American Principles

Cover American Principles
American Principles
Edmund Peyton Lowe
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These are the two great fac- tors concerned in the production of the nation's wealth. Noth- ing but the air and sunlight is free to man. Everything else must be brought to him by his own labor or that of others.
Every created necessity of man has been produced by the union of capital and labor. It must be clear, then, to the rational mind that these two factors of man's happiness and comfort should be thoroughly regulated by a benevolent government. The in- terest of both finds its chief suppor
...t in a mutual understanding and accord. These two great factors of the world's wealth are thus mutually dependent and should co-operate harmoniously in their respective fields of usefulness. What could capital ac- complish without labor, or labor without capital ? Ties of clos- est amity should unite them in their service to the world. Any unfriendly tendencies arising between them should be thoroughly and honestly investigated with a view to correction before dan- gerous obstacles to their peaceful relations arise.

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