White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1935-02-28

record the fact that capital is not the
sole owner of our industries, as is
generally supposed today.
1t is, therefore, very necessary to
safeguard alike the interests of capital,
labor and the people and to seek and
develop just and equitable ways and
means of accomplishing this seemingly
difficult task. But it is not the formid-
able problem that it may seem, for
it can be equitably adjusted to the
welfare of all concerned, and since
there are very natural and simple
methods by which our industries may
be carried on that will bring greater
benefit to all the people and without
injury or injustice to any, and so that
present private owners would receive
full justice, and further on it is in
tended to outline in detail the program
by which it is hoped this desirable OBJ
ject can be accomplished.
First and paramount of all other con-
siderations must be the general welfare
of the whole people, and next to this
is the freedom and happiness of the
individual. Our present system provides
only for the welfare of the few now
in control, and even they are not Sc.
cure and have cause to live in constant
anxiety and dread, while the many live
in constant need and large numbers
are compelled to exist in absolute want
through every hour of their wretched
lives. This condition is no longer toll
cradle and to continue as we are to-
day will in time eXasperate those who
suffer, and we need but to turn the
pages of history to learn that crime
h1nn1chn1 nj
| tably follow in the wake of want.
Our social and economic system must
be freed from all seeds and germs of
discomfort and strife. We must develop
| brotherhood and goodwill between
men and nations, and this can be ac-
complished only by justice from and
| towards ALL and by greater equality in
sharing the benefits and happiness of
life, and while it is not commended here
that all men are equal in mentality
productive capacity or energy, yet all
do have an equal right to share in the
happiness of life and to enjoy the full
benefits of their own productive pow
err. When this has been accomplished
the limit of equality amongst men has
about been reached.
In all races of men there are SUI
periors who must explore and investi-
gate and think, and to whom the path
OF progress must forever remain free
and open. No embargo can be placed
upon individual capacity or initiative.
To men must be given a full oppor-
tunity to develop and expand. Indi-
vidual initiative has brought us to
where we are today in science and Gull
ture, and to check or retard the in
vestigator would mean only stagnation
and decadence of the race. These rest
less souls whose energy and ambition
lead them always from the beaten
path in search of useful hidden won
ders that need only to be located and
uncovered
This tendency towards research and
advancement is priceless heritage
possessed by man alone, and it is the
purpose to provide for its fullest de-
velopment in every way. Under our
present system, all improvement at
first encounters stubborn obstruction
which does not yield until private greed
has gained control; then and then
only, is improvement permitted to pro-
coed and, by keeping greed we'll fed
and fat, we have been allowed to en-
joy the fruits of genius at excessive
cost to the many and but small re-
Enumeration for the honesty and tire
less efforts of genius herself. This pri-
vate greed must be amputated from
human affairs and, after the operation
has been thoroughly performed, l1u-
] man life, while here on earth, will soon
become period of hopeful joy, COM
fort and pleasure, and as near perfec-
ton as man may ever hope to attain
1t has been previously stated that
gold does not represent the true credit
Of nation and it's people and that the
correct credit of a people depends upon
the honesty and productive capacity of
the people together with the natural
resources of the country they inhabit.
These, and these alone, are the true
bases of credit, and it therefore fol-
lows that an honest and resourceful
people occupying fertile country will
naturally have higher international
credit than people who have less
honesty and wealth. producing capacity
and who inhabit a less productive
country. These differences, then, Gre
ate an inequality in the domestic cred
it of any people. 1t follows, then, that
the credit of nation depends solely
upon the people and the resources of
the country they irhabit, and that
their credit is not limited by the am
cunt of gold held by the banks or the
government, and the people are fully
justified in issuing national currency
or money up to the full limit of their
productive credit, without an ounce of
the yellow metal to secure it's value.
Even under our present system we give
our private note, which is accepted
without question provided we have suf-
ficient property back of our note to
make it good, yet we hesitate to accept
the dollar notes of a government until
we are sure there is gold as redeemer
back of the dollar, yet the dollar has
as backing the full resources of the
land and people. All this is absurd and
stupid, and, in a sense, an insult to
our own honesty and ability and will
ingness to pay.
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