Perth Amboy evening news., 1922-08-16
OWNERSHIP BY
THE INDIVIDUAL
Rotary Club Hears Forceful
Address by GroSvenor
Dave

Mr.. Grosvenor Dave, former edi-
tor of the Nations Business" in
Washington, addressed the Rotary
Club at the luncheon at noon today
on Property Rights VS.. Commun-
ISM"
The points that he made were a
direct appeal to every individual in
the room to consider life as some
what explained by his own expert
ences. Hence, he traced the develop
men of property from the inborn in
stinct of the infant to regard it's toys
| and its other small possessions as
it's own: that the infant progressed
| to an understanding that other toys
belonged to other infants, and that
| at last he could get along happil.
by avoiding stealing from others
and by resisting robbery.
Mr.. Dave moved forward hi:
analysis from the child to the grown
person and explained how property
rights originated in the childhood OF
the race; how they became establish
lished by mutual agreement, or law,
and how society has held together
through the ages in all cases through
individual ownership-with the ex-
ception of a few experiments In
communism which themselves could
not survive except as surrounded by
capitalistic society.
Mr.. Dave then made clear that
capital is the unexpended differehce
between the cost of production and
the purchase price paid by those who
want the thing produced. In other
words, capital Is not a robbery from
labor but Is that means. devised by
tho experience of the human family
through which 1t is possible to con-
i 4 o.
that production, distribution and de-
velopment would be impossible If
each process expended it's own full
reward
Mr.. Dave then outlined the activi-
ties of capital, the development OF
tha nation due to capital, ana the
general challenge to initiative on the
part of the ambitious youth that Is
represented by the capitalistic or
ganization of society. Then on the
other side he showed that without
such challenge; without such a de-
m&nd on mans activities, all pro-
duo ton, except of food, would tend
to cessation, distribution would be
surrounded with all the difficulties
of barter and all society relapse Into
condition worse than the nomads.
Because the railroads represent
to the public mind the most marked
form of capitalization in the United
States. Mr.. Dave then described the
operations of railroads under private
ownership and declared that those
who wanted the protection of their
| own property rights, must through
their own eyes see that the protec-
ton of all property rights is their
own protection.
Therefore. in summing up he
| showed the general effect on society
of maintaining property rights-the
| stimulating effect on society of haV-
| ing to exert itself in order to at
tain. and finally the important part
each must play in perpetuating this
| great country. He gave as an Illus
tration the fact that when the tone
of a body or of a body polite de-
clined then was 1t possible for fatal
disease to get in and destroy. Hence
we who believe in the order of So
ciety as handed down to us by un-
numbered generations must do our
part to perpetuate 1t.
The Rotarians planned to have
their championship baseball team
go to Newark on Saturday to play
the champions of that city under
the auspices of the Rotary Club.
Plans were also completed TO go to
Somerville tomorrow night for the
installation of a Rotary club in that
place.