Daily Kennebec journal., 1922-04-11
SPELL-bINDER
TELLS LEGION COMMERCE MEET
ABOUT BUSINESS ECONOMICS

Some must save and accumulate in
order to give employment to others.
The merchant thinks he pays his
bookkeeper. his clerks, his f1oorwalk
er. his elevator boy and so on, but he
doesn't. IT he does he goes broke
and they lose their jobs. He adds
the price Of their wages to the price
OF the clothes he sells to other work.
ers and they pay the bills. Ninety
ilve per cent are workers. Less than
hVe per cent OF the workers draw
any apprcciable per cent of income.
More than 50 per cent of the people
are workers who earn their daily
! Dread by wages sometimes called SAL
ares. Every man who renders use
lul service to the work is a worker,
| whether it be with his head or his
| hands or his feet.
Each employer adds the wages of
his employees to the price of the pro-
duct he sells or service he renders
and passes it along to his customers.
II he does not do so, he goes broke.
Each customer, in turn, passes the
wage bill on and on until it reaches
The wage Garner. He can't pass it
on and he pays with his muscle or
his brain. SO labor pays labor, in
other words. labor pays it's own
wages. And when a worker tries to
pay himself 4 wage higher than the
products of his labor are worth in
the markets of the world, he cannot
pay the wage and he goes unem-
ploycd. Under such circumstances,
he ought to be the first to ask for a
reduction.
Senator Cartwright fointed out that
from the principle already set forth,
it is perfectly apparent that when one
group of workers get more than their
share, they do SO at the expense Of
other groups of workers. Things
need equalization. There will be,
eventually. The economic law will
continue to grind out it's grist, but it
will take long time. We might
bring it about in three months if we
would. The speaker made an apt il
lustration when he SAID that all envy
the tall man and sympathize with the
short man. but it will do no good to
cut the hands off the tall man to help
the short man. The short man must
be developed so that he himself will
no longer need sympathy.
Speaking of Rockefeller, Senator
Cartwright said that when Rockefel-
Ter made his first thousand dollars.
God didn't stretch his neck so that he
needed more than one collar. But he
gave him an ambition and he invested
his first thousand dollars and made
another thousand. And even then
God didn't make him any different.
He could only have the needs of one
human being. no matter how much
money he had. The world has over
looked the wisdom Of God and the
providence of Nature. There is one
wise provision and that is that one
man can't use more than his share.
Rockefeller has added $4,000 900, 900
to the service Of the world, if in doing
that he has made a billion for him
self. he should have that as his share.
he had ambition, but he used it for
the advancement of the world. His
money was turned into investments
and labor got it, 1t is only the miser
that hurts, and he doesn't hurt much,
because he doesn't get anywhere.
Senator Cartwright was met at the
ElmwOod Hotel by a committee from
Bourque Post and the Chamber of
Commerce and escorted to the 1.e-
gion ball where he was given a cor
dial welcome. The event was made
one to he remembered. Barney's or
chcstra furnished music and there
were also vocal selections that were
much enjoyed. Commander Thomas
Weeks presented the speaker to the
audience.