Social problems; United States -- Social conditions -- 1865-1918
It is owing to the tendency of capital to combine its productive
energies that working-men, as they are pleased to designate themselves,
conceive the idea that capital and labor are antagonistic in their
interests. Hence working-men, especially miners and mechanics, combine
against capitalists for the purpose of securing higher rates of wages.
In doing this, they resort to "strikes," violate their contracts, and
dictate their own prices. If their terms are not accepted, they refuse
to work, and the great leading industries of the country are crippled,
if not suspended. A train of moral and physical evils follows, which are
more seriously felt by the "strikers" than by capitalists. If movements
of this kind are continued, the obvious result will be to drive capital
out of the country to seek a more reliable investment. It is labor that
produces capital, and capital that furnishes labor. The one must depend
on the other. Their interests are therefore mutual, and both are
entitled to equal protection; their relations to each other must
necessarily be regulated by the law of supply and demand. There is no
other law or power that can do it. If force be applied, it is certain to
react. Yet the field is alike open to all. The laborer often becomes a
capitalist, and the capitalist a laborer. What are known as "strikes,"
therefore, can effect no lasting good to any one. They are but elements
of social discord, which demagogues seize and control for their own
aggrandizement. In fact, "Trades Unions" are nothing more nor less than
organized conspiracies against capitalists and the best interests of the
country. If tolerated, the government itself is in danger of being
ultimately subverted. It is clear that the tendency of these unions is
to produce disunion. They have already become so formidable in numbers
and in political influence as to render it doubtful whether any
legislation could be obtained, or military power enforced, which would
either control or restrain them in their action and ultimate aims. In
view of this state of things, it would seem that the time has come when
the American people, as a nation, should pause and "take the sober
second thought."
Public-domain text, read in full here on John Shaqi.
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