OCR Text |
Show I i OUTLINES POLICY OF OFFICE . i Recognition of the rights of capital capi-tal in its disputes with labor will be ( the policy of the new department of labor, according to the plans outlined by Secretary William B. Wilson the other night at a dinner of the men of Gunton-Temple Memorial Presbyterian Presby-terian church in Washington. "Some extremists say capital performs per-forms no function in the world of production and therefore is entitled to no consideration," said Secretary Wilson. "Capital, being the uncon-sumed uncon-sumed product of labor, is m a posi-tion posi-tion to furnish the worker with the means of living until the product is ready for use. Without the use of capital in that way, labor c.uld only be' usd as it is in savage countries. Capital is one of the elements by which productivity may be increased Capital furnishes the machines and gives the worker ability to increase nrrM ll 1 -ya'g -M'"- . J .' - t ' 3 x - I i ? -5 'an Us'toucbeKo weaUh. It does the actual production. Capi-tor Capi-tor it turns all Us to uc es i. q( th() purposes of the tal and labor being t m iZXTrs'jL the" differenSceS at the counci. tabie rarhe, U. I itrikes." |