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This wealth in the aggregate probably makes up less than 10 per cent of the total wealth of the country and yet the tiny fraction of the population which owns this wealth can exercise a dictatorial control over the economic policies that underlie American public life. The Avenues of Mastery
That presupposes on the part of the representatives of the people, a program, its enactment and its administration. Not because of the pledges of party programs alone, not because of the clear policies of the past five years, but chiefly because of the need of national unity in ending mistakes of the past and meeting the necessities of today, we must carry on.
F.E. Wolfe in his "Admission to Labor Unions," published by the Johns Hopkins University Press, "the unimpeded admission of Negroes can be had only where the local white unionists are favorable. Consequently, racial antipathy and economic motive may, in any particular trade, nullify the policies of the national union."
He knows just what he is doing and why, and has a great influence on the crowd: the mob went wild at his mere presence, and after his brief speech he came absolutely to be one of them. The swaying mass becomes, at his touch, in close contact with their instinctive leader. He is too much in touch with the people to agree with narrow trades-union policies.
Of these three Georgians, so strikingly arrayed against each other in this critical campaign, Mr. Vincent, a gifted Texan, thus wrote with dramatic power: "Hill, Stephens, Toombs all eloquent, all imbued with the same lofty patriotism. They differed widely in their methods; their opinions were irreconcilable, their policies often diametrically opposite.
He lost every residence he possessed, and as the insurance companies refused to renew, from the aspect of affairs, on the expiration of his policies, the loss was a total one, and reduced him to almost beggary. With a few negroes he reached Mobile and is now living on the income their labor yields.
The Brotherhood of Engineers is virtually a large and prosperous business concern: Its management has been enterprising and provident; its treasury is full; its insurance policies aggregate many millions; it owns a modern skyscraper in Cleveland which cost $1,250,000 and which yields a substantial revenue besides housing the Brotherhood offices.
It is a new empire that is being formed beyond the Lakes, an empire with tremendous and perennial resources, with ambitious ideals and progressive policies, with forward-looking people and youthful leaders. There the ultra-conservatism of the East has been brushed aside and space made for a new democracy.
It is worth our while to consider how these reactions may affect practical administration. No reflection is needed to see that in proportion as business men fail to take account of forces outside the business, in that proportion they are likely to miscalculate the results of business policies. Striking examples of such miscalculation are found in the experience of Mr.
It was perhaps inevitable that the more closely the sects were brought together, the more clearly they should perceive their differences, although Marx had exercised every care to draft a policy that would allay strife. Mazzini and his followers could not long endure the policies of the International, and they soon withdrew.
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