OF money.
The thirty billion dollars. or what
ever sum was neces- for the mobili-
zation and cqulp,l 1T of troops, their
transportation I'D maintenance. our
own and those OF other countries, and
many other things not necessary TO mem
rar, came from contributions by large
cs-,ital. While it is true that thousands
dollars were contributed through the
PURCHASE OF bonds. or otherwise, by in
dt,lsi dals ut comparatively small means,
tbc large sums were advanced by those
wS5 were moderately wealthy or very
rich, and immediate supplies of money
~ vast amounts were required. II was
fortunate for this nation, for the world
and for civilization itself that this coun-
try was rich.
p"The only alternative which has been
suggested Is that the Government shall
forcibly take possession and control of
All capital and distribute the income de-
rived from IL among the people per capita
this would inject into the natural sys-
tenn of national and individual life a
poison which would eventuate in de-
struction. IL would smother ambition,
enervate the body. remove competition for
legitimate success In every line of ac-
tivity. destroy incentive for development
and progress and create nation OF
laggards, weaklings and paupers.
Disease of sovietism.
Growing out of the illogical and con-
demnat tory doctrine alone described is
sLDpfher. even worse. Anarchy is a
uoneric term for It, Sovetism is most
commonly used at present. It's germs
America and efforts made 20 inoculate
our splendid citizenship. If our people
Will study the facts about this vital
question, as they should do concerning
every important matter, there will be
no epidemic here; they will learn and
act accordingly
"lf it should be urged that accumu-
lated wealth exceeding certain amounts
aud possessed by organized capital
should be subjected 20 governmental in
auiry and restriction in its uses, there
might be no election 10 a fair and rea-
scrablo enactment covering this ques-
ton. provided organized labor should
afo be subjected to the same statute.
'"rhe platform OF labor union leaders
is tho antithesls of the principle of equal
opportunity. Industrially, the individual
can realize the full advantage of the OPP
,,artupftiea which tbiq ~, ofror, ny,iv