What's What in AmericaBrewster, Eugene V. (Eugene Valentine)
History
What's What in America
Brewster, Eugene V. (Eugene Valentine)
United States -- Civilization; United States -- Social life and customs
question, because their non-employment is caused by the organization of
the industries, and it becomes the nation's duty to give these men an
opportunity to earn a living. This it can do by lessening the hours of
work in the industries. If all the workmen are required to work fewer
hours each day, more men will be required to work, and thus employment
can be given to all. Every national question can therefore safely be
entrusted to the national convention; and, so long as that convention
has power to act, you will have no trouble.
I believe, however, that so long as the national convention is known to
be in existence, and that it has such power of direction, there will be
little for it to do. Because, the great partnerships and industries and
labor organizations, knowing of such a supreme judicial power, will
usually so adjust their differences, and in a natural and peaceful way,
that but few questions will come before the national convention. It is
therefore the knowledge of the existence and power of such body that
will urge all men to act honorably with one another. It is the fear of
it which will be the potent factor, and not the thing itself."
After a few more remarks of explanation, the old philosopher disappeared
as mysteriously as he had come. After deliberating upon his wise
suggestion for a while, the islanders finally adopted his plan, and
forever thereafter the island never had occasion to seek his counsel.
PART VII.
CONCLUSIONS.
Let us assume that in the preceding pages we have proved the following
propositions:
1. That the Trust cannot and must not be destroyed.
2. That the government could not and should not own and operate the
Trusts.
3. That the Trust, if not interfered with, will work great injury to
society and that therefore some stringent action must be taken.
4. That such action must be such as will not destroy the many virtues of
the Trust.
INTERDEPENDENCE.
Let us assume that we have also proven the following propositions:
1. That every man is dependent upon his fellows for all the necessaries
and comforts of life.
2. That every industry is dependent upon other industries.
3. That the natural, proper and inevitable tendency is toward
specialization and localization.
4. That, as men specialize, and industries localize, a natural monopoly
results.
5. That each man and each industry becomes an integral part of an
immense industrial machine.
6. That harmonious action of this machine must exist, for the reason
that if a single wheel is misplaced here, or an engineer refuses to
respond there, the action of the entire machine is impaired.
Public-domain text, read in full here on John Shaqi.
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