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MISCELLANEOUS.

illegitimate children, dwelling in an abode of wretchedness and want because the law has imprisoned the husband and father instead of allowing him to live with and protect them; on the walls of the White House, illuminated texts concerning the purity of the home and exclusiveness of love, taken from the president's message to congress on the Mormon question; on the walls of the prison cell, the constitutional amendment forbidding the passage of laws abridging religious freedom. Title for the cartoon: "Mormonism in Cleveland's eyes, like the tariff in Hancock's, a purely local question."—Liberty, June 19, 1886.

 

Work and Wages sneers at the paradise of cheapness of which Edward Atkinson and other economists boast, but which is achieved by the reduction of wages to a very low point, as a fools' paradise. It is right. But its own paradise of dearness, to be achieved by the determination of individuals to pay more than the market value for products and thereby rob themselves, is equally a fools' paradise, if not more so. For, while it is true, as Work and Wages claims, that cheapness is achieved at the cost of injury to health and mind and morals and therefore to productive power, it is also true, as the economists claim, that the payment of higher than market prices causes a loss of capital, stifles enterprise, and makes wages even lower than before. The wise men's paradise is that in which the market value of products is equal to the wages paid to the labor (of all sorts) expended in their creation, and it can be achieved only by the total abolition of those checks upon the supply of capital which States have imposed and economists have justified for the purpose of keeping wages at a point low enough to sustain capitalists in luxury and yet not quite low enough to immediately "kill the goose that lays the golden egg." In that paradise there will be no sentimental endeavor to pay high prices, but all will buy as cheaply as they can, the difference between that state and this being the vital one that then the unimpeded circulation of capital will enable labor to buy its wages for much less than it now pays for them. The tendency to cheapness of product being thus balanced by a tendency to dearness of labor, the displacement of monopoly and charity, those parents of pauperism, by competition and equity will give birth to an entirely new economic condition in which industry and comfort will be inseparable.—Liberty, May 28, 1887.

 

Jus, the London organ of semi-individualism, combats the

doctrine that surplus value—oftener called profits—belongs to