Perth Amboy evening news., 1923-01-20
Axioms for Unrest

l.. Under any economic or indus
trial system, men and women must
inevitably continue to work for
wages.
2. Some workers must always be
either, owing to special ability or the
class of work performed.
8. No worker can continuously be
| paid wages that he does not earn.
4. The value Of the work must
be controlled by the saleable value
Of the articles produced.
5. The cost of living is governed
by the cost of production, both in
regard to primary products and Sec
ondary manufactures.
s. The community cannot expect
cheap bread, meat and other foods
at the expense of the farmer and
grazier.
z. Shorter hours of work must in
crease the cost of all articles, in
Guiding food and clothing.
s. The maximum output in the
hours worked will result in cheaper
ing the articles produced, as the cost
of production inevitably governs the
selling price.
8. Men and women in a free coun-
try cannot be prevented from saving
money and acquiring property.
10. In order to promote industrial
development and provide work, the
nation must continue to depend upon
Its intellectual citizens.
l.. The community or nation that
develops most brain power and in
ventive genius will be the most pros
porous, and brain must inevitably
command more reward than mere
manual labor.
IL. Capitalism Cor the accumuIa-
ton of wealthy accumulated in every
case through proper investment and
saving can v be abolished, for
some men will always earn, land
save" more money than other men.
ID. Abolish profit and there will
be less industrial development, less
employment, lower wages and
higher cost of living.
Suppose
Suppose all workers tried being fair,
And all employers tried being
square;
Suppose in place OF hatred and
Justice ruled our industrial life.
SuppoS every man had an equal
chance,
To show what's in him and to ad-
vance;
Suppose the hustler gained the
prize,
By doing work the lazy despise:
Suppose that freedom and truth pre-
vailed, y
While all malice and prejudice
failed.
What scheme can bring about
these things?
Just some of the blessing that
hustlin' brings.
I have been in many industrial
towns in this country and on each
occasion have always made it a
point from time to time to discuss
the successful men of that com
munity with some of the old timers
who resided there. Invariably Won
Will near a remark, II knew him
when he was as poor as a hurch
nous" or some similar expression
l. nave made it a point during nv
travels to visit some of the import.
ant industrial plants and talk with
a few of the older employees about
the manager, superintendent o,
Dig boss" and again I hear the
remark, such as 81 knew him when
er and suppose that you are entitled
to 10000 kilowatt hours. If you run
your outfit at 10 kilowatts you last
1000 hours. If at 1000 kilowatts
you last only ten hours. Or you car
compromise at 100 kilowatts and las
100 hours. The word business cycle
Is really not the word to use. Cycle
implies time. 1t is area or mas,
which is the important measure.
ment. There is nc real need of either
over-expansion or depression. we
'could run along at a steady trend
indefinitely, with cycles practically
The principle of action
n reaction is absolutely sound, but
the popular conception OF the cycle
Is both unsound and dangerous.
ITO be concrete, business is now
statistically at normal. BY the So
called business cycle we are at a
bad center. The Babsonchart show.
this very clearly. But this is no a
son why we must stay there or why
the next movement will not be for
the better or for the worse. It all
depends upon how we act-act to-
ward n another and act toward the
rest of the world. When Greed is
enthroned we are headed for de.
pression-when Service is in the
saddle we are headed for Prosperity.
If there was less talk about business
cycles and more about business ath-
les 1t would be better for all of u.s.