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Show EDITORIAL IS AMERICAN LABOR BECOMING BE-COMING CAPITALISTIC? It ha.i been said American "labor" is becoming more and more capitalistic. This may be because, as President Coolidge, a few days ago told a national meeting of newspaper editors, "After all, the chief business of the American people is business. They are profoundly concerned with producing, buying, selling, investing and prospering in the world. I am strongly of the opinion op-inion that the great majority of people will always find these are moving impulses of our life." When one comes down to facts there is no difference between "labor" and "capital" taking the terms to mean bodies of men, . ' ... other than one of degree. Both have to work, the one to exist, the other to prevent de-' de-' terioration of savings and self. And when one considers the many interests they hold in common, com-mon, the interests they can have separately, fill a very small part in our life's program. . ' Not long ago one heard and "read a great deal about the "industrial "in-dustrial class struggle." Very earnest and very sincere writers and orators with others who were not so earnest and sincere, dramatically described how "cap 11 ital" kept up late hours at night ,,thinking up schemes on "how to " throttle labor" and how neces- - sary it was to meet this by coun- ter schemes "to curb capital . J Laws and strikes were the fa- jf vorite weapons of offense suggested. sug-gested. But now Labor is becoming be-coming more capitalistic and capital becoming more laboristic, if one may be permitted to express ex-press it. The American Federation Feder-ation of Labor, whose voice is that of the largest body of organized or-ganized wage earners in the en-' en-' tire world, tells the wage earner that his ambition should be to become a capitalist. And whether wheth-er "unorganized" or "organized" he is taking this advice, which, it.may be observed, comes to him from scores" of sources other v' than the federation of labor. |