696 THE IMPENDING REVOLUTION. 



has been the fact in the past, and we conclude that it will 

 be so in the future. 



"The plain truth is, that capital and labor are 

 naturally and necessarily co-operative, and not antagonistic. 

 They have common interests; and work together, and 

 must work together. All that capital needs is a free 

 market in which to buy, and all that labor needs is a free 

 market in which to sell. Give to both a free market 

 without any coercion or constraint on either side, and each 

 in serving itself will, under the natural laws of trade, 

 serve the other. ' Walking delegates' and labor 'strikes' 

 are a very poor remedy for regulating the rate of wages. 

 They produce far more harm than good, and are a general 

 curse to the best interests of society." 



It would be much more appropriate for the above 

 article to have appeared in some banker's magazine, or 

 other paper devoted expressly to the interests of capital 

 and monopoly. The theory contained in the above article 

 proposes no adequate relief to the laboring man. Nothing 

 can be more injurious than competition of labor when 

 based upon the necessities of the laborer. The logical 

 conclusion of the above theory may be summed up as fol- 

 lows: When men become too industrious they produce too 

 much, and the supply becomes greater than the demand; 

 then prices fall and hard times and suffering is the result. 

 This is what so-called statesmen, or, as Carlyle has it, mis- 

 statesmen, and the senile editor would call over-production. 

 But just why a great surplus of necessities if such a 

 thing is possible should result in the poverty and suffer- 

 ing of the producers, is a question which our mis-statesmen 

 and senile editor has never yet satisfactorily explained. 

 L,abor and capital should not be at war with with each 

 other, but that they are is a fact so evident that it requires 

 either a great stretch of the imagination, or an utter disre- 

 gard for the truth to claim otherwise. 



