previous next
[209] its efficacy. Tell us in whom the property is to be vested, how labor is to be remunerated, what share capital is to have in the concern, by what device men are to be induced to labor, how moral offences are to be excluded or punished. Then we may be able to discuss the subject. Nothing was stipulated about the length of the articles; and we do think the Tribune a mischievous paper.

Horace Greeley. Dec. 1st. The property of an association will be vested in those who contributed the capital to establish it, represented by shares of stock, just as the property of a bank, factory, or railroad now is. Labor, skill and talent, will be remunerated by a fixed proportion of their products, or of its proceeds, if sold. Men will be induced to labor by a knowledge that its rewards will be a certain and major proportion of the product, which of course will be less or more according to the skill and industry of each individual. The slave has no motive to diligence except fear; the hireling is tempted to eye-service; the solitary worker for himself is apt to become disheartened; but men working for themselves, in groups, will find labor not less attractive than profitable. Moral offences will be punished by legal enactment, and they will be rendered un frequent by plenty and education.

H. J. Raymond. Dec. 8th. Oh—then the men of capital are to own the land, are they? Let us see. A man with money enough may buy an entire domain of five thousand acres; men without money will cultivate it on condition of receiving a fixed proportion of its products; the major part, says the Tribune; suppose we say three-fourths. Then the contract is simply this:—One rich man (or company) owns five thousand acres of land, which he leases forever to two thousand poor men at the yearly rent of one-fourth of its products. It is an affair of landlord and tenant—the lease perpetual, payment in kind; and the landlord to own the cattle, tools, and furniture of the tenant, as well as the land. Association, then, is merely a plan for extending the relation of landlord and tenant over the whole arable surface of the earth.

Horace Greeley. Dec. 10th. By no means. The capital of a mature association would be, perhaps, half a million of dollars; it

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 3.0 United States License.

An XML version of this text is available for download, with the additional restriction that you offer Perseus any modifications you make. Perseus provides credit for all accepted changes, storing new additions in a versioning system.

hide Places (automatically extracted)

View a map of the most frequently mentioned places in this document.

Download Pleiades ancient places geospacial dataset for this text.

hide People (automatically extracted)
Sort people alphabetically, as they appear on the page, by frequency
Click on a person to search for him/her in this document.
Horace Greeley (2)
Henry J. Raymond (1)
hide Dates (automatically extracted)
Sort dates alphabetically, as they appear on the page, by frequency
Click on a date to search for it in this document.
December 10th (1)
December 8th (1)
December 1st (1)
hide Display Preferences
Greek Display:
Arabic Display:
View by Default:
Browse Bar: