(1878.)
Capital and Labor--What is a Capitalist?--The Idle and the Industrious
Artisans--No Conflict between Capital and Labor--A Period of Inflation
and Speculation--Life and Fire Insurance Agents--Business done on
Credit--The Crash, Failure, and Bankruptcy--Fall in the Price of Real
Estate a Form of Resumption--Coming back to Reality--Definitions of
Money Examined--Not Gold and Silver but Intelligent Labor the Measure
of Value--Government cannot by Law Create Wealth--A Bill of Fare not
a Dinner--Fiat Money--American Honor Pledged to the Maintenance of the
Greenbacks--The Cry against Holders of Bonds--Criminals and Vagabonds to
be supported--Duty of Government to Facilitate Enterprise--More Men must
Cultivate the Soil--Government Aid for the Overcoming of Obstacles too
Great for Individual Enterprise--The Palace Builders the Friends of
Labor--Extravagance the best Form of Charity--Useless to Boost a Man
who is not Climbing--The Reasonable Price for Labor--The Vagrant and his
strange and winding Path--What to tell the Working Men.