Amerikai Magyar hirlap = American Magyar journal. [volume] (Youngstown, Ohio) 1911-1942, 1922-06-29

the workers. The stability of our in
stitutions, our social and political
structure, depends more upon the
maintenance of our power to absorb
the products of our toll, and this
means wage which permits the peo-
Pile to buy the things our workers
make. The ghost that worries our
dreams of civilization and of govern
ment today is unemployment.
In the American working people,
with their quickened intelligence, we
have unknown reservoirs of brains
and energy. By paying wage that
will permit of buying and saving we
simply place in their active hands a
new measure of capital. This, sent
on its way, by their needs and wants
and tastes, by their new hunger for
life, is sent on it's useful errand of
enrichment with a far greater mom-
entum than it has received from the
mere bond buyer or financial investor.
In paying the American worker in
terms of saving wage we are not
giving capital away, we are bringing
new brains and enterprises into the
use of capital.
AS against the man who merely in
herits money, | have no hestitancy
whatever in placing the man who
earns money as by far the more ac-
tive and trustworthy handler of the
power in money. can not help think
ing it far better for the country if
the man who inherits money should
draw slightly lower dividend if nee
essary in order that the man who
earns money shall have a slightly
higher wage. For the man who mere
ly has money left him is not moved
to use his means as is the wage earn
er who will utilize money for the i'm
provement of his immediate life and
for the safeguarding of his future.
When the workman saves the whole
country saves. When the workman
buys, the whole country profits. With
buying and saving wage | see every
workman with larger stake in his
country. He will have his savings in
vested in home, with quickening to
the building industry, Or he may buy
stocks or bonds in business. He will
1-ha 70 hn
standard that we expect of an Amer
lean. He will have enjoyments in life
such as only fall to an American. He
will be able to enjoy leisure free
from anxiety. In that period Of leis-
ure he may employ his mind to in
vent some mechanism or improve
ment of lasting worth to human ad
vancement. In a word, we little know
how much genius we may unleash in
our people now hidden away because
they see no future reward If we
quicken them as We should we shall
have contentE and active partners
in our national business where now in
so many instances we have only sus-
picious dependents who strike at every
fancied grievance.
With the personal improvement of
the worker will go an Improvement of
our national life. The appreciation of
things of beauty, of arts and refine
ment, are not the exclusive property
of our cultivated people. The worker
himself enjoys these things, even as
though he may not be able to possess
them. We owe it to these great hun
CRY masses to place within their pow
er the enjoyment of great works of
the mind.
| am sure that buying and saving
wage is not impossible from an eco-
nomic standpoint; it is not simply
short to the remedy for many of our
industrial ills. but it is to mean a vast
improvement and addition to our life
as a people. 1t is certain to breach
the gap between the worker and the
man of means or brains, There has
never been any difference between
them except the difference of oppor-
tunity. Now / think we are on the
brink of placing opportunity more
largely in the hands of the man who
most needs it. On that ground alone
it would be possible to base the con-
I tention that the saving wage is some